The Department of Financial Services (DFS) which functions under the Finance Ministry reviewed the progress of credit disbursement to agri-allied activities such as animal husbandry, dairying and fisheries with Public Sector Banks (PSBs), NABARD and State/ UT Level Bankers' Committee.
Amsterdam [Netherlands]/ Singapore, November 6: MODIFI, a leading global platform in B2B Buy Now, Pay Later (BNPL) solutions, today announced the successful completion of a USD 15 million funding round led by SMBC Asia Rising Fund with participation from existing investors Maersk, IntesaSanP
India's GDP growth for the second quarter of the current fiscal year could be around 6.5 per cent, according to a report by the State Bank of India (SBI).
The Directorate of Enforcement's Lucknow Zonal Office has provisionally attached 86 land parcels (73.34 hectares) worth Rs 31.94 crore belonging to Shri Lakshmi Cotsyn Limited in Lakshmi Cotsyn Bank fraud case under the provisions of Prevention of Money Laundering Act (PMLA), 2002.
Union Minister Shivraj Singh Chouhan on Tuesday expressed concern over Bangladeshi infiltrators and said that they have been entering the state and are rapidly becoming a danger to the state of Jharkhand. He slammed the JMM-Congress govt in Jharkhand saying that they use infiltrators as thei
The loan from the International Bank of Reconstruction and Development (IBRD), the multilateral development bank World Bank's lending arm, has a final maturity of 23.5 years, including a grace period of 6 years.
India Ratings and Research (Ind-Ra) has published the October 2024 edition of its Credit Market Tracker. The report comments on the systemic and market liquidity with insights on interest rate transmission, short-term yields, and aggregate mutual fund sectoral debt exposure.
Jalandhar Zonal Office filed a Prosecution Complaint before the Special Court (PMLA), Mohali against Charanjit Singh Bajaj and four other accused including the company Pure Milk Products Private Limited (PMPPL) in a money laundering case related to bank fraud of Rs 62.13 crore, said official
Mumbai (Maharashtra) [India], November 5: IDFC FIRST Bank has become the first Indian bank to offer a real-time tracking service, in association with Swift, for money sent abroad. This is available on the bank's award winning Mobile Application and Internet Banking platforms. This marks a si
A significant milestone has been achieved by the UAE banking sector. As of July 2024, the total capital and reserves of banks operating within the UAE exceeded AED500 billion for the first time.
Bharatiya Janata Party (BJP) leader Sidharth Nath Singh on Tuesday condemned the attack on a Hindu temple in Canada and accused the Justin Trudeau government of supporting Khalistanis for "vote bank politics."