Mumbai: Bank credit growth to non-banking financial companies (NBFCs) continues to lose steam, even after the Reserve Bank of India (RBI) rolled back tighter risk-weight norms earlier this year to support the sector. Experts said NBFCs are increasingly turning to bond markets for cheaper and quicker funding, while stress in microfinance and unsecured business loans
Image: Supplied There’s a reason why the Middle East’s flagship airlines are globally renowned. When you entrust your travel to Emirates, Etihad, Riyadh Air, Qatar Airways, or any among the long list of prestigious national carriers, you’re not just booking a flight — you’re stepping into a brand that represents the future of mobility and
Chairman Prof. Narada Fernando Chief Executive Officer Clive Fonseka People’s Bank, one of Sri Lanka’s largest state-owned commercial banks, marks 64 years in operation today, affirming its role in expanding formal banking access and advancing financial inclusion. Over the decades, the bank has adapted to the shifting market dynamics and policy priorities, with the recent
Artificial intelligence is no longer a futuristic buzzword—it’s a present-day battleground for competitive advantage in banking. Across the globe, countries are embracing AI at vastly different speeds, with Asia and the Middle East taking the lead in enterprise adoption, while the U.S. and UK scale up their generative AI pilots. From virtual assistants to risk
Your 2025 Guide to Getting Approved for Bad Credit Loans: Compare Low Credit Finance Options from $100 to $5,000+ Miami, June 28, 2025 (GLOBE NEWSWIRE) — Do you often find yourself in a troubling financial situation and have no one to turn to for a loan or a financial institution that can lend you money?
California is in the process of passing several bills designed to further its crypto regulation and acceptance within the state. The Golden State is aiming to establish itself as the most crypto-advanced state in the country by enabling government agencies to accept cryptocurrency payments, while also passing a law that would enable it to seize
The FOS is an independent body with responsibility for deciding on complaints against firms that provide financial products and services. The highest amount the ombudsman can award went up this year to £445,000, a substantial increase from the £150,000 limit before April 2019. The FOS received 141,846 new complaints between July 1 and Dec. 31,
British Virgin Islands-based Dimitra Incorporated is pioneering efforts to convert verified farm data and assets into blockchain-based instruments via a digital token, $DTMR, the company’s CEO and founder, Jon Trask, has said. $DMTR is an exchange-based utility token created on the Ethereum blockchain as an ERC-20 token. Transactions are verifiable and transparent via Etherscan and
NEW YORK, June 20, 2025 (GLOBE NEWSWIRE) — Logan Ridge Finance Corporation (NASDAQ: LRFC) (“Logan Ridge” or “LRFC”) announced today that it obtained shareholder approval for the merger of LRFC with and into Portman Ridge Finance Corporation (NASDAQ: PTMN) (“Portman Ridge” or “PTMN”) following the special meeting of shareholders held on June 20, 2025. LRFC
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