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'CBI To Probe Anil Ambani's SBI Fraud Case': Centre To Lok Sabha
State Bank of India has classified Reliance Communications along with promoter director Anil D Ambani as 'fraud' and is also in the process of lodging complaint with CBI, Parliament was informed on Monday.
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"Amused": Nirmala Sitharaman As AAP's Raghav Chadha Flags Bank Conditions
Nirmala Sitharaman, in a friendly banter, said that Raghav Chadha's exposure to the western world would help people within the country.
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Bank of England's Prudential Regulation Authority Directs UK Firms to Disclose Crypto Exposure Status
The Bank of England's Prudential Regulation Authority (PRA) has issued a directive to local enterprises to disclose their crypto holdings, if any. The PRA is touted as a BOE-affiliated financial watchdog in the UK.
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Basel Committee of Banking Supervision Approves Crypto Asset Disclosure Framework for Banks
The BCBS has given a green light to a ‘disclosure framework’ that will detail how the exposure of banks with crypto assets should go about. The disclosure framework by BCBS directs banks to maintain public records of their crypto engagements and their exposure to these risky assets.
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'India Banking On Coach Amol Muzumdar's Experience': Smriti Mandhana Ahead Of England Test
With the Indian women's team lacking enough red-ball exposure, vice-captain Smriti Mandhana said her young teammates are picking the brains of new head coach Amol Muzumdar to get into red-ball mindset
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Hong Kong Banking Shares Dip Amidst UBS's Takeover Of Credit Suisse
Banking shares in Hong Kong tumbled in early trade on Monday, even as the city's monetary authority said the sector had "insignificant" exposure to troubled Swiss banking giant Credit Suisse.
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TCS, Infosys Have Highest Exposure to US Regional Banks, Says JP Morgan After SVB Collapse
Top Indian information technology firms Tata Consultancy Services and Infosys have the highest exposure to regional banks in the United States that are gripped by a financial turmoil, analysts at JP Morgan said on Friday.
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EU's Pending Banking Law Calls for Fast-Track Crypto Capital Rules for Banks
Tough capital rules for banks holding cryptoassets must be fast-tracked in the European Union's pending banking law if Europe wants to avoid missing a globally-agreed deadline, the bloc's executive has said. The global Basel Committee of banking regulators from the world's main financial centres has set a January 2025 deadline for implementing capi...
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Adani Row: "LIC, State Bank Exposure Tiny," Finance Secretary Tells NDTV
"SBI and LIC's exposure to any given company is far below the level where it should be a concern to any investor," Finance Secretary TV Somanathan told NDTV.
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PNB Chief Says Bank Has Exposure To Adani Group, But Not A Matter Of Worry
Punjab National Bank has a total exposure of 70 billion rupees to Adani Group, but there is currently no worry pertaining to those accounts, the state-run lender's managing director and chief executive said on Monday.
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Cowen Launches Specialised Crypto Division to Take Lead on Increasing Crypto Interest
US-based investment bank Cowen has announced a digital asset division, giving clients exposure to crypto-assets the likes of Bitcoin and making it just the latest major Wall Street player to move into the fast-growing cryptocurrency space.
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Josh Hazlewood Banking On IPL Exposure For Insights Into Indian Batsmen For Upcoming Test Series
Josh Hazlewood hopes more IPL exposure with CSK this season will give him insights into the Indian batsmen whom he would face in Tests later this year.
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Top PMC Officials Hid HDIL Accounts From System, RBI Tells Court
Senior officials of scam-hit Punjab & Maharashtra Cooperative Bank used special codes to hide hundreds of dummy loan accounts of HDIL, to which the bank had over 73 per cent of its loan exposure, the RBI informed the Bombay High Court on Tuesday.
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Suspended PMC Bank Chief Hid Info From RBI Fearing "Reputational Loss"
Former Punjab Maharashtra Co-operative Bank Managing Director Joy Thomas has admitted to misleading the RBI for six to seven years by concealing and misreporting defaulted loans worth Rs 6,500 crore taken by crisis-hit real estate firm HDIL
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Sensex Falls Over 250 Points, Nifty Below 10,350: 10 Points
The BSE Sensex fell as much as 276 points on Wednesday to hit an intraday low of 33,580, dragged down by banking and energy stocks. The National Stock Exchange (NSE) benchmark index Nifty lost 90 points to hit an intraday low below the 10,350 mark in afternoon deals. Declines during Wednesday's session were led by banking, energy and FMCG stocks. W...
