Banks lost Rs 41167 crore to fraud in 2017-18: RBI

Banks lost Rs 41167 crore to fraud in 2017-18: RBI

Fraudsters have looted Rs 41,167.7 crore from the banking system in 2017-18, a sharp jump of 72 per cent from Rs 23,933 crore the previous year,
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What Are Crypto Banks and How Can They Change the Financial Industry?

Crypto banking is an important player in restructuring within the broader scale of the financial industry. It comes as an improvement of centralized
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Sole suspect in banking heist named

New Taipei City prosecutors yesterday named Yu Ning-chun (游甯鈞) as the sole suspect in a bank heist that occurred on Friday last week, saying that
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BOS president McGlasson retiring after 45-year career in banking

After 45 years in the banking industry, it would be easy to assume this was always the field that Bank of Springfield President Mick McGlasson
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Is Digital Banking A Sexy Label, or Basic Human Right?

While every established bank ponders this question today – fintechs are not giving them much time to decide, as they challenge turfs long-held by
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Default on loans rises as glut hits property market

At the beginning of the year, real estate firm, Northcourt, in its ' 2018 Nigeria Real Estate Market Outlook', had stated that consumer purchasing power
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Smartcentres Real Estate Investment Trust (SRU.UN.TO) See a Dip of -2.64% For the Week

Investors are constantly striving to get on top in the share market. … At the time of writing, Smartcentres Real Estate Investment Trust (SRU.UN.TO) has
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Neobanks to grab open banking opportunities

More neobanks will be expected to emerge in 2019 as the first stage of open banking is poised to roll out in July next year, says a data an analytics
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Axios Edge

For all the geopolitical chaos in the world, one thing has never been safer: Lending money to governments. This chart comes from the magisterial
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Libor is going dark in 2021, and some banks aren't ready

WASHINGTON — Industry insiders are worried some banks are not paying enough attention to the likely switch to a new interest rate benchmark.
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Singapore bank lending flat in November: MAS data

BANK lending in Singapore registered flat growth in November from a month ago, reflecting weakness in business lending, preliminary data from the
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In LA, Homelessness = Silent Death

LOS ANGELES–(BUSINESS WIRE)–The Coalition to Preserve LA and the Healthy Housing Foundation powered by AHF (HHF) will memorialize the
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First-time homebuyers will continue to struggle in 2019, Redfin CEO predicts

The housing market is slowing as would-be buyers struggle with rising … Glenn Kelman, CEO of Seattle-based real estate brokerage Redfin RDFN,
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BANKING INDUSTRY: Top 10 landmark developments of 2018

By Babajide Komolafe. The Nigerian banking industry experienced some seismic shocks in 2018 triggered by major development as listed below.
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Do You Have This Stock in Portfolio?: NorthWest Healthcare Properties Real Estate Investment …

NorthWest Healthcare Properties Real Estate Investment Trust (TSX:NWH.UN) … P/B is used to compare a stock's market value to its book value.
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Asset quality of banks under RBI restrictions deteriorates

According to bankers, the stringent curtailing of lending activities has resulted in continuing losses, and lack of credit growth will naturally push up the
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