March 2025 - Page 3

Bank Indonesia (BI) has decided to keep its benchmark 7-day reverse repurchase rate at 5.75 percent, in line with market expectations. The central bank also maintained the overnight deposit facility rate at

Deutsche Bank has partnered with its asset management arm, DWS, to strengthen its position in the fast-growing private credit market. The collaboration gives DWS priority access to asset-based finance, direct lending, and

The Reserve Bank of India (RBI) has announced that trade transactions between India and the Maldives can now be settled in their respective local currencies—the Indian Rupee (INR) and the Maldivian Rufiyaa

British fintech firm OakNorth has announced the acquisition of Michigan-based Community Unity Bank (CUB) in a stock-for-stock transaction, marking a major step in its expansion into the U.S. market. The deal, which

London-based fintech company Curve has raised £37 million in a funding round led by Hanaco Ventures, with participation from Fuel Ventures, IDC Ventures, Outward VC, and Lord Stanley Fink. The funding aims

Poonawalla Fincorp Ltd, the non-banking financial company (NBFC) of the Cyrus Poonawalla Group, has launched a new commercial vehicle (CV) loan business targeting India’s Tier-2 and Tier-3 markets. The initiative aims to

Taiwan’s Foxconn, the world’s largest contract electronics manufacturer, reported a 13% decrease in its fourth-quarter net profit, totaling T$46.33 billion ($1.41 billion), falling short of analysts’ expectations of T$54.4 billion. This decline

The Reserve Bank of India (RBI) has imposed financial penalties on JM Financial Products Limited and Experian Credit Information Company of India for failing to comply with regulatory norms. JM Financial Products