Banking and Finance

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RakBank, MetLife join hands for life insurance solutions for bank customers

Cash & balances account for two-thirds of Central Bank assets

RBI releases draft criteria for NBFC dividend distribution

December 10 – Central Bank of UAE marks 40 years of existence

Moody’s assigns Aa2 rating to UAE with stable outlook

RBI cancels licence of Karad Janata Sahakari Bank

Yes Bank Tier 1 bond rating gets 3-notch upgrade to BWR BB+

TCS adjudged leader in mortgage operations

GFH acquires AMA International University for $100m

Emirates Refreshments for 10-fold increase in paid-up capital to AED300m

Yussafali proposes to invest in Byju’s

Foreign banks building overseas assets using domestic deposits?

Broader money supply M3 tops AED1.8tr for first time

RBI says GDP to turn positive from Q3, to close year at -7.5%

Arabtec shareholders sidestep revival proposal, stand up for liquidation

Will small banks be gradually crowded out in the ‘over-banked’ UAE?

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