June 8, 2025

Banking

Banking

BC Sakhi Yojana Transforms Rural UP; Over 50,000 women trained as banking correspondents

BC Sakhi Yojana: The Uttar Pradesh government’s BC Sakhi Yojana is redefining financial inclusion and women empowerment in rural India. Launched in May 2020, the scheme has trained 50,192 women as banking correspondents (BC Sakhis), with 39,561 of them currently active across villages. These BC Sakhis have facilitated transactions worth Rs 31,626 crore so far

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Banking

Global debt hits record of over US$324 trillion, banking trade group says

[NEW YORK] Global debt rose by around US$7.5 trillion in the first three months of the year to hit a record high of over US$324 trillion, data from a banking trade group showed on Tuesday (May 6). The Institute of International Finance (IIF) said China, France, and Germany were the largest contributors to the global

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Banking

Scrappers announce banking partnership | News, Sports, Jobs

Staff photo / Dan Hiner Vice President of HWS Baseball Jordan Taylor gives a speech during a press conference on Tuesday at Eastwood Field in Niles. The Mahoning Valley Scrappers and 7 17 Credit Union have worked together since the team’s inaugural season in 1999. And on Tuesday morning, the Mahoning Valley Scrappers and 7

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Banking

A New Benchmark for the Banking Sector in the CIS

In Q1 2025, Octobank made a powerful statement not only within Uzbekistan but also on the international stage. From record profits and global credit ratings to ESG initiatives and financial literacy programs, the bank is showing rapid growth and ambition worthy of global attention. Financial Breakthrough: A Record Quarter Octobank closed the first quarter of

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Banking

Banking, oil shares drag Sensex down 156 points

Benchmark indices Sensex and Nifty ended lower in a range-bound trade on Tuesday due to profit booking, mainly in banking and oil shares, and investors staying on the sideline amid escalating tensions between India and Pakistan. Photograph: Arko Dutta/Reuters Snapping its two days of gains, the 30-share BSE Sensex declined 155.77 points or 0.19 per

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Banking

Global debt hits record of over $417 trillion, banking trade group says

NEW YORK – Global debt rose by around US$7.5 trillion in the first three months of the year to hit a record high of over $324 trillion (S$417 trillion), data from a banking trade group showed on May 6. The Institute of International Finance (IIF) said China, France, and Germany were the largest contributors to

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Banking

Pubali Bank holds seminar on Islamic banking and finance

Tue May 6, 2025 08:35 PM Last update on: Tue May 6, 2025 08:37 PM Star Business Desk Tue May 6, 2025 08:35 PM Last update on: Tue May 6, 2025 08:37 PM Mohammad Ali, managing director and CEO of Pubali Bank PLC, attends the seminar on “Islamic Banking & Finance” at the bank’s head

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Banking

Mitchell pledges to lobby for banking services on islands | News

Progressive Liberal Party (PLP) Chairman Fred Mitchell said yesterday he is lobbying the government to address the “deterioration” of banking services in Family Island communities. “The banking situation in our country, despite newspaper headlines and individual consumer protests and central bank surveys and people in the industry saying it isn’t so, there continues to be

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Banking

LIV Golf wonderkid receives PGA Championship invite after banking £159k in Korea | Golf | Sport

Spanish LIV golf star David Puig is all set to grace the PGA Championship at Quail Hollow Club after receiving an invite, taking to Instagram to share his excitement for the major. Last week, Puig tied for 20th place at LIV Korea in Incheon and landed £159k for his efforts, while seeing Bryson DeChambeau clinch

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Banking

Banks led by SBI to sell their stake in YES Bank to Sumitomo Mitsui Banking Corporation; report

Investor-Banks led by State Bank of India (SBI) seem to have finally zeroed in on an investor to sell their investment in YES Bank (YBL). Japanese financial conglomerate Sumitomo Mitsui Banking Corporation (SMBC) has emerged as the successful bidder to buy the banks’ 33.71 per cent shareholding in India’s sixth largest private sector bank, according

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