Under the Payment Clearing and Settlement Act, the Bank is responsible for the oversight of FMIs that have the potential to pose systemic or payments system risk. These include three types of ...

In a circular on Friday, the Reserve Bank of India (RBI) also said normal clearing timings under Cheque Truncation System (CTS) as applicable to any working "Monday" shall be followed on March 31, ...

The Reserve Bank of India (RBI) on Friday mandated all banks to participate in the special clearing operations on March 31 to facilitate accounting of all government transactions for 2024-25.

The scenario would include a big fall in share prices, higher expectations for central bank interest rates and divergent moves in commodities prices, the BoE added ...

We recently published a list of the 11 Best Undervalued UK Stocks to Buy Right Now. In this article, we are going to take a ...

The RBI on Friday asked all banks to mandatorily participate in the special clearing operations on March 31 to facilitate accounting of all government transactions for 2024-25. India follows the ...

With the recent granting of a UK Electronic Money Institution (EMI ... to onboard to ClearBank making it Kraken’s primary clearing bank in the EU region, granting clients access to the Single ...

ClearBank, an enabler of real-time clearing and embedded banking ... ClearBank “becomes the digital assets platform’s primary UK bank, and will be supporting them as they scale up their ...

gt;Park Sang-uk, senior manager at the exchange-traded products clearing and settlement ... "We would welcome the FIA looking at that if only to keep the clearing houses on their toes." The banks' ...