Axis Bank reported a weaker first-quarter performance, with net profit dropping 4% year-on-year and 18% sequentially to ₹5,806 crore, mainly due to elevated retail unsecured slippages and a shift in ...

U.S. banks are sorted into different regulatory regimes based on asset-size thresholds determined in another era. Those classifications need to be recalibrated and indexed to inflation, writes Gene ...

EU regulators introduce standardized crypto-asset classification under MiCA with a new test and guidelines to ensure uniformity across the market as regulations begin to come into play.