All articles by RanjithKumar Dharma
RanjithKumar Dharma
Indonesia’s BTN enters deal to buy Bank Victoria Syariah
The BVIS acquisition is part of BTN ‘s strategy to separate its sharia business unit.
SB Financial finalises Marblehead acquisition
Marblehead Bancorp merged with SB Financial, and The Marblehead Bank was integrated into State Bank.
RBC, Cohere partner on genAI platform development for financial services
The new platform will integrate advanced models and internal systems to secure the development of genAI solutions at RBC.
Deutsche Bank to acquire $800m bad loan portfolio from First Abu Dhabi Bank
Deutsche Bank outbid other contenders, including US hedge funds, for the non-performing loan portfolio.
Accenture buys digital twin banking tech platform from Percipient
The platform acts as a virtual replica of banks’ systems, providing a centralised data hub to simplify core modernisation.
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Scotiabank hands over Colombia, Costa Rica, and Panama operations to Davivienda
In return for the transfer of operations, Scotiabank will gain around a 20% stake in Colombia lender Davivienda.
Mashreq begins digital retail bank pilot in Pakistan
The bank focuses on providing a digital model that features top-tier Islamic banking solutions.
HDFC Bank gets Reserve Bank of India nod for stake hike in three banks
The nod allows the group to hold up to 9.5% stakes in Kotak Mahindra Bank, AU Small Finance Bank, Capital Small Finance Bank.
Turkey plans cap on banking executives’ tenure
The draft proposes a ten-year limit for CEOs and deputy general managers, extendable by five years with regulatory approval.
Crypto.com and Dubai Islamic Bank forge alliance
The deal promotes the Crypto.com App and Card, as well as launches reward campaigns for DIB customers.