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RBI MPC update: Economist predicts rate cut in upcoming MPC meeting
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...
Overland Advantage and Wells Fargo lead senior secured credit facilities to FFF enterprises, Inc.
Advantage ("Overland"), a business development company with a differentiated direct lending approach that benefits from a strategic relationship between Centerbridge Partners and Wells Fargo,...
Economic Survey: India’s GDP expected to grow between 6.3% and 6.8% in FY26
The Economic Survey of India 2024-25, presented on January 31, 2025, provides an in-depth assessment of the country’s economic performance and forecasts for the...
Intellect to assume digital banking operations of Central 1, Canada
Vancouver (BC), Toronto (ON), Chennai (India), January 23, 2025:Central 1 Credit Union (Central 1) and Intellect Design Arena Ltd. (Intellect) today announced the signing of an agreement in which...
HDFC Bank Reports Q3 FY25 Results: Net Profit Rises 2.2% YoY, over 8% steady growth In NII
India’s largest private sector lender, HDFC Bank, has announced its financial results for the third quarter of FY25, reporting a 2.2% year-on-year (YoY) increase...
RBI cancels Certificate of Registration of X10 Financial Services Limited due to irregular lending practices
The CoR has been cancelled by RBI as the company has violated RBI guidelines on code of conduct in outsourcing of financial services in...
RBI updates FEMA regulation to boost cross-border rupee transactions
To promote the increased use of the Indian Rupee (INR) in trade transactions, the Reserve Bank of India (RBI) introduced the Special Rupee Vostro...
RBI levies monetary penalties on 4 Co-operative Banks for breaching regulatory norms
Mumbai, December 30, 2024: The Reserve Bank of India (RBI) has imposed monetary penalties on four co-operative banks for non-compliance with regulatory norms. The...
RBI MPC Update: Repo rate likely to remain unchanged as inflation concerns take precedence
The Reserve Bank of India (RBI) is expected to maintain its key policy repo rate at 6.5% during the Monetary Policy Committee (MPC) meeting...
RBI imposes monetary penalty on The Sathamba People’s Co-operative Bank Ltd
The Reserve Bank of India (RBI) has, by an order dated November 05, 2024, imposed a monetary penalty of ₹50,000 (Rupees Fifty thousand only)...
Poland Boosts Support to the World Bank’s International Development Association, fund for low-income countries
The Government of Poland has pledged to increase its contribution to the World Bank’s IDA by 100% compared to its previous IDA contributions, demonstrating its...
Credit growth to moderate, asset quality pressure to rise: ICRA
Ratings agency ICRA anticipates the slew of regulatory measures and tighter funding conditions in the domestic markets to result in a steady slowdown in...
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Ant Group to Strengthen Support for Hong Kong’s Global Finance and Tech Leadership with AI, GoGlobal Services: Eric Jing
Eric Jing, Chairman of Ant Group, reaffirmed Ant’s commitment to deepening cross-sector collaboration on regulated AI and tokenization innovation in the territory, and to...
Embassy REIT reports stellar Q2 FY2026: Quarterly distributions hit all-time high with 12% YoY growth, occupancy at 93%
Embassy Office Parks REIT, India’s first listed real estate investment trust and the largest office REIT in Asia by area, delivered a stellar performance...
R2 joins Ant International to expand credit access for SMEs in LATAM
Ant International, a leading global digital payment, digitization, and financial technology provider, today announced a strategic investment in R2, the leading embedded lending infrastructure...
Intellect delivers consistent growth momentum with 34% YoY revenue increase to INR 789 Cr and 68% surge in EBITDA to INR 184 Cr in...
Intellect Design Arena Ltd, an enterprise-grade global financial technology leader, known for its application of First Principles Thinking, Open Finance Architecture, and Design Thinking to...