Gulf Times - bank
India's central bank unveils $24 bn windfall for government

India's central bank unveils $24 bn windfall for government

India's central bank has announced a $24-billion windfall for the cash-strapped government, giving a much-needed boost to Prime Minister Narendra Modi as he seeks to kickstart growth in Asia's third-biggest economy.

Robust private sector credit offtake boosts Qatar bank assets

Robust private sector credit offtake boosts Qatar bank assets

A robust double-digit growth in credit to the private sector has outpaced total loan expansion within Qatar’s commercial banks at the end of June 2019 ...

Gunman kills 3 at Cincinnati bank; police shoot him dead

Gunman kills 3 at Cincinnati bank; police shoot him dead

The shooter began firing inside a loading dock at the Fifth Third Bank near Fountain Square, police said, before entering the lobby where he exchanged fire with law enforcement.

Indian billionaire jeweller investigated over bank fraud

Indian billionaire jeweller investigated over bank fraud

The Central Bureau of Investigation said it was acting on a complaint from the Punjab National Bank that Nirav Modi and others had conspired with bank officials to fraudulently obtain advances for making payments to overseas suppliers.

In movie-style heist, Kenya robbers tunnel into bank opposite police station

In movie-style heist, Kenya robbers tunnel into bank opposite police station

In a heist reminiscent of a Hollywood movie, Kenyan robbers spent months tunnelling into the bowels of a bank located opposite a police station and stole the equivalent of half a million dollars ...

Nepal bank latest victim in heists targeting SWIFT system

Nepal bank latest victim in heists targeting SWIFT system

Brussels-based SWIFT said last month that security controls instituted after last year's $81mn theft from Bangladesh's central bank helped thwart some recent hacking attempts.

Bank of England seen hiking rate for first time in decade

Bank of England seen hiking rate for first time in decade

The Bank of England, battling Brexit-fuelled inflation rises, is set Thursday to lift its key interest rate for the first time since 2007, according to analysts.

Sri Lanka arrests two men over Taiwan bank hacking

Sri Lanka arrests two men over Taiwan bank hacking

The pair were arrested after they tried to withdraw large sums of money that had been wired to their accounts with a Sri Lankan bank branch in the capital Colombo, the official said.

Pakistani bank calls possible US fine 'disproportionate'

Pakistani bank calls possible US fine 'disproportionate'

HBL, which has announced it plans to surrender its US banking licence, has been embroiled in accusations over money-laundering compliance failures by its New York operation for more than a decade.

Stress tests prove Qatari banks' strength, efficiency: QCB Governor

Stress tests prove Qatari banks' strength, efficiency: QCB Governor

Stress tests carried out routinely by Qatar Central Bank have proved the strength and efficiency of the Qatari banking system, HE the QCB Governor Sheikh Abdullah bin Saoud al-Thani has said.

29 dead as car bomb hits bank in southern Afghanistan

29 dead as car bomb hits bank in southern Afghanistan

At least 29 people were killed on Thursday when a powerful car bomb struck a bank in Afghanistan's Lashkar Gah city as people were queueing to withdraw salaries.

Court reviews cheating case against ex-banker

Court reviews cheating case against ex-banker

The Court of Appeal has reviewed the case of an expatriate man convicted of misappropriating QR1.3mn while working as head of a department at a local bank, local Arabic daily Arrayah reported.