June 6, 2025

Banking

Banking

Banking Bill allowing 4 nominees gets RS nod; needs deeper scrutiny: Opposition | India News

Amid concerns by Opposition members on proposed amendments, Parliament Wednesday passed the Banking Laws (Amendment) Bill, 2024, which allows bank account holders to have up to four nominees. Lok Sabha had passed the Banking Laws (Amendment) Bill in December 2024. Replying to a debate on the Bill in Rajya Sabha, Finance Minister Nirmala Sitharaman said

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Banking

Barclays layoffs to cut 78 jobs in North Jersey at banking giant

2-minute read Filing for New Jersey unemployment guide Step-by-step guide to navigating New Jersey’s unemployment filing process online. Megan Fernandes and Katie Sobko, NorthJersey.com Barclays indicated that the layoffs this summer were being done to “align staffing to current and expected business needs.” In 2024, the British banking firm laid off 70 people in Whippany,

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Banking

Banking, autos drive GT Capital profit

TY-LED GT Capital Holdings, Inc. reported a consolidated net income of P28.8 billion in 2024, down 1.7 percent from P29.3 billion in 2023, due to the absence of non-recurring gains recorded last year. Excluding non-recurring gains, core net income rose 11 percent year on year, largely driven by record earnings generated by its banking and

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Banking

Banking Laws Amendment: 4 Nominees Allowed in Bank Accounts: Rediff Moneynews

Parliament passed the Banking Laws (Amendment) Bill, allowing up to 4 nominees for bank accounts. The bill also redefines ‘substantial interest’ and increases the tenure of directors in cooperative banks. New Delhi, Mar 26 (PTI) Parliament on Wednesday passed the Banking Laws (Amendment) Bill, 2024, which allows bank account holders to have up to four

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Banking

Lawmakers’ proposed rules on wetlands banking would weaken restoration

Rules put in place decades ago to protect dwindling wetlands that help clean water and protect Florida from hurricanes and flooding face a new challenge. State lawmakers now want to rewrite the terms for builders who purchase mitigation credits and allow them to “bank” impacts far from where wetlands are paved over. Rather than restoring

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Banking

Revolutionizing Financial Operations: Transforming Banking with ERP

The Cloud has thrown more light on the ERP systems and thrown the banks into an unprecedented era of flexibility and scalability. Cloud-based ERP solutions allow for remote access, real-time data updates, and continuous upgrade of systems. Such functionality offers financial institutions the ability to keep up with changing market demands while still providing uninterrupted

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Banking

NBK unveils a suite of new features and enhancements for its mobile banking app

Al Dakhil: The continuous rollout of new enhancements and services underscores NBK’s deep understanding of customer aspirations Our innovative solutions showcase our digital leadership, consistently exceeding customer expectations In line with its commitment to advancing digital banking, National Bank of Kuwait (NBK) is continuously enhancing its NBK Mobile Banking App by introducing innovative features and

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Banking

The Future of Banking Compliance: Skylory Corp’s Predictions for 2025 and Beyond

The banking industry is facing an unprecedented wave of regulatory changes and technological advancements. As financial institutions strive to stay ahead of compliance requirements, the role of innovative solutions and proactive strategies has never been more crucial. Skylory Corp has been closely monitoring these shifts, analyzing trends, and forecasting what lies ahead. Here, we present

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Banking

Banking on Juan Soto: Mets star embraces $765 million worth of expectations

PORT ST. LUCIE, Fla. — With a matter-of-fact tone, Juan Soto sounded confident. In his decision to pick the New York Mets. In his ability to perform at an elite level, starting with Thursday’s season opener. In anything, really. Especially his contract. The pressure doesn’t cloud his view of it. He sees the realization of

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Banking

Singaporean daughter of Malaysian banking tycoon buys Tanglin Hill GCB for record S$93.9 million

Diona Teh Li Shian, the Singaporean daughter of late Malaysian banking magnate Teh Hong Piow, has purchased a Good Class Bungalow (GCB) in the prestigious Tanglin Hill area for S$93.9 million. The transaction sets a new record for GCB land sales in Singapore, with the purchase price translating to S$6,197 per square foot. According to

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