July 1, 2025

banking sector

Banking

Groundwork firmly set for banking industry’s digital era

In April, the government issued a decree regulating the controlled pilot mechanism in the banking sector. The move comes as fintech development trends are set to intensify. Hoang Viet Tien, deputy secretary general, Vietnam Digital Communication Association It is expected to be an important step in shaping a suitable legal framework for the development of

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Banking

Pakistan banking sector backs federal budget for FY2025-26 – Business & Finance

ISLAMABAD: The Pakistan Banks Association (PBA) has expressed full support for the federal budget 2025–26, describing it as a significant step towards inclusive growth and economic stability. In a press release issued on Wednesday, the PBA emphasised that the banking sector, as a key partner in Pakistan’s economic development, continues to play a vital role

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Banking

Bangladesh Banking Sector Reform 2025 | Reviving Bangladesh’s banking sector: A race against time for innovation and reform

Once a foundation of economic development, Bangladesh’s banking industry is on the verge of becoming its Achilles heel. Crushing non-performing loans (NPLs), poor governance, and stagnant innovation undermine confidence, limit credit expansion, and threaten financial stability. If dramatic changes are not sought, the country may lose one of its main tools for maintaining long-term economic

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Banking

Sensex, Nifty fall in afternoon session; auto, banking, pharma top losers

Indian benchmark indices, Sensex and Nifty, continued their downward path during the afternoon session on May 20, hampered by declines in the auto, banking, and pharma sectors. The Nifty Midcap 100 and Smallcap 100 indices also succumbed to selling pressure, bringing an end to their six-day winning streak. By noon, the Sensex had dropped by

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Banking

NBP advances technology to power smarter banking solutions – Business & Finance

KARACHI: In pursuit of innovation and excellence in customer service, National Bank of Pakistan (NBP) has successfully completed a major upgrade of its banking technology platform. This strategic enhancement demonstrates NBP’s ongoing commitment to harnessing modern innovations to streamline operations. The improved banking platform introduces a suite of enhancements, including accelerated transaction processing, significantly reduced

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Banking

4 Bank stocks signal bearishness; Bank Nifty to fall further? – Stock Insights News

The Bank Nifty index has made waves in the market, hitting an all-time high of 56,098 in April, but it now hovers around the 55,000 mark. Meanwhile, the Nifty50 benchmark index is still around 7% away from its own record high, while banking stocks have continued to outpace the broader market. However, the recent retracements

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Banking

Voice-based banking for financial inclusion of low-literate Indians

India has an estimated 18 crore low-literate people who struggle to read and write even in their native languages. With smartphone penetration crossing 650 million and regional content consumption skyrocketing, banks, startups, and government organisations are racing to bridge this divide by leveraging voice-based technology and Artificial Intelligence (AI). Earlier, we would pay EMIs in

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Banking

4 Reasons To Invest in Banking Stocks Like Goldman Sachs and JP Morgan Ahead of Spring

One of the hallmarks of the banking industry, and indeed many sectors of the overall stock market, is seasonality. Some businesses simply tend to perform better during different times of the year due to both consumer trends and macroeconomic factors. These types of stocks are known as cyclicals, and banks are among the most prominent.

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Banking

Banking customer secures rights against auto-finance facility – Business & Finance

LAHORE: A banking customer has secured his right of declaration, rendition of accounts, recovery, damages and injunction against an auto-finance facility from banking court, which had refused to take his case on the plea that it lacks jurisdiction on matters related to tort. According to details, the customer had filed a suit stating that an

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Banking

Banking system: Moody’s outlook – Editorials

EDITORIAL: Moody’s, one of three major international rating agencies, whose ratings determine the rate at which foreign capital can be accessed, noted on 12 March 2025 that “we have changed our outlook on Pakistan’s banking system to positive from stable to reflect the banks resilient financial performance as well as improving macroeconomic conditions from very

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