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Standard Chartered bank expands its presence in GIFT City

Standard Chartered Bank today announced that it has shifted to larger office premises at Gujarat International Finance Tec-City (GIFT) City, reinforcing its long-term commitment...

Government has strengthened IBC with six amendments and 122 regulatory reforms since its inception

The legislative intent of the Insolvency and Bankruptcy Code, 2016 (IBC) is to provide a consolidated framework for reorganization, insolvency resolution and liquidation of...

Bank news update: Banking regulation amendment Act 2020 has enhanced RBI’s supervision over Co-operative Banks

The Banking Regulation Act, 1949 has been amended to provide additional powers to RBI for more effective regulation of Co-operative banks vide Banking Regulation...

Government of India and Government of Japan sign loan agreements worth JPY 191.736 billion for six projects under Japan’s Official Development Assistance to India

The Government of India and the Government of Japan yesterday signed loan agreements worth JPY 191.736 billion for six projects under Japan’s Official Development...

RBI impose ₹75 lakh penalty on HDFC bank for KYC non compliance

The Reserve Bank of India (RBI) has imposed a monetary penalty of 75 lakh on HDFC Bank Limited for failing to comply with certain...

RBI imposes monetary penalties on IDBI Bank and Citibank for FEMA violations

The Reserve Bank of India (RBI) has imposed monetary penalties on IDBI Bank Limited and Citibank N.A. for violations under the Foreign Exchange Management...

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,...

IndusInd Bank shares rebound around 5% as management provides clarity on future profit generation

IndusInd Bank's shares surged over 5% to ₹694 on Wednesday, recovering from a 26% drop on Tuesday and outperforming peers like Indian Bank, State...

IndusInd Bank sees heavy selling as stock crashes over 25% in a single trading session.

Shares of Mumbai-based private lender IndusInd Bank Ltd. tumbled 25% on Tuesday, March 11, marking its biggest single-day decline. This drop pushed the stock...

Happiest Minds positioned as ‘innovators and major players’ in NelsonHall’s transforming core banking services NEAT report

Happiest Minds Technologies Limited , a 'Born Digital. Born Agile', Mindful IT Company, today announced being positioned as 'Innovators and Major Players' in the...

RBI unveils Financial Literacy Week 2025 with the powerful theme: “Financial Literacy: Empowering Women’s Prosperity”

Reserve Bank of India (RBI) has been conducting Financial Literacy Week (FLW) every year since 2016 to promote financial literacy. Governor Shri Sanjay Malhotra...

DBS named world’s best bank for sustainable finance by global finance

DBS today announced that it has been named World's Best Bank for Sustainable Finance by New York-based trade publication Global Finance. This marks the...
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Flipster reveals Middle East expansion plans and appoints regional leadership to bolster crypto trading

Flipster, a global cryptocurrency trading platform, announced its expansion into the Middle East region with the appointment of a regional head to drive innovation...

Afrik tests world-first voting platform to decide Africa’s green future

The Afrik Foundation officially begins the global test phase of its groundbreaking digital platform, Afrik. Designed to revolutionize infrastructure financing, Afrik empowers individuals worldwide to participate...

Regulatory tightening cools index options surge; Signs of stabilisation emerge: ICRA

Rating agency ICRA highlighted that trading activity appears to be stabilising in index derivatives and options volumes, reflecting strategic recalibrations by market participants, after three...

Deeply optimistic”: South Africa’s business resilience shown as 80% of small firms grow despite challenges

Small businesses continue to display resilience in challenging times, with 83% growing their revenue over the past year and 90% optimistic about their future...