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RBI imposes monetary penalty on Punjab National Bank

RBI in action The Reserve Bank of India (RBI) has imposed a penalty of ₹1,31,80,000 (Rupees One crore thirty-one lakh eighty thousand) on Punjab National...

Bandhan Bank Ltd. appoints Ratan Kumar Kesh as interim Managing Director and CEO

Bandhan Bank News Update: Bandhan Bank Ltd. has appointed Ratan Kumar Kesh as the interim Managing Director and Chief Executive Officer. Kesh will assume his...

Canadian financial regulator delays implementation of new lending risk calculation rules

Canadian bank regulator delays plans to increase capital requirements Canadian financial regulator is giving the country's banks more time to adapt to new rules on...

DBS Hong Kong fined HK$10 million for anti-money laundering lapses

DBS Unit Fined in Hong Kong for Money Laundering Violations DBS Group Holdings' Hong Kong unit has been fined HK$10 million (S$1.7 million) by the...

World Bank approves an additional $1.5 Billion in financing to support India’s transition to a low-carbon economy

World Bank approves $1.5 Billion to India for low-carbon economy The World Bank’s Board of Executive Directors has approved $1.5 billion in financing for a...

IMF and World Bank Group announce Joint Bretton Woods at 80 initiative

IMF and World Bank Group announcment In commemoration of the 80th anniversary of the United Nations Monetary and Financial Conference (the "Bretton Woods Conference"), the...

RBI governor Shaktikanta Das meets with bank MDs and CEOs to address key issues

RBI Governor Meets with Bank MDs and CEOs Reserve Bank of India (RBI) Governor Shaktikanta Das met with the managing directors (MDs) and chief executive...

HDFC Bank’s share price surged by 4% in a single trading day

HDFC bank share shoot up Today HDFC bank share price jumped by 4% in a single trading session due to a positive indication in the...

Redemption of UBS Group AG senior unsecured notes

UBS announcement Union bank of switzerland announces its intention to redeem the total outstanding EUR 1,500,000,000 Fixed Rate Reset Senior Callable Notes due 2025 with...

RBI enthusiastically announces appointment of new executive Directors

RBI announces appointment The Reserve Bank of India (RBI) announced on Monday the appointment of Arnab Kumar Chowdhury and Charulatha S Kar as executive directors....

UBS Successfully Completes Merger with Credit Suisse Switzerland

UBS finalizes the merger of UBS Switzerland AG and Credit Suisse (Schweiz) AG UBS announces today that it has completed the merger of UBS Switzerland...

Punjab and Sind Bank’s growth strategy: plans to raise Rs 2,000 Crore via QIP

Punjab and Sind Bank's Strategic Plans for Growth and Innovation State-owned Punjab and Sind Bank plans to raise Rs 2,000 crore in the second half...

Most Read

TeraWulf to deliver over 70 MW of data center infrastructure for G42’s US operations

TeraWulf Inc. (“TeraWulf” or the “Company”), a leading owner and operator of vertically integrated, next-generation digital infrastructure powered by predominantly zero-carbon energy, today announced...

About 92 percent of Indian executives cite security vulnerabilities as the primary obstacle to responsible AI usage: Deloitte report

According to the AI at a crossroads: Building trust as the path to scale report by Deloitte Asia Pacific, about 92 percent of Indian executives...

Economic risks remain top-of-mind with extreme weather, natural disasters and talent shortage concerns in the region

Economic downturns, such as recessions and stagnation, alongside concerns around the increasing frequency of weather events,  natural disasters and  labour and talent shortages, remain...

Eco-friendly paper disposal producer Aaradhya disposal industries files DRHP with NSE emerge

Aaradhya Disposal Industries Limited, a manufacturer and exporter of high-quality eco-friendly paper products, announced the filing of its Draft Red Herring Prospectus (DRHP) with NSE Emerge....