This came nearly three days after the shares of Credit Suisse sank over 30% after its biggest shareholder — the Saudi National Bank — announced it would not provide more money to the Swiss lender.
Following the demonetisation of 500 and 1000 rupee notes worth over Rs 14 lakh crore, new notes worth only Rs 1.5 lakh crore have come into circulation so far.
India’s one per cent of richest population now hold 58.4 per cent of country’s entire wealth, according to a report by the Credit Suisse Research Institute.
India's household wealth has fallen by USD 26 billion (Rs 1.7 lakh crore) to USD 3 trillion (over Rs 200 lakh crore) in the current year, a research report by global financial services major Credit Suisse has found
New Delhi: Consumer optimism in India has seen a sharp turnaround and the country has been ranked first among nine nations surveyed by Credit Suisse, thanks to a stable government and easing inflationary pressures.According to
New Delhi: HDFC Bank is the lone Indian entity among the world's 50 most valued lenders in 2014 with a market capitalisation of close to $41 billion (around Rs 2.5 lakh crore at 1 dollar
New Delhi: Getting a good well paid job in a bank of repute is always considered to be an asset. The banking industry offers challenging and lucrative career opportunities to those who are willing to
New Delhi, June 23: Wholesale Price Index-based inflation is likely to slide to as much as 3.5 per cent in September, says financial services firm Credit Suisse. The country's WPI inflation fell to 4.7 per
New Delhi, Jan 11: Credit Suisse has lowered India's growth forecast for the current fiscal to 5.7 per cent, but said the economy has bottomed and will see a moderate recovery during 2013."We have made
Mumbai, Dec 6: Credit Suisse has lowered India's economic growth forecast marginally to 5.9 per cent from 6 percent for the fiscal year ending March.The investment bank also reduced its growth forecast for FY14 to
Mumbai, Jul 12: Switzerland-based bank Credit Suisse today said it expects the Bombay Stock Exchange's 30-stock barometer Sensex to touch the 22,000 mark in 12 months. “The consensus from the industry is that the Sensex
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