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The end of evergreening? RBI’s new AIF rules could reshape bank investment strategies
The RBI has implemented sweeping reforms to regulate investments by banks and financial institutions in Alternative Investment Funds, introducing stringent new norms that will...
Cathay United Bank gains approval from Taiwan FSC to establish a branch in India
In a strategic move to expand its international presence and meet the cross-border financial needs of Taiwanese businesses, Cathay United Bank (CUB) is preparing...
FIU-IND and RBI sign MoU for enhanced coordination and information exchange
The MoU will facilitate coordinated efforts towards effective compliance with Prevention of Money Laundering Act and Rules framed thereunder
The Financial Intelligence Unit- India (FIU-IND)...
RBI projects 6.5% GDP growth for FY 2025-26
RBI's MPC, in its 54th meeting and the first of the financial year 2025–26, unanimously decided to reduce the policy repo rate by 25...
RBI shifts gears in anticipation of growth concerns due to trade wars & uncertainty: SAMCO Securities
The outcome of the RBI’s first Monetary Policy Committee (MPC) meeting for the financial year 2025–26 has been announced today, confirming a 25 basis...
RBI MPC Live: The central bank has reduced the repo rate by 25 basis points to 6%.
The outcome of the RBI’s first Monetary Policy Committee (MPC) meeting for the financial year 2025–26 has been announced today, confirming a 25 basis...
Standard Chartered bank expands its presence in GIFT City
Standard Chartered Bank today announced that it has shifted to larger office premises at Gujarat International Finance Tec-City (GIFT) City, reinforcing its long-term commitment...
Government has strengthened IBC with six amendments and 122 regulatory reforms since its inception
The legislative intent of the Insolvency and Bankruptcy Code, 2016 (IBC) is to provide a consolidated framework for reorganization, insolvency resolution and liquidation of...
Bank news update: Banking regulation amendment Act 2020 has enhanced RBI’s supervision over Co-operative Banks
The Banking Regulation Act, 1949 has been amended to provide additional powers to RBI for more effective regulation of Co-operative banks vide Banking Regulation...
Government of India and Government of Japan sign loan agreements worth JPY 191.736 billion for six projects under Japan’s Official Development Assistance to India
The Government of India and the Government of Japan yesterday signed loan agreements worth JPY 191.736 billion for six projects under Japan’s Official Development...
RBI impose ₹75 lakh penalty on HDFC bank for KYC non compliance
The Reserve Bank of India (RBI) has imposed a monetary penalty of 75 lakh on HDFC Bank Limited for failing to comply with certain...
RBI imposes monetary penalties on IDBI Bank and Citibank for FEMA violations
The Reserve Bank of India (RBI) has imposed monetary penalties on IDBI Bank Limited and Citibank N.A. for violations under the Foreign Exchange Management...
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HDB Financial Services Q3 FY26 result: Strong growth & prudent provisioning drive profits Up 36%, PAT soars to ₹644 crore
AUM Crosses ₹1.14 Lakh Crore Mark as Pre-Provisioning Operating Profit Jumps 23.2%; Company Fortifies Balance Sheet with Labour Code & NPA Provisions
Leading financial services...
Global business challenged by rapid emergence of a new age of competition
Global business leaders are facing mounting risks, as deepening geopolitical divides, along with growing technological and societal challenges, are expected to continue to shape...
The Great Silver Squeeze: Demand, Fear, and a Price Reckoning
Consider, for a moment, the quiet metal that has long moved in the shadows of its more illustrious cousin, gold. Today, that metal—silver—is stepping...
UK – Low financial confidence is ‘locking the door’ on British entrepreneurial ambition
A critical chasm in financial confidence is preventing Britain’s small businesses from growing or even starting up at all, according to Xero’s newly formed...