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SBI aims to sell Yes Bank stake worth $2.2 billion by end-March: Report

SBI aims to sell Yes Bank stake: State Bank of India (SBI) currently holds approximately 24 percent of Yes Bank, while 11 other lenders, including...

HDFC Bank Shares plunge 2.4% at market opening due to MSCI Index changes

HDFC Bank shares drop at market opening due to MSCI Index changes Shares of the leading private bank, HDFC Bank, declined sharply as the market...

RBI imposes monetary penalty on 2 Co-operative Banks

The RBI in action: The Reserve Bank of India (RBI), by an order dated August 5, 2024, has imposed a monetary penalty of ₹50,000 on...

The World Bank news: Nepal’s government and the World Bank have signed a $100 million agreement to enhance provincial and local road networks

The World Bank news update: The Government of Nepal and the World Bank have entered into a financing agreement for a $100 million concessional loan...

RBI MPC Update: The repo rate remains unchanged at 4.5%, and inflation continues to be a concern.

RBI MPC update: Today, the Reserve bank of India MPC press conference was held, and the RBI Governor, Mr. Shaktikanta Das, briefed the public about...

Mox Virtual Bank expands investment offerings to include cryptocurrency ETFs

Mox Virtual Bank in Hong Kong launches Bitcoin and Ethereum ETF trading Hong Kong-based virtual bank Mox announced it has expanded its investment options to...

World Bank Approves $600 Million for Türkiye Earthquake Recovery Project

World Bank Approves $600 Million to Revive Micro Enterprises in Türkiye's Earthquake-Hit Areas The World Bank Board has approved $600 million in financing to support...

Indian Banking Sector; Proposed changes to liquidity coverage ratio framework aimed at slowing credit growth: Report

Indian Banking Sector: The Key highlight of the report: The proposed changes in the Liquidity Coverage Ratio (LCR) guidelines are expected to decrease the system-wide...

Banco Santander launches “Louder Together” contest on TikTok

Santander is searching for talent on TikTok to form the first international music band born online Banco Santander introduces the inaugural international music band originating...

RBI cancels the licence of this Co-Operative bank

RBI Cancels License of The Mahabhairab Co-Co-Operative bankoperative Urban Bank Ltd., Tezpur, Assam The RBI, through an order dated July 23, 2024, has revoked the...

HDFC Bank shares rise 2% after positive earnings report

HDFC Bank Shares Rise 2% HDFC Bank's shares rose 2% on Monday after India's top private lender reported an uptick in its net interest margin...

Berkshire Hathaway sells 34 million Bank of America shares for $1.48 Billion

Berkshire Hathaway sells Bank of America shares Warren Buffett’s Berkshire Hathaway has sold approximately 34 million shares of Bank of America for $1.48 billion, as...

Most Read

About 92 percent of Indian executives cite security vulnerabilities as the primary obstacle to responsible AI usage: Deloitte report

According to the AI at a crossroads: Building trust as the path to scale report by Deloitte Asia Pacific, about 92 percent of Indian executives...

Economic risks remain top-of-mind with extreme weather, natural disasters and talent shortage concerns in the region

Economic downturns, such as recessions and stagnation, alongside concerns around the increasing frequency of weather events,  natural disasters and  labour and talent shortages, remain...

Eco-friendly paper disposal producer Aaradhya disposal industries files DRHP with NSE emerge

Aaradhya Disposal Industries Limited, a manufacturer and exporter of high-quality eco-friendly paper products, announced the filing of its Draft Red Herring Prospectus (DRHP) with NSE Emerge....

Swiss Re targets a net income of more than USD 4.4 billion for 2025

Swiss Re's Group Chief Executive Officer Andreas Berger said: "We have taken decisive actions in 2024 to increase the resilience of our business. We achieved...