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IFC Partners with Axis Bank to Provide a $500 million Climate Loan in India
The International Finance Corporation (IFC), a member of the World Bank Group and the largest global development institution, is partnering with Axis Bank, one...
RBI appoints Shri Aviral Jain as executive director, effective october 1, 2024
The Reserve Bank of India (RBI) has announced the appointment of Shri Aviral Jain as its new Executive Director (ED), effective from October 1,...
IDFC FIRST Bank announces successful completion of merger with IDFC Limited, effective October 01, 2024
IDFC FIRST Bank announced today, following its Board meeting, that the merger with IDFC Limited has been successfully completed after obtaining all necessary shareholder...
More than 400 Million Students Affected by Climate-Related School Closures since 2022: World Bank
A staggering 400 million students globally experienced school closures from extreme weather since 2022, according to a new World Bank report released today. The...
Santander and Formula 1 are excited to announce their new official partnership
Santander and Openbank brands will appear prominently at Formula 1 races in the group’s main marketsMadrid, 4 September 2024.
Banco Santander today announced that it...
RBI imposes monetary penalty on two different Co-operative bank and one Zila Sahkari bank
RBI in action: RBI imposes monetary penalty
The Reserve Bank of India (RBI) has, by an order dated August 23, 2024, imposed a monetary penalty...
ICRA Report: Declining liquidity coverage ratios to slow down credit growth for banks
ICRA report highlights decline in retail and small business deposits
In its recent report, ICRA highlighted that the share of deposits from retail customers and...
RBI imposes monetary penalty on 2 different P2P private lender
RBI imposes penalty on NDX P2P Private Limited for regulatory non-compliance
The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹1,92,00,000/- (Rupees...
IDB, World Bank, and CAF strengthen collaboration to combat transnational organized crime in Latin America and the Caribbean
IDB, World Bank, and CAF Join Forces to Enhance Knowledge and Strengthen Security Policies in Latin America and the Caribbean
The Inter-American Development Bank (IDB),...
World Bank group launches high-level advisory council on jobs to address global south employment crisis
World Bank Group Launches High-Level Council to Address Looming Jobs Crisis
The World Bank Group today announced the creation of the High-Level Advisory Council on...
SBI announces key leadership changes: Appoints Rana RK Singh as Managing Director
SBI appoints Rana RK Singh as Managing Director; Announces significant leadership changes
The State Bank of India has implemented significant leadership changes. Rana Ashutosh Kumar Singh...
RBI tightens regulations for Housing Finance Companies to align with NBFC norms
RBI in action:
RBI tightens regulations for HFCs
The Reserve Bank of India (RBI) has introduced stricter regulations for Housing Finance Companies (HFCs) to align their...
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Fortune magazine recognizes Santander Open Academy for changing the world for the better
Santander has been recognized as one of the 50 companies making a positive impact in the world by being included in Fortune Magazine’s ‘Change...
Bybit Crypto Insights Report: Aster Takes on Hyperliquid in the Perp DEX Boom
Bybit, the world's second-largest cryptocurrency exchange by trading volume, has released its latest Bybit Crypto Insights report, analyzing the growth of decentralized perpetual exchanges...
UBS Global Real Estate Bubble Index 2025: Dubai and Madrid with strongest bubble risk increase
According to this year’s edition of the UBS Global Real Estate Bubble Index, Miami shows the highest bubble risk among the cities in this...
Alipay+ and Mastercard bring overseas NFC payments to Kakao Pay users
Alipay+, a global wallet gateway under Ant International, supports Kakao Pay, a leading South Korean mobile wallet, in launching NFC (Near-Field Communication) payment for...