SIB has also established tie-ups for fulfilling the NRI customers’ insurance and mutual fund requirements.
India’s cabinet has approved a rescue plan for Yes Bank, the finance minister said on Friday, as authorities look to prevent a broader banking crisis.
State-owned insurer Life Insurance Corporation may consider joining RBI efforts to rescue Yes Bank. The minimum investment for SBI would be Rs5,500 crore if it picks 26 per cent stake in Yes Bank.
With the coronavirus pandemic causing nationwide lockdown and affecting businesses, the government has decided to pitch in with its support for the corporate sector to prevent any liquidity problems for them.
Li Xuhang, Consul General of the People’s Republic of China in Dubai, rang the market-opening bell at Nasdaq Dubai on Tuesday to celebrate the listing by China Construction Bank (CCB), of two green bonds of $700 million and $500 million respectively.
Reputation House, a global leader in Online Reputation Management (ORM), celebrated the official inauguration of its Middle East and North Africa (Mena) Headquarters based in Dubai, marking a pivotal moment in the company’s expansion strategy. The launch underscored Reputation House’s deep-seated
In a powerful demonstration of global solidarity, governments, businesses, investors and philanthropies have announced over $57 billion (Dhs200 billion) across the climate agenda in just the first four days of COP28.
The Central Bank of the UAE (CBUAE) today announced the results of the COP28 UAE TechSprint initiative on Finance Day at COP28. Launched by CBUAE, COP28 Presidency, the Bank for International Settlements (BIS), and the Emirates Institute of Finance (EIF); the global initiative promotes technology
DP World, one of the world’s largest trade and logistics firms, has conducted a pioneering study assessing the impact of climate change on its global network of Ports and Terminals (P&Ts) through to the end of the century. As the world prepares for the COP-28 climate talks in Dubai, some impacts