AGP Executive Report
Last update: 11 hours agoRBI Rules Tighten Asset Sales: India’s central bank barred banks, small finance banks and NBFCs from selling recovered stressed non-financial assets back to the original defaulters or related parties, with disposal required within seven years and new norms effective Oct 1, 2026. RBI Forex Push: State-run banks are projecting about $30bn inflows from the RBI’s FCNR(B) foreign-currency deposit scheme, already pulling nearly $10bn by mid-July. Banking Transparency Overhaul: Russia will start publishing ownership-structure information for financial institutions from Jan 1, 2027 using an impersonal set of criteria. Community Banking Focus: Ghana’s Chief Justice urged rural-to-community banks to prioritize transparency as the sector marks 50 years, while Ghana’s government raised GH¢5bn to recapitalize the Bank of Ghana. Cyber & Fraud Alerts: Apple warned of FaceTime “bank” impersonation scams aimed at stealing account details and one-time codes. Corporate/Market Moves: Padini shares jumped after MACC confirmed frozen accounts were fully unfrozen; Danske Bank lifted its full-year outlook after stronger Q2 profit. Legal Fallout: Malaysia’s Court of Appeal held a police officer and others liable for unlawfully freezing a former bank officer’s accounts for over four years.
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