Goldman Sachs to lay off over 1,300 employees in annual workforce review: Report
Goldman Sachs is set to reduce its global workforce by over 1,300 employees as part of its annual review process to eliminate low performers,...
HDB Financial Services leads the way as the first NBFC to launch NPCI’s e-KYC Setu System
HDB Financial Services
HDB Financial Services (HDBFS), a leading non-banking financial company (NBFC),
has set a new industry benchmark by becoming the first to integrate the...
RBI imposes monetary penalty on two different Co-operative bank and one Zila Sahkari bank
RBI in action: RBI imposes monetary penalty
The Reserve Bank of India (RBI) has, by an order dated August 23, 2024, imposed a monetary penalty...
ICRA Report: Declining liquidity coverage ratios to slow down credit growth for banks
ICRA report highlights decline in retail and small business deposits
In its recent report, ICRA highlighted that the share of deposits from retail customers and...
The Accounting and Bookkeeping Industry’s suffer from an ‘Image Problem’: Report
Xero launches Mentor Program to accounting and bookkeeping Image Problem
New research from Xero, a global small business platform, reveals that nearly half of accountants and...
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...
NPCI incorporates NPCI BHIM Services Ltd (NBSL) as a wholly owned subsidiary
NPCI establishes NPCI BHIM Services Ltd. as wholly owned subsidiary to boost digital payments ecosystem
National Payments Corporation of India (NPCI) has announced the incorporation...
Securitization volumes generated by affordable housing finance companies are projected to rise by 27% in FY2025: ICRA
ICRA Projects Securitisation Volumes by affordable housing finance companies to Reach Rs 8,800 Crore in FY2025
ICRA anticipates that securitization volumes originated by affordable housing...
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),...
NBFCs fairly resilient to intensifying headwinds; however,growth to moderate to 13-15% in FY2025: ICRA
ICRA's Outlook on NBFCs: Challenges and Growth Projections:
ICRA highlighted that the non-banking financial companies(NBFCs)shall witness headwinds related to funding availability, which is likely to...
Fintech news: Cards and convenience reign supreme in Aotearoa: Report
Fintech News: Xero Report Highlights the Importance of Payment Convenience for Kiwi Consumers Amid Barriers for Small Businesses
New research from the global small business...
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...
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