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Новости за 11.03.2023

Silicon Valley Bank: How A Bank Fails

Forbes.com 

Silicon Valley Bank was shut down by regulators on Friday, March 10, in the largest bank failure since 2008. It appears that asset-liability mismatch was behind the bank’s problems.

IOB set to recover 40% of education loan on sale to Reliance ARC

Economictimes.indiatimes.com 

Anil Ambani-owned Reliance Capital - the parent company of Reliance ARC - is undergoing insolvency proceedings with Torrent Investments and Hinduja Group in the fray to acquire the financial services company. Reliance ARC is among 20 Reliance Capital subsidiaries that would be sold under the corporate insolvency process.



Gujarat Assembly Passes Resolution Against BBC Documentary

Zee News (zeenews.india.com) 

The BBC had in January this year released the documentary film titled 'India: The Modi Question," which features the Gujarat riots of 2002. The film caused controversy for alluding to the leadership of Modi as chief minister during the riots while disregarding the clean chit given by the Supreme Court.

Biden, EU Chief Downplay Differences Over US Climate Subsidies

Voice of America 

U.S. President Joe Biden and European Commission President Ursula von der Leyen on Friday sought to minimize differences over a Washington plans to subsidize American companies — a concept that has frustrated many in Europe. White House Bureau Chief Patsy Widakuswara reports.

Nilesh Rathod is new Vadodara mayor for next six months

«The Times of India» (indiatimes.com) 

The BJP picked up Nilesh Rathod, a corporator from Tarsali and a member of the standing committee of the Vadodara Municipal Corporation (VMC), as the city mayor for the next six months. Sayajigunj MLA Keyur Rokadiya’s resignation from the post of mayor was cleared by the general board of the civic body on Friday.





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