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Bank

UBS Successfully Finalizes Shift to Single U.S. Holding Company; Announces Highly Anticipated Swiss Entity Merger Timeline Update

PJdesk - 11/06/20240

UBS completes transition to single U.S. intermediate holding company; provides update on expected timing of Swiss entity merger UBS Group AG has completed the transition...

FinTech

Bond Platform Aspero’s CSR Initiatives Bolster Education and Chennai’s Tech Hub Ambitions

PJdesk - 11/06/20241

Aspero's CSR Initiatives Bolster Education and Chennai's Tech Hub Ambitions Aspero, a leading SEBI-registered Online Bond Provider Platform (OBPP), and the investment arm of the Yubi...

Bank

Bank of India Acquires 6.1% Stake in CCIL IFSC

PJdesk - 11/06/20240

The Bank of India has acquired a 6.125% stake in the newly incorporated Clearing Corporation of India Ltd. (IFSC), listed in the GIFT SEZ...

NBFC

Santander’s Zinia Secures Role as Exclusive Consumer Finance Provider for Apple in Germany

PJdesk - 11/06/20240

Santander's Zinia now provides consumer finance services for Apple in Germany Santander today announced that Zinia, its digital consumer finance platform, will become the new...

News

Singapore’s local business sentiment continues to improve in Q3 2024: SCCB

PJdesk - 10/06/20240

Singapore's business news update: Singapore's business sentiment continued its upward trend for the fourth consecutive quarter in Q3, as reported by the Singapore Commercial Credit...

Bank

The RBI has increased the bulk deposit limit for banks from Rs 2 crore to Rs 3 crore.

PJdesk - 10/06/20240

RBI in action The Reserve Bank of India (RBI) proposed revising the definition of bulk deposits, impacting both traditional banks and Small Finance Banks (SFBs)....

FinTech

One97 Communications, the parent company of Paytm, announces layoffs to enhance cost efficiency

PJdesk - 10/06/20240

One97 Communications news update: One97 Communications, the parent company of Paytm, announced on June 10 that it is laying off an unspecified number of employees...

Mutual Funds

Equity mutual funds achieved an extraordinary inflow of Rs 34,697 crore in May, according to AMFI data

PJdesk - 10/06/20240

Equity mutual funds Equity mutual funds inflows surged by 83.42 percent to a record high of Rs 34,697 crore in May, according to data released...

Stock

ABB files to voluntarily deregister and suspend SEC reporting obligations

PJdesk - 10/06/20240

ABB On May 23, 2023, ABB delisted its American Depositary Receipts (ADRs) from the New York Stock Exchange. In the period between June 1, 2023,...

MSME

MSME 45-day payment rule: Traders to petition new NDA government for an extension to 180 days

PJdesk - 09/06/20240

MSME news update: The Federation of All India Vyapar Mandal (FAIVM) will urge the new NDA government to extend the payment period for MSMEs from...

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