RIYADH: The Saudi Central Bank, also known as SAMA, announced the issuance of the Financial Institutions Services Fee Guide, which will replace the currently...
RIYADH: Saudi Arabia’s Social Development Bank disbursed SR6.5 billion ($1.73 billion) in financing in the first nine months of 2025, benefiting over 90,000 citizens...
In 2025, the global credit market is undergoing a fundamental transformation. Artificial Intelligence (AI)-driven credit scoring models are rewriting the rules of who gets...
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...
