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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

National Housing Bank releases report on trends and progress of housing in India 2024

National Housing Bank (NHB), a statutory body under the Government of India has released the Report on Trends and Progress of Housing in India,...

Bladex and Scotiabank lead US$100 million loan for EGE Haina

Banco Latinoamericano de Comercio Exterior, S.A. (Bladex) and The Bank of Nova Scotia (Scotiabank) announced the successful closing of a US$100 million syndicated loan for Empresa Generadora de Electricidad...

ABB and Charbone Hydrogen sign agreement to advance North American green hydrogen production facilities

ABB and Charbone Hydrogen Corporation – an integrated green hydrogen production company based in Montreal, Canada – have signed a Memorandum of Understanding (MoU)...

Botguard raises €45 million series B led by Dawn Capital; rebrands to Blackwall

Blackwall, the global AI-enabled security and web infrastructure company founded in 2019 by Nikita Rozenberg (CEO) and Denis Prochko (CTO), today announced that it...