[ad_1] Botswana’s President Mokgweetsi Masisi on Wednesday (April 3) threatened to send 20,000 elephants to Germany. The statement came after Germany, earlier this year, proposed to enact stricter limits on the import of trophies from hunting animals. In an interview with German tabloid Bild, President Masisi said such a move by Germany — one of…
[ad_1] MUMBAI: RBI deputy governor M Rajeshwar Rao said Saturday that technology and innovations can expand product offerings and financial services to underserved segments at lower costs, but the entry of new players, especially fintech firms, can alter the financial service provider landscape.This can bring new challenges by influencing market concentration and competition dynamics, he…
[ad_1] ZURICH: Swiss banking giant UBS will look for merger and acquisitions opportunities in the United States in the next few years, its chairman told the NZZ newspaper on Sunday. UBS, which took over former rival Credit Suisse last June, wants to expand its U.S. wealth-management business through potential M&A in the next three or…
[ad_1] MUMBAI: RBI deputy governor M Rajeshwar Rao said that large finance companies retain certain advantages over banks and face comparatively lighter regulation due to RBI’s nuanced regulatory approach.Rao, who was refuting criticism that finance companies were being regulated on a par with banks, said that NBFC have a less stringent regulatory framework.The deputy governor…