India’s deposit insurance framework needs an urgent recalibration. The threshold of Rs 5 lakh is inadequate in the current economic landscape where deposit sizes...
The Reserve Bank of India (RBI) has removed business restrictions imposed on Kotak Mahindra Bank Ltd. (KMB) following satisfactory compliance with regulatory requirements. The bank can now resume issuing credit...
UAE residents can now deposit and withdraw UAE dirhams against cryptocurrencies they are holding.
Crypto.com and Standard Chartered Bank have tied up to enable near-real-time...
The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) at 5.40%.
This decision...
The Saudi Export-Import (EXIM) Bank and the Saudi National Bank (SNB) signed an insurance agreement to enhance documentary credits and a major Murabaha agreement...
