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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...

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...
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Bitmine Immersion Technologies (BMNR) announces ETH holdings reach 4.203 million tokens, and total crypto and total cash holdings of $14.5 billion

Bitmine Immersion Technologies, Inc. ("Bitmine" or the "Company") a Bitcoin and Ethereum Network Company with a focus on the accumulation of crypto for long...

Samco Mutual Fund launches India’s first actively managed momentum-based Mid-Cap Fund aiming to capture the next phase of India’s growth

Samco Asset Management Private Limited today announced the launch of the Samco Mid Cap Fund, India’s first actively managed momentum-based mid-cap fund, seeking to identify and...

Digital lending drive: PSBs sanction ₹52,300 Crore to 4 lakh MSMEs in nine months

In a significant boost to micro, small, and medium enterprises (MSMEs), Public Sector Banks (PSBs) have sanctioned over 3.96 lakh loan applications amounting to...

Shadowfax Technologies IPO opens January 20; Details here

In a significant move in the primary market, Shadowfax Technologies Ltd., a high-growth technology firm, has filed its Draft Red Herring Prospectus (DRHP) with...