The British pound gains 0.5% against the dollar, ahead of key UK inflation data and a Bank of England meeting expected to maintain interest rates. Market sentiment shifts towards rate cuts. Bollywoodfever: The British pound rose against the dollar on…
The Bank of Russia plans to roll out the digital ruble by July 2025, with larger banks and retailers leading the transition to enhance payment efficiency and reduce costs. Bollywoodfever: The Bank of Russia is gearing up to introduce the…
HDFC Bank launches innovative UPI and CBDC features in partnership with fintech companies to boost digital banking convenience, security, and accessibility. Bollywood Fever: HDFC Bank, one of India’s leading private sector banks, has rolled out a suite of new features…
Indonesia’s annual inflation rate held steady at 2.12% in August, within the central bank’s target range. Bank Indonesia maintains high interest rates to anchor the rupiah amid global market volatility. Bollywood Fever: Indonesia’s annual inflation rate remained steady at 2.12%…
HSBC’s Wealth and Personal Banking Chief, Nuno Matos, is set to leave the bank as new CEO Georges Elhedery steps in, marking significant changes in the bank’s leadership. Bollywood Fever: HSBC’s Wealth and Personal Banking Chief, Nuno Matos, is leaving…