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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...

Deutsche Bank raises €500 million through inaugural social bond offering

Deutsche Bank raised fund: Deutsche Bank announced today that it has successfully raised €500 million through its inaugural social bond offering. The proceeds will be...

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...
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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...