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Reserve Bank of India imposes monetary penalty on Jammu and Kashmir Bank Limited

India, Dec. 5 -- The Reserve Bank of India (RBI) has, by an order dated December 01, 2025, imposed a monetary penalty of Rs. 99.30 lakh (Rupees Ninety nine lakh thirty thousand only) on Jammu and Kash... Read More


RBI imposes monetary penalty on Keertana Finserv Limited

India, Dec. 5 -- The Reserve Bank of India (RBI) has, by an order dated December 02, 2025, imposed a monetary penalty of Rs. 3.10 lakh (Rupees Three Lakh Ten Thousand only) on Keertana Finserv Limited... Read More


RBI imposes monetary penalty on Bansal Credits Limited

India, Dec. 5 -- The Reserve Bank of India (RBI) has, by an order dated December 2, 2025, imposed a monetary penalty of Rs. 6.20 lakh (Rupees Six Lakh Twenty Thousand only) on Bansal Credits Limited (... Read More


RBI grants 'In-principle' Approval to Fino Payments Bank Limited for conversion into a Small Finance Bank

India, Dec. 5 -- The Reserve Bank has today granted 'in-principle' approval to Fino Payments Bank Limited (FPBL) for conversion into a Small Finance Bank (SFB).BackgroundRBI has issued the Guidelines ... Read More


GE Aerospace Commits $125,000 to Further Aviation Education and Workforce Training in Malaysia

Malaysia, Dec. 5 -- GE Aerospace announced a $125,000 (MYR $513,212.5) commitment to Universiti Kuala Lumpur Malaysian Institute of Aviation Technology (UniKL MIAT) in Selangor, Malaysia, to support a... Read More


ADB Approves $381 Million Financing to Modernize Agriculture, Education, and Health Services in Punjab, Pakistan

Pakistan, Dec. 5 -- The Asian Development Bank (ADB) has approved three projects totaling $381 million to advance agriculture, education, and health services in Punjab Province, Pakistan. These develo... Read More


EBRD and EU helping to tackle energy losses in Tajikistan

Tajikistan, Dec. 5 -- The European Bank for Reconstruction and Development (EBRD) is helping to enhance the sustainability and efficiency of Tajikistan's electricity distribution network by organising... Read More


EBRD backs green transport upgrade for Cherkasy, Ukraine

Ukraine, Dec. 5 -- The European Bank for Reconstruction and Development (EBRD) is lending €16 million to the City of Cherkasy in Ukraine to finance the purchase of modern trolleybuses and the up... Read More


IDB Group and ECLAC Launch First Integrated Housing Data Platform for Latin America and the Caribbean

United States, Dec. 5 -- Housing shortages and urban development challenges remain among the most pressing issues in Latin America and the Caribbean. Addressing these challenges starts with something ... Read More


Gavi and World Bank Group Deepen Collaboration to Boost Health System Resilience and Regional Vaccine Manufacturing

Switzerland, Dec. 5 -- Gavi, the Vaccine Alliance (Gavi), and the World Bank Group are deepening their collaboration to strengthen financing for immunization and primary healthcare systems, while also... Read More