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Latest News | US Bank Crisis: Banking Sector MFs Lost 6 Pc in a Week

Get latest articles and stories on Latest News at LatestLY. Banking mutual funds have lost up to 6 per cent in the last week following the collapse of Silicon Valley Bank and Signature Bank that dented investors sentiment in the banking and financial services space.
Latest News | US Bank Crisis: Banking Sector MFs Lost 6 Pc in a Week. ....

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Trouble in Credit Suisse unlikely to impact India's banking system: Experts

Indias banking system is expected to remain unscathed from the troubles in Credit Suisse as it has a very small presence in the country, experts said.Although Credit Suisse is more relevant to Indias financial system than Silicon Valley Bank SVB, it has very limited operations, according to a report by Jefferies India.The Switzerland-based bank, the report said, has less than Rs 20,000 crore in assets 12th among foreign banks, presence in the derivatives market and funded 60 per cent of assets from borrowings, of which 96 per cent are up to two months. ....

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