Bank of Baroda is likely to raise up to Rs 5,000 crore through the issuance of infrastructure bonds in coming days, as the state-owned lender looks to garner long-term funds amidst firm demand for credit. The bank may conduct the debt sale on September 6, with the issuance likely to have a base size of … Read more
Mumbai: Banks are likely to make representations to the Reserve Bank of India (RBI) on sustained liquidity drainage that has pushed up funding costs for lenders despite unchanged policy rates for nearly a year. Liquidity has steadily declined with the central bank repeatedly stressing the primacy of maintaining price stability as Indian voters get ready … Read more
Not long ago, the US witnessed a banking crisis that shook its financial landscape. Within a blink of an eye, Signature Bank, Silicon Valley Bank, and First Republic Bank crumbled, leaving many investors thinking over the causes of their downfall. But who was the culprit behind these bank failures? Well, it was the dreaded bank … Read more