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Banking and Finance

Banking and Finance latest

Indian Rupee hits record low as oil shock tests RBI’s firepower
April 30th, 2026 - 08:49 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Indian Rupee hits record low as oil shock tests RBI’s firepower

ALBAWABA- India’s currency is under renewed strain, with the rupee sliding to a record low against the U.S. dollar in late April, intensifying pressure on the Reserve Bank of India to steady markets while shielding the broader economy. The rupee weakened to around 96 per dollar on Thursday, marking a sharp decline from levels near 91–92 earlier this year and extending a multi-year slide that has eroded more than 12% ...
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 Cryptocurrencies do not act as any store of value nor are they a medium of exchange.
September 2nd, 2019 - 08:30 GMT

Learn More About Taxes, Cryptocurrencies in India

National Bank of Bahrain
September 1st, 2019 - 11:53 GMT

NBB First in Bahrain to Introduce NCR’S Innovative 80 Series ATMs

Abdul Shakeel
September 1st, 2019 - 09:31 GMT

Al Hilal Bank Appoints Abdul Shakeel Aidaroos as Chief Executive Officer

To revive the sector, the government has injected roughly $36 billion of taxpayer money into state-run banks over the last five years.
September 1st, 2019 - 08:07 GMT

India Announces Series Merger of 10 Public Sector Banks

Saudi exports increased 40 percent in 2018 compared to 2017.
August 29th, 2019 - 07:49 GMT

Saudi's EXIM Bank to Be Launched Within Months

Mr. Nasser Al Qaisi - Chief Retail Banking officer of Burgan Bank
August 28th, 2019 - 09:59 GMT

Burgan Bank Presents an Exclusive Back to School Offer to Credit Cardholders From “Eastpak”

National Bank of Oman
August 27th, 2019 - 10:57 GMT

NBO Connected With Customers at Salalah Tourism Festival

Bank ABC
August 27th, 2019 - 09:50 GMT

Bank ABC Makes Key Group Level Appointments

The bulk of debt issuance in the second quarter came from Saudi Arabia with US$26.8bn.
August 27th, 2019 - 09:47 GMT

GCC Debt Issuance Soars to $40 Billion in Q2 2019

During the event
August 27th, 2019 - 08:52 GMT

Bank Nizwa Credit Card Holders Enjoy Zero Foreign Transaction Fees During Travel

Assets of banks operating in the GCC increased by 9.13 percent year-on-year during the first half of 2019.
August 27th, 2019 - 08:35 GMT

Despite the Blockade, This Qatari Bank Tops GCC Peers With $243 Billion in Assets

The private sector foreign deposits soared about 23% year-on-year to QR158.92bn, or about 81% of the total deposits, in the country’s commercial banks in July 2019.
August 27th, 2019 - 07:37 GMT

Qatar Banks’ Overseas Private Deposits Soar in July

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