Assurance Banking

Thursday, 26 January 2023

Latest News for: Assurance banking

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Sri Lanka says debt-restructuring talks making progress

Caledonian Record 26 Jan 2023

COLOMBO, Sri Lanka (AP) — Debt-stricken Sri Lanka’s Central Bank chief said Wednesday that ... “Other bilateral creditors, Paris Club, China and small bilateral creditors are in the process of issuing financial assurances,” Sri Lankan Central Bank Governor Nandalal Weerasinghe said.

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CBN promises to address scarcity of new naira notes in Osun, others

Business Day Online 26 Jan 2023

The Central Bank of Nigeria (CBN) has assured Nigerians that it will address the ...

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Material drop in NPAs of the banking system: RBI

Indian Express 26 Jan 2023

The Reserve Bank of India has told the Supreme ... The Reserve Bank continues to monitor the situation and would assure to take prudent measures in discharge of its statutory mandate, to ensure a sound and resilient financial system, in the interest of all the stakeholders\u201d.

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SBP intervention limits rupee’s fall after cap lifted

Dawn 26 Jan 2023

However, the rupee’s closing value was far higher compared to Rs252.5 in the early open-market trade on Wednesday after central bank’s intervention ... ECAP President Malik Bostan said the central bank had given an assurance at a meeting that commercial banks would be instructed to supply exchange companies with dollars within a week.

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Edo Introduces Digital Learning to Technical, Vocational Schools, Partners UNICEF, Others

This Day 26 Jan 2023

In his goodwill message, Senior Education Specialist at World Bank, Dr. Tunde Adekola, congratulated Edo State Government, GIZ-SKYE, and other partners for the conference, assuring of the World Bank’s support to promote and develop technical and vocational education in the state.

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LG Lauds J&K Bank’s Contribution In Job Creation During B2V4, MTMP 2.0

Kashmir Observer 26 Jan 2023

‘J&K Bank has become common man’s Bank’ ... J&K Bank has no parallel in the country as J&K’s progress hinges on J&K Bank’s progress and vice-versa ... He assured Chief Secretary that Bank would come up with a plan to contribute towards Central Government’s flagship campiagns ‘Nasha Mukti Baharat’ & ‘Swach Bharat’.

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Status of 2-day nationwide bank strike will be known on Jan 27

The Siasat Daily 25 Jan 2023

The status of the two-day strike announced by the bank unions will be known on January 27 when another round of conciliation meeting between the unions and the management will be held ... Venkatachalam, General Secretary, All India Bank Employees’ Association (AIBEA) told IANS.

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800 more cooperative banks set to join AePS platform

Financial Express 25 Jan 2023

The only inputs required for a customer to do a transaction under AePS are bank name, Aadhaar number and fingerprint captured during enrollment ... South Indian Bank MD ... Aadhaar has drastically reduced new customer acquisition costs for banks, fintechs and NBFCs as it has become an assured tool for e-KYC ... South Indian Bank MD.

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Emefiele Forecloses Extension of January 31 Deadline for Return of Old Banknotes

This Day 25 Jan 2023

•House of Representatives sets up committee to meet CBN, bank CEOs on redesigned currencies. •Apex bank gov says, about N1.5tn of old banknotes returned ... He urged those exaggerating the Ways and Means intervention to take it easy on the central bank, assuring, however, that it would soon securitise the debts.

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Material decline in NPAs, info on wilful defaulters to be published, RBI to SC

The Siasat Daily 25 Jan 2023

“Reserve Bank’s ... “The Reserve Bank continues to monitor the situation and would assure to take prudent measures in discharge of its statutory mandate, to ensure a sound and resilient financial system, in the interest of all the stakeholders,” it added.

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Peer-to-peer mobile payment apps poses risk for users

WPTV 25 Jan 2023

Do that with a phone number, email address, or a QR code ... That’s especially important if you are sending a lot of money. Move money from your P2P account to your bank account as soon as possible. That assures your funds are FDIC insured in your bank.Turn on all identity verification options available in the P2P app ... .

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A Longmont toy store’s Christmas nightmare

Daily Camera 25 Jan 2023

In total, Parsons said, these expenses added up to about $20,000, and he neglected to keep track of his bank account balance during this time ... “I thought that I had plenty of money in the bank.” ... Parsons assured the couple he would look into the matter with his bank, then left again, this time leaving his card and ID at the store.

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China offers Sri Lanka debt moratorium, IMF help still in doubt

Indian Express 24 Jan 2023

The Export-Import Bank of China has offered Sri Lanka a two-year moratorium on its debt and said it will support the country's efforts to secure a $2.9 billion loan from the International Monetary Fund, according to a letter reviewed by Reuters ... Sri Lanka's central bank chief P.

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