Hana Bank to obtain approval to open Taiwan branch for the first time in Korea

Jun 22, 2021

Seoul [South Korea], June 22 (ANI/Global Economic): Hana Financial group announced that it has obtained the approval to open Hana Bank's 'Taipei Branch' from...

China National Bank's exposure to China fell below one trillion yuan; ratio of its net worth fell to new low of 22.7 per cent

Feb 01, 2024

The Financial Supervisory Commission announced today that in 2023 At the end of December, the total exposure of domestic banks to China fell below...

RBI unveils new corrective action framework for Urban Co-operative Banks

Jul 26, 2024

For urban cooperative banks that are weak or are experiencing financial stress, the RBI had issued a supervisory action framework as an early intervention...

RBI imposes over Rs 1.73-cr fine on HSBC for wrong credit card data

May 09, 2023

The statutory inspection for supervisory evaluation (lSE) of the bank was conducted by RBI with reference to its financial position as on March 31,...

Financial Stability Board to propose crypto regulations

Jul 12, 2022

Basel [Switzerland], July 12 : The Financial Stability Board, an international body that monitors and makes recommendations about the global financial system, will report...

RBI imposes business restrictions on ECL Finance Limited, Edelweiss Asset Reconstruction Company Limited due to supervisory concerns

May 29, 2024

This decisive action comes in response to supervisory concerns identified during recent examinations, as per RBI release.