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RBI imposes monetary penalties on 3 financial institutions for regulatory non-compliance

The Reserve Bank of India (RBI) has imposed monetary penalties on Ujjivan Small Finance Bank Limited, The Nainital Bank Limited, and Shriram Finance Limited...

RBI has superseded the board of directors of New India Cooperative Bank Ltd., Mumbai

The RBI has today superseded the Board of Directors of New India Cooperative Bank Ltd., Mumbai, for a period of 12 months. Consequently, the...

Bank of Montreal (BMO) quietly invests $150M in bitcoin ETFs as institutional interest grows

The Bank of Montreal (BMO), Canada’s third-largest bank by assets, discreetly acquired around $150 million worth of spot Bitcoin exchange-traded funds (ETFs). This investment...

Intellect expands sales leadership with the appointment of John Owen as president for the western hemisphere to drive eMACH.ai growth

Intellect Design Arena Ltd, a global leader in first-principle-based enterprise-grade financial technology, has strengthened its Global Sales Leadership by appointing John Owen as President for the Western Hemisphere (Americas, Europe, and the UK). In his new role, John Owen will lead...

Santander, global leader in export finance for third year running

Santander Corporate & Investment Banking (Santander CIB) ended 2024 as the world's leader in export finance for the third year in a row, with...

RBI penalizes Karur Vysya Bank and Federal Bank for serious compliance failures

The Reserve Bank of India (RBI), through an order dated February 04, 2025, has levied a monetary penalty of ₹8.30 lakh (Rupees Eight Lakh...

RBI MPC update: Stock Market and experts express mixed reactions to the RBI rate cut

RBI MPC update: Rate cut fails to cheer markets     Devarsh Vakil - Head of Prime Research, HDFC Securities: In a watershed moment for India's monetary...

RBI MPC Update:The repo rate has been reduced by 25 basis points from 6.50% to 6.25%. The central bank forecasts GDP growth at 6.7%...

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) unanimously decided to cut the repo rate by 25 basis points from 6.50% to...

UBS Global Entrepreneur Report 2025

UBS today published its first Global Entrepreneur Report, based on a survey of 156 UBS entrepreneur clients and network members across a full range...

RBI MPC update: Economist predicts rate cut in upcoming MPC meeting

In a significant development for India’s economic landscape, leading economists anticipate a potential rate cut in the upcoming Reserve Bank of India (RBI) Monetary...

Overland Advantage and Wells Fargo lead senior secured credit facilities to FFF enterprises, Inc.

Advantage ("Overland"), a business development company with a differentiated direct lending approach that benefits from a strategic relationship between Centerbridge Partners and Wells Fargo,...

Economic Survey: India’s GDP expected to grow between 6.3% and 6.8% in FY26

The Economic Survey of India 2024-25, presented on January 31, 2025, provides an in-depth assessment of the country’s economic performance and forecasts for the...

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Council for Economic Education announces 2025 national economics challenge

The Council for Economic Education (CEE) today announced the return of the highly anticipated National Economics Challenge (NEC) for 2025. The National Economics Challenge...

ServiceLink survey reveals Gen Z Is primed to buy, but tolerance for high costs Is waning

A new report released today from ServiceLink, the nation's premier provider of tech-enabled mortgage services, revealed that Gen Z remains eager and ready to buy...

Umpqua Bank expands in Colorado with first retail branch and commercial office location in Denver

Umpqua Bank, a subsidiary of Columbia Banking System, Inc., today announced the opening of its first retail branch and commercial office in Denver, Colo.,...

AI-powered Tomo Mortgage raises $20M with backing from Progressive insurance

AI-powered  Tomo Mortgage, the fast-growing digital mortgage lender, today announced that it closed its $20 million Series B financing round, bringing its total investment to date...