MoD signs MoUs to onboard four banks as SPARSH service centres

The Defence Accounts Department (DAD), which functions under the administrative control of the Ministry of Defence...

NIPL ties up with Central Bank of Peru for UPI-like system

NPCI International Payments Limited (NIPL) and the Central Reserve Bank of Peru (BCRP) have announced a partnership...

India's PhonePe UPI launched in Sri Lanka

Central Bank of Sri Lanka Governor Nandalal Weerasinghe and India's High Commissioner to Sri Lanka Santosh Jha...

Hungary, UAE as gateway regions offer new opportunities for globa

The emergence of "gateway regions" such as Hungary and the UAE is a new opportunity for the global economy during a...

UAEFTS processed transactions worth AED3 trillion in Jan-Feb 2024

The gross value of interbank fund transfers through the UAE Fund Transfer System (UAEFTS) rose to more than AED 3...

Gross banks' assets exceed AED 4.2 trillion milestone in February

Gross banks' assets in the country surpassed the AED4.2 trillion mark by the end February 2024, for the first time...

India leads foreign investment surge in Nepal

However, there's a notable gap between approved FDI and actual net FDI inflows in Nepal, as revealed by the latest...

PW Achieves Outstanding Success in IBPS Result 2024

New Delhi [India], April 8: Physics Wallah (PW), India's leading ed-tech platform, is proud to announce the...

Aggregate capital, reserves of UAE-based banks increase to AED500

The aggregate capital and reserves of banks operating in the United Arab Emirates (UAE) reached AED 500 billion at...

UAE: Banking sector sees surge in new savings deposits

Savings deposits in the UAE's banking sector, excluding interbank deposits, attracted around AED 25 billion to...

Monetary tightening measures by RBI stabilised G-sec yields: Nirmala Sitharaman

Sitharaman stated, "RBI, the central bank of India had a remarkable chequered history. Once in a century,...

UAE: CBUAE maintains Base Rate at 5.40 pc

The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit...