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IndusInd Bank Limited is an Indian banking and financial services company with its headquarters in Mumbai, Maharashtra. [7] It was inaugurated in April 1994 by then Union Finance Minister Manmohan Singh .
Modern banking in India originated in the mid of 18th century. Among the first banks were the Bank of Hindustan, which was established in 1770 and liquidated in 1829–32; and the General Bank of India, established in 1786 but failed in 1791.
On 16 March 2020, Sensex plunged by 2,713.41 points (around 8%), the second worst fall in its history. On the other hand, Nifty ended below 9200–mark at 9,197.40 due to global economic recession. [42] However, the Sensex continued to fall straight for four–continuous days till 19 March 2020, losing 5815 points during the period.
The deposit outflow forced SVB to sell assets and take a $1.8 billion loss, a move the bank made “because we expect continued higher interest rates, pressured public and private markets, and ...
There were other plans by the United Forum of Bank Unions (UFBU), representing about 1.3 million bank employees in India, to meet in Delhi and to work out a plan of action in the wake of the Narasimham Committee report on banking reforms. The committee was also criticized in some quarters as "anti-poor".
Shares of Zoetis (NYSE: ZTS), the leading animal pharmaceutical company, were sliding today after its 2025 guidance came up short in its fourth quarter. Zoetis' revenue rose 5% in the quarter to ...
AMD's (NASDAQ: AMD) data center growth failed to impress investors. *Stock prices used were the afternoon prices of Feb. 3, 2025. The video was published on Feb. 5, 2025. Before you buy stock in ...
This was the second worst single-day fall in the history, where the investors lost ₹6.50 lakh crores ($91 billion). [citation needed] While on 12 March 2020, the index plunged down by 2919.26 points, the second–worst fall in the history, ending in red to a 33-month low at 32,778.14. The fall wiped off ₹11.2 lakh crores wealth ($160 billion).