EPFO Sees a Surge: 14.63 Lakh Net Members Joined in November 2024
The Employees’ Provident Fund Organisation (EPFO) added 14.63 lakh net members in November 2024, indicating a rise in employment opportunities and awareness of employee benefits. Y...
financial stability News
Dongwon Industries Achieves Record-Breaking 200 Billion Won Bond Issuance Amid High Investor Demand
Dongwon Industries successfully issued 200 billion won in corporate bonds, significantly exceeding the initial target due to high investor demand. The funds will support financial ...
RBI Raises Alarms Over Soaring Unsecured Lending Limits
The Reserve Bank of India (RBI) expresses concern over high ceilings for unsecured loans set by banks and finance companies, urging prudence. It also highlights risks with top-up l...
Bank of Korea Eyes Rate Cuts in 2025 to Combat Economic Slowdown
The Bank of Korea plans to reduce the base interest rate in 2025 to alleviate economic slowdown pressures, emphasizing financial market stability and continuing lending system refo...
Indian Rupee Gains Strength Against Dollar: Insights from RBI's Latest Report
The Reserve Bank of India's latest report highlights the Indian Rupee's relative gain against the dollar, attributing it to the Real Effective Exchange Rate (REER) index. The repor...
South Korea to Swiftly Execute $230M Second Value-Up Fund Amid Market Volatility
South Korea's Deputy PM Choi Sang-mok announced the prompt execution of a $230M second value-up fund and measures to improve the foreign exchange market, aiming to stabilize the ma...
Indonesia's $52B Stimulus Plan: A Comprehensive Strategy for 2025
Indonesia's $52 billion stimulus package for 2025 aims to mitigate the effects of a VAT increase and support various sectors, including MSMEs, essential commodities, energy, and ho...
BoE's Ramsden Warns of Vulnerabilities in UK Gilt Markets
Bank of England's Deputy Governor for Markets and Banking, Dave Ramsden, highlights the orderly functioning of UK's gilt markets but warns of vulnerabilities that could lead to sys...
Woori Card Secures $400 Million ESG Bond Investment Exclusively from Societe Generale
Woori Card has issued $400 million worth of ESG bonds in the form of overseas ABS, exclusively invested in by Societe Generale. This move secures long-term, low-interest funds and ...
