Search result for Overseas Bank
According to reports, DBS, OCBC, and UOB are restricting funding for Russian energy deals
Singapore's leading banks are limiting trade financing for Russian raw materials, as the conflict in Ukraine prompts lenders in Asia's largest resource and commodities trading hub to cut their exposure to the sanctioned country.
According to reports, the restrictions include a p...
KNOW ABOUT ASHWINI BHATIA, THE NEXT SBI MD RECOMMENDED BY BANKS BOARD BUREAU
Highlights
• Along with Ashwini Bhatia for SBI, MV Rao and PP Sengupta are also recommended by the BBB for the post of MD at the Central Bank of India and Indian Overseas Bank
• According to the official statement, BBB had interactions with 20 contenders from various...
Exporters look ahead after disappointing 2019
The trade-dependent economy of Singapore reached its lowest export showing yet ever since the global financial crisis owing to non-oil domestic exports (NODX) dropping by 9.2% in 2019.
According to existing data provided by the trade agency Enterprise Singapore this Friday, this drop sh...
Foreign banks don't seem very appreciative of US-China agreement
The Zacks International Banks Market frequently covers foreign banks based in the U.S. As an international banking company in the U.S. can have both state-chartered and federal branches, the Federal Reserve plays a major role in managing its activities in the U.S.
Such companies not onl...
RBI moves quickly on DHFL, establishing 3- member committee
MUMBAI: The Reserve Bank of India, bolstering its role as a monetary services regulator, discovered a three-member consultatory committee on Friday to help the administrator it's appointed for Dewan Housing Finance Corp. Ltd (DHFL) to make sure that the debt-laden company’s quality does...
Finances are changing and can this help the insurance sector
The insurance sector of India has been suffering as the financial sector and the banking sector the nation is facing major issues. The frauds in banks and the financial firms have led to this situation where the nation of India is almost seeing the death of the insurance sector
The Entr...
IOB dispatches medical coverage arrangement for clients
Karnam Sekar, MD, and CEO, Indian Overseas Bank, stated, "The Bank's involved acquaintance with Universal Sompo brought about offering different imaginative approaches on the constant reason for IOB clients. The bank group will advance approaches of Universal Sompo that would increment n...
A new entry to the insurance scene
As the insurance scene of India is quite a mess these days we are seeing the emerging players in the market as the new digital ones leaving the traditional ones smoking the dust in this digitization of the insurance sector.
A new entry to the market of insurance is from the State-owned ...