Banks (Finance)
In a response to traditional banks denying loans to individuals with poor credit, Money Mutual has launched a platform that connects borrowers with top-rated lenders. The platform offers a free, fast, and secure way to access loans of up to $5,000 with a simple 3-minute application process and no
Banks (Finance)
The Bhopal Cyber Crime Branch has made a significant breakthrough in cracking down on a gang of cyber fraudsters who lured people into investing in cryptocurrency and other allurements using fake investment companies and mule bank accounts. The gang, which operated across the country, was able to dupe victims out
Banks (Finance)
Governor Kazuo Ueda reaffirmed the Bank of Japan's stance on maintaining flexibility in monetary policy, emphasizing readiness to raise interest rates as core inflation approaches the 2% target. The Bank of Japan aims to operate flexibly to ensure price stability in the medium and long term, despite economic
Banks (Finance)
A recent decision by the Additional District and Sessions Judge South Karachi has granted actress Nadia Hussain interim bail in a high-profile case of alleged bank fraud. The case centers around Nadia's husband, Atif Muhammad Khan, who remains in custody after being arrested in March this year on
Banks (Finance)
Lilavati Kirtilal Mehta Medical Trust, a prominent hospital in Mumbai, has demanded answers from HDFC Bank and its CEO Sashidhar Jagdishan after flagging discrepancies in their transactions, including inconsistent loan amounts. The trust, which has repeatedly claimed it has no outstanding dues to the bank, has accused Jagdishan of involvement
Banks (Finance)
Following the RBI's repo rate cut, Canara Bank has reduced its Repo Linked Lending Rate (RLLR) from 8.75% to 8.25%. This move will translate to lower EMIs or shorter loan tenures for borrowers, providing significant relief to home and personal loan customers. The new rates will
Banks (Finance)
Fitch Ratings, a leading credit rating agency, has recently assigned ratings to WF Card Issuance Trust, a securitized pool of unsecured consumer revolving credit card accounts originated by Wells Fargo Bank, National Association (WFB). The trust's notes, specifically the WFCardSeries Class A(2025-1) notes, have been assigned a
Banks (Finance)
In the wake of the Reserve Bank of India's (RBI) consecutive rate cuts since February 2025, some small finance banks have maintained higher interest rates on fixed deposits (FDs), particularly for senior citizens. Despite larger banks reducing their FD rates, small finance banks are offering up to 9%
Banks (Finance)
First Internet Bank has once again been recognized as one of Central Indiana's Top Workplaces by The Indianapolis Star, earning a spot on the list for mid-sized companies for the 12th consecutive year. The bank's strong workplace culture, which values collaboration, innovation, and a shared commitment
Banks (Finance)
Trading activity on the Dubai Financial Market resulted in a modest positive shift for Emirates Investment Bank PJSC (EIBANK) on June 11, 2025. The bank's stock price increased by 2.66%, reaching a high of 77.00 and dipping to a low of 76.95. The current price
Banks (Finance)
Moody's Investors Service has confirmed Bank OZK's credit ratings, including its long- and short-term local currency deposit ratings of A3 and Prime-2, respectively. The rating agency has also changed the outlooks on Bank OZK's long-term deposit and issuer ratings to stable from negative. This
Banks (Finance)
NatWest will close its branches on Market Street in Wellingborough on October 7, 2025, and High Street in Kettering on October 28. The bank cited the shift to mobile and online banking as the primary reason for the closures, with counter transactions decreasing by 47% in Wellingborough and 43% in
