US Charges $5,000 Fee for Illegal Immigrants Aged 14+
US Border Patrol announces a $5,000 apprehension fee for illegal immigrants aged 14 and older. New policy part of Trump administration's sweeping border crackdown. Details inside.
Category : Search result: global banks
SC: Temple money cannot be used to save cooperative banks
India's Supreme Court ruled temple funds are sacred, belonging to the deity, and cannot be diverted to rescue struggling cooperative banks. Read the landmark judgment details.
RBI Rate Cut to 5.25%: FD Interest Rates May Fall Again
The RBI cut the repo rate by 25 bps to 5.25%, its fourth reduction in 2024. This move signals another round of FD rate cuts. Learn how to protect your savings and lock in higher returns before banks act.
Rupee Recovers to 89.98 After Hitting 90.42 Intraday
The Indian rupee halted a six-session slide, closing at 89.98 against the US dollar. Foreign bank dollar sales aided recovery, but pressure persists ahead of RBI's policy decision.
Canada's Big Banks Raise Bonus Pools 15% for FY25
Canada's top lenders increased bonus reserves by 15% for fiscal 2025, driven by active capital markets and volatile trading. Discover which banks led the hikes and why.
RBI's New Rules for Foreign Bank Exposures
RBI mandates stricter exposure caps for foreign banks' overseas branches, effective April 2026. New rules aim to curb concentration risk and align with global standards. Read the full details.
PSU Bank Stocks Fall After Govt Clarifies on FDI Limit
Shares of state-owned banks fell sharply after the government clarified it is not considering raising the FDI limit in PSU banks from 20%. Get the full market analysis here.
Chinese Banks Scrap 5-Year High-Yield Deposit Products
Top Chinese banks, including ICBC and AgBank, have removed high-interest 5-year certificates of deposit to cut costs. This move aims to ease pressure on record-low profit margins as lenders support the economy. Learn the implications for savers and the ba
Bank Holiday in Goa Today for Feast of St. Francis Xavier
Banks in Panaji, Goa, are closed on Wednesday, December 3, 2025, for the Feast of St. Francis Xavier. Check the city-wise operational status and available digital banking services.
Loan-Deposit Rate Gap Squeezes Bank Margins, RBI Told
PSU bank chiefs warn RBI of a 70-bps margin squeeze as loans reprice instantly with repo rate cuts, but deposit rates lag. Key asymmetry threatens profitability.
Bokaro DC Criticises Banks Over Failed Scheme Targets
Bokaro Deputy Commissioner Ajay Nath Jha reprimands banks for failing to meet targets in key government welfare schemes. Show-cause notices issued for non-performance. Read more.
No Merger Plans for Public Sector Banks, Says Govt
The government has ruled out any plans to restructure or merge public sector banks. Get details on FDI limits, IDBI Bank disinvestment, and RRB performance.
No PSB merger plans now, IDBI Bank sale in due diligence
Finance Ministry tells Lok Sabha no PSB merger proposals are under consideration. IDBI Bank strategic sale advances to due diligence stage by shortlisted bidders. Details inside.
15 Fugitives Owe ₹58,082 Crore to Banks: Govt
Indian govt names 15 Fugitive Economic Offenders, including Vijay Mallya & Nirav Modi, owing ₹58,082 crore to PSBs. Details on recovery & list inside.
Bank Holidays: Nagaland & Arunachal Closed Today
Banks in Nagaland and Arunachal Pradesh remain closed today for State Inauguration Day and Indigenous Faith Day. Check December 2023 holiday calendar and plan your banking activities accordingly.
UAE Waives AED 475M Debt for 1,435 Citizens
The UAE government has waived over AED 475 million in debts for 1,435 Emiratis. This major financial relief initiative, announced ahead of National Day, aims to support citizens' well-being and family stability.
Canara Bank's AT-1 Bonds Return After Year Gap
Canara Bank's ₹3,500 crore AT-1 bond issue breaks year-long silence in perpetual bond market, paving way for other state-run banks to follow with capital raises.
Indian Bank Delivers 601% Returns Over 10 Years
Indian Bank's remarkable turnaround from NPA crisis delivers 601% returns in a decade, outpacing Sensex. Discover how reforms and digital transformation fueled this multibagger performance.
Bank Chiefs to Monitor Top NCLT Cases Personally
Public sector bank CEOs must personally oversee top 20 pending NCLT cases and 10 resolution accounts. DFS Secretary Nagaraju urges swift action for better recoveries through IBC ecosystem.
US Relaxes Bank Capital Requirements for Wall Street
US regulators ease capital rules for major banks, freeing $219B for subsidiaries. Fed officials divided on move affecting Treasury market stability. Read analysis.
India's Retail Credit Growth Strong in Q2 FY26
India's retail credit momentum remains robust with gold loans growing 35.8% YoY and large-ticket personal loans dominating. PSU banks gain market share as festive season boosts lending.
PSU Bank Stocks Surge 30% in 2025, SBI at All-Time High
Public sector banks stage strong comeback with Nifty PSU Bank index surging 1.8%. Indian Bank leads with 65% returns as SBI crosses ₹9 lakh crore market cap. Discover the driving factors behind this impressive rally.
UK Bank Stocks Jump as Tax Hike Fears Ease
UK lenders including Barclays and Lloyds surged 3% after reports Chancellor Rachel Reeves won't raise bank taxes in Wednesday's budget. Banks urged to endorse economic plans.
Banks Open Today Despite Guru Tegh Bahadur Holiday
Banking services remain operational across India on November 25 as RBI hasn't declared holiday for Guru Tegh Bahadur Shahid Diwas. Check complete details and December holiday schedule.
December 2025 Bank Holidays: Complete Guide
Plan your banking in December 2025 with our comprehensive state-wise holiday list for Indian banks. Check dates now to avoid inconvenience!
Capital Gains Accounts Scheme Updated with Digital Features
India's Finance Ministry revamps CGAS with private banks, UPI payments & online account closure from April 2027. Learn how taxpayers can save capital gains tax with new digital facilities.
US Bank Profits Surge 13% as FDIC Fund Strengthens
US banks reported 13% profit growth in Q3 2025 with FDIC insurance fund reaching $150.1 billion. Problem banks decreased to 57. Read the full analysis.
DBS Reduces Alliance Bank Malaysia Stake Bid to 30%
Singapore's DBS revises Malaysia banking entry strategy, lowering stake purchase in Alliance Bank from 49% to 30% after central bank resistance. Read the full analysis.
Indian Banks Poised for Earnings Rebound: IIFL Report
Indian banking sector reaches inflection point with strong earnings growth ahead. Private banks lead recovery while public sector banks show improved fundamentals. Read analysis.
Nifty Bank Hits Record High 59,264, PSU Banks Rally
Nifty Bank index surged to a record high of 59,264, crossing 59,200 for the first time. PSU banks outperformed, but analysts see private banks leading next growth phase. Read analysis.
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