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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...
SBI returns to dollar bond market after a year, prices five-year notes 88 bps over US TreasuryState Bank of India is targeting up to $500 million through a five-year dollar bond after attracting over $2 billion in peak orders. Strong...
Europe's hot stock markets catch global investors' eyeEurope's stock market is experiencing a robust rally, attracting significant investor interest. Strong earnings growth and improving econom...
Global Market: Singapore's OCBC, UOB Q2 profits rise as wealth business cushions impact of lower interest ratesSingapore's OCBC and UOB banks have exceeded expectations with their second-quarter earnings, showcasing resilience amid lending income cha...
Standard Chartered to offer wealth products in India's GIFT City finance hubStandard Chartered secured in-principle approval to offer wealth management products in GIFT City. The International Financial Services Cen...
Global Market: DBS raises full-year outlook as record Q2 profit beats estimatesDBS Group announced a robust nine percent increase in net profit for the second quarter, bolstered by a remarkable forty-two percent rise i...
Global Market: Hong Kong insurers slump after report on China taxing offshore policy incomeHong Kong-listed insurance stocks slumped after reports that Chinese tax authorities have begun levying a 20% personal income tax on income...
RBI Inflation FY2026-27: Malhotra & Co trim FY27 inflation forecast to 5% as easing crude prices offer reliefRBI Inflation 2026-27 Forecast: The RBI's Monetary Policy Committee cut its FY27 inflation forecast to 5% from 5.1%, citing softer global c...
RBI likely to extend rate pause; neutral stance seen unchangedEconomists anticipate the Reserve Bank of India will maintain its current interest rate at 5.25 percent. The central bank is also expected ...
Indian banks' new hunt for diaspora dollars pumps up loans marketsIndian banks are raising significant dollar funds offshore to boost foreign currency deposits. Global banks are actively arranging these do...
Dollar steadies as Fed holds rates, US strikes IranThe US dollar strengthened in Asian trading after the Federal Reserve maintained its interest rate. Geopolitical developments, including ai...
5 credit cards with complimentary airport lounge access without any minimum spend criteria in 2026: One of them is lifetime freeLooking for credit cards with free airport lounge access? Check these 5 credit cards that still offer complimentary domestic or internation...
SBI, HDFC Bank seek $1.7 billion overseas to boost dollar resourcesState Bank of India and HDFC Bank are raising significant dollar funds. These large Indian banks are borrowing from foreign institutions to...
Standard Chartered sees exit of several top wealth executives in IndiaStandard Chartered India is witnessing a series of senior leadership exits as it reshapes its wealth business and moves away from mass-mark...
HSBC wins $5.5 billion of NRI deposits via leveraged strategyHSBC has mobilised about $5.5 billion in non-resident Indian deposits by offering highly leveraged loans under the RBI's FCNR(B) window, ou...
HSBC to hire 100 AI specialists, 100 wealth managers in boost to Singapore hubHSBC plans to hire more than 200 professionals in Singapore, including AI specialists and wealth managers, as part of its strategy to expan...
Cards continue to fly; credit goes to the big playersThe additions were led, once again, by the country's largest issuers. HDFC Bank topped the list, adding 163,000 net new credit cards and ed...
Stocks mixed as oil prices pause climb but yields hover near highsGlobal bond yields remain near multi-decade highs as inflation worries persist. Stock markets found scattered relief as oil prices pulled b...
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...
SC quashes case against Standard Chartered Bank over violations of FERA provisionsThe Supreme Court quashed a 23-year-old criminal complaint against Standard Chartered Bank. This decision provided relief to the bank after...