SBI

Huobi On Regulation, Its Relationship with SBI and Education

2 months ago admin2 Comments Off on Huobi On Regulation, Its Relationship with SBI and Education
Huobi’s chief operating officer (COO) Robin Zhu delivers speech at blockchain event, April 2018, via Facebook Huobi is an international bitcoin exchange based in Singapore and with offices in Hong Kong, the United States, Korea and Japan. They are planning to move their headquarters to Hainan, China, the country they were founded in. With China Read More

Five questions India’s central banker could face at his parliamentary grilling

3 months ago admin2 Comments Off on Five questions India’s central banker could face at his parliamentary grilling
Around three years since the Reserve Bank of India (RBI) began the toxic loan clean-up, Indian banks’ financial health has gone from bad to worse. Problems like the growing pile of non-performing assets (NPAs), recurring frauds, and cash mismanagement have crippled the sector. On June 12, RBI governor Urjit Patel is likely to face questions Read More

SBI Unveils New Plans For Its Cryptocurrency Exchange

3 months ago admin2 Comments Off on SBI Unveils New Plans For Its Cryptocurrency Exchange
While initially scrapping its plans to develop a cryptocurrency exchange in conjunction with partners. SBI Holdings has today announced new plans to more forward with the development of their own self developed exchange. President and CEO of the company, Yoshitaka Kitao announced the development of the company’s own exchange, confirming that SBI’s exchange is “not a white Read More

India’s biggest banks are piling on the losses, and investors are loving it

9 months ago admin2 Comments Off on India’s biggest banks are piling on the losses, and investors are loving it
The Indian banking sector is in a curious situation: Some of the country’s biggest banks are reporting losses, yet stock markets are rewarding them. The State Bank of India (SBI), India’s largest lender, reported a 38% decline in its net profit in the July-September quarter of financial year 2018. Given the decline, one would have Read More