Deutsche Bank chief executive officer Christian Sewing was there to give the annual pep talk to his top executives.

SoftBank has set an indicative price of 1,500 yen ($13.23) per share for its initial public offering (IPO), a regulatory filing showed on Friday, making the deal worth 2.4 trillion yen ($21.16 billion) in one of the world’s biggest-ever listings.

Marriott International said it’s investigating a hack of the guest reservation database at its Starwood unit that may be one of the biggest such breaches in corporate history.

Samsung Electronics surprised the market on Tuesday with an estimated 29% drop in quarterly profit, blaming weak chip demand in a rare commentary issued to ‘ease confusion’ among investors already fretting about a global tech slowdown.

For the Federal Reserve, 2019 has started out looking a lot like 2016: The last time uncertainty over global growth roiled financial markets for months on end.

People familiar with the Walmart partnership with Deliv said the Deliv drivers had to frequently wait 40 minutes or more to collect grocery orders when they showed up at the store. One reason for that, they said, is because Walmart gives a priority to customers over delivery drivers during regular hours, which complicated the partnership.

Lyft will pitch investors on its fast growth in the United States as it seeks to beat out Uber to become the first publicly listed ride-hailing company, according to people familiar with the matter.

The two sides have been struggling with more than 100 issues raised by the United States in a lengthy statement given to Chinese officials in May

It’s been a rough few weeks for the world’s wealthiest man.

Pakistan on Monday conferred its highest civilian award Nishan-e-Pakistan on Saudi Crown Prince Mohammad bin Salman for his “outstanding support” in reinvigorating the ties between the two countries.

China’s space ambitions are shifting into a higher orbit.

That’s increasingly important in a health-care market where patients have more choices, such as going to an urgent care clinic rather than a hospital emergency room.

Executives and strategists try to keep their tactics under the radar, and Disney declined to provide an executive to comment on its tactics. But the studio’s answer to the online hate is there for all to see on the internet.

As President Donald Trump shows his eagerness for the coming 2020 re-election battle, the first lady's fervour for participating in the effort is not that clear.

As Trump claims to be the first American president to stand up to Beijing, his aides have built a possible deal on a foundation of distrust.

The Trump administration responded with a plan to authorise as much as $12 billion in aid

Over 40 countries, including the US, which had been one of the last holdouts, grounded airliner’s newest version after a second fatal crash proved one too many.

Indonesia’s Lion Air firms up moves to drop a $22 billion order for the 737 in favour of the Airbus jet, according to a person with knowledge of the plan.

Mueller report identified at least 10 instances of potential obstruction of justice by Donald Trump.

For how long School records are preserved in India such as the documents which are submitted at the time of admission like Birth Certificate, Address proof, transfer certificate, etc ?

Can anyone please enlighten.

A person who is enrolled in State Government job he continued his service 6 yrs, unfortunately he met accident he need bed rest for two to three. is that such term leaves are available,or they terminated from service ,so please advise what to do next seeking your response

IN BELGAVI, KARNATAKA STATE, BOUGHT AGRICULTURAL LAND OF 2.75 ACRES AFTER GETTING DC APPROVAL IN 2018 WITH A LOCK IN TRANSFER 5 YEARS. NOW CAN I TAKE LOAN FROM AN INDIVIDUAL FOR BUYING A TRACTOR AND CULTIVATION OF LAND BY MORTGAGING THIS AGRICULTURAL LAND

Overeating and high calorie diet needs to be avoided. If you are a student and want to study abroad, then financial crisis at home can upset you today. Festive atmosphere at home would ease your tension. Make sure you also participate in this and not remain like a silent spectator. Your beloved today would like to say his/her mind rather than listening to you. This can make you upset. The day is good. Hence, along with others, you will be able to make some quality time for yourself. You may take your partner for granted in certain case, which will lead to a fight. Avoid stepping out of your boundaries while joking with friends, as it can ruin your friendship.

The agency said the rating on India Infoline Finance's corporate family rating, foreign and local currency debt and its senior secured MTN programme ratings, and also senior unsecured debt rating are placed under review for downgrade. 

