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The United States has long benefited from an enormous brain gain, with the most talented scientists and engineers around the ...
Since 1947, India has provided a slew of assistance to bankrupt Pakistan. The Reserve Bank of India even printed currency notes for its neighboring country between August 1947 and September 1948.
The RBI has notified a six-member Payments Regulatory Board (PRB) to oversee the regulation and supervision of payment systems in the country..
Investopedia / Michela Buttignol The Reserve Bank of India (RBI) is the central bank of India, originally established as a private entity in 1935, then nationalized in 1949. What Is the Reserve ...
The Reserve Bank of India has proposed relaxing norms for investments in alternate investment firms by regulated entities (REs) in the aftermath of its earlier tightening bringing in financial ...
the bank is adhering to advisories from the Reserve Bank of India (RBI) and the Indian Computer Emergency Response Team (CERT-IN) concerning cybersecurity measures. Additionally, the Finance ...
Tokyo-based Sumitomo Mitsui Banking Corp. (SMBC) has agreed to buy a 20% stake in India’s Yes Bank for 135 billion rupees ($1.6 billion) as the Japanese lender deepens its presence in the world ...
South Africa’s Reserve Bank will not be nationalised. Finance Minister Enoch Godongwana made it clear that there were no such considerations. He was responding to a written parliamentary question from ...
According to the Reserve Bank of India’s (RBI) guidelines, post this deal, merging SMFG India Credit and YES Bank becomes important as the central bank does not allow banks to own subsidiaries ...
Operating profit for FY25 grew by 17 per cent YoY to ₹16,412 crore. Bank of India's net interest income (NII) for FY25 increased by 6 per cent YoY, while domestic NIM for FY25 stood at 3.10 per ...
Currently, State Bank of India (SBI) and other lenders hold 33% in Yes Bank. Also Read | Sumitomo gets RBI nod to pick 51% in Yes Bank “RBI has given SMBC the go-ahead for acquiring a majority ...
Founder of NeoStrat Advisors Merging SMFG India Credit with YES Bank becomes important as the Reserve Bank of India’s (RBI) guidelines do not allow banks to own subsidiaries which are active in ...