Financial sector confronts deforestation as a key ESG risk: Fitch

Sep 18, 2020

London [UK], September 18 : The environmental, social and governance (ESG) factors could increasingly influence global banks' financing activities relating to commodity producers in...

US Fed issues guidance for banks considering crypto activities

Aug 17, 2022

Washington [US], August 17 : The US Federal Reserve Board has provided additional information for banking organizations engaging or seeking to engage in crypto-asset-related...

ED arrests three persons in terror financing, money laundering case

Feb 14, 2024

According to ED, their arrests are linked to a money laundering case involving terror financing activities, where they were found collaborating with Pakistani handlers.

RBI directs banks for greater vigilance on forex trading and report unauthorised trading to ED

Apr 25, 2024

The Reserve Bank of India (RBI) has issued a directive to banks regarding instances of unauthorized forex trading activities by certain entities.

RS briefly takes up bill to prohibit financing of unlawful activities under WMD Act

Jul 20, 2022

New Delhi [India], July 20 : The Rajya Sabha on Monday briefly took up a bill that seeks to amend the Weapons of Mass...

Moglix launches supply chain finance platform Credlix

Feb 15, 2021

New Delhi [India], February 15 (ANI/NewsVoir): Asia's largest B2B commerce company, Moglix, has announced its foray into the supply chain financing space with the...