This MoU will facilitate the users of both countries, which would be as seamless as a domestic transaction using a beneficiary identifier (mobile number / VPA).
The Central Bank of the UAE (CBUAE) announced the conclusion of administrative measures it had previously imposed on a bank operating in the UAE. This is a result of the bank’s adherence to the directives of the CBUAE with regard to the appointment of a consultant to take action and remediat
The Central Bank of Afghanistan has initiated the promotion of the Afghani currency in the country’s southwestern region since last week and is likely to ban the use of Pakistani currency soon, reported Khaama Press.
Chennai (Tamil Nadu) [India], September 5: The MSME Promotion Council organized the MSME Business Scale-Up Summit in Chennai's Crown Plaza Hotel. During the event, all members of the Tamil Nadu team took an oath, including Tamil Nadu Chairman M. V. Chaudhary and other designatory. Entreprene
The Central Bank of the UAE's public budget reached an all-time high of AED650 billion by the end of June 2023, as revealed by its latest fiscal report.
The Central Bank of the UAE (CBUAE) imposed a financial sanction on an exchange house operating in the UAE, pursuant to Article 14 of the Federal Decree-Law No.20 of 2018 on Anti-Money Laundering and Combating the Financing of Terrorism and Financing of Illegal Organisations, and Article
The administrative sanctions are the result of the examinations’ findings conducted by the CBUAE, revealing serious regulatory misconduct, including AML misconduct and collusion in evading CBUAE’s instructions to the exchange house not to engage in remittance transactions with certain countr
The Economic Offences Wing of Delhi Police on Saturday arrested an absconding couple accused of forging documents in an alleged case of mortgaging the same property with a consortium of banks, police informed through a statement.
The Central Bank of Sri Lanka (CBSL) has clarified certain misrepresentations of facts currently circulating in the public domain on Indian Rupee (INR).
The Central Bank of the UAE (CBUAE) has decided to raise the Base Rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points – from 5.15 to 5.40 per cent, effective from Thursday, 27th July 2023.
The UAE’s real GDP growth accelerated during 2022 due to a robust recovery in non-oil GDP and a sizable expansion of oil GDP, according to the Financial Stability Report for 2022 released today by the Central Bank of the UAE (CBUAE)