Republicans are considering doing away with one of Wall Street’s favorite tax breaks at the encouragement of President Trump, ...

Rising interest rates have been a double-edged sword. While they’ve been tough on borrowers, savers have seen a significant ...

Bank of America's retail banking head, Holly O'Neil, has projected a record net interest income (NII) for the year 2025. The bank anticipates a growth rate of 6% to 7%, with the consumer sector ...

Bank of America expects record net interest income in 2025, the head of its retail banking unit said on Tuesday.

Chief Financial Officer Jeremy Barnum said Tuesday the mid-year trough narrative regarding the bank's net interest income "is ...

3. CIT (A) deleted the addition holding that the discount paid by the assessee to CFSA cannot be held to be interest and therefore, provisions of Section 40 (a) (i) of the Act would not apply.

The Union Budget 2025 introduces a series of measures aimed at enhancing the competitiveness and attractiveness of units in International Financial Services Centres (IFSC), with a particular focus on ...

To foster a more competitive and favourable investment environment for funds and family offices, the Financial Services and Treasury Bureau issued ...

The market has become more uncertain. This creates a fresh set of risks, but also new opportunities. Check out 2 strategic ...

During the quarter under review, profit came at Rs 16,891 crore. Net interest income (NII) for Q3 FY25 increased by 4.09 per ...