BoM's Q1FY27 advances rose 27% to Rs 3.06 lakh crore. RAM up 25%, corporate crossed Rs 1 lakh crore. Total business at Rs 6.51 lakh crore, CASA slipped to 49%.
Category: Finance
Ghana’s Banks Hit 73% Sustainability Compliance Under New Roadmap
The Bank of Ghana launched the Ghana Sustainable Finance Roadmap on Tuesday, with 23 commercial banks hitting 73% compliance with the Sustainable Banking Principles by September 2025.
OpenAI May Wait Until 2027 to IPO, Letting Anthropic List First
OpenAI is weighing a 2027 IPO, after Anthropic's expected October debut. Goldman, Morgan Stanley, SoftBank, and Oracle all fell on the timing news.
Community Banks Are Quietly Placing Capital Behind Legacy Planning
Community banks are placing real money into legacy planning fintechs to lock in multi-generational deposits ahead of a $124 trillion wealth transfer.
British Business Bank Doubles Direct Scale-Up Investing Past £600m
The British Business Bank has doubled direct scale-up investing to over £600m in nine months, backing 50+ UK companies and targeting £400m a year.
Indonesia Puts Rp281 Trillion Back in Himbara Banks Through Year-End
Indonesia reinstates Rp281 trillion in Himbara banks through year-end with Rp100 trillion standby at Bank Indonesia to keep 11.5% credit growth going.
Open Banking Is Becoming Open Finance, and the Bank Loses Its Grip
Mastercard's open finance framing widens permission-based data sharing from bank accounts to pensions, insurance, payroll, and credit. What changes in 2026.
African Banks Squeeze Into Kenya, but Local Giants Refuse to Budge
Egypt's CIB, Nigeria's Access, and South Africa's Nedbank and Absa are stampeding into Kenya, but Equity, KCB and M-Pesa keep the $2bn pool hard to crack.
FTSE 100 Falls 35 Points as Apple’s Memory Bill Cracks the AI Trade
FTSE 100 fell 35 points to 10,495 as Apple's memory-driven MacBook and iPad price hikes cracked the AI trade, sending KOSPI down 8% and SoftBank down 14%.
Tech Rout Hits Dow as Memory Chips Drive the Other Way
The Dow fell 187.92 points to 51,732.70 Friday as Apple, Microsoft and Amazon sold off, while memory chip makers like Micron surged on record earnings.