The data from Bloomberg show that total borrowings (short term and long term) of Muthoot Finance were Rs 29,346.4 crore as of FY19.

Loans and advances grew 60% year-on-year during 2019-20, from Rs 44,776 crore in March 31, 2019. Its total deposits grew 32% y-o-y to Rs 57,073 crore during the fiscal ended March, 2020. The bank had total deposits of Rs 43,232 crore as at end of March 2019.

The National Payments Corporation of India (NPCI) has been urging Indians to use more digital payment methods, so that people do not step out even to go to the ATM, reduce social contact and curb the spread of Covid-19.

The fund will work in a similar manner in which the public sector and private sector partnered to invest and rescue Yes Bank.

In 2017-18, the RBI permitted several PSBs under the prompt corrective action (PCA) framework to buy back AT-1 securities and lower the risk of a trigger event occurring under Basel-III rules.

Direct Benefit Transfer (DBT) to the poor and vulnerable section of society, hit hard by the coronavirus outbreak and the consequent lockdown, is providing financial support for sustaining during these difficult times.

There will be very limited impact on affordable housing loans, most of which are backed by cash flow, and given mostly to the salaried class who have a steady income.

According to dealers, firms like Reliance Industries (RIL), NABARD, and Tata Steel are likely to hit the bond market on Thursday with an intention to raise a cumulative Rs 15,000 crore.

Private banks are also understood to be entertaining requests for a moratorium as some of them have exposure to microfinance borrowers themselves and have a good sense of the market.

"Since March 15, our volumes on outward remittance services have increased many fold. There is a significant difference in before-and-after demand since mid of March," said Praveen Kutty, Head of Retail and SME Banking, DCB Bank without quantifying the increase in demand.

NBFCs face a double whammy because they are offering moratorium to customers despite not getting one themselves from their lender banks, as per Crisil.

According to the Pradhan Mantri Jan Dhan Yojana (PMJDY) website, the total number of RuPay cards issued so far stands at over 290 million.

Banks are required to hold LCR which is 100 per cent equivalent of projected cash outflows during the 30-day stress scenario.

ESAF has more than 96% of its exposure in the micro-segment with the average ticket size of the loan being Rs 33,000.

Earlier, the Business Correspondent Federation of India (BCFI) had said that while the BCs were offering services of cash withdrawal, very few are depositing money in the wake of the current lockdown.

Ananth Narayan, professor-finance at SPJIMR, believes that while TLTRO 2.0 is welcome, it does not address the core issue.

Notably, following RBI's announcement on allowing a moratorium on term loans for March 1 to May 31, most of the MFIs have extended a moratorium to their borrowers till May 31.

It appreciated HDFC Bank's comfortable capitalisation, strong earnings, regular capital raising to fund above-average growth and the "best" asset quality in the system.

Jagdishan and Bharucha are the internal candidates and have been serving the bank for many years each, while Garg is working with American bank Citi at present.

S&P Global Ratings on Saturday affirmed HDFC Bank’s issuer credit rating at BBB-/Stable/A-3 and senior unsecured rating at BBB-, adding that the lender’s rating will move in tandem with that of the sovereign.

The bank saw the fallout of the lockdown in the second half of March, with loan origination and cross-selling of other products slowing down, the management said.

The RBI announced the liquidity facility under the TLTRO 2.0 window for NBFCs and MFIs after these institutions failed to get funding under the earlier TLTRO scheme announced late in March.

The new provisioning requirement has to be made for the March and June 2020 quarters and this will impact their profitability in 2019-20 and 2020-21.

Kotak Mahindra Bank, which has revised interest rate on daily balances in savings account multiple times over the past year or so, has again made a change.

To tackle the current crisis arisen from the COVID-19 outbreak and the consequent nationwide lockdown, the government and the RBI have announced many measures to ease the stress of businesses. 

In a recent report, global ratings agency Standard & Poor's had said Kotak Mahnidra Bank can weather the challenges that will be posed by the infections and affirmed its rating on the lender.