Banking

The announcement from the State Bank of India follows the reconstruction scheme chalked out by the Reserve Bank of India for the financially troubled Yes Bank The State Bank of India said that its board has approved the state-run lender’s...

As part of the deal, Lloyds Banking Group will deploy various services from Google Cloud to help in its objective of optimisation, modernisation, and improvement of the customer experience Lloyds Banking Group has signed a five-year cloud contract with Google...

Sudan-based Al Khaleej Bank has selected Path Solutions and its iMAL platform to power its core banking operations. Headquartered in Khartoum, Al Khaleej Bank is an Islamic institution focusing on corporate banking and micro-finance. The bank also finances agricultural...

The California-based Credit Karma provides credit scores, reports and monitoring to its members across the US, the UK and Canada. Intuit, a US-based business and financial software company, has agreed to acquire consumer technology company Credit Karma in a...

The EBRD and Piraeus Bank Ukraine (PBU) are supporting the development of Ukraine’s small and medium sized enterprises (SME) with new financial products designed to reduce project and currency exchange associated risks. The financing package arranged by the EBRD for...

SB Financial, the parent company of State Bank and Trust, has agreed to acquire Edon Bancorp, in a deal worth $15.5m. Based in Edon, Ohio, Edon Bancorp is the parent company of The Edon State Bank Company of Edon,...

UK-based banking and financial services firm Standard Chartered, has partnered with enterprise software company Infor, to introduce the Infor Nexus network to its clients. The Infor Nexus network is said to transform the traditional manual process of data matching across...