balance sheet News

Fed's Strategic Move: Powell Outlines Plan to Shrink Balance Sheet for Economic Stability

Federal Reserve Chair Jerome Powell announces plans to shrink the central bank's balance sheet to ensure an ample supply of reserves and prevent inflationary pressures, with a focu...

Fed's Schmid Suggests Interest Rates May Be Approaching Long-Term Stability

Federal Reserve Bank of Kansas City President Jeff Schmid believes the Fed's interest rates are nearing their long-term level, advocating for a neutral policy stance and gradual ad...

IndusInd Bank Aims to Offload Rs 1.5k Crore in Microfinance NPAs to Strengthen Balance Sheet

IndusInd Bank is set to auction Rs 1,573 crore of non-performing microfinance loans to clean up its balance sheet, with a reserve price of Rs 85 crore. The bank's promoters have al...