All articles by Satarupa Bhowmik
Satarupa Bhowmik
Revolut launches as licensed Australian bank after APRA approval
In a statement, the fintech said the licence makes it the first global fintech to obtain a full unrestricted ADI licence.
India’s apex bank drafts new rules to ease foreign investment
The proposed framework seeks to streamline provisions, align definitions and simplify the overall regulatory structure.
Australia adds non-bank lenders to CDR framework
This aims to expand loan comparison tools and improve borrowing options for consumers and small businesses.
IDBI stake sale advances with revised bids from Fairfax, Emirates NBD
The updated offers are being assessed, with a high-level group of bureaucrats having met on 13 July to review the proposed deal.
HDFC headcount shrinks by over 3,000 amid automation push
The bank’s total headcount stood at 211,178 as of 31 March, according to its annual report released on 11 July.
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UK puts four major cloud providers under direct financial regulation
The BoE said that the CTPs will be expected to identify and control risks to their critical services “effectively”.
Hometown Financial to buy Primary Bank, shift to stock structure
The company also approved a plan to convert from a mutual holding company structure to a stock holding company structure.
Klarna applies for banking licence in US
The Swedish BNPL outfit is seeking approval to launch Klarna Bank USA as a Utah-chartered industrial bank.
Barclays to buy UK youth money management app GoHenry
GoHenry offers prepaid debit cards for those aged between six and 18 years, with integrated parental tools.
DBS brings tokenised physical gold to the mass market in Singapore
The offering is scheduled to debut on DBS digibank for retail investors in the second half of 2026.