The scheme aims to generate long-term capital appreciation by investing in equity and equity-related securities of companies ...

The Bank of England launched on Tuesday a new financial stability tool that insurers and pension funds can use during periods ...

The Bank of England this week opened a new facility that will, in future market crises, offer repo financing directly to ...

The Walmart-backed company will surrender its non-banking financial company account aggregator (NBFC-AA) license to the Reserve Bank of India (RBI) and transition to a partnership model with ...

with strong Return on Assets (RoA) and Return on Equity (RoE), despite a slight moderation in net interest margins. He also reaffirmed the financial stability of Non-Banking Financial Companies ...

By aligning tax policies, enhancing operational flexibility, and creating incentives for foreign investments, the bill ...

KB Financial Group cemented its market dominance in 2024, becoming the first local financial firm to surpass 5 trillion won ($3.5 billion) in annual earnings. The company reported a net profit of 5.08 ...

Synchrony Financial reported a mixed bag of Q4 results, with revenue and EPS falling short of estimates. Read why SYF stock ...

The initiative aims to reduce cyber security threats and malicious activities like phishing and streamline secure financial services, thereby enhancing trust in digital banking and payment services.

RBI’s 25-bps rate cut, its first in five years, pressures private banks' NIMs while public banks remain stable. NBFCs may see funding relief, but liquidity challenges persist. Analysts predict a ...