Historic MoU signed to launch India's Rupay debit card in Oman

Oct 04, 2022

Muscat [Oman], October 4 : National Payments Corporation of India and Central Bank Of Oman on Tuesday signed a historic MoU to launch the...

Tata Steel offloads 19 per cent of its stake in Oman-based AI Rimal

Oct 04, 2022

New Delhi [India], October 4 : Tata Steel on Tuesday said it has offloaded 19 per cent of its stake in AI Rimal Mining,...

Savings of depositors safe, says US after two banks collapse

Mar 13, 2023

Silicon Valley Bank collapsed on Friday, while New York-based Signature Bank was closed by the state regulators on Sunday (local time), becoming the...

RBI imposes restrictions on Mumbai-based Raigad Sahakari Bank

Jul 19, 2022

Mumbai (Maharashtra) [India], July 19 : The Reserve Bank of India has issued several directions to Raigad Sahakari Bank, Mumbai, including an upper limit...

RBI imposes monetary penalty on Bettiah-based Cooperative Bank

Jul 11, 2022

Mumbai (Maharashtra) [India], July 11 : The Reserve Bank of India (RBI) on Monday said it has imposed Rs 2 lakh monetary penalty on...

New York's Signature Bank collapses, becomes 2nd US bank to be shut down

Mar 13, 2023

New York-based Signature Bank was closed by the state regulators, becoming the second US bank after Silicon Valley Bank to have collapsed in a...