Elon Musk's social media platform X launched its banking service, X Money, on July 28, 2023,…
Tag: Banking
Bankers Support Fed Reforms, Favor Data-Driven Decisions
More than 80% of bankers support reforms at the Federal Reserve, according to a recent survey…
Foreign banks dominate FCNR(B) inflows under RBI scheme
Foreign banks accounted for a significant portion of the inflows into Foreign Currency Non-Resident (FCNR(B)) deposits…
CGSI downgrades OCBC to ‘hold’, raises target price to
CGS International (CGSI) downgraded OCBC Bank to a 'hold' rating in a research report released on…
Vietnam banks seek foreign funding amid growth ambitions
Vietnamese banks are facing challenges in financing the country's ambitious economic growth targets, prompting a push…
PNB Q1 Profit Surges 214%, Shares Hit Two-Month High
Shares of Punjab National Bank (PNB) rose 5.6% to ₹111.70 during trading on July 20, reaching…
Banks auction Wadia Realty’s Thane land for Go First dues
Lenders, led by Central Bank of India, have put Wadia Realty Pvt Ltd's nearly 95-acre land…
ICICI Bank outpaces HDFC in Q1FY27 earnings growth
ICICI Bank reported a nearly 20% year-on-year loan growth for the June quarter (Q1FY27), surpassing HDFC…
UOB appoints Judy Chan to lead Hong Kong private banking
United Overseas Bank (UOB) has appointed Judy Chan as managing director to spearhead its private banking…
China begins untangling banks from property sector risks
China is initiating a significant restructuring of its financial system to reduce the systemic risks associated…