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Permissionless Blockchain with Global Regulators:Circle Promotes
Blockchain
Last week, Circle submitted its response to the Basel Committee on Banking Supervision’s proposed standard governing crypto assets. The Basel Committee plays a critical...
Online Insurance Nightmare: Survey Reveals 61% Trapped in Non-Cancelable Policies
Online Insurance Nightmare
A recent survey by LocalCircles, a consumer advocacy group in India, has exposed the widespread use of deceptive practices, known as "dark...
Gold loan NBFCs remain unaffected by the cash disbursal cap, but analysts anticipate an increase in operating expenses.
Gold loan NBFCs remain unaffected
Gold loan NBFCs have indicated that the RBI directive capping cash loan disbursements at ₹20,000 will have minimal impact, as...
RBI Deputy Governor Sounds Alarm Over ARCs’ Supervisory Issues
RBI Deputy Governor Raises Supervisory Concerns
The Reserve Bank of India (RBI) has identified several supervisory concerns in the functioning of asset reconstruction companies (ARCs),...
Circle Completes SOC 2 Type 2 Cybersecurity Audit
Circle Cyber Security Audit
Circle marked a significant compliance milestone this month by completing a System and Organization Controls (SOC) 2 Type 2 security audit...
ABB expands electrification portfolio with acquisition of Siemens’ Wiring Accessories business in China
ABB Acquires Siemens' Wiring Accessories Business in China:
ABB is a technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. The...
CII Annual session:Leverage opportunities at national and global level through government-industry partnerships said Nirmala Sitharaman
CII Annual session
The government looks towards forging partnerships with the private sector to take a winning leap forward to realize the goal of emerging...
Insurance news: Approximately 700 surety bonds valued at ₹3,000 crore have been issued by insurance companies
Insurance news:
Approximately 700 insurance surety bonds valued at around ₹3,000 crore have been issued by various insurance companies to date, an official statement said...
RBI Empowers Positive Decrease in Government Treasury Bill Auction Volume
RBI Reduces Government Treasury Auctions:
Amid tight liquidity conditions, the central bank has announced a significant reduction in government treasury bill sales and introduced new...
Bandhan Bank Q4 Results: Net profit drops 93% to ₹54 crore,Dividend declared
Bandhan Bank Q4 Results:
Bandhan Bank reported its January-March quarter results for fiscal year 2023-24 (Q4FY24) on Friday, May 17, revealing a 94% drop in...
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BlackRock forecasts cryptocurrency and blockchain as key market forces by 2026
BlackRock, the global investment giant overseeing $10 trillion in assets, has highlighted Bitcoin, Ether, and stablecoins as key forces shaping global markets by 2026.
In...
Binance will list Ripple USD (RLUSD) and introduce RLUSD zero trading fee promotion
Ripple's dollar-pegged stablecoin RLUSD will launch spot trading on Binance starting Thursday, initially supporting the Ethereum blockchain, with integration into Ripple's own XRP Ledger...
Cabinet approves continuation of Atal Pension Yojana (APY) and extension of funding support for promotional and developmental activities and gap funding till 2030-31
The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today approved the continuation of Atal Pension Yojana (APY) up to FY 2030-31...
Cabinet approves equity support to Small Industries Development Bank of India
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved the equity support of Rs.5,000 crore to Small Industries Development Bank...