President Donald Trump’s recent executive order has turned the post-Christmas slump into an official extension of the holiday season, designating Friday, Dec. 26, as a federal holiday. While his directive has effectively shuttered federal offices for a rare five-day weekend, the rest of the economy is operating in a state of partial suspension, leading to…
Indian banks find themselves in a delicate position following the Reserve Bank of India’s (RBI) 25-basis point rate cut. While they need to lower deposit rates to protect net interest margins (NIMs), they also have to mobilise deposits to fund credit growth, which is picking up in the economy and is expected to remain…
premium The official added that the government has plans to list at least five RRBs in the next two financial years, of which three may be listed in FY27 3 min read Last Updated : Dec 18 2025 | 12:26 AM IST The Ministry of Finance has asked three regional rural banks (RRBs) to…
Slope, a lending startup that uses artificial intelligence to vet businesses, is partnering with Amazon starting Tuesday to provide a reusable line of credit to Amazon sellers, backed by a JPMorgan Chase credit facility, the company told CNBC exclusively. The new relationship means eligible U.S. Amazon vendors can apply for and access capital directly through…