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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...

UBS named “World’s Best Bank” at Euromoney Awards for Excellence 2024

Euromoney names UBS "World's Best Bank UBS has been honored with the prestigious title of "World’s Best Bank" at the Euromoney Awards for Excellence 2024....

ADB maintains India’s growth rate projection at 7.0% for FY 2024

ADB Maintains India's Growth Rate Projection at 7.0% for FY 2024 The Asian Development Bank (ADB) has upheld its projected growth rate for India at...

RBI imposes monetary penalty on 5 different Sahakari and Co-operative banks

RBI has imposed monetary penalties on the following banks for different reasons: 1. Sivagangai District Central Co-operative Bank Limited, Sivagangai, Tamil Nadu: The Reserve Bank of...

SBI report urges divestment of state-owned banks

SBI Recommends Disinvestment of Public Sector Banks and Consolidation of Government-Owned Banks The State Bank of India (SBI) has advocated for the disinvestment of public...

The World Bank launches fiscal Year 2025 funding program with £750 million 7-year benchmark bond

The World Bank Prices 7-Year GBP Benchmark Bond Due July 2031 The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) has priced a...

RBI expands scope of remittances to IFSCs under LRS

RBI News The Reserve Bank of India (RBI) has broadened the scope of remittances to International Financial Services Centres (IFSCs) under the Liberalised Remittance Scheme...
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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...