Latest News for: Banking system

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T-Minus 60: RBI fires liquidity booster

The Times of India 18 May 2024
The Reserve Bank of India (RBI) has responded to tight liquidity conditions in the banking system by announcing a ...
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RBI announces reduction in the quantum of the government’s treasury bill sales

The Times of India 18 May 2024
The Reserve Bank of India (RBI) has responded to tight liquidity conditions in the banking system by announcing a ...
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Digital Yuan Goes Cross-Border: Hong Kong Unveils e-CNY Wallets For Local Users

Bitcoinist 18 May 2024
... needing a Mainland bank account ... Furthermore, the supported infrastructure, particularly the Faster Payment System (FPS), allows users to top up their e-CNY wallets using 17 retail banks in Hong Kong.
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Q4 Results Today: Ujjivan SFB, Krsnaa Diagnostics, Patel Engineering among 55 companies to post earnings on May 18

Live Mint 18 May 2024
The stocks of these companies who will report Q4 earnings today will be in focus.Companies to post Q4 results today.Ujjivan Small Finance Bank, Krsnaa Diagnostics, Dodla Dairy, Data Patterns (India), ...
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Changes from Visa mean Americans will carry fewer credit, debit cards

Voa News 18 May 2024
They also come as Americans have many more options to pay for purchases beyond "credit or debit," including buy now, pay later companies, peer-to-peer payment options, paying directly with a bank, or digital payment systems such as Apple Pay.
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VEPR forecasts Vietnamese economy growth at below 6 per cent

Vietnam News 18 May 2024
Another important solution was to speed up credit growth in line with ensuring the financial system safety, coupled with diversifying capital raising channels for enterprises besides banking credit.
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For decades, states have taken foster children's federal benefits. That's starting to change

The Call 18 May 2024
But Jesse's bank account was empty. The money had all been used by Missouri's foster care system or relatives responsible for his care ... While he was in the foster care system, her son didn't receive any of those monthly benefit payments.
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For decades, states have taken foster children’s federal benefits. That’s starting to change

Wtop 18 May 2024
But Jesse’s bank account was empty. The money had all been used by Missouri’s foster care system or relatives responsible for his care ... system because the state had used it all, Keith said.
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India and Russia-led Eurasian Economic Union to start FTA talks in coming months

Live Mint 18 May 2024
India-Oman free trade deal likely to be signed soon, say officialsSpokespersons of India's commerce ministry and the Russian embassy didn't respond to emailed queries.Talks for an FTA between EEU and ...
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Banking clean-up helped to prevent collapse of financial sector – Bawumia

Business Ghana 17 May 2024
“One of the biggest nightmares I had was that it was clear that if we didn’t move, move to rationalise the banking system and shut down some of these banks, the whole system was going to collapse.
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PAPSS makes significant progress; poised to drive trade in Africa for Africans by Africans

B & FT Online 17 May 2024
The maiden forum, was successfully put together by the promoters of the Pan-African Payment & Settlement System (PAPSS) that is African Export-Import Bank (Afreximbank or “the Bank”), African ...
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Hong Kong pilots first-ever digital yuan payment system for cross-border transactions

Cryptoslate 17 May 2024
“The interoperability between the FPS and the e-CNY system operated by the Digital Currency Institute (DCI) of the PBoC also marks the first linkage of a faster payment system with a central bank digital currency system in the world.”.
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KB to develop cross-border QR payment system with Cambodian central bank

Korea Times 17 May 2024
Tourists and workers visiting either country are expected to experience enhanced convenience, as the system will enable payments through a mobile banking platform without ...
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ECB pressures banks to speed up Russia exits on fear of US action

The News International 17 May 2024
“This could lead to serious damage to the banking system if the US authorities take sanctions,” said a person briefed on the ECB’s position.The letters underline the increasing pressure from ...
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