Bankruptcy attorneys can help you with many aspects of the bankruptcy process. They can review your finances and help you decide if filing is the right choice for you. They can advise you on the…
About 20% SBI borrowers opt for loan repayment…
MUMBAI: State Bank of India chairman Rajnish Kumar on Friday said close to 20 per cent of the bank's borrowers have opted for moratorium on repayment of term loans instalments. On March 27, the central…
Banks will struggle to generate profits even as…
WASHINGTON — The beaten-down banking sector will remain under pressure through 2025 even as the economy recovers, the International Monetary Fund said Friday. In its latest "Global Financial Stability Report," the IMF found banks across nine advanced economies…
Spot LNG price crash set to make life…
New Delhi: Spot prices of liquefied natural gas (LNG) have fallen sharply to $ 1.3 per unit, which has serious implications for India because it will be difficult to sell the fuel to factories as…
Hong Kong is ‘anxious, angry and frightened,’ ex-lawmaker…
Opposition politicians in Hong Kong have spoken up against Beijing's proposed national security law for the city, claiming that it violates China's "promise" of autonomy and freedom to the Hong Kong people."I think we're talking…
Class action lawsuit dismissed against Infosys
BENGALURU: A class action suit that alleged violation of the U.S. federal securities laws by Infosys was dismissed on Thursday, the company said in a regulatory filing. In October 2019, a class action lawsuit was…
Deposits rise over Rs 2.8 lakh crore in…
MUMBAI: Bank deposits have risen by over Rs 2.8 lakh crore in three fortnights of the lockdown till May 8, while bank credit during the period dipped by Rs 1.2 lakh crore, according to data…
Bill to delist Chinese stocks moving at ‘warp…
Flags of the US and China are placed ahead of a meeting between US Secretary of Agriculture Sonny Perdue and China's Agriculture Minister Han Changfu at the Ministry of Agriculture in Beijing on June 30,…
Moratorium extension not enough, loan recast will be…
NEW DELHI: RBI on Friday extended the moratorium on loan repayments till August 31, much in line with the expectations on Dalal Street. However, analysts were still left disappointed, as they were expecting the central…