US confirms new Russia sanctions will target officials, financial institutions

Apr 05, 2022

Washington [US], April 6 : The United States has said it will announce a fresh round of sanctions against Russia later this week that...

US to impose sanctions on Chinese banks for assisting Russia in Ukraine war

May 11, 2024

The US is considering imposing sanctions on Chinese financial institutions, which are believed to be supporting Russia amid its invasion of Ukraine, in a...

RBI directs review of unfair interest practices by financial institutions

Apr 29, 2024

According to RBI, the directive, effective immediately, aims to address concerns over certain unfair practices observed during RBI's onsite examination of regulated entities (REs)...

FSDC calls for constant vigil on functioning of financial institutions

Feb 22, 2022

Mumbai (Maharashtra) [India], February 22 : The Financial Stability and Development Council (FSDC) on Tuesday met under the chairpersonship of Union Finance Minister Nirmala...

AI Adoption Lag Leaves Asian Financial Institutions Vulnerable Amid Rising Financial Crime

Oct 29, 2024

Palo Alto (California) [US], October 29: SymphonyAI, a leader in predictive and generative artificial intelligence (GenAI) SaaS products for the enterprise, today launched a...

UAE to participate in Joint Annual Meeting of Arab Financial Institutions

Apr 28, 2023

Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, will lead the UAE delegation, which will include Khaled Mohammed Balama, Governor of...