BW Communities

Articles for Banking & Finance

Banking Glitch At Commercial Bank Of Ethiopia Allows Customers To Withdraw Millions

Customers realised early Saturday that they could withdraw more cash than their account balances at the Commercial Bank of Ethiopia (CBE)

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Ujjivan SFB Raises FD Rates, Offers Up To 9% Interest For Seniors

Ujjivan Small Finance Bank updates FD rates: Up to 8.50 per cent for regular customers, NRO/NRE accounts; 9 per cent for senior citizens. Additional benefits for platina FD customers

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RBI Boosts Oversight On P2P Credit Card Payments Amid Digital Finance Regulation Drive

The new guidelines essentially crackdown on using credit cards for payments that are not considered traditional merchant purchases

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Mastercard Collaborates With Alipay Wallet For Secure Global Remittances

As per Mastercard's Borderless Payments Report, 68 per cent of consumers would make more online cross-border payments if they were faster.

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Exim Bank Extends $23.37 Mn LOC To Guyana Govt

The Line of Credit Agreement to this effect was signed on 15 March 2024

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Over Rs 27.75 Lakh Cr Of Loans Disbursed Under Mudra Loan Scheme

The number of loans sanctioned under the scheme so far is 47,19,91,954.

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IL&FS Approaches NCLAT For Not Being Tagged As ‘Wilful Defaulter’

IL&FS also charged banks with taking procedural action under the garb of the RBI guidelines, and ‘harassing the Directors of the IL&FS companies’

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Yes Bank Collaborates With Indian Olympic Association For Paris Olympics 2024

The bank also introduced the 'Yes Glory' savings account offering, providing benefits to athletes and their immediate family members

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