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15,000 Crore Of Vijay Mallya, Nirav Modi's Assets Restored To Banks: Centre
Properties worth Rs 14,131 crore - that once belonged to Vijay Mallya - have been seized and handed to public and private sector banks to pay off a part of the fugitive businessman's substantial debts, Finance Minister Nirmala Sitharaman said.
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"Insult To Citizens": N Sitharaman On Rahul Gandhi's Public Bank Remarks
Finance Minister Nirmala Sitharaman termed the allegation of Leader of Opposition Rahul Gandhi against state-owned banks a "misrepresentation of facts" and an "insult to the hardworking employees and to the citizens".
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AI, Blockchain, Cybersecurity Drive Hiring In Finance: Report
The report said that the continued job growth is propelled by digital transformation, changing regulatory landscapes, and initiatives aimed at enhancing financial inclusion.
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Banking Laws Amendment Bill To Strengthen Governance: N Sitharaman
Finance Minister Nirmala Sitharaman said on Tuesday that the Banking Laws (Amendment) Bill will strengthen governance in Indian banking sector besides enhancing consumer's and customer's convenience.
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Bank Of Baroda Recruitment 2024: Application Window For 592 Vacancies Closes On November 19
Bank of Baroda Recruitment 2024: This drive aims to fill vacancies across several departments, including Finance, MSME Banking, Digital Group, Receivables Management, Information Technology, and Corporate & Institutional Credit.
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No Country, Whether US Or China, Can Ignore India: Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman said that India wants to enhance its influence in the world as one in every six persons is Indian and the world cannot ignore India's economy.
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BIS, FSB Reports Highlight Benefits and Risks of Asset Tokenisation
The Bank of International Settlements (BIS) and the Financial Stability Board (FSB) have published their respective reports on VDAs, addressed to the G20 group. The Finance Ministers and Central Bank Governors of the G20 nations are scheduled to meet on October 23-24. The release of these reports by these financial institutes is well aligned with t...
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Nirmala Sitharaman's Mexico, US Visit To Focus On G20, IMF, World Bank Meetings
Finance Minister Nirmala Sitharaman will embark on an official visit to Mexico and the USA to participate in the G20 Finance Ministers and Central Bank Governor (FMCBG) and fund bank annual meeting.
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AI's Rise Could Threaten Financial Stability, Warns RBI Governor
The growing use of artificial intelligence and machine learning in financial services globally can lead to financial stability risks and warrants adequate risk mitigation practices by banks, the Governor of the Reserve Bank of India said on Monday.
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Here's How Amazon is Making Purchase Experience Better for Customers Ahead of Great Indian Festival Sale
The festive season is upon us, and with it comes the most anticipated sales event of the year: Amazon’s Great Indian Festival. In its 2024 edition, the online retail giant is not just rolling out massive discounts but redefining how consumers shop, upgrade, and enjoy their purchases. Through strategic partnerships, innovative financing options, a...
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As Maldives Faces Debt Default, China Inks New Finance Pact. Details Here
China and Maldives have signed a new agreement today that allows Beijing to lend more financial support to the already debt-distressed nation. China's central bank has said the pact will also help strengthen trade and investment.
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Standard Chartered Bank Announces Digital Custody Service for Bitcoin, Ether in UAE
London-headquartered Standard Chartered bank launched a custody service for digital assets in the UAE. As per Margaret Harwood-Jones, Global Head of Financing and Securities Services at Standard Chartered, the newly launched service goes beyond just simple wallet offerings.
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LGBTQ Persons Can Open Joint Bank Account: Finance Ministry
The finance ministry on Thursday said there are no restrictions for persons of the LGBTQ community to open a joint bank account and to nominate a person in a queer relationship as a nominee.
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Nirmala Sitharaman Asks Indian Banks To Boost Deposits Amid Crunch
Finance Minister Nirmala Sitharaman called on lenders to focus on their core business and explore new ways to attract deposits, as household savings increasingly shift toward investment products.
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Europe Issues 'Travel Rule' Guidelines for Crypto Firms Amid Push to Curb Money Laundering, Financial Crime
The European Banking Authority (EBA) has imposed a ‘travel rule’ over crypto firms that aims to reduce instances of money laundering and terror financing using crypto assets, transactions through which often leave no trails that could lead to criminals.