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'CBI To Probe Anil Ambani's SBI Fraud Case': Centre To Lok Sabha
State Bank of India has classified Reliance Communications along with promoter director Anil D Ambani as 'fraud' and is also in the process of lodging complaint with CBI, Parliament was informed on Monday.
-
"Amused": Nirmala Sitharaman As AAP's Raghav Chadha Flags Bank Conditions
Nirmala Sitharaman, in a friendly banter, said that Raghav Chadha's exposure to the western world would help people within the country.
-
Bank of England's Prudential Regulation Authority Directs UK Firms to Disclose Crypto Exposure Status
The Bank of England's Prudential Regulation Authority (PRA) has issued a directive to local enterprises to disclose their crypto holdings, if any. The PRA is touted as a BOE-affiliated financial watchdog in the UK.
-
Basel Committee of Banking Supervision Approves Crypto Asset Disclosure Framework for Banks
The BCBS has given a green light to a ‘disclosure framework’ that will detail how the exposure of banks with crypto assets should go about. The disclosure framework by BCBS directs banks to maintain public records of their crypto engagements and their exposure to these risky assets.
-
'India Banking On Coach Amol Muzumdar's Experience': Smriti Mandhana Ahead Of England Test
With the Indian women's team lacking enough red-ball exposure, vice-captain Smriti Mandhana said her young teammates are picking the brains of new head coach Amol Muzumdar to get into red-ball mindset
-
Hong Kong Banking Shares Dip Amidst UBS's Takeover Of Credit Suisse
Banking shares in Hong Kong tumbled in early trade on Monday, even as the city's monetary authority said the sector had "insignificant" exposure to troubled Swiss banking giant Credit Suisse.
-
TCS, Infosys Have Highest Exposure to US Regional Banks, Says JP Morgan After SVB Collapse
Top Indian information technology firms Tata Consultancy Services and Infosys have the highest exposure to regional banks in the United States that are gripped by a financial turmoil, analysts at JP Morgan said on Friday.
-
EU's Pending Banking Law Calls for Fast-Track Crypto Capital Rules for Banks
Tough capital rules for banks holding cryptoassets must be fast-tracked in the European Union's pending banking law if Europe wants to avoid missing a globally-agreed deadline, the bloc's executive has said. The global Basel Committee of banking regulators from the world's main financial centres has set a January 2025 deadline for implementing capi...
-
Adani Row: "LIC, State Bank Exposure Tiny," Finance Secretary Tells NDTV
"SBI and LIC's exposure to any given company is far below the level where it should be a concern to any investor," Finance Secretary TV Somanathan told NDTV.
-
PNB Chief Says Bank Has Exposure To Adani Group, But Not A Matter Of Worry
Punjab National Bank has a total exposure of 70 billion rupees to Adani Group, but there is currently no worry pertaining to those accounts, the state-run lender's managing director and chief executive said on Monday.
-
Cowen Launches Specialised Crypto Division to Take Lead on Increasing Crypto Interest
US-based investment bank Cowen has announced a digital asset division, giving clients exposure to crypto-assets the likes of Bitcoin and making it just the latest major Wall Street player to move into the fast-growing cryptocurrency space.
-
Josh Hazlewood Banking On IPL Exposure For Insights Into Indian Batsmen For Upcoming Test Series
Josh Hazlewood hopes more IPL exposure with CSK this season will give him insights into the Indian batsmen whom he would face in Tests later this year.
-
Top PMC Officials Hid HDIL Accounts From System, RBI Tells Court
Senior officials of scam-hit Punjab & Maharashtra Cooperative Bank used special codes to hide hundreds of dummy loan accounts of HDIL, to which the bank had over 73 per cent of its loan exposure, the RBI informed the Bombay High Court on Tuesday.
-
Suspended PMC Bank Chief Hid Info From RBI Fearing "Reputational Loss"
Former Punjab Maharashtra Co-operative Bank Managing Director Joy Thomas has admitted to misleading the RBI for six to seven years by concealing and misreporting defaulted loans worth Rs 6,500 crore taken by crisis-hit real estate firm HDIL
-
Sensex Falls Over 250 Points, Nifty Below 10,350: 10 Points
The BSE Sensex fell as much as 276 points on Wednesday to hit an intraday low of 33,580, dragged down by banking and energy stocks. The National Stock Exchange (NSE) benchmark index Nifty lost 90 points to hit an intraday low below the 10,350 mark in afternoon deals. Declines during Wednesday's session were led by banking, energy and FMCG stocks. W...
