Monday, December 23, 2024
Home News Bank

Bank

Canada Commits US$200 Million to World Bank’s Hybrid Capital Fund

Canada Pledges US$200 Million to World Bank Canada became the latest World Bank Group shareholder to invest in hybrid capital, a financial product designed to...

SBI approves raising up to Rs 20,000 crore for FY25 through long-term bonds

SBI approves raising to Rs 20,000 crore for FY25 via long-term bonds India's largest public sector lender, State Bank of India (SBI), announced on June...

UBS announces voluntary redemption offer by Credit Suisse Supply Chain Funds to its investors

UBS announces voluntary redemption UBS announces today that the Credit Suisse Supply Chain Finance Funds have made an offer to redeem fund units. Fund investors...

RBI receives Risk Manager of the Year Award 2024 from London-based Central Banking

RBI Awarded Risk Manager of the Year 2024: The Reserve Bank of India (RBI) has been honored with the Risk Manager of the Year Award...

RBI cancels the licence of Purvanchal Co-operative Bank Ltd., Ghazipur, Uttar Pradesh

RBI in action: The Reserve Bank of India (RBI) has cancelled the licence of Purvanchal Co-operative Bank Ltd., Ghazipur, Uttar Pradesh, effective from the close...

World Bank’s Global Economic Prospects report: Global growth is stabilizing for the first time in three years

World Bank's Global Economic Prospects report update: The global economy is expected to stabilize for the first time in three years in 2024—but at a...

RBI imposes rupees1.45 crore monetary penalty on Central Bank of India

RBI Imposes ₹1.45 Crore Penalty on Central Bank of India for Non-Compliance The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹1,45,50,000...

Bank Holiday June 2024: Will Banks Be Open or Closed on Bakrid? Check Details Here

Bank Holiday update: Banks will be closed on Monday, June 17, 2024, in observance of Eid ul-Adha, affecting both public and private banks across India....

Japanese Yen Weakens as BoJ Maintains Steady Interest Rate

Japanese Yen news update: The Japanese Yen (JPY) edges lower as the Bank of Japan (BoJ) maintains its interest rate at 0% following Friday's meeting....

SBI Launches ‘SME Digital Business Loans’, Approves Loans in 45 Minutes

SBI MSME Loans: The State Bank of India (SBI), the country’s largest lender, has introduced 'SME Digital Business Loans' aimed at sanctioning loans within 45...

RBI imposes monetary penalty on the Prakasam district Co-operative central bank Ltd, Ongole, Andhra Pradesh

RBI in action The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹50,000 on The Prakasam District Co-operative Central Bank Ltd in...

SBI aims to raise up to $3 billion through debt in FY25

SBI aims to raise up to $3 billion State Bank of India, the country's largest lender, announced on Tuesday that its board has approved raising...

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...