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For all the innovation that fintechs have driven in recent years, national banking charters remain the benchmark for financial services firms—especially for those seeking a broader U.S. footprint. Bank charters can bring instant credibility and scale to these organizations, one of the main reasons why highly successful fintechs like the UK’s Revolut have still sought…
PBOC sets USD/ CNY mid-point today at 6.7889 (vs. estimate at 6.7480) !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}
Hello, this is Priyanka Salve, writing to you from Mumbai. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest-growing large economy. India shares a complex relationship with its neighbor China. While New Delhi heavily relies on imports from Beijing, it also seeks to position itself…
Today, the U.S. Small Business Administration (SBA) announced that the upcoming quarterly public meeting for the Interagency Task Force (IATF) on Veterans Small Business Development will be held on March 4 from 1-3 p.m. EST. This meeting is open to the public. “Veterans exemplify the discipline, resilience and leadership that drive successful entrepreneurship,” said SBA’s Office…
In the weeks after the Budget of October 2024, pension schemes started receiving an unusual request. Savers who had taken their tax-free cash wanted to hand it back. They had taken it because of rumours that the then chancellor, Rachel Reeves, was about to cut it in the Budget. She didn’t. By December 2024, HMRC…
The digital personal loan market expanded in the first quarter of 2026-27, but volume growth moderated even as the value of loans rose sharply. The outstanding portfolio of digital personal loans stood at Rs 1.54 trillion at the end of June 2026, up about 28 per cent from a year earlier, while loans overdue by…