RBI gives in-principle nod to Shivalik Mercantile to convert to SFB

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RBI gives in-principle nod to Shivalik Mercantile to convert to SFB

MUMBAI : The Reserve Bank of India (RBI) on Monday granted in-principle approval to Uttar Pradesh-based Shivalik Mercantile Co-operative Bank Ltd to convert to a small finance bank (SFB), becoming the first urban cooperative bank (UCB) to make the …
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Borden Dairy files for bankruptcy amid debt load, head winds facing milk producers

Borden Dairy Co. filed for bankruptcy, becoming the second major milk producer in as many months to seek Chapter 11 protection. Chief executive Tony Sarsam said the company’s debt burden, coupled with industry head winds, left Borden with few options.
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'Gold, gold, gold, gold' — CNBC host Jim Cramer says stocks should have been down a lot more to start the week

‘Why aren’t the futures down more? They should be. I think they should be because we haven’t see what promises to be retaliation?’ That’s CNBC “Mad Money” host Jim Cramer scratching his head over the short-lived premarket selloff on Monday.
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Lyft's Good-Guy Image Tainted by Sexual Assault Lawsuits

NEW YORK — For years , Lyft has been the good guy of ride-hailing. In early days, its cars were adorned with whimsical pink mustaches. Its founders talked about improving peoples’ lives by reducing individual car ownership. And while Uber drivers grabbed …
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Denver Residents 26th Most Likely In US To Keep Resolutions

WalletHub compared more than 180 U.S. cities to see which residents are likelier to keep New Year’s pledges. By Amber Fisher, Patch Staff. Jan 6, 2020 11:20 am MT. Reply. 0. San Diego, California, is the best place in the United States to keep your New …
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