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Iran to join BRICS development bank soon, central bank governor Abdolnaser Hemmati saysIran plans to join the New Development Bank soon. This move comes as the nation faces international sanctions and seeks alternative financi...
Nirmala Sitharaman calls on multilateral banks to lay BRICS for private infra investmentFinance Minister Nirmala Sitharaman emphasized the challenges faced by BRICS nations in mobilizing private capital. She urged multilateral ...
BRICS nations need stronger frameworks to mobilise private capital at scale: Nirmala SitharamanNirmala Sitharaman urged BRICS nations to foster stability for attracting private capital. Multilateral development banks can de-risk inves...
NABARD highlights Delhi’s handloom weavers through two-day exhibitionNabin Kumar Roy, Chief General Manager, NABARD, New Delhi Regional Office, highlighted the role of ecosystem enablers such as NABARD, the G...
AI can transform banking, but data, privacy, governance remain key challenges: CEOsTop bank CEOs discussed AI's beneficial use in banking operations. They highlighted generative and agentic AI for customer service and inte...
DBS Bank extends Rs 520-cr credit to K Raheja Corp to develop commercial tower in PuneDBS Bank India has announced a substantial investment of Rs 520 crore for the development of a commercial tower in Pune. Additionally, Cert...
- Lenders seek RBI approval to spread their MTM losses
Indian banks have sought RBI approval to spread mark-to-market losses on investment portfolios across the remaining three quarters, citing ...
Delhi State Cooperative Bank to venture into financing farmers, artisansInaugurating the programme, Nabin Kumar Roy, Chief General Manager, NABARD, highlighted the critical role of cooperative banks in financial...
Planning a New Zealand trip? Here are 7 of the best places you can visitPlanning a trip to New Zealand? From Auckland and Queenstown to Rotorua, Milford Sound and Wellington, explore 7 of the best places to visi...
New Hormuz security mechanisms developed with Oman: Iran's Foreign Ministry, says US violations block safe waterwayIran and Oman are developing new mechanisms to monitor shipping safety through the Strait of Hormuz. Discussions between Tehran and Muscat ...
Govt taps inputs from public sector banks to lure foreign capitalGovernment will meet state-owned lenders to attract foreign investment. This aims to stabilize the rupee and bridge the current-account gap...
Former HDIL chairman Rakesh Wadhawan seeks probe into 'Rs 600 cr loan transfer'Rakesh Wadhawan has accused Yes Bank of illegally assigning a Rs 600 crore loan. This loan was for a firm he promoted and was transferred i...
MMRDA ropes in Singapore’s Surbana Jurong for Mumbai 3.0 master planSingapore's Surbana Jurong will prepare the Mumbai 3.0 new town master plan. This new town will span over 323 square kilometers across Raig...
Government approves senior bureaucrats' postings to IMF, ADBThe Centre has approved several key foreign postings for senior bureaucrats. Satyajit Mohanty will represent India at the International Civ...
World Bank urges developing nations to seize AI opportunityDeveloping nations should embrace artificial intelligence for rapid advancement. AI offers significant improvements in healthcare, educatio...
AI can accelerate growth in developing economies, says World BankDeveloping economies are experiencing their weakest average growth performance in three decades. The report said AI could significantly lif...
KKR backed Serentica Renewables secures $1.2 bn fundingSerentica Renewables has secured over $1.19 billion across three financing transactions. This funding will accelerate capacity expansion an...