On Tuesday, Finance Minister Nirmala Sitharaman presented the Annual Financial Statement before the Lok Sabha. Financial assistance for Andra Pradesh Recognising Andhra Pradesh’s need for capital, the Union government will facilitate special financial support through multi-lateral development agencies. Employment and Skill development As part of the Prime Minister’s package, the Finance Minister announced that the Union government will implement three …
HSBC was hit with the second largest fine ever imposed by the financial stability watchdog on Tuesday after it mistakenly excluded billions of pounds of customer deposits from a key compensation scheme. The Bank of England’s Prudential Regulation Authority, which keeps Britain’s finance system on an even keel, fined HSBC £57.4m for failing to flag thousands of customers accounts as …
For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK’s financial sector could …