The dollar slipped on Friday as risk sentiment improved after authorities and banks moved to ease stress on the financial system in major markets. This calmed the markets and allowed for the Aussie and kiwi to rise. The $30 billion rescue package put together by top power brokers from the U.S. Treasury, Federal Reserve, and banks followed Credit Suisse’s announcement earlier on Thursday that it would borrow up to $54 billion from the Swiss National Bank. This implosion of U.S.
Axis Bank expands corporate play beyond loans, shuns price war
Axis Bank is broadening its corporate banking services beyond just lending. The lender targets fee income and low-cost deposits from corporate ecosystems. It handles collections,
August 18, 2026