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Overland Advantage and Wells Fargo lead senior secured credit facilities to FFF enterprises, Inc.
Advantage ("Overland"), a business development company with a differentiated direct lending approach that benefits from a strategic relationship between Centerbridge Partners and Wells Fargo,...
Economic Survey: India’s GDP expected to grow between 6.3% and 6.8% in FY26
The Economic Survey of India 2024-25, presented on January 31, 2025, provides an in-depth assessment of the country’s economic performance and forecasts for the...
Intellect to assume digital banking operations of Central 1, Canada
Vancouver (BC), Toronto (ON), Chennai (India), January 23, 2025:Central 1 Credit Union (Central 1) and Intellect Design Arena Ltd. (Intellect) today announced the signing of an agreement in which...
HDFC Bank Reports Q3 FY25 Results: Net Profit Rises 2.2% YoY, over 8% steady growth In NII
India’s largest private sector lender, HDFC Bank, has announced its financial results for the third quarter of FY25, reporting a 2.2% year-on-year (YoY) increase...
RBI cancels Certificate of Registration of X10 Financial Services Limited due to irregular lending practices
The CoR has been cancelled by RBI as the company has violated RBI guidelines on code of conduct in outsourcing of financial services in...
RBI updates FEMA regulation to boost cross-border rupee transactions
To promote the increased use of the Indian Rupee (INR) in trade transactions, the Reserve Bank of India (RBI) introduced the Special Rupee Vostro...
RBI levies monetary penalties on 4 Co-operative Banks for breaching regulatory norms
Mumbai, December 30, 2024: The Reserve Bank of India (RBI) has imposed monetary penalties on four co-operative banks for non-compliance with regulatory norms. The...
RBI MPC Update: Repo rate likely to remain unchanged as inflation concerns take precedence
The Reserve Bank of India (RBI) is expected to maintain its key policy repo rate at 6.5% during the Monetary Policy Committee (MPC) meeting...
RBI imposes monetary penalty on The Sathamba People’s Co-operative Bank Ltd
The Reserve Bank of India (RBI) has, by an order dated November 05, 2024, imposed a monetary penalty of ₹50,000 (Rupees Fifty thousand only)...
Poland Boosts Support to the World Bank’s International Development Association, fund for low-income countries
The Government of Poland has pledged to increase its contribution to the World Bank’s IDA by 100% compared to its previous IDA contributions, demonstrating its...
Credit growth to moderate, asset quality pressure to rise: ICRA
Ratings agency ICRA anticipates the slew of regulatory measures and tighter funding conditions in the domestic markets to result in a steady slowdown in...
RBI keeps Repo Rate steady at 6.5%, shifts policy stance to “Neutral”
At the October 9, 2024, meeting of the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC), the central bank decided to keep the...
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New Xero study reveals celebrating success boosts U.S. small business performance
Xero, the global small business platform, has today published new independent research revealing the impact of celebrating business milestones and ‘made-it moments’. The study,...
TeraWulf secures long-term ground lease at Cayuga site to expand high-performance computing infrastructure
TeraWulf Inc., a leading owner and operator of vertically integrated, next-generation digital infrastructure powered by predominantly zero-carbon energy, today announced the execution of a...
Crypto Treasury Revolution: How $47B corporate shift creates new investment opportunities
Equity Insider News Commentary – The corporate crypto revolution has moved from experiment to mainstream strategy, as public companies poured $47.3 billion into digital...
RayNeo and Ant Group forge strategic partnership to advance AR glasses innovations in payments and beyond
RayNeo and Ant Group today announced a strategic partnership to develop innovative digital payment solutions globally. Beginning with in-store payment scenarios, the augmented reality...