-
15,000 Crore Of Vijay Mallya, Nirav Modi's Assets Restored To Banks: Centre
Properties worth Rs 14,131 crore - that once belonged to Vijay Mallya - have been seized and handed to public and private sector banks to pay off a part of the fugitive businessman's substantial debts, Finance Minister Nirmala Sitharaman said.
-
"Insult To Citizens": N Sitharaman On Rahul Gandhi's Public Bank Remarks
Finance Minister Nirmala Sitharaman termed the allegation of Leader of Opposition Rahul Gandhi against state-owned banks a "misrepresentation of facts" and an "insult to the hardworking employees and to the citizens".
-
AI, Blockchain, Cybersecurity Drive Hiring In Finance: Report
The report said that the continued job growth is propelled by digital transformation, changing regulatory landscapes, and initiatives aimed at enhancing financial inclusion.
-
Banking Laws Amendment Bill To Strengthen Governance: N Sitharaman
Finance Minister Nirmala Sitharaman said on Tuesday that the Banking Laws (Amendment) Bill will strengthen governance in Indian banking sector besides enhancing consumer's and customer's convenience.
-
Bank Of Baroda Recruitment 2024: Application Window For 592 Vacancies Closes On November 19
Bank of Baroda Recruitment 2024: This drive aims to fill vacancies across several departments, including Finance, MSME Banking, Digital Group, Receivables Management, Information Technology, and Corporate & Institutional Credit.
-
No Country, Whether US Or China, Can Ignore India: Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman said that India wants to enhance its influence in the world as one in every six persons is Indian and the world cannot ignore India's economy.
-
BIS, FSB Reports Highlight Benefits and Risks of Asset Tokenisation
The Bank of International Settlements (BIS) and the Financial Stability Board (FSB) have published their respective reports on VDAs, addressed to the G20 group. The Finance Ministers and Central Bank Governors of the G20 nations are scheduled to meet on October 23-24. The release of these reports by these financial institutes is well aligned with t...
-
Nirmala Sitharaman's Mexico, US Visit To Focus On G20, IMF, World Bank Meetings
Finance Minister Nirmala Sitharaman will embark on an official visit to Mexico and the USA to participate in the G20 Finance Ministers and Central Bank Governor (FMCBG) and fund bank annual meeting.
-
AI's Rise Could Threaten Financial Stability, Warns RBI Governor
The growing use of artificial intelligence and machine learning in financial services globally can lead to financial stability risks and warrants adequate risk mitigation practices by banks, the Governor of the Reserve Bank of India said on Monday.
-
Here's How Amazon is Making Purchase Experience Better for Customers Ahead of Great Indian Festival Sale
The festive season is upon us, and with it comes the most anticipated sales event of the year: Amazon’s Great Indian Festival. In its 2024 edition, the online retail giant is not just rolling out massive discounts but redefining how consumers shop, upgrade, and enjoy their purchases. Through strategic partnerships, innovative financing options, a...
-
As Maldives Faces Debt Default, China Inks New Finance Pact. Details Here
China and Maldives have signed a new agreement today that allows Beijing to lend more financial support to the already debt-distressed nation. China's central bank has said the pact will also help strengthen trade and investment.
-
Standard Chartered Bank Announces Digital Custody Service for Bitcoin, Ether in UAE
London-headquartered Standard Chartered bank launched a custody service for digital assets in the UAE. As per Margaret Harwood-Jones, Global Head of Financing and Securities Services at Standard Chartered, the newly launched service goes beyond just simple wallet offerings.
-
LGBTQ Persons Can Open Joint Bank Account: Finance Ministry
The finance ministry on Thursday said there are no restrictions for persons of the LGBTQ community to open a joint bank account and to nominate a person in a queer relationship as a nominee.
-
Nirmala Sitharaman Asks Indian Banks To Boost Deposits Amid Crunch
Finance Minister Nirmala Sitharaman called on lenders to focus on their core business and explore new ways to attract deposits, as household savings increasingly shift toward investment products.
-
Europe Issues 'Travel Rule' Guidelines for Crypto Firms Amid Push to Curb Money Laundering, Financial Crime
The European Banking Authority (EBA) has imposed a ‘travel rule’ over crypto firms that aims to reduce instances of money laundering and terror financing using crypto assets, transactions through which often leave no trails that could lead to criminals.
