IMF and World Bank meetings leave developing countries with more questions than answersThe recent discussions at the International Monetary Fund and World Bank left developing nations feeling uncertain about their futures. Del...
18 Oct, 2026, 04.31 PM IST
Bandhan Fin to explore health insurance foray post stabilisation of recent acquisitions: Chairman GhoshBandhan Financial Services is exploring opportunities in the health insurance sector after recent acquisitions. The company intends to focu...
18 Oct, 2026, 02.50 PM IST
Ex-IMF Director KV Subramanian dismisses Pakistan's global financial leadership claimKrishnamurthy V Subramanian has criticized Pakistan's claim of returning to global financial leadership. He clarified that the IMF and Worl...
18 Oct, 2026, 02.21 PM IST
In 1888, William Seward Burroughs patented a calculating machine designed to help reduce bookkeeping errors; by 1926, his company had produced its millionth adding machineIn the 1880s, William Seward Burroughs created the Burroughs Adding Machine, a revolutionary calculating device tailored for bank clerks. T...
18 Oct, 2026, 02.10 PM IST
HDFC Bank deputy MD Kaizad Bharucha to step down on December 31Kaizad Bharucha has submitted his resignation as deputy managing director of HDFC Bank, effective December 31, 2026. This decision follows ...
17 Oct, 2026, 04.47 PM IST
Sitharaman, JBIC chief discuss clean energy, critical minerals and supply chainsFinance Minister Nirmala Sitharaman recently met with JBIC Governor Kazuhiko Amakawa to discuss collaboration. They focused on clean energy...
16 Oct, 2026, 05.43 PM IST
World Bank has a $19 billion gameplan to expand its critical minerals business in five yearsWorld Bank President Ajay Banga has set a target to quintuple the lender’s critical minerals business over five years, with financing proje...
16 Oct, 2026, 01.24 PM IST
World Bank should focus on mobilising greater private capital and creating jobs, says FM SitharamanNirmala Sitharaman emphasized the importance of private capital in creating jobs and boosting productivity during her address. She outlined...
15 Oct, 2026, 10.37 PM IST
Tatkal NPS now available on BHIM app: How to open NPS account in 3 stepsThe Tatkal National Pension Scheme (NPS) is now available through the BHIM Payments App for eligible bank customers. This feature simplifie...
15 Oct, 2026, 05.56 PM IST
Bessent urges World Bank to end restrictions on upstream oil, gas financingUS Treasury Secretary Scott Bessent urged the World Bank to ease restrictions on oil and gas financing, support deep-sea mining, and reform...
15 Oct, 2026, 01.04 PM IST
IMF chief urges US and wealthy nations to rein in debt to ease global economic pressureThe International Monetary Fund emphasized the urgent need to address rising global debt impacting low-income countries. IMF Managing Direc...
15 Oct, 2026, 12.31 PM IST
No magic fix: IMF chief warns growth cannot solve America's $40 trillion debtThe head of the International Monetary Fund highlights the urgent need to address global debt levels. Rising interest rates and inflation h...
15 Oct, 2026, 06.47 AM IST
RBL Bank taps Emirates NBD network to expand NRI banking, Gulf businessRBL Bank aims to utilize Emirates NBD's global network to expand its corporate and trade finance services. The partnership will enable them...
15 Oct, 2026, 01.08 AM IST
World Bank Group mobilizes $36 billion in India for development and job creation over four yearsThe World Bank Group has mobilised a cumulative $36 billion in India across various development sectors. This funding includes $9.6 billion...
15 Oct, 2026, 12.48 AM IST
World Bank helps mobilise $36 billion in private capital to support job creation in India since FY22Private capital mobilisation by the World Bank Group has grown nearly five-fold in four years, rising from approximately USD 3 billion in F...
14 Oct, 2026, 05.57 PM IST
Jyotiraditya Scindia outlines banking expansion plans for Northeast India at Bankers' Conclave 2.0 in AgartalaJyotiraditya M. Scindia discussed significant banking developments at the North East Bankers’ Conclave 2.0 in Agartala. He outlined future ...
13 Oct, 2026, 11.55 PM IST
- Banking watchdogs ramp up AI scrutiny as stability fears mount, sources say
Banking regulators are intensifying their oversight of AI risks that could affect financial stability and cyber security. The Federal Reser...
13 Oct, 2026, 10.44 AM IST