BW Communities

Articles for Banking & Finance

Citi Fined $79 Mn By UK Regulators Over 'Fat-finger' Failures

In May 2022 Citi caused a sharp fall in European stocks

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IRDAI Circular Mandates Disclosure Of Insurance Claims Status

While the circular takes immediate effect, insurance companies have until 30 June 2024, to comply with its provisions outlined across 70 pages

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Low Volatility Index Funds: Your Friend During Market Volatility?

Upon analysing the performance of the Nifty 100 Low Volatility 30 Index across different market cycles, it can be noted that typically it outperforms the broader index during bear market periods

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New Co-Lending Partners Possible For Indel Money By End Of Sept

CEO and Executive Director Umesh Mohanan stated that the new partners are expected to join by the end of the current or early next quarter, noting the time required for setup and parameter establishment

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Rs 35,000 Average Monthly Salary In Metro Cities: Report

Hyderabad has the highest personal monthly income at Rs 44,000

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Bank of America Challenges IRS Victory In $163 Mn Bank Merger Tax Dispute

In a recent filing with the Richmond-based 4th U.S. Circuit Court of Appeals, Bank of America argued that a pivotal federal tax provision was essentially "rewritten" by a judge who largely dismissed the case last year

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In The Presence Of Greatness And Totally Oblivious Of It!

N Vaghul will always remembered for his contributions to the banking industry

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Laid Off? Here Is How To Financially Navigate The Tough Times

Cutting down your expenses, looking for alternative sources of income and digging into your debt investments will help you survive the difficult times post a layoff

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