Banking and Finance

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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?

Over 310,000 retail customers, 11,500-plus businesses availed TESS benefits

Lakshmi Vilas branches turning DBS Bank from Nov 27

RBI shoots down Muthoot’s plan to acquire two IDBI group firms

Foreign nationals allowed to own 100% in UAE businesses

Sebi provides new mode to apply in debt public issues

ADIB provides AED91m financing for UAE client to buy UK business park

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