Wednesday, March 11, 2026

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JM Financial to consolidate holdings in debt syndication and distressed credit businesses

Over the past 15 years, JM Financial Group has gained significant expertise and built strong relationships in both the wholesale and distressed credit sectors. JM...

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...

BYJU’S faces fresh trouble as 62 former employees threaten Insolvency case over unpaid salaries

BYJU'S Faces Fresh Trouble In a new challenge for the troubled ed-tech firm BYJU'S, 62 former employees have united and sent a notice threatening to...

Italian InsurTech Wopta Assicurazioni raises total of €8m with latest funding round

Wopta Assicurazioni Closes €4.1m Series A Funding Round The latest funding round brings Wopta's total raised since its inception to approximately €8 million, according to...

ICRA report: Securitisation volumes estimated at about Rs. 45,000 crore for Q1 FY2025

ICRA report According to ICRA's estimates, the overall securitisation volumes, primarily originated by financial institutions, amounted to approximately Rs. 45,000 crore in Q1 FY2025. This...

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...

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Exito Media Concepts announces the 29th edition of the Cyber Security Summit – South Africa 2026

South Africa’s rapid digital expansion is reshaping how organizations operate, connect, and scale, bringing cybersecurity to the forefront of national and enterprise priorities. As...

Exito Media Concepts Announces the 45th Edition of the Digital Transformation Summit – South Africa 2026

South Africa is entering a pivotal phase in its digital transformation journey, driven by accelerating adoption of cloud technologies, artificial intelligence, data-driven decision-making, and...

Indian mutual fund industry sees steady growth in January 2026, crosses ₹81 lakh crore AUM milestone

The Indian mutual fund industry sustained its growth trajectory in January 2026, with the Net Assets Under Management (AUM) climbing to ₹ 81.01 lakh crore,...

Exito Media Concepts announces the 44th edition of the enterprise Tech Summit – Saudi Arabia 2026

Saudi Arabia is undergoing a defining phase in its digital transformation journey, powered by rapid advancements in AI adoption, cloud modernization, smart governance, and...