A Digital Bank in Bangladesh-Opportunity and Imperative for growth of its Economy

A Digital Bank in Bangladesh: Opportunity and Imperative for growth of its Economy

Major General Dr Dilawar Singh shares his opinion on the opportunity and potential for setting up a new Digital Bank in Bangladesh are vast and promising. With a growing tech-savvy population, rising digital adoption, and government initiatives for financial inclusion, the market is primed for innovative digital banking solutions. Jul 23, 2023
Bombay Stock Exchange.

Stock Market: India's market cap outperforms global markets

Global market cap rose 7.3 per cent ($7.2Tn) over the last 12 months, while India's market cap jumped 17.2 per cent Barring Russia and China, all key global markets witnessed a rise in market cap over the last 12 months, Motilal Oswal Financial Services said in a report. Jul 4, 2023
Xiaomi

ED issues showcause notice to Xiaomi over FEMA violation; what does it mean [details]

The Enforcement Directorate (ED) on Friday said that the Adjudicating Authority has issued showcause notices to Xiaomi Technology India Private Limited, its officials and three banks under the relevant provision of the Foreign Exchange Management Act (FEMA) on the basis of a complaint filed by the probe agency in connection with illegal remittances made by the company to the tune of Rs 5,551.27 crore. Jun 9, 2023