RBI Flags Concern Over Illegal Accounts

'We found certain banks having lakhs of such accounts with apparently no valid reason.' Photograph: Francis Mascarenhas/Reuters   The Reserve Bank of India is alarmed that some banks have......

Gold: Little sparkle for financiers despite tailwinds

Gold prices hit record high in the third week of March as fears of bank collapses and high inflation led investors to the traditional safe haven. Photograph: Leonhard Foeger/Reuters Gold prices......

Loan moratorium: SC verdict on refund won't hit banks

Yes Securities, the broking and investment arm of Yes Bank, on Wednesday said the Supreme Court directive on loan moratorium due to pandemic has brought the much needed clarity and there will not......

Domestic warehousing struggles with reduced staff

JNPT, the country’s largest container port, would soon move into congestion if cargo does not get lifted by importers in the next few days. The domestic warehousing industry is facing......