Bad loans in the Philippine banking system climbed to a nine-month high in August, as lenders—squeezed by narrower margins from falling interest rates—may have turned to riskier retail borrowers in…
HDFC Bank has announced a reduction in its Marginal Cost of Funds-based Lending Rates (MCLR), a move that is likely to benefit borrowers with loans linked to this benchmark.
As Xavier P. Loinaz or “XP” joined his Creator, tributes continued to pour in for the banking luminary who had served as CEO of Bank of the Philippine Islands (BPI)…
The Reserve Bank of India (RBI) has increased the limit for Initial Public Offering (IPO) financing from 10 lakh to 25 lakh per investor.
The Reserve Bank of India (RBI) has proposed a shift from a flat-rate to a risk-based deposit insurance premium structure.
Under BJP leader Pravin Darekar, Mumbai Bank has launched zero percent interest loans for women recipients of the Chief Minister Ladki Bahin Yojana, coinciding with the rollout of QR code…
U. K. banks are commencing a live pilot phase for tokenized sterling deposits, a move that represents a concrete step toward modernizing the core infrastructure of the United Kingdoms financial…
The Central Bureau of Investigation (CBI) has initiated a probe against a private firm for allegedly causing loss of over Rs 16 crore to the State Bank of India.
The man was confined to his home and was allowed to go out only to visit banks and transfer funds to the scammers, who posed as officers from the Enforcement…
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