[ad_1] Udaipur (Udaipur Kiran News): Commenting on the Reserve Bank of India’s latest Monetary Policy, Sakshi Gupta, Chief Economist at HDFC Bank, said that there is now space for further policy easing, supported by the continued moderation in domestic inflation. She noted that the RBI delivered a well-balanced policy, keeping the policy rate unchanged amid […]
[ad_1] The Saudi Central Bank now allows bank accounts to be opened using a verified Visitor ID/Representative Image The Saudi Central Bank (SAMA) has updated its banking regulations to allow visitors to open bank accounts using their Visitor ID, an official document issued by the Ministry of Interior. This move is designed to improve the […]
[ad_1] HDFC Bank’s Dubai branch continues serving 1,489 existing customers; business deemed immaterial to overall bank operations and finances/ AI Image for illustrative and creative purposes only HDFC Bank’s Dubai International Financial Centre has been barred from onboarding new clients or offering financial services to them, following regulatory action by Dubai’s financial watchdog. The action […]
[ad_1] US President Donald Trump assured Arab and Muslim leaders during a meeting on Tuesday that he would not permit Israeli Prime Minister Benjamin Netanyahu to annex the West Bank, as per sources familiar with the discussion, reports Politico. Ahead of his meeting with representatives from eight Arab and Muslim countries at United Nations headquarters, […]
[ad_1] Central Bank of India shares edged higher on Tuesday after the lender announced a strategic partnership with C2FO Factoring Solutions to boost Trade Receivables Discounting System (TReDS) services for MSMEs across the country. The stock was trading at ₹38.04 on the BSE, up 0.48% from its previous close of ₹37.86. During the day, it […]
[ad_1] Commercial banks in the GCC reached $3.5 trillion in assets, supported by a 9.6% increase in total deposits/ Image: WAM Commercial banks in Gulf Cooperation Council (GCC) countries closed 2024 with notable gains across all financial indicators. Backed by robust deposits, rising loan volumes, and sustained capital adequacy, the sector’s total assets reached $3.5 […]
[ad_1] JPMorgan Chase, America’s biggest bank, kept Jeffrey Epstein as a prized client for more than a decade even after he was a convicted sex offender, processing over a billion dollars in transactions and repeatedly ignoring internal alarms about suspicious activity. Executives debated, compliance officers warned, yet the bank continued to provide him with loans, […]
[ad_1] Mumbai, September 9 (Udaipur Kiran) — Shares of Infosys surged over 4 percent on Tuesday after its subsidiary Infosys Finacle, part of EdgeVerve Systems, announced the deployment of its Finacle Digital Banking Solution Suite for PT Bank CTBC Indonesia, a subsidiary of Taiwan’s CTBC Group. The suite has been deployed on a cloud-hosted model […]
[ad_1] New York, 3 September (Udaipur Kiran): Gold prices surged to historic highs on Tuesday, crossing $3,500 per troy ounce, as investors bet on a Federal Reserve interest rate cut and continued robust buying from foreign central banks. Gold futures climbed to an intraday high of $3,578, while spot gold traded above $3,516—both setting new […]
[ad_1] Sharjah Islamic Bank launched Ruwaad 2025 to train Emiratis through leadership courses, job rotations, mentorship, and technical skill-building/Image: WAM Sharjah Islamic Bank (SIB) has officially kicked off the new cycle of its flagship talent development initiative, Ruwaad 2025. The programme is tailored to nurture and prepare high-potential Emiratis for leadership roles in the banking […]
