Stay updated with breaking news from Asset Liability. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Daniel B. “Dan” Brown, 64, of Mifflintown, passed away at 9:36 p.m. Friday, Sept. 15, 2023. Born on June 9, 1959, in Lewistown, Mifflin County, he was the son of the late R. Bradford Jr. and Barbara Jo (Heck) Brown. On Oct. 20, 1990, he married his wife, Kathy J. (Parson) Brown, with whom he […]
Director, Head of Asset & Liability Management
Chairing a meeting to review the performance of PSBs on various financial health parameters for FY23, the finance minister advised banks to ensure an increase in rural, agriculture and sectoral credit in order to meet PSL norms.
Non-Banking Financial Companies (NBFCs) have seen increased optimism in their stocks due to expectations of interest rate cuts and peaking government bond yields. NBFCs, which rely on bank borrowings and non-convertible debentures (NCDs), benefit from a changing rate environment, especially those with a higher share of floating rates. The recent decline in government bond yields indicates market expectations of a dovish stance by the RBI. Additionally, the competition in the wholesale borrowing market is expected to ease after the HDFC Bank and HDFC Ltd merger. However, factors such as credit ...
After seventeen years of extraordinary leadership as Board Chairperson, Lawrence Koppelman, a founder of the Bank has assumed a board member-at-large position with the Company and Bank. Mr. Koppelman will continue to serve as a member of the Compensation and Asset Liability committees of the Board, and the Company will continue to benefit from his over