Understanding Neobanks: The Rise of Digital-Only Banks Revolutionizing Finance
Explore how neobanks are reshaping finance through innovation.
Received a Cheque? Discover Easy Tips to Ensure It Won't Bounce Later
Learn how to verify if a cheque may bounce before cashing
UAE Banking Sector's Net International Reserves Up 8.1% in H1 2024
Net international reserves of the UAE’s banking sector grew by 8.1%, or AED 92.3 billion, in the first half of 2024 (H1 2024).
RAKBank Completes First Cross-Border Payment with mBridge
RAKBank completes its first cross-border payment with mBridge technology.
A Complete Guide to Business Loans and Financing
Explore essential insights into business loans, types, benefits, and financing tips.
Saudi Investors Launch $200M Fund to Boost Gulf Startups
American actress Khalilah Camacho Ali is seen using a CANGo smart cane, a device produced by a company supported by Waad. This advanced cane exemplifies innovat
RBI Proposes NBFCs, Co-op Banks Under Operational Risk Norms
On Tuesday, the Reserve Bank of India (RBI) issued a guidance note on Operational Risk Management and Operational Resilience.
Alphabet's Python Team Axed in Google Layoffs, Report Says
"Google's cost-cutting measures include laying off the entire Python team, led by Sundar Pichai at Alphabet, amid concerns over outsourcing and expenses."
Government Considers Stake Sale in Five PSBs Amid Low Public Float
Govt's large stakes in five PSBs, buoyed by capital infusion from FY17 to FY22 to offset NPA-related stress, could be up for sale.
HDFC Bank CEO Embraces Slow Growth Amid Fierce Competition
HDFC Bank announces Rs 1,500 crore ex-gratia payment to staff for merger efforts
HDFC Bank Q4 2024 Results Live: India's Top Private Lenders Earnings Out on April 20
HDFC Bank Q4FY24 Results: Strong Net Profit Growth Expected, Live Updates on April 20.
Axis Bank: Implementing Bear Put Spread Option Strategy
Axis Bank's MACD momentum indicator shifts bearish, signaling short-term downtrend ahead.
Banks expect Q4 NIM to dip due to liquidity constraints
Adjusted systemic loan growth is expected to slow to 15–15.5% YoY from 17-18% YoY, as per RBI trend and progress data for FY23.
Punjab National Bank Records 11.5% Loan Growth in Q4; BoB's Surges 12.4%
Punjab National Bank's total business surged 8.8% to Rs 23.56 lakh crore, up from Rs 21.65 lakh crore by March 31, 2023.
Consumer Confidence High: RBI Survey Shows Optimism in Economy
RBI projects FY2025 inflation at 4.5%: Q1 4.9%; Q2 3.8%; Q3 4.6%; Q4 4.5%.
Paytm Stocks Drop 4% as Payments Bank CEO Surinder Chawla Resigns
Paytm Share Price Plummets Over 50% Since RBI's Action on Banking Arm
Bain Capital Plans $429 Million Stake Sale in Axis Bank, According to Term Sheet
In December, Bain Capital divested shares valued at $448 million in Axis Bank, marking a significant transaction in the banking sector.
Das emphasizes: Banks must enhance presence in derivative markets
Highlighting the limited participation of Indian banks in the derivatives market,
RBI permits prepaid payment instruments to use third-party UPI apps for making payments
RBI MPC decides: Prepaid cards to link with third-party UPI apps for enhanced user convenience.
Optimistic Growth Outlook: RBI Economic Surveys Point to Positive Signs
RBI surveys show positive macroeconomic sentiment trends across segments, indicating improvement.
UAE Bank Reserves Reach Dh500 Billion
86.5% of UAE Bank Capital, Reserves from National Banks
RBI Revokes Registration of Four Non-Banking Financial Companies
RBI Revokes Registration of Four NBFCs Including Uttar Pradesh's Kundles Motor Finance Pvt Ltd, Tamil Nadu's Nithya Finance Ltd.
The World Bank estimates that 10 million Pakistanis are in danger of becoming impoverished.
Pakistan faces poverty crisis, warns World Bank.
RBI Monetary Policy Tomorrow: Timing, Live Streaming, & Details
RBI's Monetary Policy Committee meets Apr 3-5. Decision on Apr 5, 10am. Expected to hold repo rate at 6.5% due to inflation
AU Small Finance Bank and IDFC First Bank reduce credit card benefits. What's the impact?
AU Small Finance Bank (SFB) and IDFC First Bank have both declared a cutback in benefits offered on their credit cards.
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