Banks offload ₹12,700 crore Jaiprakash loans to NARCL in landmark deal SBI-led consortium transfers stressed assets to NARCL; lenders receive ₹1,905 crore upfront in cash, with final recovery hinging on resolution outcome.
https://www.thehindubusinessli....ne.com/money-and-ban

Banks offload ₹12,700 crore Jaiprakash loans to NARCL in landmark deal SBI-led consortium transfers stressed assets to NARCL; lenders receive ₹1,905 crore upfront in cash, with final recovery hinging on resolution outcome.
https://www.thehindubusinessli....ne.com/money-and-ban

Fed Governor Michelle Bowman Is Trump’s Pick for Wall Street’s Top Cop If confirmed, she is likely to usher in a more hands-off approach to financial regulation than her predecessor’s.
https://www.nytimes.com/2025/0....3/12/business/michel

Crypto exchange Binance receives $2 billion from MGX The Abu Dhabi sovereign wealth fund-backed AI investment company initiated the largest investment ever paid in crypto.
https://www.americanbanker.com..../news/crypto-exchang

Sweden urges payment system to prepare for war in Europe The country's central bank cited geopolitical uncertainty and the increased reliance on digital payments as a reason to focus on offline payments as a backup. Also, a look at U.K. bank outages and other news in American Banker's global payments and fintech roundup.
https://www.americanbanker.com..../payments/news/swede