Saleh attributed this success to the effective strategies implemented by the Central Bank of the UAE (CBUAE), establishing frameworks for sustained sector growth
Pune (Maharashtra) [India], January 16: Bank Exchange-Traded Funds (ETFs) have emerged as suitable investment options, gathering attention from savvy investors seeking exposure to the financial sector. These specialized funds offer a unique way to invest in the banking industry, providing se
New Delhi [India], January 16: In the dynamic landscape of India's financial sector, a seismic shift is underway as Banking as a Service (BaaS) takes center stage, eclipsing the erstwhile dominance of traditional banking. The winds of change are evident in the rapid proliferation of neobanks
Singapore, January 16: In a bold move to accelerate its digital transformation strategy, HNB General Insurance ("HNBGI") has announced the launch of Project Phoenix, a transformative initiative in collaboration with Azentio Software to implement a world-class Core Insurance System. This ambi
Reserve Bank of India (RBI) Governor Shaktikanta Das said on Thursday that India's banking sector as a whole has emerged stronger from the unprecedented challenges of the recent COVID-19 pandemic and the subsequent geopolitics.
Pune (Maharashtra) [India], January 11: Track today's gold rates effortlessly with Bajaj Finance and make informed decisions about gold investments and transactions.
Mangaluru (Karnataka) [India], January 11: Karnataka Bank, a pioneer in India's banking sector with a rich legacy dating back to 1924, is delighted to announce the upcoming grand inauguration of its 915th branch with a mini-lobby in Ayodhya, Uttar Pradesh. The event is scheduled to take plac
Mumbai (Maharashtra) [India], January 10: Hyderabad based Altmin Private Limited, the pioneer in manufacturing of cathode active material for Lithium-Ion Batteries in India, has announced an overall investment outlay of 100 million usd over the next five years. The company successfully secur
The penalty is a result of the bank's non-compliance with various directives issued by the RBI, including those pertaining to 'Loans and Advances to directors, relatives, and firms/concerns in which they are interested,' 'Placement of Deposits with Other Banks by Primary (Urban) Co-operative
According to RBI, this penalty, enacted through an order dated December 14, 2023, has been imposed due to the bank's non-compliance with RBI directives on 'Placement of Deposits with Other Banks by Primary (Urban) Co-operative Banks (UCBs),' 'Reserve Bank of India (Know Your Customer (KYC))
According to RBI, the penalty, dated December 13, 2023, has been enforced due to the bank's non-compliance with RBI directives concerning the 'Placement of Deposits with Other Banks by Primary (Urban) Co-operative Banks (UCBs)' and violations of Section 26A(2) read with Section 56 of the Ban
London [UK]/ Mumbai (Maharashtra) [India], January 4: LTIMindtree [NSE: LTIM, BSE: 540005], a global technology consulting and digital solutions company, announced integration of its subsidiaries; Syncordis and Nielsen+Partner to form a specialized Banking Transformation Practice (BTP). LTIM