India's Budget 2025-26 Coverage
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Topics: Bank

HSBC probe helped lead to U.S. charges against Huawei CFO Meng Wanzhou

The HSBC probe of Huawei came in late 2016 and 2017 as the bank was trying to get the U.S. Department of Justice (DOJ)...

Pakistan may ask for an additional $1.45 billion loan from Islamic banks

Pakistan will likely turn to Islamic banks to borrow another 200 billion rupees ($1.45 billion) to try to ease a financial crunch in its...

Aditya Puri: No plans to cut down HDFC bank’s branch expansion

Largest domestic lender from the private sector space, HDFC Bank, does not intend to cut down on branch expansion, a top official said on...

China blames Washington for trying to block its development

China's government on Monday accused the United States of trying to block its industrial development after Vice President Mike Pence said Chinese equipment poses...

U.S regulators drop fine against Citi Group over fair lending charge

A top US bank regulator has decided not to fine Citigroup for discriminating against minority mortgage borrowers, dropping the public rebuke that some officials...

Visa to acquire British payment company Earthport for $250 Mn

Visa Inc is paying 198 million pounds ($250.6 million) to buy Earthport Plc, a British firm that facilitates international transactions for banks and businesses,...

India’s largest bank SBI to suspend, internet banking services for few customers

India's largest bank, State Bank of India is planning to suspend the access of internet banking services for some of its customers who have...

NCPI limits UPI’s P2P transactions to 10 per day

The National Payments Corporation of India (NPCI) has announced: "the reduction in maximum number of P2P (peer-to-peer) transactions from 20 to 10 per bank,...

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