On Wednesday, the Supreme Court (SC) decided to revisit the Center's 2016 decision to implement demonetization. The Modi government's decision-making process has been called into question in a multitude of petitions, prompting...
After reporting a 52.89% increase in standalone net profit to Rs 703.71 crore in Q2 FY23 from Rs 460.26 crore in Q2 FY22, Federal Bank's share price increased by 5.01% to Rs...
The world economy is perilously close to entering a recession, according to World Bank President David Malpass, who also asked for targeted assistance for the poor.
"The growth rate, we’ve lowered our 2023...
A letter was addressed to IBA by 4 workmen Unions viz. AIBEA, NCBE, NOBW and INBEF, with the introduction of 5 Banking Days per week.
"it is indicated that for the purpose of...
In collaboration with Fiserv, Deutsche Bank launched Vert, which provides small and midsized businesses with comprehensive payment acceptance and banking services.
Vert blends traditional banking solutions with payment acceptance and processing, satisfying the...
Jin Yee Young has been appointed as Head of the International Private Bank (IPB) Asia Pacific (APAC), subject to relevant regulatory approvals, effective January 3, 2023. Located in Singapore, Young will also...
The World Bank (WB) has extended an unconditional loan of $250 million to the Supporting Andhra's Learning Transformation (SALT) project in recognition of the path-breaking reforms implemented by the State government, according...
A worldwide financial recession is becoming more likely as a result of economic headwinds, the leaders of the International Monetary Fund (IMF) and the World Bank said on Monday.
"There’s the risk and...
To work with different technology service providers, application service providers, and other comparable businesses in the sector, the National Payments Corporation of India (NPCI) has introduced the NPCI Partner Program (NPP).
This innovative...
As part of the annual automated information exchange, under which Switzerland has exchanged information with 101 countries about roughly 34 lakh financial accounts, India has received the fourth set of Swiss bank...
