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RBI imposes monetary penalties on 3 financial institutions for regulatory non-compliance
The Reserve Bank of India (RBI) has imposed monetary penalties on Ujjivan Small Finance Bank Limited, The Nainital Bank Limited, and Shriram Finance Limited...
RBI has superseded the board of directors of New India Cooperative Bank Ltd., Mumbai
The RBI has today superseded the Board of Directors of New India Cooperative Bank Ltd., Mumbai, for a period of 12 months. Consequently, the...
Nifty 50: 88% chance of a rebound next week, Siddhesh Mehta, research analyst, SAMCO Securities
Recent reports indicate that India's Nifty 50 index may be poised for a rebound next week. Derivatives data suggests a potential relief rally, with...
Bank of Montreal (BMO) quietly invests $150M in bitcoin ETFs as institutional interest grows
The Bank of Montreal (BMO), Canada’s third-largest bank by assets, discreetly acquired around $150 million worth of spot Bitcoin exchange-traded funds (ETFs). This investment...
U.S. inflation rises to 3% in January 2025, surpassing expectations
In January 2025, U.S. inflation saw an unexpected rise, with the annual rate increasing to 3% from December’s 2.9%, according to the Bureau of...
Texas strategic bitcoin reserve act advances in legislature
The Texas Strategic Bitcoin Reserve Act was read on Feb. 7 and referred to the Senate Finance Committee for review. Introduced by Senator Charles...
RBI lifts supervisory restrictions on Kotak Mahindra bank
The Reserve Bank of India (RBI) has removed the supervisory restrictions on Kotak Mahindra Bank, allowing it to resume onboarding new customers via online...
Mutual fund industry witnesses growth in January 2025: AMFI Data
The Association of Mutual Funds in India (AMFI) has released the latest figures for January 2025, highlighting steady growth in the mutual fund industry....
Intellect expands sales leadership with the appointment of John Owen as president for the western hemisphere to drive eMACH.ai growth
Intellect Design Arena Ltd, a global leader in first-principle-based enterprise-grade financial technology, has strengthened its Global Sales Leadership by appointing John Owen as President for the Western Hemisphere (Americas, Europe, and the UK).In his new role, John Owen will lead...
Ant International opens first Middle East office in Saudi Arabia in drive to expand regional partnership
Ant International, a leading global digital payment, digitisation and financial technology provider, has opened a new office location in the central business district of...
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Indian mutual fund industry sees steady growth in January 2026, crosses ₹81 lakh crore AUM milestone
The Indian mutual fund industry sustained its growth trajectory in January 2026, with the Net Assets Under Management (AUM) climbing to ₹ 81.01 lakh crore,...
Exito Media Concepts announces the 44th edition of the enterprise Tech Summit – Saudi Arabia 2026
Saudi Arabia is undergoing a defining phase in its digital transformation journey, powered by rapid advancements in AI adoption, cloud modernization, smart governance, and...
Carlyle to invest ₹2,100 Cr in Edelweiss’ Nido Home Finance
Edelweiss Financial Services Limited (Edelweiss) and global investment firm The Carlyle Group (NASDAQ: CG) today announced that investment funds affiliated with Carlyle will acquire...
Exito Media Concepts presents the 31st edition of the future industry summit – Saudi Arabia 2026
Saudi Arabia’s manufacturing sector is entering a pivotal phase of transformation, driven by rapid advancements in smart factory technologies, AI-led automation, industrial IoT, robotics,...