Browsing: Banking

India’s reserve of foreign currency surged by $10.470B to reach $636.095B by the week ending on March 8, as per the most recent data disclosed by the Reserve Bank of India (RBI).

China’s central bank declared on Friday its decision to maintain the status quo on a crucial policy rate, while withdrawing funds from a medium-term policy loan operation.

On Wednesday, as part of an initiative to enhance the operational capacity of the central bank, the Union Government has waived customs duty and agricultural cess on specific gold imports made by the RBI.

The Board of Directors at United Arab Bank (UAB) has unanimously chosen Sheikh Mohammed bin Faisal bin Sultan Al Qassimi as the new Chairman, succeeding Sheikh Faisal bin Sultan bin Salem Al Qassimi, who led the Board for almost fifty years. This selection underscores the bank’s and its shareholders’ commitment to innovation and growth amid ongoing developments in the banking industry, marking a new era of success.

Abu Dhabi, United Arab Emirates – The CEOs Advisory Council of UAE Banks Federation (UBF),…

Dubai, United Arab Emirates (UAE): Visa (NYSE:V), a world leader in digital payments, has unveiled…

Industry professionals and crypto enthusiasts from all over the world anticipate the upcoming Blockchain Life…

Abu Dhabi, United Arab Emirates; 15 February 2024: On the occasion of the 60th anniversary…

Emirates NBD has established the criteria for SMEs participating in the initial AED 15M phase of the AED 500M Dubai International Growth Initiative, as outlined in a press release.

In what is considered a significant relief for Indian-born entrepreneur Bavaguthu Raghuram Shetty, commonly known as BR Shetty, an Indian High Court has declared the practice of allowing heads of public sector banks in India to issue lookout circulars (LOC) as invalid.