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Bank
ICRA Report: Declining liquidity coverage ratios to slow down credit growth for banks
ICRA report highlights decline in retail and small business deposits
In its recent report, ICRA highlighted that the share of deposits from retail customers and...
RBI imposes monetary penalty on 2 different P2P private lender
RBI imposes penalty on NDX P2P Private Limited for regulatory non-compliance
The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹1,92,00,000/- (Rupees...
IDB, World Bank, and CAF strengthen collaboration to combat transnational organized crime in Latin America and the Caribbean
IDB, World Bank, and CAF Join Forces to Enhance Knowledge and Strengthen Security Policies in Latin America and the Caribbean
The Inter-American Development Bank (IDB),...
World Bank group launches high-level advisory council on jobs to address global south employment crisis
World Bank Group Launches High-Level Council to Address Looming Jobs Crisis
The World Bank Group today announced the creation of the High-Level Advisory Council on...
SBI announces key leadership changes: Appoints Rana RK Singh as Managing Director
SBI appoints Rana RK Singh as Managing Director; Announces significant leadership changes
The State Bank of India has implemented significant leadership changes. Rana Ashutosh Kumar Singh...
RBI tightens regulations for Housing Finance Companies to align with NBFC norms
RBI in action:
RBI tightens regulations for HFCs
The Reserve Bank of India (RBI) has introduced stricter regulations for Housing Finance Companies (HFCs) to align their...
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...
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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...