After suffering from seething government and disturbing bad loan difficulties, Indian banks have established themselves in a much stronger position, as balance sheets and profits have rebounded markedly, noted CLSA (formerly known as Credit Lyonnais Securities Asia), a capital markets and in
In its report on key financial stability indicators for Q1-24, released today, the Central Bank of the UAE (CBUAE) stated that the value of these liquid assets increased on a quarterly (q-o-q) basis by 5.7 per cent, or AED42.7 billion, compared to approximately AED743.95 billion at the end o
The liquid assets in the UAE banking sector stood at AED786.6 billion at the end of Q1-24, marking a year-on-year increase of 28.2 per cent, or AED172.8 billion, compared to approximately AED613.8 billion at the end of Q12023.
New Delhi [India], June 13: The rise of globalization has enabled individuals to work and live abroad, creating a need for cross-border financial management. Non-Resident Indians (NRIs), for instance, face a complex financial landscape that requires careful planning and adherence to regulati
New Delhi [India], June 13: To redefine the banking experience and adapt to the customers' demand, Bank of Maharashtra is offering Mahamobile Plus a comprehensive mobile banking app designed to provide seamless banking experience, offering a range of features such as account management, fund
New Delhi [India], June 12: Tuljabhavani Urban, a pioneering financial institution founded by Chandrakant Prakashrao Shejul in 2011, has completed 14 years of dedicated service to the rural community. With a steadfast vision to bridge the banking gap in rural areas, Tuljabhavani Urban has gr
New Delhi [India], June 12: Acquiring better terms on a personal loan could impact economic well-being significantly. The digital era has seen a rise in the popularity of personal loan apps as means of accessing financial services. These applications are provided by various banks and NBFCs i
Bangalore (Karnataka) [India], June 10: Novo is delighted to announce the appointment of Ekta Grover as the Group Product Manager. Based at our Bangalore office, her role will be instrumental in enhancing customer interactions and operational efficiencies. She will focus on optimising exchan
India's banking system is robust and the gross NPA (Non-Performing Assets) of the schedule commercial banks and NBFCs are below 3 per cent highlighted RBI (Reserve Bank of India) Governor Shaktikanta Das during the Monetary policy announcement on Friday.
Bengaluru (Karnataka) [India], June 7: Banking customers in metros and non-metros increasingly expect complimentary offers and value-added services as part of their premium savings accounts, whereas higher insurance coverage is important in non-metros, as per a survey conducted among premium
Nairobi [Kenya]/ Noida (Uttar Pradesh) [India], June 6: PureSoftware is proud to announce that it has been honoured with the esteemed 'Best Banking-as-a-Service Platform of the Year' award at the prestigious 14th Africa Bank 4.0 Summit 2024 conducted by BII. The award recognises PureSoftware
Hyderabad (Telangana) [India], June 5: Tectoro Consulting Private Limited ("Tectoro"), a leader in cloud-native products and enterprise solutions, proudly announces receiving the prestigious Growth Accelerator Award from Google. This accolade recognises Tectoro as the fastest global driver o