‘Lower-value human’: Standard Chartered CEO’s remark sparks outrage as bank plans job cuts in India, other hubs

Standard Chartered’s plan to cut nearly 7,800 jobs globally by 2030 has triggered a fierce backlash online after CEO Bill Winters described some roles as “lower-value human capital” while outlining the bank’s AI-driven overhaul.The London-headquartered lender, which has major back-office operations in India, said it would eliminate around 15 per cent of corporate-function roles over […]

UAE Central Bank grants first crypto payment licence to Crypto.com | World News

UAE tightens grip on regulated crypto economy with Crypto.com deal / Image: file The UAE has taken another major step toward becoming a global digital finance hub after Crypto.com became the first cryptocurrency platform to receive a Stored Value Facilities (SVF) licence from the Central Bank of the UAE.The licence was granted to the company’s […]

‘Come in person’: How a bank gave Pope Leo a reality check | World News

Street vendors sit in front of a billboard displays an image of Pope Leo XIV, ahead of his upcoming visit to Lebanon, at a highway in Beirut, Friday, Nov. 21, 2025. The Arabic words read:”The Pope of peace.” (AP Photo/Hussein Malla) Becoming Pope changes many things. It gives a man a new name, a new […]

Novus Loyalty zooms on bagging Rs 88 crore contract from Central Bank of India

Mumbai, April 17 (Udaipur Kiran): Novus Loyalty is currently trading at Rs. 185.70, up by 5.75 points or 3.20% from its previous closing of Rs. 179.95 on the BSE. The scrip opened at Rs. 184.50 and has touched a high and low of Rs. 195.00 and Rs. 184.50 respectively. So far 181000 shares were traded […]

Network People Services surges on bagging AI-powered RIDP order from public sector bank

Mumbai, April 9 (Udaipur Kiran): Network People Services Technologies is currently trading at Rs. 1240.95, up by 20.30 points or 1.66% from its previous closing of Rs. 1220.65 on the BSE. The scrip opened at Rs. 1249.85 and has touched a high and low of Rs. 1283.70 and Rs. 1227.70 respectively. So far 878 shares […]

‘Put the matter behind…’: Bank of America agrees to pay $72.5 million to Epstein victims after years of legal battle

Bank of America has agreed to pay $72.5 million to settle a civil lawsuit brought by women who accused the bank of enabling sexual abuse and sex trafficking linked to convicted pedophile Jeffrey Epstein. The settlement was disclosed in court filings on Friday and still requires approval from a federal judge.The lawsuit was filed in […]

Bank Holidays Ahead: Limited Banking Services This Week

Mumbai, March 26: Many banks across the country are closed today, March 26, in observance of Ram Navami. Major cities including Mumbai, Ahmedabad, and Kolkata will see bank branches shut down. According to the Reserve Bank of India (RBI) calendar, banks will remain closed in several key locations such as Ahmedabad, Aizawl, Belapur, Chandigarh, Dehradun, […]

Eid Bank Holiday Date Confusion Cleared | Udaipur Kiran

New Delhi, March 20, 2026 (Udaipur Kiran): Confusion among bank customers regarding holidays for Eid 2026 has now largely been resolved. Customers are advised to check state-wise holiday schedules and complete important banking work in advance. As per the holiday list of the Reserve Bank of India, banks will remain closed on March 20, 2026, […]

Bank of Baroda trades in green on incorporating wholly owned subsidiary

Mumbai, March 16 (Udaipur Kiran): Bank of Baroda is currently trading at Rs. 281.50, up by 0.40 points or 0.14% from its previous closing of Rs. 281.10 on the BSE. The scrip opened at Rs. 279.30 and has touched a high and low of Rs. 282.85 and Rs. 272.50 respectively. So far 342095 shares were […]

UAE makes history: Central Bank launches world’s first sovereign financial cloud with AI for secure digital finance

Game-Changer for Global Finance? UAE Unveils World’s First AI-Powered Sovereign Cloud to Guard Banks and Data In a bold leap that could redefine how modern financial systems operate, the Central Bank of the United Arab Emirates (CBUAE) has announced the launch of what it calls the world’s first sovereign financial cloud services infrastructure, a secure […]