News - Page 26

HDFC Bank Q3 business update: Gross advances grow 62.4%, retail loans 111% up HDFC Bank has reported significant growth in its gross advances and retail loans in the third quarter of FY24.

There are many opportunities for banks across various business lines and customer segments, including commercial lending, wealth management, small business services, and international expansion. Banks can significantly simplify and expedite commercial loan

Preferred Bank recently announced a dividend of $0.7 per share, payable on January 22, 2024, with an ex-dividend date set for January 5, 2024. Preferred Bank is a commercial bank located in

The Reserve Bank of India (RBI) has revised its definition of Politically-Exposed Persons (PEPs) under its Know Your Customer (KYC) norms. The previous definition of PEPs was open-ended and lacked clarity, which

Key Points: Ecobank Ghana has appointed Abena Osei-Poku as the new managing director and regional executive for the Anglophone West Africa region. Osei-Poku has over 25 years of experience in the financial

Key Points: HDFC Bank’s gross advances increased by 62.4% to Rs 24.69 trillion in the October-December quarter of the current fiscal year. The bank’s deposits grew by 27.7% year-on-year to Rs 22.14

Key Points: Countries in south and southeast Asia are at the highest risk of flooding in the Asia-Pacific region, according to Fitch Ratings. Sovereigns with weaker adaptation capacities are likely to face

Ann Dora Garner, the vice president of operations at Commercial Bank in Ozark, has retired after 43 years of service. Garner began her career at the family-owned bank right after high school,

The Reserve Bank of India (RBI) has expanded the eligibility criteria for issuers of commercial papers (CPs), a move that is expected to increase the number of issuers and supply of short-term

The National Bank of Egypt (NBE) and Banque Misr will offer new savings certificates with returns of 23.5% and 27% through their branches starting from Monday. The certificates are issued in denominations