RBI may allow foreign banks 26% stake in Indian lenders, subject to policy norms; broader review under consideration. | One ...

# “Deltec placed its trust in Ibanera to act as a correspondent bank and transmit funds according to clear instructions. Instead, Ibanera has withheld over $20m entrusted to it - an amount it refuses ...

RBI Governor Sanjay Malhotra says rate transmission has been effective; hints at allowing foreign banks to own up to 26% ...

Kotak Mahindra Bank’s Phani Shankar, President and Chief Credit Officer has tendered his resignation from the services of the ...

Dubai's largest lender, Emirates NBD , has gained a significant edge in its pursuit to acquire a majority stake in IDBI Bank, ...

MUMBAI] A slump in India’s retail inflation to six-year lows and a likely drop to a record low in July is prompting calls for at least one more interest rate cut this year, with many analysts saying ...

Its Pathfinder programme and AI governance handbook will accelerate responsible AI adoption. The central bank will also start ...

The examination period for a 3GW offshore wind cluster in the North Sea has been completed, marking another step towards the ...

Inclusivity is another area of focus for some companies. Professional services firm EY, for example, introduced ...

DBS has appointed former Deutsche Bank Switzerland CEO Loic Voide to lead its private banking business in the Middle East and Africa, with effect from August 1.

Crypto exchange OKX has joined the Global Dollar Network, adding support for Paxos’ smaller USDG stablecoin. The move could ...