Intellect Global Transaction Banking (iGTB), the transaction banking business unit from Intellect Design Arena Ltd is proud to announce the successful second phase go-live of its eMACH.ai...

News

RBI imposes monetary penalties on 3 financial institutions for regulatory non-compliance

PJdesk - 14/02/2025 0

The Reserve Bank of India (RBI) has imposed monetary penalties on Ujjivan Small Finance Bank Limited, The Nainital Bank Limited, and Shriram Finance Limited...

News

RBI has superseded the board of directors of New India Cooperative Bank Ltd., Mumbai

PJdesk - 14/02/2025 0

The RBI has today superseded the Board of Directors of New India Cooperative Bank Ltd., Mumbai, for a period of 12 months. Consequently, the...

Crypto

Bank of Montreal (BMO) quietly invests $150M in bitcoin ETFs as institutional interest grows

PJdesk - 14/02/2025 0

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...

Bank

Intellect expands sales leadership with the appointment of John Owen as president for the western hemisphere to drive eMACH.ai growth

PJdesk - 12/02/2025 0

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...

Bank

Santander, global leader in export finance for third year running

PJdesk - 11/02/2025 0

Santander Corporate & Investment Banking (Santander CIB) ended 2024 as the world's leader in export finance for the third year in a row, with...

News

RBI penalizes Karur Vysya Bank and Federal Bank for serious compliance failures

PJdesk - 08/02/2025 0

The Reserve Bank of India (RBI), through an order dated February 04, 2025, has levied a monetary penalty of ₹8.30 lakh (Rupees Eight Lakh...

News

RBI MPC update: Stock Market and experts express mixed reactions to the RBI rate cut

PJdesk - 07/02/2025 0

RBI MPC update: Rate cut fails to cheer markets Devarsh Vakil - Head of Prime Research, HDFC Securities: In a watershed moment for India's monetary...

News

RBI MPC Update:The repo rate has been reduced by 25 basis points from 6.50% to 6.25%. The central bank forecasts GDP growth at 6.7%...

PJdesk - 07/02/2025 0

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) unanimously decided to cut the repo rate by 25 basis points from 6.50% to...

Europe

UBS Global Entrepreneur Report 2025

PJdesk - 06/02/2025 0

UBS today published its first Global Entrepreneur Report, based on a survey of 156 UBS entrepreneur clients and network members across a full range...

News

RBI MPC update: Economist predicts rate cut in upcoming MPC meeting

PJdesk - 06/02/2025 0

In a significant development for India’s economic landscape, leading economists anticipate a potential rate cut in the upcoming Reserve Bank of India (RBI) Monetary...

News

Overland Advantage and Wells Fargo lead senior secured credit facilities to FFF enterprises, Inc.

PJdesk - 06/02/2025 0

Advantage ("Overland"), a business development company with a differentiated direct lending approach that benefits from a strategic relationship between Centerbridge Partners and Wells Fargo,...

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Bank

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RBI MPC Live: The central bank has reduced the repo rate by 25 basis points to 6%.

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