‘My sense would be that the banks, in principle, might have agreed to this proposal, or else the Reserve Bank would not have made the public announcement,’ says Jannie Rossouw, honorary professor at ...

The liquidity squeeze was triggered by advance tax payments by corporates, which typically lead to large outflows from the banking system and temporarily strain available funds. As a result, banks and ...

New ECCS service aims to complete cheque clearing within one business day as part of the central bank’s digital push. Image: Shutterstock The Saudi Central Bank (SAMA) has introduced the Electronic ...

The country's banking system is rapidly changing, and its effects are now clearly visible. A report from the Reserve Bank of India (RBI) has revealed some surprising findings. According to this report ...

Explore generative AI in financial services: how it works, top use cases, customer experience gains, key risks, and ...

The Reserve Bank of India (RBI) on Tuesday announced a fresh liquidity infusion, unveiling plans to purchase government securities worth Rs 2 lakh crore and conduct a $10 billion dollar-rupee swap ...

https://www.thehindubusinessline.com/money-and-banking/adb-signs-pacts-with-pakistan-for-two-projects-worth-730-million/article70438791.ece Copy The Asian Development ...

The Toronto condo market is crashing, but Canada’s top banking watchdog appears to not be losing any sleep over it. In a press conference Thursday morning, Peter Routledge, the Superintendent of ...

SINGAPORE, Dec 17 (Reuters) - In a high-security Shenzhen laboratory, Chinese scientists have built what Washington has spent years trying to prevent: a prototype of a machine capable of producing the ...

For its first 42 years, the nine-story building at 10 Fountain Plaza was known as a regional banking hub, most recently for Bank of America. But, now there is a new development chapter about to be ...

Global credit card payments exceed $20T annually. Capturing 1% would mean $200B settling on XRPL per year. RLUSD has grown to $1.3B with full backing through cash and U.S. Treasuries held in a New ...