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Brazil’s Ebanx expands into India in Asian market debut

Brazilian financial technology company Ebanx is expanding operations to India, marking its entry into the Asian market ahead of plans to eventually launch an initial public offering (IPO), the firm said. The move is part of the company's global expansion...

SBI introduces digital opening of NRE/NRO account setup through YONO

State Bank of India (SBI) has introduced a digital facility for Non-Resident Indians (NRIs) to effortlessly open NRE and NRO accounts (both savings and current accounts) through its mobile app YONO. This service is designed for NTB or 'new to...

Indian Bank Launches IB SAATHI to Enhance Financial Inclusion Services

Indian Bank has introduced a new initiative called โ€˜IB SAATHIโ€™ (Sustainable Access and Aligning Technology for Holistic Inclusion) to bolster its financial inclusion efforts. The primary goal of IB SAATHI is to provide essential banking services to various stakeholders...

India-Middle East-Europe Corridor To Soar Trade Endeavours

The announcement made during the G20 summit about a multimodal transport and energy corridor connecting India and Europe through the Middle East represents a significant development in India's pursuit of greater connectivity with the regions to its northwest following...

CME & DTCC’s Enhanced Treasury Cross-Margining Approved

CME Group, the worldโ€™s leading derivatives marketplace, and The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, announced their enhanced cross-margining arrangement has received Securities and Exchange Commission (SEC) and...

Goldman Sachs Joins Eurex Listed FX Futures Business

Eurex, the leading European derivatives exchange and part of Deutsche Bรถrse Group, welcomes Goldman Sachs as a new member of its listed FX Futures business. As leading participant in the global FX markets, Goldman Sachs is supporting an essential...

RBC gets regulatory clearance for $10bn acquisition of HSBC Canada

The Canadian Competition Bureau has ruled that Royal Bank of Canada (RBC)โ€™s C$13.5bn ($10bn) acquisition of HSBCโ€™s banking business in Canada (HSBC Canada) is not expected to lead to a significant reduction or prevention of competition under the Competition...

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