Banking

Moscow : One of the crucial topics the BRICS nations will consider at their summit next month is the establishment of long-term payment systems for...

Abu Dhabi : Reserve Bank of India and Central Bank of the United Arab Emirates (UAE) on Saturday signed two MoUs for the use of local currencies for...

Dhaka: Bangladesh is all set to settle trade with India in Rupee from Tuesday, a move to cut their reliance on the American currency, which was involved in...

Muscat: The total credit granted by banks in Oman increased by 4.9 percent according to an analysis of the activities of traditional commercial banks during...

Muscat: The Board of Governors of the Central Bank of Oman (CBO) convened its second meeting for 2023.At the outset of the meeting, the Board reviewed...

Zurich: Swiss banking giant UBS completed its takeover of embattled rival lender Credit Suisse, Switzerland's second-largest bank, on Monday.UBS had bought...

Beijing : China's largest state-run banks have reduced interest rates on deposits this week to boost consumer spending. The rate cuts, the second such...

Muscat: Sohar International Bank and HSBC Bank Oman signed a binding merger agreement after talks that kicked off in June 2022.The two banks agreed to take...

Mumbai: The Reserve Bank of India (RBI) held a conference for the directors on the Boards of Public Sector Banks. The conference was held in New Delhi on...