Category : Search result: global financial system


NBFCs Sell Unsecured Loans to Cut Risk

Indian non-banking financial companies are strategically selling unsecured loan portfolios to banks and other investors amid regulatory scrutiny and rising risk concerns. Discover how this trend is reshaping lending practices.

13 convicted in ₹45 lakh bank fraud case by CBI court

A special CBI court in Chandigarh has convicted 13 individuals in a sophisticated ₹45 lakh bank fraud case involving forged documents and conspiracy. Discover the shocking details of how they manipulated the banking system.

India's Judicial Crisis: Neglect, Not System Failure

India's judiciary faces a critical crisis of delayed justice due to chronic underfunding and neglect, not systemic flaws. Discover why filling judicial vacancies and adequate funding could transform justice delivery.

Nepal Remains on FATF Grey List

Nepal continues its struggle with financial oversight as FATF maintains the country on its grey list, citing deficiencies in combating money laundering and terrorist financing.

IIT Madras Scholarships: 5 Key Financial Aid Programs

Discover IIT Madras' top 5 scholarship programs offering financial support to deserving students. Learn about eligibility criteria, award amounts, and renewal processes to fund your education at India's premier engineering institute.

Financial Systems as Public Goods: India's New Approach

Expert analysis reveals why treating financial systems as public infrastructure rather than private risks could transform India's economic stability and growth. Learn how this paradigm shift could benefit millions.

Finixx Awards 2025 Crowns India's BFSI Champions

Mumbai hosted the prestigious Finixx Awards Summit 2025, celebrating exceptional achievements and groundbreaking innovations across India's banking, financial services, and insurance sectors.

Saudi Ends Kafala System: Relief for Indian Workers

Saudi Arabia abolishes controversial Kafala sponsorship system, bringing major relief to Indian migrant workers facing exploitation. Learn how this landmark reform transforms labor rights in Gulf countries.

Saudi Ends Kafala System: Big Win for Indian Workers

Saudi Arabia abolishes controversial Kafala sponsorship system, granting unprecedented rights to migrant workers. Discover how this landmark reform benefits over 1.34 crore foreign workers, including millions of Indians.

Women-Focused Term Insurance Plans Launched

Discover how leading insurers are creating gender-specific term insurance products with enhanced benefits for women, addressing unique financial protection needs.

India's NBFC Crisis: RBI Warns of US Subprime Parallels

RBI's Financial Stability Report reveals alarming parallels between India's NBFC sector and the US subprime auto loan crisis. Discover the regulatory gaps and systemic risks threatening India's financial ecosystem.

Karnataka monitors university accounts directly

Karnataka Finance Department implements direct financial oversight of universities and autonomous bodies to enhance transparency and curb fund misuse. New monitoring system aims for better fiscal discipline.

Global Banks Bet Billions on India Amid US Credit Jitters

Major international banks including JPMorgan, Bank of America, and Citi are shifting focus to India, betting big on lucrative deals while US credit markets show signs of stress. Discover why India is becoming the new darling of global finance.

Diwali Money Mistakes: 5 Spending Traps to Avoid

As Diwali approaches, financial experts reveal common spending pitfalls that could derail your budget. Learn how to celebrate smartly without compromising your financial health.

Saudi Arabia Ends Kafala System After 50 Years

In a landmark move, Saudi Arabia abolishes the controversial Kafala sponsorship system after 50 years, granting unprecedented rights and mobility to millions of migrant workers across the kingdom.

Dhanteras 2025: 10 Smart Investments Beyond Gold

This Dhanteras 2025, explore smart financial moves beyond traditional gold and silver. Discover 10 modern investment strategies that can boost your portfolio and secure your financial future during the festive season.

Global Economy Shows Surprising Resilience: IMF Chief

IMF Managing Director Kristalina Georgieva shares unexpected positive developments in the global economy while warning about persistent uncertainties. Discover the key factors driving this surprising performance.

CITCO launches central reservation system for hotels

Chandigarh Industrial and Tourism Development Corporation launches innovative central booking platform, streamlining hotel reservations across multiple CITCO properties with real-time availability.

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