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 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
UBS announces today that the Credit Suisse Supply Chain Finance Funds have made an offer to redeem fund units. Fund investors...
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 update:
The global economy is expected to stabilize for the first time in three years in 2024—but at a...
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 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 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 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...
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 Corporation – an integrated green hydrogen production company based in Montreal, Canada – have signed a Memorandum of Understanding (MoU)...
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...