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You Searched For "financial sector stress" and got 20 results


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5 mins read

School's out, and parents' financial stress is in

Summer can be a money pit for parents scrambling to keep their kids entertained in July and August.

Dan DeFrancesco   


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3 mins read

Time to push divestment of state-owned banks, says SBI report

With regard to the privatisation of IDBI Bank, it said the government and Life Insurance Corporatio…

PTI   


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3 mins read

Budget 2024: More affordable housing, lowered rent TDS — here’s what will change for the housing sector this year

Union Budget 2024 delivers massive boost with 3 crore affordable houses and tax cuts. Here's all th…

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2 mins read

Household savings are choosing mutual funds over banks to invest savings: RBI Governor

The households are choosing the capital markets over the banks to park or invest their savings, hig…

ANI   


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2 mins read

Banks' gross NPAs at 12-yr low, may fall further to 2.5%: RBI report

Among bank groups, public sector banks (PSBs) recorded a substantial reduction (76 bps) in their GN…

PTI   


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1 min read

China is merging hundreds of small banks to fend off financial stress

2,100 banks could be affected as China looks to curb the bad loan environment of its rural communit…

Filip De Mott   


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6 mins read

Mutual funds stress test: What it means for you

Over the past two years, several mid- and smallcap schemes have been launched by asset management c…

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3 mins read

Amid growing political uncertainty in Pakistan, IMF expresses concern over its financial stability

The IMF noted that despite a coalition government formed by the alliance of Pakistan Muslim League-…

ANI   


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1 min read

Indian banks' credit profiles well placed to weather global banking sector stress: Moody's

The credit quality of Indian banks and non-bank financial institutions will remain resilient despit…

ANI   


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2 mins read

RBI governor asks realty companies to stress test their books

The governor of Reserve Bank of India (RBI) Shatikanta Das said on Wednesday that the recent measur…

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1 min read

RBI to act early to prevent any risk to India's fastest growth potential: Guv Shaktikanta Das

Reserve Bank Governor Shaktikanta Das on Thursday said India is one of the fastest growing major e…

PTI   


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2 mins read

The banking crisis risks severe spillover across the financial sector and beyond, Moody's says

Strategists at the ratings agency warned that, even though policymakers responded to the bank turmo…

Phil Rosen   


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3 mins read

The new normal: Emergency funds to cover six months of expenses not enough anymore say financial planners

The experience during the pandemic changed us in several ways. We realised the importance of health…

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5 mins read

SVB: What the worst bank failure since 2008 means for markets, the financial sector, and interest rates

Silicon Valley Bank's sudden death has implications for the stock market, the US banking system and…

Zahra Tayeb   


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1 min read

China is facing the US financial crisis 'on steroids' as the real estate market collapses, famed hedge fund boss says

"The basic architecture of the Chinese economy is broken," Hayman Capital founder Kyle Bass told CN…

Filip De Mott   


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1 min read

US stocks rise as tech sector leads rally amid high hopes for Nvidia earnings

Stocks looked to break out of the August slump as investors gear up for Nvidia earnings and the Fed…

Filip De Mott   


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4 mins read

A turbulent few years for stocks has led to a boom in therapy services for stressed out traders

Wall Street pros and day traders alike are suffering from higher rates of depression, anxiety, and …

Jennifer Sor   


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1 min read

Chinese developers jump after central bank pledges more support for embattled property sector

New PBOC governor Pan Gongsheng met Thursday with eight of China's biggest developers including Cou…

Joseph Wilkins   


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3 mins read

Public sector bank profits grew 3x in 9 years says Sitharaman

According to Finance Minister Nirmala Sitharaman, the profit of public sector banks (PSBs) in India…

PTI   


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2 mins read

US corporate debt defaults surge 176% as the Fed's war on inflation pushes more companies into financial distress

As many as 69 American firms defaulted on their debt during the first eight months of the year, mar…

Joseph Wilkins