Banking

Muscat: The Board of Governors of the Central Bank of Oman (CBO) convened its second meeting for 2023.At the outset of the meeting, the Board reviewed...

Zurich: Swiss banking giant UBS completed its takeover of embattled rival lender Credit Suisse, Switzerland's second-largest bank, on Monday.UBS had bought...

Beijing : China's largest state-run banks have reduced interest rates on deposits this week to boost consumer spending. The rate cuts, the second such...

Muscat: Sohar International Bank and HSBC Bank Oman signed a binding merger agreement after talks that kicked off in June 2022.The two banks agreed to take...

Mumbai: The Reserve Bank of India (RBI) held a conference for the directors on the Boards of Public Sector Banks. The conference was held in New Delhi on...

New Delhi: Punjab National Bank on Friday posted a multifold increase in its net profit to Rs 1,864 crore for the quarter ended March 31, 2023, against Rs...

Muscat: Oman Development Bank (ODB) has approved 10 development loans with a value exceeding OMR 23 million for a variety of projects in the of...

Muscat: Oman Development Bank (ODB) achieved high growth rates in credit performance during the first quarter of 2023. The value of approvals issued for...

Washington: Regulatory standards for the recently failed Silicon Valley Bank in the US "were too low" and the supervision did not work with sufficient force...

Washington : US Department of State Principal Deputy Spokesperson Vedant Patel on Friday said US nominee for World Bank presidency, Indian-American...