Banks (Finance)
Fitch Ratings has issued a comprehensive analysis of the Synchrony Card Issuance Trust, SynchronySeries class A(2025-2) notes, backed by a securitized pool of receivables arising under the revolving credit card accounts generated through Synchrony Bank's private-label, co-branded, and general-purpose credit card programs. The Rating Outlook for the
Banks (Finance)
Mumbai: The RBI's recent 50 basis point repo rate cut has led to public sector lenders revising their lending rates. However, a twist in this development is that existing borrowers are likely to benefit more than new ones, as banks adjust the spreads on home loans to protect
Banks (Finance)
Jana Small Finance Bank has informed that it has allotted 16,590 equity shares to its employees under the ESOP (Employees Stock Option Plan) schemes 2017 and 2018. This allotment was made on June 7, 2025, and the shares are fully paid-up, ranking pari-passu with existing equity shares. The bank
Banks (Finance)
Abu Dhabi Islamic Bank's shares on the Abu Dhabi Securities Exchange (ADX) saw a minor dip in value on June 9, 2025, closing at 20.00, a slight decrease from 20.18. This drop corresponds to a change of -0.0089. The bank's shares fluctuated throughout
Banks (Finance)
The Reserve Bank of India's 2024-25 annual report highlights a disturbing trend in bank frauds, with the value of such cases rising sharply from Rs 12,230 crore in 2023-24 to Rs 36,014 crore in 2024-25, a threefold increase in just one year. This increase is attributed
Banks (Finance)
The decline in savings deposits has led banks in Brazil to prioritize individual borrowers, diverting funds from property developers who are now forced to seek alternative financing structures. The trend, which began gradually a few years ago, has accelerated recently, with construction loans accounting for just 11% of the R$
Banks (Finance)
Regulatory lapses, governance failures, alleged financial frauds, loan default, and a flurry of accusations and counter-accusations have put the spotlight on India's largest private lender, HDFC Bank. An FIR has been lodged against its Managing Director and CEO Sashidhar Jagdishan over his alleged involvement in a series of
Banks (Finance)
Indian stock markets are likely to start the day on a positive note, as indicated by the GIFT Nifty. Various top stocks are expected to make headlines in Monday's trade, including updates on their performance and recent developments. The previous day's session saw the NSE Nifty
Banks (Finance)
On June 1, 2025, Qatar Islamic Bank (QIBK) experienced a day of active trading on the Qatar Stock Exchange, with 521,274 shares being traded, resulting in a total value of 11.12 million Qatari Riyals. This significant market activity was reflected in the stock's price movement, which
Banks (Finance)
The Central Bureau of Investigation (CBI) has registered a case against a real estate promoter, his wife, a rice mill owner, and bank valuers for allegedly cheating State Bank of India (SBI) to obtain a housing loan of Rs 5.22 crore for a property that had no takers in
Banks (Finance)
Capital Intelligence, a leading credit rating agency, has recently issued a credit rating report for Al Ahli Bank of Kuwait, a crucial evaluation that assesses the financial health and creditworthiness of the bank. The report is a transparency requirement, governed by the Capital Markets Authority, to ensure that investors and
Banks (Finance)
Qatar Islamic Bank, a key player in Qatar's financial sector, has showcased a strong financial profile based on the latest data available. As of June 1, 2025, the bank's financial metrics reveal a stable market standing, indicated by a dividend yield of 3.754% and a
