RBL Bank has raised approximately $150 million through Foreign Currency Non-Resident (FCNR) deposits in June, as…
Tag: Banking
Singapore stocks decline 0.5% as local banks face losses
Singapore's benchmark Straits Times Index (STI) fell by 0.5% on Friday, losing 29.95 points to close…
Federal Bank Q1 net profit rises 37% to ₹1,177 crore
Federal Bank reported a net profit of ₹1,177 crore for the first quarter of the fiscal…
Bank7 aims for Sept. 3 close on Century Financial buyout
Bank7 expects to finalize its acquisition of Century Financial Services by September 3, 2023, as it…
Wall Street’s Big Eight Report Revenue Surge Amid Credit
All eight globally systemically important banks in the United States reported significant increases in revenues and…
Fairfax’s Interest in IDBI Bank Signals Lending Market Shift
Fairfax Financial Holdings is reportedly interested in acquiring a stake in IDBI Bank, which could provide…
PNC Bank raises cost forecasts amid revenue growth plans
PNC Financial Services Group raised its forecast for noninterest expenses to approximately 8.5% for 2026, up…
CSI acquires fintech Qolo to enhance treasury services
Computer Services Inc. (CSI) announced on Tuesday that it has acquired Qolo, a fintech specializing in…
BNY Mellon, Bank of America report strong AI-driven growth
The Bank of New York Mellon (BNY) and Bank of America reported significant financial results this…
RBI proposes data governance framework for banks, non-banks
The Reserve Bank of India (RBI) proposed on Wednesday that banks and non-banking financial companies (NBFCs)…