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Berkshire Hathaway sells 34 million Bank of America shares for $1.48 Billion

Berkshire Hathaway sells Bank of America shares Warren Buffett’s Berkshire Hathaway has sold approximately 34 million shares of Bank of America for $1.48 billion, as...

UBS named “World’s Best Bank” at Euromoney Awards for Excellence 2024

Euromoney names UBS "World's Best Bank UBS has been honored with the prestigious title of "World’s Best Bank" at the Euromoney Awards for Excellence 2024....

ADB maintains India’s growth rate projection at 7.0% for FY 2024

ADB Maintains India's Growth Rate Projection at 7.0% for FY 2024 The Asian Development Bank (ADB) has upheld its projected growth rate for India at...

RBI imposes monetary penalty on 5 different Sahakari and Co-operative banks

RBI has imposed monetary penalties on the following banks for different reasons: 1. Sivagangai District Central Co-operative Bank Limited, Sivagangai, Tamil Nadu: The Reserve Bank of...

SBI report urges divestment of state-owned banks

SBI Recommends Disinvestment of Public Sector Banks and Consolidation of Government-Owned Banks The State Bank of India (SBI) has advocated for the disinvestment of public...

The World Bank launches fiscal Year 2025 funding program with £750 million 7-year benchmark bond

The World Bank Prices 7-Year GBP Benchmark Bond Due July 2031 The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) has priced a...

RBI expands scope of remittances to IFSCs under LRS

RBI News The Reserve Bank of India (RBI) has broadened the scope of remittances to International Financial Services Centres (IFSCs) under the Liberalised Remittance Scheme...

RBI’s financial inclusion index rises to 64.2 in march 2024, indicating enhanced financial inclusion

RBI's financial inclusion index: The Reserve Bank's Financial Inclusion (FI) Index, which measures the extent of financial inclusion across India, rose to 64.2 in March...

Global Wealth Report 2024: Growth rebounds to 4.2%, offsetting the 2022 downturn

Global Wealth Report 2024 Wealth growth across the world has recovered from its 3% contraction the previous year. The contraction in 2022 was largely attributable...

Redemption of two UBS Group AG additional tier 1 instruments

UBS Group news UBS announces its intention to redeem the total outstanding AUD 700mn additional tier 1 instrument with ISIN CH0488506673 (the "AUD AT1 instrument")...

Bank of Baroda shares drop over 6% in 3 consecutive trading day on lowest deposit and advances growth in the past 12 quarters

Bank of Baroda Shares Drop Over 6% since monday Shares of Bank of Baroda fell by more than 6% since Monday after the public sector...

Punjab and Sind Bank unveils ambitious expansion plan for FY 2024-25

Punjab and Sind Bank to launch 100 new branches and ATMs this fiscal year Punjab and Sind Bank, a state-owned financial institution, has announced an...
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ABB names Christian Nilsson to succeed Timo Ihamuotila as CFO

ABB announced today that it has appointed Christian Nilsson as CFO and member of the Executive Committee effective February 1, 2026. He will succeed...

NPST launches NBBL’s banking connect to enable interoperable internet and mobile banking

NPST, a leading digital banking and payments technology company and a proud member of the NPCI Partner Program, today announced the launch of Banking...

HDB financial services Q2FY26 reports strong growth in AUM and loan book

HDB Financial Services Limited announced its unaudited financial results for the quarter and half year ended September 30, 2025, following a Board meeting held...

22nd Edition Connected Banking Summit – Innovation & Excellence Awards 2025

Theme: Empowering the Future of Banking in the Kingdom: Innovation, Transformation,and GrowthThe International Centre for Strategic Alliances (ICSA) proudly announces the 22nd Edition of...