Commercial Banks
- All
- News
- Videos
-
Syria Orders Freeze Of Bank Accounts Linked To Former Regime
Syria's central bank has ordered commercial banks to freeze all accounts tied to people and companies linked to the ousted regime of former President Bashar alAssad, according to
-
How Vietnamese Business Tycoon Masterminded World's Biggest Bank Fraud
Truong My Lan, a 68-year-old real estate tycoon, was convicted in April 2024 for using hundreds of ghost companies to control Saigon Commercial Bank and embezzle billions.
-
India 2nd Only To US In Number Of Banks Covered By Deposit Insurance: RBI
India's Deposit Insurance and Credit Guarantee Corporation (DICGC) has extended coverage to 1,997 banks comprising 140 commercial banks and 1,857 cooperative banks.
-
Samsung Reportedly Working on a Super App for Financial Services
Samsung is trying to enter the commercial banking space with a new super app, as per a report. The South Korean tech giant already has a financial services app called Momino, but now it reportedly wants to upgrade it and turn it into a super app, of the likes of WeChat. If the information is to be believed, this will also mark the entry of the tech...
-
Ethiopian Bank's Technical Glitch Lets Customers Withdraw Millions
The largest commercial bank in Ethiopia is working urgently to recover substantial amounts of money withdrawn by customers following a "systems glitch."
-
Uday Kotak Compares New York Property Discount To Mumbai's BKC, Comment Viral
As per a post by investor Nilesh Shah on X, the building was last sold for $150 million against its previously sold cost of $500 million.
-
Iraq Bans 8 Local Banks From US Dollar Transactions
Iraq has banned eight local commercial banks from engaging in U.S. dollar transactions, taking action to reduce fraud, money laundering and other illegal uses of U.S. currency days after a visit by a top U.S. Treasury official.
-
Registrations for Circle Based officers At State Bank Of India To End Today
A minimum of two years experience is required as an officer in any Scheduled Commercial Bank or any Regional Rural Bank.
-
Ransomware Attack On US Arm Of China's Largest Bank Disrupts Treasury Market
The US arm of China's largest bank said Thursday that it was hit by a ransomware attack, forcing clients to reroute trades and disrupting the US Treasury market.
-
Gang Behind Cyberattack On World's Biggest Bank Has Hacked 1,000 Victims
Industrial & Commercial Bank of China Ltd.'s US unit had been hit by a cyberattack, rendering it unable to clear swathes of US Treasury trades after entities responsible for settling the transactions swiftly disconnected from the stricken systems.
-
Found 1-2 Board Members' "Excessive Dominance" In Big Banks: RBI Governor
Reserve Bank Governor Shaktikanta Das on Monday said the central bank has noticed "excessive dominance" by one or two board members even in "big commercial banks".
-
RBI Issues Revised Guidelines For Investment Of Commercial Banks
The Reserve Bank of India on Tuesday issued revised classification, valuation and operation guidelines for the investment portfolio of commercial banks, which will be effective from April 1, 2024.
-
TRAI Directs Banks, Financial Institutions to Verify Headers, Templates in Drive to Crackdown on Pesky Texts
TRAI on Thursday said all principal entities, like banks, financial institutions, and others, need to complete the process of verification of message headers and content templates immediately, as the telecom regulator forged ahead with its drive to crackdown on pesky messages to safeguard consumers.
-
Regulator TRAI Asks Telecom Firms To Curb Intrusive Marketing Calls
Trai on Monday asked telcos to take immediate action to curb pesky calls and messages by getting banks and FIs to clean up unused templates.
-
US Fed Raises Key Interest Rate, Voices Banking Sector Concerns
The US Federal Reserve raised its benchmark lending rate on Wednesday, as it sought to strike a balance between curbing high inflation and averting further upheaval in the commercial banking sector.
-
Syria Orders Freeze Of Bank Accounts Linked To Former Regime
Syria's central bank has ordered commercial banks to freeze all accounts tied to people and companies linked to the ousted regime of former President Bashar alAssad, according to
-
How Vietnamese Business Tycoon Masterminded World's Biggest Bank Fraud
Truong My Lan, a 68-year-old real estate tycoon, was convicted in April 2024 for using hundreds of ghost companies to control Saigon Commercial Bank and embezzle billions.
-
India 2nd Only To US In Number Of Banks Covered By Deposit Insurance: RBI
India's Deposit Insurance and Credit Guarantee Corporation (DICGC) has extended coverage to 1,997 banks comprising 140 commercial banks and 1,857 cooperative banks.
-
Samsung Reportedly Working on a Super App for Financial Services
Samsung is trying to enter the commercial banking space with a new super app, as per a report. The South Korean tech giant already has a financial services app called Momino, but now it reportedly wants to upgrade it and turn it into a super app, of the likes of WeChat. If the information is to be believed, this will also mark the entry of the tech...
-
Ethiopian Bank's Technical Glitch Lets Customers Withdraw Millions
The largest commercial bank in Ethiopia is working urgently to recover substantial amounts of money withdrawn by customers following a "systems glitch."
-
Uday Kotak Compares New York Property Discount To Mumbai's BKC, Comment Viral
As per a post by investor Nilesh Shah on X, the building was last sold for $150 million against its previously sold cost of $500 million.
-
Iraq Bans 8 Local Banks From US Dollar Transactions
Iraq has banned eight local commercial banks from engaging in U.S. dollar transactions, taking action to reduce fraud, money laundering and other illegal uses of U.S. currency days after a visit by a top U.S. Treasury official.
-
Registrations for Circle Based officers At State Bank Of India To End Today
A minimum of two years experience is required as an officer in any Scheduled Commercial Bank or any Regional Rural Bank.
-
Ransomware Attack On US Arm Of China's Largest Bank Disrupts Treasury Market
The US arm of China's largest bank said Thursday that it was hit by a ransomware attack, forcing clients to reroute trades and disrupting the US Treasury market.
-
Gang Behind Cyberattack On World's Biggest Bank Has Hacked 1,000 Victims
Industrial & Commercial Bank of China Ltd.'s US unit had been hit by a cyberattack, rendering it unable to clear swathes of US Treasury trades after entities responsible for settling the transactions swiftly disconnected from the stricken systems.
-
Found 1-2 Board Members' "Excessive Dominance" In Big Banks: RBI Governor
Reserve Bank Governor Shaktikanta Das on Monday said the central bank has noticed "excessive dominance" by one or two board members even in "big commercial banks".
-
RBI Issues Revised Guidelines For Investment Of Commercial Banks
The Reserve Bank of India on Tuesday issued revised classification, valuation and operation guidelines for the investment portfolio of commercial banks, which will be effective from April 1, 2024.
-
TRAI Directs Banks, Financial Institutions to Verify Headers, Templates in Drive to Crackdown on Pesky Texts
TRAI on Thursday said all principal entities, like banks, financial institutions, and others, need to complete the process of verification of message headers and content templates immediately, as the telecom regulator forged ahead with its drive to crackdown on pesky messages to safeguard consumers.
-
Regulator TRAI Asks Telecom Firms To Curb Intrusive Marketing Calls
Trai on Monday asked telcos to take immediate action to curb pesky calls and messages by getting banks and FIs to clean up unused templates.
-
US Fed Raises Key Interest Rate, Voices Banking Sector Concerns
The US Federal Reserve raised its benchmark lending rate on Wednesday, as it sought to strike a balance between curbing high inflation and averting further upheaval in the commercial banking sector.
