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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...
SBI aims to sell Yes Bank stake worth $2.2 billion by end-March: Report
SBI aims to sell Yes Bank stake:
State Bank of India (SBI) currently holds approximately 24 percent of Yes Bank, while 11 other lenders, including...
HDFC Bank Shares plunge 2.4% at market opening due to MSCI Index changes
HDFC Bank shares drop at market opening due to MSCI Index changes
Shares of the leading private bank, HDFC Bank, declined sharply as the market...
RBI imposes monetary penalty on 2 Co-operative Banks
The RBI in action:
The Reserve Bank of India (RBI), by an order dated August 5, 2024, has imposed a monetary penalty of ₹50,000 on...
The World Bank news: Nepal’s government and the World Bank have signed a $100 million agreement to enhance provincial and local road networks
The World Bank news update:
The Government of Nepal and the World Bank have entered into a financing agreement for a $100 million concessional loan...
RBI MPC Update: The repo rate remains unchanged at 4.5%, and inflation continues to be a concern.
RBI MPC update:
Today, the Reserve bank of India MPC press conference was held, and the RBI Governor, Mr. Shaktikanta Das, briefed the public about...
Mox Virtual Bank expands investment offerings to include cryptocurrency ETFs
Mox Virtual Bank in Hong Kong launches Bitcoin and Ethereum ETF trading
Hong Kong-based virtual bank Mox announced it has expanded its investment options to...
World Bank Approves $600 Million for Türkiye Earthquake Recovery Project
World Bank Approves $600 Million to Revive Micro Enterprises in Türkiye's Earthquake-Hit Areas
The World Bank Board has approved $600 million in financing to support...
Indian Banking Sector; Proposed changes to liquidity coverage ratio framework aimed at slowing credit growth: Report
Indian Banking Sector: The Key highlight of the report:
The proposed changes in the Liquidity Coverage Ratio (LCR) guidelines are expected to decrease the system-wide...
Banco Santander launches “Louder Together” contest on TikTok
Santander is searching for talent on TikTok to form the first international music band born online
Banco Santander introduces the inaugural international music band originating...
RBI cancels the licence of this Co-Operative bank
RBI Cancels License of The Mahabhairab Co-Co-Operative bankoperative Urban Bank Ltd., Tezpur, Assam
The RBI, through an order dated July 23, 2024, has revoked the...
HDFC Bank shares rise 2% after positive earnings report
HDFC Bank Shares Rise 2%
HDFC Bank's shares rose 2% on Monday after India's top private lender reported an uptick in its net interest margin...
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Ant Group to Strengthen Support for Hong Kong’s Global Finance and Tech Leadership with AI, GoGlobal Services: Eric Jing
Eric Jing, Chairman of Ant Group, reaffirmed Ant’s commitment to deepening cross-sector collaboration on regulated AI and tokenization innovation in the territory, and to...
Embassy REIT reports stellar Q2 FY2026: Quarterly distributions hit all-time high with 12% YoY growth, occupancy at 93%
Embassy Office Parks REIT, India’s first listed real estate investment trust and the largest office REIT in Asia by area, delivered a stellar performance...
R2 joins Ant International to expand credit access for SMEs in LATAM
Ant International, a leading global digital payment, digitization, and financial technology provider, today announced a strategic investment in R2, the leading embedded lending infrastructure...
Intellect delivers consistent growth momentum with 34% YoY revenue increase to INR 789 Cr and 68% surge in EBITDA to INR 184 Cr in...
Intellect Design Arena Ltd, an enterprise-grade global financial technology leader, known for its application of First Principles Thinking, Open Finance Architecture, and Design Thinking to...