Search For "financial system"
US says SWIFT sanctions 'always an option', not one Europe wishes to take
Updated : 4 years ago IST
Washington [US], February 25 (ANI): US President Joe Biden, in his address to the nation on Thursday (local time), said that removing Russia from the SWIFT international financial system is always an option but not one Europe wishes to take now.
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Tijoree launches Smart & Gamified Banking for India's Teens
Updated : 4 years ago IST
New Delhi [India], February 23 (ANI/Mediawire): Tijoree has launched India's first prepaid card targeted at teenagers that is combined with a market simulator to teach financial literacy in an exciting way. The card includes smart features that inculcate better spending habits, and exciting
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Cryptocurrencies are worse than Ponzi schemes, says RBI Deputy Governor
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], February 14 (ANI): Cryptocurrencies have specifically been developed to bypass the regulated financial system and it is akin to or even worse than Ponzi schemes, Reserve Bank of India (RBI) Deputy Governor T Rabi Sankar said on Monday.
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UNDP warns Afghanistan banking system on brink of collapse
Updated : 4 years, 3 months ago IST
New York [US], November 23 (ANI): A new UN report on Monday said Afghanistan's banking and financial systems are on the verge of collapse following the country's takeover by the Taliban.
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China's debt increasing, financial system struggle to manage burden: US co
Updated : 4 years, 3 months ago IST
Washington [US], November 18 (ANI): In the wake of Beijing's stimulus-led recovery from the COVID-19 pandemic, China's debt burden has further increased, stressing a financial system still struggling to manage an unprecedented debt expansion following the 2008 global financial crisis, US-Chi
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Reforms initiated in financial system, public sector banks over last 7 yea
Updated : 4 years, 4 months ago IST
New Delhi [India], November 12 (ANI): Prime Minister Narendra Modi on Friday said that in the last seven years, non-performing assets were recognized with transparency in the country and pointed out that multiple reforms were carried out in the financial system and public sector banks in
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New RBI schemes will give impetus to inclusive, responsive financial syste
Updated : 4 years, 4 months ago IST
New Delhi [India], November 12 (ANI): Reserve Bank of India Governor Shaktikanta Das on Friday said that RBI Retail Direct Scheme and Reserve Bank Integrated Ombudsman Scheme will provide further impetus to India's journey towards a more inclusive and responsive financial system.
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Brought over 200 million women into mainstream financial system: India at
Updated : 4 years, 5 months ago IST
New York [US], October 6 (ANI): India brought over 200 million Indian women into the mainstream financial system, promoting economic empowerment during the last two years even as it battled the Covid pandemic, which had gripped the world, the country said at the 76th session of the United Na
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Taliban appoints new acting Head for Afghanistan's central bank amid chaos
Updated : 4 years, 6 months ago IST
Kabul [Afghanistan] August 23 (ANI): After the Taliban's hostile takeover of Afghanistan, the terrorist group on Monday appointed Haji Mohammad Idris as the Acting Head of Da Afghanistan Bank (DAB), which is the central bank of the country.
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mBnk launches a Phygital Financial Services Marketplace for Bharat
Updated : 4 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 16 (ANI/PRNewswire): On the solemn occasion of India's 75th Independence Day, another quiet revolution has been sparked and gathering steam.
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Central bank digital currencies may disrupt financial systems: Fitch
Updated : 4 years, 9 months ago IST
London [UK], May 22 (ANI): The broader adoption of general-purpose central bank digital currencies (CBDCs) will present authorities with trade-offs between the associated risks and benefits, according to Fitch Ratings.
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US imposes sanctions on 7 individuals involved in financial operations wit
Updated : 4 years, 10 months ago IST
Washington [US], May 12 (ANI): The United States on Tuesday (local time) imposed sanctions on seven individuals involved in financial operations with the Hezbollah terror group in a move to continue impeding the group's ability to operate in the global financial system.
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