SAMA’s new fees guide reduces banking, Mada card, financing, check, transfer, and document fees nationwide/Image: X Saudi Arabia has taken a major step to make banking more affordable and transparent. The Saudi Central Bank, known as SAMA, has unveiled a comprehensive new fees guide for financial institutions. The updated framework slashes customer fees, caps charges […]
Fake QR codes on Dubai parking signs can steal personal and bank details if scanned unknowingly/Representative Image A new scam has surfaced in Dubai’s parking areas, where scammers are placing fake QR codes on parking signages to trick drivers into making payments through fraudulent links. These counterfeit codes can capture personal and banking information, exposing […]
Mumbai, December 11 (Udaipur Kiran): Shares of Bank of India (BoI) surged on Thursday after the bank successfully raised Rs 2,500 crore through Basel III-compliant Tier II bonds to support its business growth. The stock was trading at Rs 141.05 on the BSE, up by 2.85 points or 2.06 per cent from its previous close […]
Central Bank rate cut brings relief for UAE borrowers / Image: File The Central Bank of the UAE lowered its base rate for the Overnight Deposit Facility (ODF) by 0.25 percentage points, from 3.90% to 3.65%, following a similar move by the US Federal Reserve. The cut takes effect immediately and is described by the […]
UAE clarifies Nafis rules affecting bank loan eligibility / Image: @centralbankuae The Central Bank of the UAE has formally clarified that Nafis payments and incentives are time-limited, conditional and cannot be relied upon as guaranteed income when assessing loan eligibility, though banks may consider them on a strict case-by-case basis under clear rules. UAE: Nafis […]
Jaipur, 9 December (Udaipur Kiran) – The Anti-Corruption Bureau (ACB) team from Kota arrested Atul Singh, Assistant Manager of Rajasthan Rural Bank, Ayana branch in Kota district, for accepting a bribe of forty thousand rupees on Tuesday. According to Police Director General Govind Gupta, ACB Kota received a complaint stating that a borrower had applied […]
Mumbai, December 9 (Udaipur Kiran): Shares of IDFC First Bank Ltd were trading higher on the BSE on Tuesday after the bank announced the launch of its new premium secured credit card. The stock was trading at Rs 80.76, up by 1.62 points or 2.05 per cent from its previous close of Rs 79.14. The […]
Israeli security forces took up positions inside the West Bank city of Tubas on Wednesday and ordered some Palestinian residents to leave their homes, the latest assault in a months-long campaign across cities of the northern West Bank.Tubas Governor Ahmed Al-Asaad told Reuters Israeli forces, backed by a helicopter that had opened fire, were encircling […]
New Delhi, 24 November (Udaipur Kiran): NBCC (India) Ltd jumped over 4 percent in early trade on Monday after the company announced that it has secured an order worth Rs 45.09 crore from Canara Bank. The stock was trading at Rs 117.95 on the BSE, up 4.66 percent from its previous close of Rs 112.70. […]
The Central Bank of Oman unveiled a new Omani Rial symbol, boosting global recognition and credibility/Image: X The Central Bank of Oman (CBO) has unveiled an official symbol for the Omani Rial, a move that strengthens the currency’s identity and signals Oman’s growing stature in global finance. The symbol is designed to unify the representation […]
