Commercial banks have sought Nepal Rastra Bank (NRB)’s favour to apply the traditional method in tax calculation. Following the execution of the new accounting and reporting standards — Nepal ...

The RBI has proposed new guidelines capping dividends by banks at 75% of net profit, introducing a revised calculation method ...

The Reserve Bank of India (RBI) issued draft guidelines on Tuesday for its proposed plan to change the method by which banks calculate their lending rates in order to make them more responsive to the ...

The Nepal Rastra Bank (NRB) seems to be in no mood to review its new spread rate calculation decision. Though bankers had recently collectively urged the central bank to review the ‘spread rate ...

When the Reserve Bank of India (RBI) said in its monetary policy statement that the central bank would work with the government to create conditions to ensure that banks pass on interest rate cuts ...

Galileo Financial Technologies, SoFi Technologies, Inc.’s Technology Platform, has launched Galileo Payment Method Switch, powered by Atomic. This product enables banks, fintechs and brands to make it ...

Mumbai: Getting tough on banks for their reluctance to move towards a transparent interest rate regime, RBI governor Raghuram Rajan on Tuesday insisted that the lenders will have to follow the new ...

Galileo integrates another new solution, powered by Atomic, to help clients become the first choice for everyday spend and grow recurring revenue. Clients can embed Galileo Payment Method Switch into ...

In an effort to curb the crab mentality among litigious bidders to acquire stressed assets under the Insolvency and Bankruptcy Code (IBC), banks, in a proposal to the Ministry of Corporate Affairs, ...