Friday, April 19, 2024

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11 top American banks rescue ‘vulnerable’ First Republic Bank with a contribution of $30 billion after the collapse of two banks

First Republic Bank underwent a liquidity crisis after customers moved billions of deposits out of the bank in distress.

RBI Governor announces new measures to ease financial distress amidst coronavirus lockdown

Quoting the IMF projection of 1.9% (GDP) growth, the RBI Governor said that India's growth would be the highest among the G20 countries

In a first, Central Govt planning to provide banking facilities to sex workers and human trafficking survivors

Economic exclusion of these sex workers from government and other formal financial institutions is both a cause and an effect of their occupation

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