Banks (Finance)
The June quarter inflation figures confirm that the Reserve Bank of Australia made a mistake by keeping interest rates steady at its previous meeting, as the official measure of inflation fell to 2.1%, while the monthly indicator dropped outside the RBA target band at 1.9%. The Reserve Bank
Banks (Finance)
Public sector banks (PSBs) have recorded a substantial decline in bad loans within the micro, small, and medium enterprise (MSME) sector. According to recent data, loans extended by PSBs to MSMEs rose to Rs 13.07 lakh crore, marking an 11.3 per cent increase compared to the previous year.
Banks (Finance)
The Iraqi Middle East Investment Bank, part of the banks sector on the Iraq Stock Exchange (ISX), witnessed a substantial share price fluctuation during the trading session on July 30, 2025. The bank's shares traded at 0.070, a decrease from the previous closing price of 0.080,
Banks (Finance)
The Senate Banking, Housing, and Urban Affairs Committee advanced a package of bipartisan housing legislation, the Renewing Opportunity in the American Dream (ROAD) to Housing Act of 2025, which includes provisions addressing the appraisal workforce shortage and streamlined inspections for new landlords. This is the committee's first housing
Banks (Finance)
The Senate Banking Committee has taken a significant step forward in addressing the US housing affordability crisis with the unanimous advancement of the Renewing Opportunity in the American Dream (ROAD) to Housing Act. This bipartisan bill aims to boost housing supply, improve affordability, and increase oversight. America's Credit
Banks (Finance)
The U.S. Senate Banking Committee has unanimously voted to advance Sen. John Kennedy's Build Now Act, which aims to incentivize new home construction by tying federal funds to cities' rates of home construction. This legislation is part of the ROAD to Housing Act of 2025, a
Banks (Finance)
India's public sector banks have been seeing a steady improvement in their micro, small, and medium enterprises (MSME) loan book, with the gross non-performing asset (NPA) ratio declining to 6.18% as of March 2024-25. This improvement is largely due to an increase in loans extended to MSMEs
Banks (Finance)
Lee Zeldin, the head of the Environmental Protection Agency, has launched a scathing attack on the Biden administration's $20 billion clean energy loan program, labeling it a "left-wing slush fund" that has "parked" the funds at a private bank. However, Zeldin's claims
Banks (Finance)
Christoph Rieche, Iwoca's German chief executive, and James Dear, its co-founder, have built a successful publicly listed business by backing entrepreneurs, despite the challenges posed by traditional lenders. Since 2011, Iwoca has lent close to £4 billion in unsecured loans to approximately 100,000 businesses. In 2024 alone,
Banks (Finance)
The recent gains in foreign exchange (forex) in Ghana have sparked a call from Musah Abdallah, Head of Corporate and Investment Banking at Stanbic Bank, for a shift from short-term monetary interventions to deeper structural and fiscal reforms. Speaking at the Graphic Business/Stanbic Bank Breakfast Meeting, Abdallah emphasized the
Banks (Finance)
The International Monetary Fund has called on the Bank of England to reduce interest rates twice more this year, citing concerns about the UK's economic growth and increasing uncertainty about global trade policies. The IMF's suggestion comes as the organization upgrades its global growth forecasts, expecting
Banks (Finance)
Qatar Islamic Bank's recent disclosure of financial indicators offers a comprehensive overview of its current market standing, providing critical information for investors assessing the bank's profitability and financial stability. The data, analyzed and released on July 29, 2025, highlights the bank's dividend yield, price-to-book
