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IndusInd Bank has participated in various sports-related initiatives through its non-banking division, IndusInd For Sports. In August 2024, the bank formed a partnership with the Paralympic Committee of India to serve as the Official Banking Partner for the Paris 2024 Paralympic Games, which were held from August 28 to September 8 in Paris ...
By 2000, the World Commission on Dams, a study group co-sponsored by the World Bank, put the figure at more than 200,000. Current estimates from NGOs monitoring the project indicate more than 250,000 will be impacted by the dam, which is in now in its final stages of construction.
The European Central Bank raised rates 10 consecutive times during the same period. [5] In the first two quarters of 2022, U.S. gross domestic product (GDP) posted its first two declines since the COVID-19 recession; decreasing at an annual rate of 1.6% in the first quarter of 2022 and a 0.9% annual rate in the second quarter. [6]
De-banking, more commonly spelled debanking, also known within the banking industry as de-risking, is the closure of people's or organizations' bank accounts by banks that perceive the account holders to pose a financial, legal, regulatory, or reputational risk to the bank.
The World Bank has regularly failed to live up to its own policies for protecting people harmed by projects it finances. The World Bank and its private-sector lending arm, the International Finance Corp., have financed governments and companies accused of human rights violations such as rape, murder and torture.
The boss of the nation's sixth-largest lender is making it clear that his bank needs to get even bigger in the wake of the industry's 2023 crisis. Why one giant regional bank no longer wants to be ...
Why do we need it? Government-backed deposit insurance was created in 1933, right around the time of the Great Depression when bank runs were rampant: About 40% of US banks went under between 1929 ...
One half of the country is experiencing the banking turmoil of 2023 quite differently than the other half. Three of the four banks that collapsed so far this year were in one state: California.