Gold set for biggest weekly fall in 3 years as Fed rate-cut bets ease

November 16, 2024

Gold prices were heading for their most significant weekly drop in over three years as the dollar strengthened due to expectations of less aggressive interest rate cuts by the U.S. Federal Reserve. This rise in the dollar made gold less appealing to investors holding other currencies.

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Ujjivan Small Finance Bank CEO & MD Sanjeev Nautiyal steps down on health grounds

Ujjivan Small Finance Bank’s MD and CEO has resigned citing health reasons. The board accepted the early retirement and appointed Carol Furtado as interim head.

September 2, 2026

Indian banks slash FCNR deposit rates by up to 310 basis points

Indian banks have lowered interest rates on foreign-currency deposits significantly. This action follows the closure of the Reserve Bank of India’s special swap window. Banks

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