First derivative referencing SORA in India by DBS Bank

Actively transitioned IBOR benchmarked transactions to new reference rates with two state-owned entities - Power Finance Corporation Ltd & REC Limited

DBS Bank India completes maiden active loan switch ahead of LIBOR transition

Rajasthan wants Reconsideration in Amendments in Provisions of Banking Regulation Act

Chief Minister Writes a Letter to Prime Minister
Rajasthan wants Reconsideration in Amendments in Provisions of Banking Regulation Act

Jaipur, 20 October 2020. Chief Minister Shri Ashok Gehlot wrote a letter to Prime Minister Shri Narendra Modi said that the amendments made in the provisions of the Banking Regulation (BR) Act will adversely affect the basic spirit of the Cooperative Banks and the Cooperative movement in the states. He requested the PM to reconsider the said amendments and restore the earlier system. 

AmBank Group implements Kamakura Risk Manager for Basel 3 LCR and NSFR

AmBank Group implements Kamakura Risk Manager for Basel 3 LCR and NSFR

SINGAPORE, Oct. 5, 2020 /PRNewswire/ -- Kamakura Corporation, the global leader in advanced analytics for enterprise risk management, is pleased to announce that AmBank Group has successfully implemented Kamakura Risk Manager (KRM) to manage compliance with Basel III Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR) requirements. AmBank Group is a leading financial services group with over 40 years of expertise in supporting the economic development of Malaysia.  

Only CMO of an Indian company featured in the list: HDFC Bank’s Ravi Santhanam in Forbes List of World’s Most Influential CMOs

Only CMO of an Indian company featured in the list HDFC Bank’s Ravi Santhanam in Forbes List of World’s Most Influential CMOs

Sunday, October 4, 2020 

Mumbai, Maharashtra, India:  Ravi Santhanam, Chief Marketing Officer (CMO), HDFC Bank has been recognised in the Forbes list of 'The World’s Most Influential CMOs’. Ranked at Number 39, he is the only CMO of an Indian company to be featured in the illustrious list which includes marketing heads of Apple, BMW, Lego, Adobe, Microsoft, P&G among others.

Credit Card is Newest Feature of Most Comprehensive Loyalty Rewards Program in Auto Industry

Following the introduction of the FordPass Rewards loyalty program last year, Ford continues to see increased enrollment month over month, which is a testament to the brand loyalty of its customers. We look forward to further enhancing that experience with the introduction of the FordPass Rewards Visa Card.

First National Bank of Omaha and Ford Launch New FordPass™ Rewards Visa® Card

Credit Card is Newest Feature of Most Comprehensive Loyalty Rewards Program in Auto Industry