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Banking & Insurance Economic & Finance

What Does First Citizens Bank’s Acquisition of Silicon Valley Bridge Bank Mean for Customers?

A purchase agreement was entered into between First Citizens Bank and Trust Company of Raleigh, North Carolina and Silicon Valley Bridge Bank, National Association, according to the US Federal Deposit Insurance Corporation (FDIC). In a major development in the on-going US banking crisis, First Citizens has acquired Silicon Valley Bank (SVB). As per updates, the […]

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Banking & Insurance Commodities & Currency Cryptocurrency Digital Money Economic & Finance Market Overview

The Indian banking sector is well regulated and well supervised: RBI Governor

Shaktikanta Das, the governor of the Reserve Bank of India(RBI), gave the country’s banking system a thumbs-up, stressing the importance of banking sector regulation and supervision in light of recent developments in the US. “India has a well-regulated and well-supervised banking sector. The same would apply to the NBFC sector and other financial entities under […]

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Fintech

Fintech Startups Increasing Rapidly for Banking

The fintech industry is on the ascent. From various perspectives, it has dominated classic banking, totally taking over activities customarily held for banks and financial institutions. There is a large number of reasons behind this crawling takeover.  Financial juggernauts such as big banks are frequently easing back to actualize technical advances because of bureaucracy and […]

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