Bank seized your property after loan default? RBI's new rules explained
The Reserve Bank of India has issued a new framework governing how banks must value, manage and sell properties acquired while recovering defaulted loans. The...
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India’s private lenders bet on corporate loan revival for growth
Indian banks report robust loan growth driven by corporate demand. Companies are shifting from expensive bond markets to cheaper bank borrowings. This trend is...
Foreign investors to use won overseas without accounts at Korean banks
Korea will establish an offshore won settlement system and ease foreign-exchange regulations under a road map to internationalize the Korean won, officials said...
Comparing Credit Agricole (OTCMKTS:CRARY) and UniCredit (OTCMKTS:UNCRY)
UniCredit (OTCMKTS:UNCRY – Get Free Report) and Credit Agricole (OTCMKTS:CRARY – Get Free Report) are both large-cap finance companies, but which is the better...
India's Private Lenders Bet On Corporate Loan Revival For Growth
At least six private banks reported robust loan growth in the three months to June, driven by corporate lending, as high bond yields make market funding less...
AGNC Investment (NASDAQ:AGNC) Stock Rating Lowered by Compass Point
AGNC Investment (NASDAQ:AGNC – Get Free Report) was downgraded by analysts at Compass Point from a “buy” rating to a “neutral” rating in a report released...
Gold Rate In India Crashes Rs 35,560 From Peak, Silver Rate Drops 44%; Key Factors On 24K, 22K, 18k Gold Ahead
Both gold and silver rates have recorded a steep decline from their peak levels in late January, with the 24-carat gold price in 10 grams crashing by Rs 35,560 and...
Warning Lights Flash Across Indonesia's Economy
A range of economic indicators is flashing warning signs for the Indonesian economy. Many problems persist, with no visible efforts to address them.
Chip boom puts Korea's per capita GDP within reach of $40,000
Korea’s per capita gross domestic product is on track for its largest increase in five years this year amid the global semiconductor boom, bringing the country...
JPMorgan Chase & Co. Reiterates Neutral Rating for AGNC Investment (NASDAQ:AGNC)
AGNC Investment (NASDAQ:AGNC – Get Free Report)‘s stock had its “neutral” rating restated by stock analysts at JPMorgan Chase & Co. in a research report...
Private banks see corporate loan demand rising as bond funding gets costly
Leading private lenders expect lending momentum to continue after strong June-quarter growth, with companies increasingly opting for bank loans over costlier bond...
Banks reopen credit taps to households after rare plummet
This was spurred by falling borrowing costs and a renewed appetite to grow retail loan books.