The Bank of Canada (BoC) delivers a widely expected 25 basis points rate cut, bringing interest rates down to 3.00% on Wednesday. This reduction in rates comes at a slower pace after back-to-back ...

said the enhancement in credit through KCC will facilitate short term loans for 7.7 crore farmers, fishermen, and dairy farmers | Photo Credit: DHIRAJ SINGH Bank credit could get a fillip over the ...

Former BOC Kenya chairman Ngugi Kiuna raised his stake in the company by more than half in the nine months to December 2024 to hit a holding of 17.66 percent, taking him closer to the threshold ...

to put it as guideline,” a banking source said. Earlier, when the credit limit was ₹3 lakh under KCC, the limit for each section was different, such as ₹2 lakh limit for dairy farmers ...

thanks to the increase in KCC loan limits, thereby helping 17 million farmers," said Akshay Tiwari, Research Analyst - BFSI at Asit C Mehta Investment Intermediates Ltd. The Reserve Bank of India ...

Carbacid Investments will be forced to offer shareholders of BOC Kenya Limited fresh terms should it move ahead with its protracted bid to buy out its fellow gas maker, potentially raising the ...

Today, there are close to 4,000 commercial banks in the U.S. And with online banking, customers have access to more banking products and services than ever before. Of course, when it comes to ...

Though Canada secured a 30-day reprieve from immediate U.S. tariffs on Monday, Bank of Nova Scotia economist Derek Holt is among those who aren’t ready to breathe a sigh of relief. Holt noted the ...

We live in a digital-dominated world that lets us manage many parts of our lives with a click of a button or a swipe on a screen — and banking is no exception. More than half of the country's ...

Bank of America (BoA) CEO Brian Moynihan believes US banking institutions are willing to adopt cryptocurrency payments if proper rules are in place, signaling that the financial industry is still ...

Canada’s annual inflation rate ticked lower in December as the goods and services tax holiday took effect, keeping the Bank of Canada on track to lower interest rates next week as the country ...

The Central Bank of Egypt (CBE) reported that the net foreign assets of the Egyptian banking sector recorded a surplus of $5.224bn (EGP 265.898bn) in December 2024, down from $5.95bn (EGP 295.6bn) in ...