Tag: Banking
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India’s Goal: Two Public Sector Banks in Global Top 20
Introduction In a significant move to elevate India’s financial standing, the government has set an ambitious target for public sector banks (PSBs). As part of its broader strategy to establish India as a ‘Developed Nation’ by 2047, the aim is to position at least two PSBs among the top 20 global banking institutions. Currently, the…
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India’s Ambition: PSBs in World’s Top 20 by 2047
Introduction India is on an ambitious path to elevate its Public Sector Banks (PSBs) into the top 20 global banking institutions by the year 2047. This vision stems from a commitment to enhancing corporate governance, modernizing operational frameworks, and improving customer experience. The PSB Mandate Conference highlighted these crucial areas over two days dedicated to…
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Greek Banks Extend €4 Billion in New Loans to Businesses
Overview of Loan Disbursement in Greece In a significant boost to the Greek economy, banks have extended approximately €4 billion in new loans to businesses since the beginning of 2023. This initiative aims to support economic recovery and stimulate growth, particularly in the aftermath of the challenges faced during the pandemic. Impact of New Loans…
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Government’s Controversial Endorsement of Bank Practices
Government’s Full Endorsement of Controversial Bank Practices Recent statements from prominent officials indicate that the government is fully endorsing a controversial practice by the National Bank. This practice involves the unilateral conversion of depositor accounts into privileged accounts, which incur monthly charges. Such actions have raised eyebrows among consumers and financial experts alike. The National…
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Velarde on Investment Decision: Challenges for Entrepreneurs
Investing in Uncertain Times: Insights from Julio Velarde In a world where investment decisions can hinge on myriad factors, the voice of seasoned leaders like Julio Velarde, the president of the Central Reserve Bank of Peru (BCRP), is invaluable. During the closing day of inPerú 2025, a prominent investment event held in Madrid, Velarde spoke…
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Top 7 Banks Offering High Fixed Deposit Rates
Introduction In an era where financial stability and growth are paramount, fixed deposits (FDs) are a popular choice among investors. They offer a safe avenue to grow savings with guaranteed returns. If you’re looking for the best rates, here’s a detailed look at the top 7 banks offering high fixed deposit rates in India. 1.…
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Top 7 Banks Offering High Interest on Fixed Deposits
Introduction In the current financial landscape, choosing the right bank for your fixed deposit (FD) is crucial for maximizing your savings. With interest rates fluctuating, it’s essential to stay updated on which banks offer the highest rates. This article highlights the top 7 banks offering high interest on fixed deposits as of 2025, ensuring you’ll…
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Top 7 Banks Offering High Fixed Deposit Interest Rates
Introduction to Fixed Deposits Fixed deposits (FDs) are one of the safest investment options for individuals looking to grow their savings. With fixed interest rates, these deposits allow investors to earn guaranteed returns over a specified period. Most banks offer competitive rates, but some stand out more than others. Why Choose Banks with High FD…
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Current Trends in Israeli Stock Market: Gains and Losses
Overview of the Israeli Stock Market The Israeli stock market is currently witnessing varied performance across different sectors. While some stocks, such as Mahalavot Gad, are experiencing significant gains, the broader market reflects a more mixed sentiment. Stock Performance Highlights Mahalavot Gad leads the way with an impressive rise of 16%. This surge indicates strong…
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Tireseas AE: The Guardian of Credit Worthiness Under Pressure
Introduction to Tireseas AE Tireseas AE, a pivotal player in the realm of credit monitoring, serves as a guardian for banks and financial institutions in Greece. Established to collect essential data, Tireseas helps mitigate risks associated with delinquent borrowers, fostering a healthier credit environment. However, recent reports indicate that the company is facing significant challenges,…