Banks (Finance)
The Bihar police have lodged a fresh case to investigate forgery and money laundering charges against the former manager of Kotak Mahindra Bank, Sumit Kumar, and his associate Shashikant Kumar, among others. The case is a result of an ongoing investigation into the alleged misappropriation of government funds and online
Banks (Finance)
Abhimanyu Bhoan, the former CEO of the New India Cooperative Bank, has been denied interim protection from arrest in a loan fraud case involving the Percept Group, a prominent entertainment and media conglomerate. The special court's decision comes as Bhoan is already under judicial custody for allegedly embezzling
Banks (Finance)
Aiden Greene, 33, of no fixed address, was sentenced by Southampton magistrates for 12 offences committed across Hampshire and Dorset. Greene's crimes included stealing bank cards, cash, a driving licence, wallet, iPhone, and items of clothing, as well as committing fraud by false representation and handling stolen goods.
Banks (Finance)
Gujarat's real estate market is gaining momentum, driven by policy changes, affordable home loan rates, and the auspicious timing of festivals like Rath Yatra. The Reserve Bank of India's recent repo rate cut and several leading banks' subsequent reduction in lending rates have made homebuying
Banks (Finance)
Bank of England Governor Andrew Bailey has expressed concerns about the impact of higher employment taxes on pay and jobs, stating that there is mounting evidence that these taxes are hitting pay and job growth. Bailey emphasized the Bank's close monitoring of pay and its uncertainty about how
Banks (Finance)
The European Union and Panama have reaffirmed their commitment to collaborating on strategic sectors for sustainable development, with a recent mission by the European Investment Bank (EIB) leading to in-depth technical dialogue and progress in identifying projects that contribute to energy transition, infrastructure modernization, and climate resilience. The EIB'
Banks (Finance)
Amana Bank has introduced Business Plus, an exclusive banking platform designed to meet the unique needs of Small and Medium-sized Enterprises (SMEs) in Sri Lanka. This innovative platform offers a suite of benefits, including dedicated relationship managers, preferential financing solutions, payroll and payment solutions, and more, to help SMEs manage
Banks (Finance)
The 10th Annual Meeting of the Asian Infrastructure Investment Bank (AIIB) Board of Governors was held in Beijing from June 24 to 26, 2025, themed around "Connectivity for Development, Cooperation for Shared Prosperity." The Chinese delegation, led by Lan Fo'an, China's Governor to the
Banks (Finance)
The Financial Secretary of Hong Kong, Mr Paul Chan, participated in the 10th Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB) in Beijing. During the meeting, he held separate discussions with the Minister of Finance, Mr Lan Fo'an, and the President of
Banks (Finance)
Bank of England governor Andrew Bailey cautioned that growing evidence suggests employment tax hikes are hitting pay and jobs rather than leading to price hikes, introducing some uncertainty into the near-term outlook for inflation. Despite the recent spike up in inflation, Bailey stated that firms are responding to the national
Banks (Finance)
A software engineer based in Pimpri-Chinchwad was duped of Rs 48 lakh in an online share trading fraud by cyber scammers who contacted him on WhatsApp, assuring huge returns on investment. The scammers added the victim to a WhatsApp group, asked him to download a fraudulent app called 'MOIA&
Banks (Finance)
Over 450 small business owners in Greater Mukono recently participated in a training-workshop that equipped them with modern business management skills and linked them to affordable financing. The two-day activity, part of the MSME Accelerator Program, aimed to accelerate the growth and impact of 2820 Micro, Small, and Medium-sized Enterprises
