cash crunch

A cash crunch is persisting in India, pushing short-term borrowing costs above a key policy interest rate and posing risks to an economy that needs cheaper funding to sustain its recovery. After a surge in recent weeks, the weighted average…

A cash crunch driven surge in funding costs in Indian money market to a five-week high may deter the nation’s central bank from hiking benchmark policy rates.   The weighted average call rate, an overnight funding cost rate the…

Two of the top chiefs of a bank that collapsed on Friday – the biggest bank Failure in the US for 15 years – dumped millions of dollars worth of stock just two weeks before the firm collapsed Friday, records show.Silicon Valley Bank CEO…

A former employee at a collapsed construction firm claims she hasn’t been paid superannuation for months, while an teenage administration trainee was left to manage building projects as massive staff turnover gutted the company. At the…