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SBI's 1-year FD is offering lower interest rate than some banks' savings accounts

Apart from small finance banks, certain private banks are also offering higher interest rate on savings accounts. Banks offering higher interest rates on savings account comes with certain conditions.




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Paytm Payments Bank crosses Rs 600 crore in fixed deposits

"During this period of volatility in other asset classes, a large number of PPB bank account holders are moving their savings into fixed deposits during the ongoing lockdown," stated Paytm Payments Bank.




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Union Bank of India cuts MCLR by up to 15 bps across all tenors

Union Bank of India announced reduction in its MCLR up to 15 basis points across all tenors, effective May 11. Overnight MCLR has been reduced by 15 bps to 7.15 per cent from 7.30 per cent and one-month MCLR by 10 bps to 7.25 per cent.




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Donald Trump taps Indian-American lawyer as US representative to World Bank's lending arm IBRD

Ashok Michael Pinto, who has worked as a Special Assistant and Associate Counsel to former president George W Bush, was on Monday nominated as US Alternate Executive Director of IBRD for a term of two years.




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EPF withdrawal: How to check, change bank account details in your EPF account

It is important that your correct bank account with IFSC is linked to your Universal Account Number (UAN) to receive the credit of EPF funds timely.




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Donald Trump's temporary Green Card ban aims to 'turn off the faucet' of new immigrant labour: Report

President Donald Trump's executive order to temporarily halt issuance of green cards aims to "turn off the faucet" of new immigrant labour and is the beginning of a broader strategy to reduce the flow of foreigners into the US.




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Stocks in news: Yes Bank, SBI, Airtel and Infosys

Stocks in news: Yes Bank, SBI, Airtel and Infosys





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Axis Bank Q4 results: Net loss at Rs 1,388 cr on Covid-19 provisions

Axis Bank Q4 results: Net loss at Rs 1,388 cr on Covid-19 provisions





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ICICI Bank Q4 net profit rises 26% YoY to Rs 1,221 crore, misses Street estimates

ICICI Bank Q4 net profit rises 26% YoY to Rs 1,221 crore, misses Street estimates





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Sensex sheds 310 pts; Nifty ends below 9k; banking, financial stocks drag

Sensex sheds 310 pts; Nifty ends below 9k; banking, financial stocks drag





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Sensex zooms 986 pts on RBI booster, Nifty ends at 9,293; banking stocks rally

Sensex zooms 986 pts on RBI booster, Nifty ends at 9,293; banking stocks rally





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Sensex gains 59 points, Nifty ends flat; J&K Bank surges 20%

Sensex gains 59 points, Nifty ends flat; J&K Bank surges 20%





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Sensex falls 500 points, Nifty below 9,200; ICICI Bank declines 4%

Sensex falls 500 points, Nifty below 9,200; ICICI Bank declines 4%





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Sensex plummets 536 pts on weak global cues, Nifty ends below 9,200; bank, IT stocks top drags

Sensex plummets 536 pts on weak global cues, Nifty ends below 9,200; bank, IT stocks top drags





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Bank, FMCG stocks drag Sensex 262 points lower; Nifty barely holds above 9,200

Bank, FMCG stocks drag Sensex 262 points lower; Nifty barely holds above 9,200





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Sensex gains 232 pts, Nifty ends above 9,250; bank, auto stocks rally

Sensex gains 232 pts, Nifty ends above 9,250; bank, auto stocks rally





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Sensex surges 550 points, Nifty reclaims 9,350; IndusInd Bank, HUL jump 4% each

Sensex surges 550 points, Nifty reclaims 9,350; IndusInd Bank, HUL jump 4% each





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Insurance cover on bank deposits raised to Rs 5 lakh effective Tuesday

Insurance cover on bank deposits raised to Rs 5 lakh effective Tuesday





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Banking space to see more pain going forward: Siddhartha Khemka

Banking space to see more pain going forward: Siddhartha Khemka





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Beaten down banking and industrial stocks likely to outperform in near term: Taher Badshah

Beaten down banking and industrial stocks likely to outperform in near term: Taher Badshah





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Donald Trump administration working to temporarily ban work-based visas: Report

The H-1B is a non-immigrant visa that allows US companies to employ foreign workers from countries like India and China in speciality occupations that require theoretical or technical expertise.




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ICICI Bank Q4 net profit rises 26% YoY to Rs 1,221 crore, misses Street estimates

ICICI Bank Q4 net profit rises 26% YoY to Rs 1,221 crore, misses Street estimates





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Bandipora: Fake currency racket busted by J&K Police, 4 arrested

Bandipora: Fake currency racket busted by J&K Police, 4 arrested





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India to retain top position in remittances with $80 billion: World Bank

India is followed by China ($67 billion), Mexico and Philippines ($34 billion each), according to World Bank.




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India highest recipient of remittances at $79 bn in 2018: World Bank

India was followed by China (USD 67 billion), Mexico (USD 36 billion), the Philippines (USD 34 billion), and Egypt (USD 29 billion).




