Banking association rejects forced cash-trucking takeover theory

New Zealand’s sole cash-in-transit provider has raised the possibility of major banks attempting to take over its operations – an allegation strongly denied by the Banking Association as their dispute intensifies. The banks now claim they're just...

Banking sector records strongest growth yet, profit hits GH¢7.2bn

The Ghanaian banking sector has recorded a striking surge in profitability, posting a 32 percent uptick in after-tax profits to GH¢7.2 billion by June 2025, according to the Bank of Ghana’s July 2025 Monetary Policy Report. The profit before tax...

Banks' entry to make M&A funding a hard bargain

MUMBAI: India's alternative credit market is due for a shake-up, with private credit funds, non-bank lenders and even local arms of foreign banks that hitherto dominated big-ticket secondary-market M&As, such as the JSW Paints-Akzo Nobel buyout,...

Banks start to see benefits of rate cuts, advances rise

MUMBAI: Indian Bank, South Indian Bank, and Karur Vysya Bank have seen improved growth in advances in the second quarter of this year, reflecting the impact of the 100-basis-point cut in policy rates, disclosures by the respective banks show....

Banking and telecom stocks lift GSE to record highs

The GSE’s main equities benchmark climbed further on October 1, 2025, buoyed by gains in banking and telecoms stocks, as overall market capitalisation reached fresh highs. The Ghana Stock Exchange Composite Index advanced to 8,330.55 points...

Banks poised for ₹5 lakh cr lending opportunity as RBI opens door to M&A funding

The Reserve Bank of India’s (RBI) decision to eventually permit banks to finance corporate acquisitions, along with the removal of the Rs 10,000 crore cap on individual large corporate exposures, is expected to open up significant lending...

American Bankers Association relaunches consumer protection campaigns

The American Bankers Association (ABA), an organization representing the United States banking industry, relaunched two consumer protection campaigns on Wednesday that aim to help consumers and small businesses recognize and avoid fraud and scams....

Does the 'subscription economy' offer banks an opportunity?

Key Insight: Americans are increasingly overwhelmed by all their digital subscriptions, leaving an opening for banks to help organize and save money on them. Supporting Data: In 2022, the average U.S. consumer thought they spent $86 per month on...

National Theatre Revamp: AFRIMA commends Tinubu, CBN, Bankers’ Committee

The All Africa Music Awards (AFRIMA) in partnership with the African Union Commission (AUC) has commended President Bola Ahmed Tinubu, Central Bank of Nigeria (CBN), and Bankers’ Committee for their roles in the successful revamp and commissioning...

BSP: Banking services resume in typhoon-hit Masbate

The Bangko Sentral ng Pilipinas (BSP) said it coordinated with financial institutions to maintain banking service availability in Masbate after Typhoon Opong struck the province. The BSP’s Legazpi branch received a report that by Thursday noon,...

Vatican fraud banker seeks revenge on ‘lying’ prosecutor

A London banker convicted of embezzlement at the Vatican’s “trial of the century” has made a stinging attack on the Pope’s top prosecutor as he sets out to prove his innocence at an appeal trial. The Italian Raffaele Mincione, 61, claimed...

Core Banking Software Market Size to Hit USD 38.21 Billion by 2032, Surging Mobile Banking and Omnichannel Platforms Aid Growth Globally | SNS Insider

The market for core banking software is growing quickly as banks use cloud computing, AI-driven analytics, and digital transformation to enhance operations and customer satisfaction. Austin, Oct. 02, 2025 (GLOBE NEWSWIRE) — The Core Banking...

Understanding the New De-Banking Executive Order

Summary: Situation Overview: On August 7, 2025, President Trump issued an Executive Order (the “Order”) entitled “Guaranteeing Fair Banking for All Americans”, which has implications for retail and institutional fair lending practices. What: The...

Indian Banks Face Tepid Q2 as NIM Pressures, Credit Costs Weigh

According to an Axis Securities report, the banking sector is expected to have a soft second quarter due to slow growth and margin pressures. However, this quarter is likely to mark the bottom. As the earnings season for the second quarter of the...

Majority of consumers still using three main banks

The vast majority of consumers still use AIB, Bank of Ireland or PTSB for the bulk of their banking, but most younger customers also use Revolut, according to the Department of Finance's latest Consumer Sentiment Banking Survey. It found that 89%...

Indian banks’ capital market lending stays below 2% despite retail boom

At a time when one in every ten Indian households has exposure to the capital market, banks’ lending to the sector remains relatively small. The main reasons are the high risks associated with such loans and the Reserve Bank of India’s (RBI) curbs...

GCC banking sector maintains powerful performance in H1

The Gulf Cooperation Council (GCC) banking sector maintained a powerful performance in the first half of 2025, demonstrating strong profitability, asset quality, and robust capitalisation, according to the latest analysis from EY. The sector’s...

DWTS’ Alfonso Ribeiro explains why Tyra Banks was ‘set up for failure’ when she hosted the show

Dancing with the Stars host Alfonso Ribeiro is defending his former colleague Tyra Banks’s hosting abilities. The 54-year-old actor, best-known for his role as Carlton on The Fresh Prince of Bel-Air, spoke about Banks’s three years on DWTS during...

Oct. 2 - Sen. Jim Banks wants more efficient mail delivery in Indiana

WASHINGTON, D.C. — GOP U.S. Sen. Jim Banks introduced a bipartisan bill to ensure the United States Postal Service will give certain communities in Indiana their own ZIP codes, making mail delivery clearer and more efficient. Fellow Sens. Michael...

Some food banks in Ontario say changes to blue box pickup will impact their operations

As more changes to how recycling is picked up are set to take effect by January, some food banks say they are concerned that it will take money away from programs that support their communities. In 2021, the Ontario government finalized plans to...