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AGP Executive Report

Last update: 4 hours ago

Banking Law Update (India): India’s Rajya Sabha passed the Bankers’ Books Evidence Bill, 2026, replacing a British-era law and making digital and virtual banking records admissible in court, with Finance Minister Nirmala Sitharaman saying the framework now matches today’s fintech and payment ecosystem. Corporate Banking Hiring (US): JPMorgan Chase plans to expand Asia-Pacific corporate banking hiring through 2027, citing momentum from AI, data centers and cross-border trade. Loan Write-Offs (India): Parliament was told banks wrote off Rs 9.95 lakh crore in large-industry and services loans over 12 years; the annual write-off fell to Rs 20,485 crore in 2025-26, with officials stressing write-offs are accounting cleanups, not debt cancellation. Digital Wallet Launch (Fiji): Bank South Pacific rolled out BSP eDollar, Fiji’s first bank-backed electronic wallet, enabling QR payments and transfers across participating banks and wallets. Share Buybacks (Europe): ING reported repurchasing 2,000,000 shares under its €1.0bn buyback program, with about 53% of the maximum value completed. Regulation Consultation (New Zealand): The Reserve Bank of New Zealand opened a consultation on a prudential levy covering banks, non-bank deposit takers and insurers, estimated to raise about $209m. Market Watch (Australia): Australian shares were flat as investors awaited the RBA decision, with banks weighing on sentiment. Cyber & Fraud Controls (US): Surfside Beach, after a $545,000 cyber scam, introduced stricter verification and dual-control authorization for outbound municipal transactions. Islamic Banking Awards (Qatar): QIIB won two Global Business Magazine awards for mobile banking experience and product innovation in Islamic finance, highlighting its digital transformation.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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Aug. 10, 2026

Alloy Labs releases 3Q 2026 planning brief for community banks

AGP

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4 hours ago

Motion View named Anker’s official distributor in Bangladesh

AGP

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Aug. 7, 2026

Eltropy unveils four-stage AI playbook for community banks and credit unions

AGP

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Aug. 6, 2026

Creatio sets September AI banking event for banks and credit unions

AGP


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Banks Seek RBI Relief As Bond Market Volatility Leaves Treasury Earnings Under Pressure Or Are Banks Simply Asking To Push Today’s Pain Into Tomorrow?

Banks Seek RBI Relief As Bond Market Volatility Leaves Treasury Earnings Under Pressure Or Are Banks Simply Asking To Push Today’s Pain Into Tomorrow?

Banks that win AI era won’t be fastest adopters, but those with strongest accountability, trust: RBI Governor Malhotra

Banks that win AI era won’t be fastest adopters, but those with strongest accountability, trust: RBI Governor Malhotra


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4 hours ago

NJ Department of Banking and Insurance to Maintain Three-Month Open Enrollment Period for Get Covered New Jersey Despite Federal Efforts to Narrow Sign Up Window

New Jersey Department of Banking and Insurance

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Aug. 10, 2026

Alloy Labs Publishes 3Q 2026 Executive Briefing to Help Community Banks Approach Strategic Planning With Confidence

EIN Presswire

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11 hours ago

ECB and Frankfurt Radio Symphony invite the public to Europa Open Air concert on 20 August 2026

ECB - European Central Bank

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3 hours ago

United Fintech enters its next chapter as infrastructure for wholesale finance

GlobeNewswire, Inc.

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5 hours ago

Progress on share buyback programme

GlobeNewswire, Inc.

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Aug. 7, 2026

ECB publishes consolidated banking data for end-March 2026

ECB - European Central Bank

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