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Fino Payments Bank logs 80 per cent plunge in domestic remittances

The payments bank sees average monthly remittances of close to Rs 5,000 crore from daily wage earners working in various factories, construction sites, small businesses, plumbers, carpenters, cab drivers, among others.




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ICICI Bank Q4 results: Profit jumps 26% YoY to Rs 1,221 crore; provisions rise 9% YoY

Analysts in an ETNow poll had projected the number at Rs 3,000 crore.




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Discus thrower Sandeep Kumari gets 4-year ban for dope flunk

Not only Kumari's but samples of four other Indians, including 2017 Asian champion quarter-miler Nirmala Sheoran's had returned negative at NDTL but were found positive when tested in Montreal. Jhuma Khatun, one of them, was also handed a four-year ban, last month.




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RBI allows 24x7 forex mkt ops via select banks

select banks in India can offer forex rates to Indian clients beyond the inter-bank market hours




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Mukesh Ambani isn't letting a lockdown derail his plans of tech-domination

Mukesh Ambani just sealed three deals in as many weeks to raise a combined $8 billion. And he isn't done yet.




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Bank Hapoalim Agrees to Pay More Than $30 Million for Its Role in FIFA Money Laundering Conspiracy

Bank Hapoalim B.M. (BHBM), an Israeli bank with international operations, and its wholly owned subsidiary, Hapoalim (Switzerland) Ltd. (BHS), have agreed to forfeit $20,733,322 and pay a fine of $9,329,995 to resolve an investigation into their involvement in a money laundering conspiracy that fueled an international soccer bribery scheme.




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Owner of U.S. Navy Husbanding Services Provider Pleads Guilty to Conspiracy to Commit Bribery

The owner and Chief Executive Officer of a Republic of Korea–based company, DK Marine, that provided ship husbanding services to the U.S. Navy pleaded guilty today for his role in a bribery conspiracy.




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Assistant Attorney General Eric Dreiband Delivers Remarks at the Veterans Day Roundtable

Good afternoon and thank you for coming here today. My name is Eric Dreiband and I serve as the Assistant Attorney General for Civil Rights here at the U.S. Department of Justice.




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Founder of Russian Bank Charged with Tax Fraud

The founder of a Russian bank was arrested last week in London in connection with an indictment charging him with filing false tax returns, announced Principal Deputy Assistant Attorney General Richard E. Zuckerman of the Justice Department’s Tax Division, U.S. Attorney David L. Anderson for the Northern District of California, and Internal Revenue Service (IRS) Criminal Investigation, Special Agent in Charge Kareem Carter.  The Sept. 26, 2019, indictment was unsealed today. 




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Israel’s Largest Bank, Bank Hapoalim, Admits to Conspiring with U.S. Taxpayers to Hide Assets and Income in Offshore Accounts

Jeffrey A. Rosen, the Deputy Attorney General of the United States, Richard E. Zuckerman, the Principal Deputy Assistant Attorney General of the Justice Department’s Tax Division, Geoffrey S. Berman, the United States Attorney for the Southern District of New York, and Don Fort, the Chief of the Internal Revenue Service, Criminal Investigation (IRS-CI), announced today the guilty plea of Bank Hapoalim (Switzerland) Ltd. and filing of criminal charges against Bank Hapoalim B.M. for conspiring with U.S. taxpayers and others to hide more than $7.6 billion in more than 5,500 secret Swiss and Israeli bank accounts and the income generated in these accounts from the Internal Revenue Service (the IRS).  BHS’s Chief Executive Officer appeared on behalf of the bank to enter the guilty plea before U.S. District Judge Mary Kay Vyskocil.




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Statement from Assistant Attorney General Makan Delrahim on Sabre and Farelogix Decision to Abandon Merger

Sabre Corporation and Farelogix, Inc. announced today the termination of their merger agreement.




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Justice Department Requires Divestitures as Dean Foods Sells Fluid Milk Processing Plants to DFA out of Bankruptcy

The Department of Justice announced today the conclusion of its investigation into proposed acquisitions by Dairy Farmers of America Inc. (DFA) and Prairie Farms Dairy Inc. (Prairie Farms) of fluid milk processing plants from Dean Foods Company (Dean) out of bankruptcy.  The department’s investigation was conducted against the backdrop of unprecedented challenges in the dairy industry, with the two largest fluid milk processors in the U.S., Dean and Borden Dairy Company, in bankruptcy, and Dean faced with imminent liquidation.




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The Xpressbet Weekend Bankroll: Winter Blast

Snowed in? S'no problem. For those in the path of winter storm Jonas, as long as you've got electricity and Internet access (or even a cellphone signal and a smartphone), this is a great weekend to stay indoors and play some races. When this was written on Friday, there was some uncertainty about which tracks […]

The post The Xpressbet Weekend Bankroll: Winter Blast appeared first on Horse Racing News | Paulick Report.




