Read the latest news from regional and global sources, presenting different voices and perspectives.
Credit card growth slows in June 2025, new additions drop at top banks
The Economic Times
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July 22, 2025
In signs that asset quality worries are yet to recede for India's credit card industry, some of the country's largest issuers saw significant drops in their new card additions in June 2025, data released by the Reserve Bank of India (RBI) showed....
AQR finds hidden bad loans of 6 Islami Banks 4 times higher than previously reported
Bangladesh Post
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Bangladesh's banking sector has been rocked after international audit firms revealed a huge hidden bad debt at some Shariah-based banks. The latest update has surprised banking sector experts, including the Bangladesh Bank, as the findings suggest...
NCC Bank recognised as one of top sustainable banks
Bangladesh Post
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NCC Bank PLC has been recognised as one of the "Top Sustainable Banks" in Bangladesh for 2024 by Bangladesh Bank, in acknowledgment of its strong commitment to sustainable finance and inclusive banking practices. To mark this achievement, the bank...
Janata Bank holds training session on Islamic banking
Bangladesh Post
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Janata Bank PLC has organized a five-day training course titled Islamic Banking Operation at Janata Bank Staff College, Dhaka. Md Mojibur Rahman, Managing Director of the bank recently inaugurated the program. A total of 25 executives and officers...
Bangladesh central bank honours Sri Lankan bankers for foiling 2016 cyber heist
Daily FT
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From left: Central Bank of Sri Lanka IT Director Bandara Herath, Pan Asia Banking Corporation former CEO Dimantha Senaviratne, Bangladesh central bank’s Governor Dr. Ahsan H. Mansur, Pan Asia Banking Corporation Chief Executive Officer Naleen...
RBI Imposes Over Rs9 Lakh Penalty on 3 Cooperative Banks from Maharashtra, 1 from Karnataka
Moneylife India
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Reserve Bank of India (RBI) has imposed a penalty of Rs9.20 lakh on three cooperative banks from Maharashtra and one from Karnataka for non-compliance with the directions issued by the banking regulator. The highest penalty of Rs6 lakh has been...
UK-Based Global Banking & Finance Awards recognises Janashakthi Life for digital transformation
Daily FT
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Janashakthi Insurance Director/CEO Ravi Liyanage Janashakthi Group Chief Information Officer K.V. Kuganathan Janashakthi Life has been named the Best Life Insurance Company for Digital Transformation – Sri Lanka 2025 by the prestigious UK-Based...
Banks, Importers Applaud New Customs Platform For Efficient Service Delivery
New Telegraph
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July 21, 2025
Banks, importers and other stakeholders in the seaports have commended Nigeria Customs Service (NCS) for simplifying trade facilitation with indigenous technology, B’Odogwu. They explained that the project was a topnotch when compared with the...
Banks, mules and government fools let scammers run free in Australia
Independent Australia
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July 22, 2025
Behind every scam that robs Australians blind is a system that protects the banks, ignores the victims and enables the crime, writes Dr Kim Sawyer. SCAMS ARE the perfect crime, at least in Australia. It is only when you are the subject of a large...
NBFC credit to GDP has increased to 26% in FY25, continues to outpace banks: Report
ETBFSI.com
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July 22, 2025
New Delhi [India], July 22 (ANI): The credit provided by Non-Banking Financial Companies (NBFCs) in India has seen a sharp rise over the years, with NBFC credit to GDP increasing to 26 per cent in FY25, up from 16 per cent in FY19, according to a...
Climate First Bank and Orlando Gay Chorus Launch Pride Banking Partnership
European Business Magazine
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July 22, 2025
Climate First Bank and Orlando Gay Chorus Announce Partnership Dedicated to Supporting the LGBTQIA+ Community ST. PETERSBURG, FLORIDA / ACCESS Newswire / July 22, 2025 / Climate First Bank (www.climatefirstbank.com), the world’s first...
Ariel Appreciation Fund: Goldman Sachs (GS) — A Top Investment Banking Franchise on Wall Street
Yahoo Finance
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Ariel Investments, an investment management company, released its “Ariel Appreciation Fund” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. Following the initial market decline triggered by the "Liberation Day"...
OpenAI CEO Sam Altman warns of AI being used for voice fraud in banking
The Independent
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July 22, 2025
Your support helps us to tell the story From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our...
WAFCON 2024: Madugu Banks On Ajibade For Victory Over South Africa
Complete Sports
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July 22, 2025
Super Falcons head coach Justine Madugu has tipped captain Rasheedat Ajibade to help the team achieve success at the ongoing 2024 Women’s Africa Cup of Nations in Morocco. Ajibade was named Woman of the Match in Nigeria’s quarter-final victory...
Fed officials, banking experts discuss regulatory rewrite effort at conference
Yahoo Finance
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By Pete Schroeder WASHINGTON (Reuters) - The Federal Reserve continued work on its comprehensive effort to rewrite bank rules with a daylong conference at its headquarters on Tuesday. At the conference in Washington, regulatory officials, bankers,...
Banks seek EU supervisory green light on external credit data
Risk.net
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July 22, 2025
Bankers in the European Union have approached their regulators in a bid to strengthen official support for the use of external credit loss data to model bank capital requirements. “We are engaging with regulators and policy-makers such as the...
Senator Warren warns potential BNY merger with Northern Trust may violate federal banking laws
Yahoo Finance
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By Pete Schroeder and Saeed Azhar WASHINGTON (Reuters) -Senator Elizabeth Warren has warned BNY that its reported interest in a merger with Northern Trust could violate federal banking laws, saying any potential deal between the two large custody...
China Blocks US Commerce Department Official, Wells Fargo Banker From Leaving Country
News18
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July 22, 2025
Last Updated:July 22, 2025, 21:45 IST The US State Department is monitoring the situation closely where two American citizens were handed exit bans. A police officer orders passengers off the plane before all other passengers without explanation...
Core Banking Systems Market Set to Grow at 8.5% CAGR Through 2034 Amid Retail Banking Evolution
TechEconomy
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July 22, 2025
Advertisements The retail core banking systems market was valued at USD 9.9 billion in 2024 and is estimated to grow at a CAGR of 8.5% to reach USD 20 billion by 2034. This growth is being driven by the increasing demand for digital banking...
Telcos, banks review consent interface for receiving commercial calls, messages
ETTelecom.com
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July 22, 2025
Telecom companies and banks are developing a simple interface for consumers to record, review and revoke their consents for receiving commercial calls and messages. “A major pilot project is underway to enhance consumer control over commercial...