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CENTRAL BANK OF BAHRAIN
RBI sweetens FCNR deposits: NRIs can now earn up to 7% on dollar savingsFor the first time in years, the math is actually working for non-resident Indians to invest dollar savings in India.- Rupee drops to 95.76 vs USD on dollar demand from oil cos, nearly erases RBI-led gainsThursday saw the Indian rupee slip against the U.S. dollar, negating earlier improvements that were supported by measures from the central ...
- Gold slides 3% as Middle East escalation fuels inflation, rate-hike concernsGold prices dropped over 3% as escalating U.S.-Iran tensions fueled inflation and interest rate hike fears. Investors awaited key U.S. data...
- Rupee ends nearly flat on competing oil, intervention and NDF maturity cuesThe Indian rupee saw little change on Wednesday. Traders noted oil price swings and strong dollar demand. The Reserve Bank of India likely ...
- FIIs, weak global cues among 5 factors that could keep D-St under pressure this weekIndian stock markets may remain under pressure this week amid persistent FII selling, weak global cues, rising geopolitical tensions in Wes...
- MPC Forex Level: India’s forex reserves remain healthy at $682.3 billion, says RBI Governor Sanjay MalhotraIndia's foreign exchange reserves are strong at $682.3 billion. The Reserve Bank of India has used these reserves to stabilize the rupee. D...
- Collapse is near: Trump's window to resolve Iran crisis closing fastWest Asia tensions are escalating, impacting global markets. Iranian attacks and US strikes near the Strait of Hormuz are disrupting oil su...
- Iran fires missiles, US strikes Iran facility after reports of faltering peace talksIran's paramilitary Revolutionary Guard said it had targeted the headquarters of the US Navy's 5th Fleet in Bahrain and another country in ...
- Gold eases on stronger oil as fresh Mideast hostilities eruptGold prices dipped on Wednesday as escalating Middle East tensions fueled crude oil gains, intensifying inflation and interest rate hike co...
- US stock market crashes today: What’s happening with Dow Jones, S&P 500 and Nasdaq as $200 billion vanishes in minutes from US stocks - Dow plunges 565 points, all sectors sink while oil surges with WTI up 3.4% and Brent jumping 5%US stock market crashes today. Investors are asking what’s happening with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite. ...
- Cyberattacks surge across UAE amid Iran conflict, businesses face disruptions and rising risksCyberattacks are surging across UAE and Gulf. Financial services, government platforms, and utilities face a sustained wave of breaches. Cy...
- India says attacks on commercial ships in Strait of Hormuz are 'deplorable'India's UN envoy condemned attacks on commercial ships in the Strait of Hormuz. She stressed the importance of freedom of navigation and gl...
- UAE asks US for a wartime financial lifeline as Iran conflict drags: ReportThe United Arab Emirates is in discussions with the United States regarding a potential financial backstop. This measure is being considere...
- 12 Indians to stand trial in money-laundering case in BahrainTwelve Indians, arrested in Bahrain in connection with a major money-laundering operation, will go on trial from tomorrow.
- HDFC opens its first overseas branch in BahrainHDFC Bank on Wednesday announced the inauguration of its first overseas full-fledged commercial branch in Bahrain.
- HDFC Bank to enter Bahrain by the middle of the yearHDFC Bank has unveiled plans to foray into Bahrain by the middle of the year, following Bank of Baroda's re-entry into the Kingdom after 18...
- Bank of Baroda returns to Bahrain after 15 yearsBank of Baroda, which closed its offshore banking unit in Bahrain in 1993, will return to the Gulf nation by opening a full fledged branch ...
- ICICI Bank launches phone-based remittance in BahrainThe country's second largest lender, ICICI Bank, on Wednesday announced the launch of a cost-effective money transfer service for its custo...
- Bank of Baroda gets nod for Bahrain branchBahrain has granted a license to Bank of Baroda (BOB) to establish a wholesale branch in the Gulf country.
- ICICI gets full commercial licence in BahrainICICI Bank has been granted a full commercial branch (FCB) licence by the Central Bank of Bahrain (CBB), the second Indian bank after State...
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