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The Xpressbet Weekend Bankroll: Time To Begin Dreaming Of Roses

The calendar says late January but it's now less than 100 days until the Kentucky Derby at Churchill Downs on May 7 and it's time to start thinking about springtime and roses. The Kentucky Derby points races get a lot more serious in three weeks with the Grade 2 Risen Star at Louisiana Downs the […]

The post The Xpressbet Weekend Bankroll: Time To Begin Dreaming Of Roses appeared first on Horse Racing News | Paulick Report.




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The Xpressbet Weekend Bankroll: Happy Returns

Another big weekend of racing is upon us as we roll into February. The year's first two Grade 1 races are coming up at Gulfstream Park on Saturday, and some fan favorites will make their season debuts on opposite coasts. A tough field of seasoned runners have lined up to contest the G1 Donn Handicap, and […]

The post The Xpressbet Weekend Bankroll: Happy Returns appeared first on Horse Racing News | Paulick Report.




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The Xpressbet Weekend Bankroll: May The Road Rise

The Road to the Kentucky Derby is about to ramp up in a significant way, starting with this long holiday weekend. The schedule features the final two 10-point prep races before the stakes climb to 50 points for the winners, but also on tap are a couple of non-point events that are must-see viewing for […]

The post The Xpressbet Weekend Bankroll: May The Road Rise appeared first on Horse Racing News | Paulick Report.




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The Xpressbet Weekend Bankroll: The Championship Series Begins

Saturday's Grade 2 Risen Star Stakes is the first of 16 prep races that comprise the Kentucky Derby Championship Series – the stretch run, if you will, to the May 7 Derby. The Risen Star winner will be awarded 50 points, and based on recent history, that will secure a spot in the starting gates at Churchill Downs. […]

The post The Xpressbet Weekend Bankroll: The Championship Series Begins appeared first on Horse Racing News | Paulick Report.




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The Xpressbet Weekend Bankroll: Youth Springs Eternal

Saturday's Grade 2 Xpressbet.com Fountain of Youth Stakes brings up the highly anticipated matchup of three undefeated colts on the Kentucky Derby trail: Mohaymen, Awesome Banner, and Zulu. The Xpressbet.com Fountain of Youth winner will receive 50 points, which likely guarantees a spot in the starting gate on May 7 at Churchill Downs. Trainer Kiaran […]

The post The Xpressbet Weekend Bankroll: Youth Springs Eternal appeared first on Horse Racing News | Paulick Report.




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The Xpressbet Weekend Bankroll: Off To Gotham City

Saturday's Grade 3 Gotham Stakes at Aqueduct is the third race worth 50 points to the winner on the Road to the Kentucky Derby, as well as the traditional New York prep for next month's G1 Wood Memorial. Currently in the Shadwell Stable shadow of top dog Mohaymen, Shagaf, unbeaten in two starts for trainer […]

The post The Xpressbet Weekend Bankroll: Off To Gotham City appeared first on Horse Racing News | Paulick Report.




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The Xpressbet Weekend Bankroll: The Time Is Now

An exciting lineup of racing greets fans this Saturday: a couple of Grade 1 races are on the card at Santa Anita and a pair of Kentucky Derby prep races each feature a strong lineup. With just eight weeks left to the big race, these sophomore hopefuls need to showcase their abilities soon or risk […]

The post The Xpressbet Weekend Bankroll: The Time Is Now appeared first on Horse Racing News | Paulick Report.




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The Xpressbet Weekend Bankroll: Rebel Circus

All eyes will be on Oaklawn Park this Saturday as a competitive field of 14 gets set to tackle the Grade 2 Rebel Stakes. The $900,000 race, won by Triple Crown Champion American Pharoah last year, offers 50 points to the winner on the Road to the Kentucky Derby. Also on Oaklawn's 11-race card are […]

The post The Xpressbet Weekend Bankroll: Rebel Circus appeared first on Horse Racing News | Paulick Report.




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The Xpressbet Weekend Bankroll: Decisions, Decisions

For handicappers, it doesn't get much better than Saturday's feast of wagering opportunities, but bettors will have a long, challenging day choosing where the bankroll should be distributed. How big do you wanna go at breakfast with those juicy betting races from Dubai? Then, a half-hour after the World Cup goes off, things keep rolling with […]

The post The Xpressbet Weekend Bankroll: Decisions, Decisions appeared first on Horse Racing News | Paulick Report.




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BuzzFeed News: The J.Crew Bankruptcy Has Exposed A Hard Truth About The Influencer Economy

BuzzFeed News: The J.Crew Bankruptcy Has Exposed A Hard Truth About The Influencer Economy. “The news this week that the parent company of beloved preppy brand J.Crew and its hip millennial sister, Madewell, had filed for bankruptcy led to an outpouring of sadness from fans across social media. It also led to a stark revelation … Continue reading BuzzFeed News: The J.Crew Bankruptcy Has Exposed A Hard Truth About The Influencer Economy




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Missouri Senate Passes Bill To Ban Abortions At 8 Weeks

Missouri’s Republican-led Senate passed a bill to ban abortions at eight weeks of pregnancy.




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Is my money safe in a bank during the COVID-19 crisis?

Bank runs should not be a concern, thanks to the system that protects your deposits.