Charu Sachdeva Mathur, a key leader at IndusInd Bank, has resigned from her role as Head of Digital Banking and Strategy. The resignation took effect on September 15, 2025, as...
Category: Finance
Beauty Tech Group Sets Sights on £350M IPO
Cheshire-based Beauty Tech Group has revealed fresh details on its planned initial public offering on the London Stock Exchange, aiming for a valuation around £350 million. Set for later in...
South Africa Banks Slam Credit Law U-Turn
South Africa’s leading banking group has sharply criticized Trade Minister Parks Tau for pulling back proposed changes to the National Credit Act. The move, announced last week, aimed to ease...
Ethiopia Banks Hit by Scandals and Failures
Ethiopia’s banking sector is reeling from major setbacks, with Selam Bank’s quiet collapse and Sinque Bank’s audit exposing hidden loans and fraud. These issues, unfolding in 2025, raise questions about...
South Korea Gold Banking Tops 1.2 Trillion Won
South Korea’s gold banking balance has crossed 1.2 trillion won for the first time ever, driven by soaring gold prices and investor demand. This milestone, reached as of September 11,...
Top 5 Bank Mis-Selling Traps and How to Avoid Them
In India, banks and agents often push unsuitable financial products to earn commissions, leaving customers like Rajeev Agarwal and Gaurav Santoshwar with regrets and financial losses. As of 2025, regulators...
RBI Fines Two Northeast Banks Rs 9 Lakh for Rule Breaks
The Reserve Bank of India slapped penalties totaling Rs 9.10 lakh on two cooperative banks in the Northeast for failing to follow key rules. Tripura State Cooperative Bank got the...
S&P Upgrades Vietcombank to BB+ Rating
Standard & Poor’s Global Ratings has upgraded Vietcombank’s long-term issuer credit rating to BB+ from BB, marking the highest rating among Vietnamese banks and matching the nation’s sovereign rating. This...
Klar Buys Bineo to Secure Mexico Banking License
Mexican fintech company Klar has agreed to purchase Bineo, the digital banking unit of Grupo Financiero Banorte. This deal, announced in early September 2025, lets Klar gain a full banking...
RBI Fines Three Coop Banks Rs 8.6 Lakh for Rule Breaks
The Reserve Bank of India has hit three cooperative banks with fines totaling Rs 8.6 lakh for breaking key banking rules. This action, announced on September 9, 2025, targets Bidar...