News

Currently, the amount of money that Canadians can get back if a bank shuts down is limited to $100,000 per category of ...
The paper is also proposing providing an insurance limit of $1 million for “temporary high balances,” which it describes as a ...
In a written reply in the Rajya Sabha, Minister of State for Finance Pankaj Chaudhary said the present limit aligns with ...
Investments by banks operating in the UAE continued their upward trend, reaching AED 774.3 billion by the end of April 2025.
Trump's tariff moves impact markets; Indian trade deal uncertain. SBI Banking & Financial Services Fund outperforms peers.
Kotak Mahindra Bank, like its peers, faced pressure on its NIMs in the June 2025 quarter, and its core standalone net profit declined 7% y-o-y.
In an exclusive interview, financial services secretary M Nagaraju says banks shouldn’t expect profits from UPI, highlights ...
The recently passed GENIUS Act of 2025 creates a new legal framework for licensing and regulating payment stablecoin issuers. The Act is explicit in stating that an insolvent payment stablecoin issuer ...
OTTAWA — The federal government is looking for feedback on changes to Canada’s deposit insurance framework that could see the ...
Kotak Mahindra Bank's Q1FY26 profit drops 47.5% due to one-time gain in Q1FY25; net profit down 7% excluding gain.
Reserve Bank of India (RBI), on 23 July 2025, cancelled the licence of the Karnataka-based Karwar Urban Co-operative Bank due ...
DEPOSITORS of the closed United Consumers Rural Bank Inc. (UCRB) have until Monday, July 21, to file their deposit insurance claims, according to the Philippine Deposit Insurance Corp. (PDIC). The ...