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Economic & Finance

Indian Economy Outshines Global Headwinds: Insight from RBI Governor Shaktikanta Das

Despite heightened uncertainties and formidable headwinds, RBI Reserve Bank Governor Shaktikanta Das said Wednesday that the Indian economy has made a solid recovery and is among the fastest-growing large economies. All stakeholders in the financial system must work to maintain financial stability at all times, he said. Despite potential and emerging challenges, the Reserve Bank

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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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