Explained: Why Rs 1,577 crore discrepancy made Rs 15,000 crore hole in IndusInd Bank market value
About 6.4 lakh shareholders of private sector lender IndusInd Bank were in for a rude shock this morning as the shares crashed 25% after it disclosed accounting discrepancies of about Rs 1,577 crore ...
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Emirates NBD’s National Digital Talent Incubator concludes third cohort
Dubai, UAE: Reinforcing Dubai’s position as a global hub for FinTech, Emirates NBD, a leading banking group in the Middle ...
Forget ChatGPT: Why AI Agents Are The Real Game-Changer For Financial Services
Major banks are already investing billions in this technology that goes beyond conventional AI, creating systems that can learn, adapt, and perform complex tasks.
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EFG Hermes completes advisory on $163mln IPO of Alpha Data on the Abu Dhabi Securities Exchange
EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA), announced ...
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Relief for Absa customers in South Africa
Absa has seen its credit impairments improve, with further relief for the credit credit loss ratio expected in 2025.
Markets cut losses: Sensex recovers 400 pts from day's low, Nifty above 22,450; Bank Nifty under pressure
The broader market saw mixed trends, with midcaps holding steady while smallcaps extended losses, slipping 0.7 percent but recovering slightly from the day’s lows.