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Canada Commits US$200 Million to World Bank’s Hybrid Capital Fund
Canada Pledges US$200 Million to World Bank
Canada became the latest World Bank Group shareholder to invest in hybrid capital, a financial product designed to...
SBI approves raising up to Rs 20,000 crore for FY25 through long-term bonds
SBI approves raising to Rs 20,000 crore for FY25 via long-term bonds
India's largest public sector lender, State Bank of India (SBI), announced on June...
UBS announces voluntary redemption offer by Credit Suisse Supply Chain Funds to its investors
UBS announces voluntary redemption
UBS announces today that the Credit Suisse Supply Chain Finance Funds have made an offer to redeem fund units. Fund investors...
RBI receives Risk Manager of the Year Award 2024 from London-based Central Banking
RBI Awarded Risk Manager of the Year 2024:
The Reserve Bank of India (RBI) has been honored with the Risk Manager of the Year Award...
RBI cancels the licence of Purvanchal Co-operative Bank Ltd., Ghazipur, Uttar Pradesh
RBI in action:
The Reserve Bank of India (RBI) has cancelled the licence of Purvanchal Co-operative Bank Ltd., Ghazipur, Uttar Pradesh, effective from the close...
World Bank’s Global Economic Prospects report: Global growth is stabilizing for the first time in three years
World Bank's Global Economic Prospects report update:
The global economy is expected to stabilize for the first time in three years in 2024—but at a...
RBI imposes rupees1.45 crore monetary penalty on Central Bank of India
RBI Imposes ₹1.45 Crore Penalty on Central Bank of India for Non-Compliance
The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹1,45,50,000...
Bank Holiday June 2024: Will Banks Be Open or Closed on Bakrid? Check Details Here
Bank Holiday update:
Banks will be closed on Monday, June 17, 2024, in observance of Eid ul-Adha, affecting both public and private banks across India....
Japanese Yen Weakens as BoJ Maintains Steady Interest Rate
Japanese Yen news update:
The Japanese Yen (JPY) edges lower as the Bank of Japan (BoJ) maintains its interest rate at 0% following Friday's meeting....
SBI Launches ‘SME Digital Business Loans’, Approves Loans in 45 Minutes
SBI MSME Loans:
The State Bank of India (SBI), the country’s largest lender, has introduced 'SME Digital Business Loans' aimed at sanctioning loans within 45...
RBI imposes monetary penalty on the Prakasam district Co-operative central bank Ltd, Ongole, Andhra Pradesh
RBI in action
The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹50,000 on The Prakasam District Co-operative Central Bank Ltd in...
SBI aims to raise up to $3 billion through debt in FY25
SBI aims to raise up to $3 billion
State Bank of India, the country's largest lender, announced on Tuesday that its board has approved raising...
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New Xero study reveals celebrating success boosts U.S. small business performance
Xero, the global small business platform, has today published new independent research revealing the impact of celebrating business milestones and ‘made-it moments’. The study,...
TeraWulf secures long-term ground lease at Cayuga site to expand high-performance computing infrastructure
TeraWulf Inc., a leading owner and operator of vertically integrated, next-generation digital infrastructure powered by predominantly zero-carbon energy, today announced the execution of a...
Crypto Treasury Revolution: How $47B corporate shift creates new investment opportunities
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RayNeo and Ant Group forge strategic partnership to advance AR glasses innovations in payments and beyond
RayNeo and Ant Group today announced a strategic partnership to develop innovative digital payment solutions globally. Beginning with in-store payment scenarios, the augmented reality...