At the launch of IMF book on India's Financial System, Antoinette M Sayeh said, "The country has impressed the world in fostering financial inclusion through its public digital infrastructure. Just a decade ago, local shops were filled with people buying and selling goods with cash. Today, f
Pune (Maharashtra) [India], April 26 (ANI/NewsVoir): A fixed deposit (FD) is one instrument that offers healthy returns on your deposit. This is because it is unaffected by market movements. Banks, Post offices and Non-Banking Financial Companies (NBFCs) all offer FD. With company FDs, along
Bengaluru (Karnataka) [India], April 26 (ANI/BusinessWire India): Perto, a leading terminal vendor that deploys ATM terminals for banks across Asia, was helped by Payhuddle in its UnionPay International (UPI) contactless kernel development and qualification.
Mumbai (Maharashtra) [India], April 25 (ANI/PNN): Mukesh Patel, Chairman, Greenlab Diamonds has recently been awarded the Special Recognition Award for its Valuable Contribution to the Lab Grown Diamond Sector in India at the 49th Edition of India Gem & Jewellery Awards (IGJA2022). Organ
The collapse of a few regional banks in the US, which started with Silicon Valley Bank, and the takeover of the crisis-hit Credit Suisse Bank by the Union Bank of Switzerland (UBS) have sent ripples across the global banking industry and posed fears of a contagion effect across economies.
Inflation in Asia is moderating and the central banks in the region are likely to cut interest rates to support economic growth come the fourth quarter of 2023 (October-December), Morgan Stanley said in a report.
Pune (Maharashtra) [India], April 22 (ANI/NewsVoir): A fixed deposit (FD) is one instrument that offers secured returns on your deposit. This is because it is unaffected by market movements. Banks, Post offices, and Non-Banking Financial Companies (NBFCs) all offer FD. Since bank and post of
The central bank statistics reflect an increase in credit for Islamic banks to AED 396.9 billion at the end of January 2023, an annual increase of 3.5 percent compared to nearly AED 383.36 billion in January 2022, and an increase of nearly AED 13.3 billion in 12 months.
In order to facilitate cross-country transactions, Sonali Bank and Eastern Bank will open accounts in the State Bank of India and ICICI Bank. The two Indian banks will also open similar accounts in the two Bangladeshi banks, as per the news report.
The Badrinath Dham, part of the 'Char Dham' pilgrimage yatra, located in Garhwal hill tracks in the Chamoli district along the banks of the Alaknanda River was seen enveloped in snow on Thursday morning.
New Delhi [India], April 19 (ANI/PRNewswire): Credgenics, a leading provider of SaaS-based debt collections and resolution technology platform has announced that it has achieved operational profitability in its fourth year of operation. The company's success is attributed to its innovative a