Banking & insurance
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Kenyan banks expand MSME loan book by 30% to Ksh 424BLocal commercial banks increased their lending to Micro Small and Medium Enterprises by 30% in nine months of…
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Economic Times
Vi loan delayed by lenders; services safeDebt-ridden telecom operator Vodafone Idea's long-pending loan from the SBI-led consortium is still taking longer than anticipated because…
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Economic Times
Glare falls on booming gold loan businessIndia's gold loan market is expanding at an extraordinary pace, but the near doubling of delinquencies between March…
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Nifty PSU Bank logs biggest weekly surge in 7 months; PNB, Bank of India, Bank of Baroda among top performersPSU banking stocks rallied for a third straight week, lifting the Nifty PSU Bank index 8% to its…
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Banks increase MSME lending by 30pc to Sh424.7bnNAIROBI, Kenya, Nov 13 – Commercial banks increased lending to micro, small and medium-sized enterprises (MSMEs) by 30…
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Sumitomo Mitsui, Mizuho raises annual profit forecast and announces share buybackJapanese lenders are on a record earnings streak thanks to the BOJ's interest-rate hikes, with corporate borrowing showing…
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The Business Times
Microsoft outage gums up markets, forces traders to use phonesIn Singapore, traders report some banks’ inability to complete financing deals…
2 sources · The Business Times, Mint
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The Business Times
Microsoft outage sends traders back to phones and faxIn Singapore, traders say some banks are unable to complete financing deals as bourses elsewhere report e-mail issues…
2 sources · The Business Times, Moneyweb
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The Straits Times
Microsoft outage hits MAS, banks’ e-mails; banks offer customers alternative contact channelsCustomers are advised not to click on unknown or unsolicited links and messages relating to the disruption.
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Govt moves to continue subsidy for Raast QR paymentsPrime Minister Shehbaz Sharif has decided to continue the subsidy on merchant discount rate (MDR) charges for Raast…
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Bloomberg
China Policy Bank Bonds Suffer Selloff as Tax Worries Hit MarketConcern over a potential tax on Chinese government bonds is spilling over to major policy banks, pushing up…
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The Express Tribune
PSX climbs over 1,000 points by Friday midday breakKSE-100 rebounds as banks, energy stocks lift index 0.6% ahead of prayers…
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Microsoft Outlook outage puts Hong Kong’s financial sector on holdA multihour outage of Microsoft’s office software Outlook, beginning on Friday morning, severely disrupted work in Hong Kong’s…
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Inflation’s long road back to 3% stretches to 2028, warns KganyagoLesetja Kganyago says the current environment presents central banks with a very difficult balancing act…
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The Business Times
‘Fight AI with AI’: Singapore banks warn against third-party AI agents as observers flag liability riskFinancial institutions around the world are grappling with security risks…