Category: Finance

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  • 2025 Fiscal Year-End Guide and Timeline

    2025 Fiscal Year-End Guide and Timeline

    The end of the calendar year is a rough patch for accounting departments and business owners. To ensure the inventory and book closing process runs smoothly and stress-free, it’s important to prepare diligently and plan all necessary activities beforehand. Therefore, for all individuals and entities in the process of closing the current financial year and…

  • Westwood Financial Secures $145 Million to Propel Growth Strategy

    Westwood Financial Secures $145 Million to Propel Growth Strategy

    Latest capital raise enhances flexibility and liquidity for dominant neighborhood retail owner LOS ANGELES, December 08, 2025–(BUSINESS WIRE)–Westwood Financial, a 55-year-old leading retail real estate investment firm based in Los Angeles, today announced it has closed on the recast and $145 million upsize to its corporate credit facility, increasing the total facility to $470 million.…

  • UFBU Plans to Contact IBA and Finance Ministry for Urgent Approval

    UFBU Plans to Contact IBA and Finance Ministry for Urgent Approval

    The United Forum of Bank Unions (UFBU), representing nine major bank unions, has issued detailed instructions for employees and officers across banks to sign and forward memorandums seeking immediate approval of 5-day banking. The call includes sending hard copies to the Indian Banks’ Association (IBA) and the Finance Minister, along with scanned copies to the UFBU’s…

  • UK Releases Findings from Small Business Finance Review

    UK Releases Findings from Small Business Finance Review

    The UK Government has published its official response following a review into small business access to finance, conducted by the Department for Business and Trade between March and May 2025. The government initially launched the consultation in March. This consultation gathered input from a broad spectrum of organisations and individuals involved in business and finance,…

  • Crown Prince Patronage Marks the Inauguration of Abu Dhabi Finance Week 2025

    Abu Dhabi Finance Week (ADFW) 2025, the flagship financial event of the Middle East, Africa and South Asia (MEASA) region, was officially inaugurated today under the patronage of  Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council.     Organised by Abu Dhabi…

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  • Financial Services in the Age of Technological Disruption

    Financial Services in the Age of Technological Disruption

    Guest lecture by Piero Cipollone, Member of the Executive Board of the ECB, at the Frankfurt School of Finance & Management Frankfurt am Main, 8 December 2025 Money is at the heart of what central banks do.[1] Ever since central banks have existed, their fundamental role has been to issue money and protect its value.…

  • 15 Crore Jan Dhan Accounts Declared Inoperative, Says MoS Finance

    15 Crore Jan Dhan Accounts Declared Inoperative, Says MoS Finance

    MoS Finance reveals 15 crore PM Jan Dhan Yojana accounts are inoperative, representing 26% of total accounts. New Delhi, Dec 8 (PTI) As many as 15 crore, or 26 per cent of the total 57.07 crore Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts, are inoperative, Minister of State for Finance Pankaj Chaudhary said on Monday.…

  • Unclaimed Mutual Fund Money: Essential FAQs for Recovery

    Unclaimed Mutual Fund Money: Essential FAQs for Recovery

    Every year, several crores of rupees in mutual fund investments go unclaimed, often due to a change in address, phone numbers, bank accounts or when people forget about their old portfolios. Open FREE Demat Account within minutes! Join now During 2024-25, unclaimed money in mutual funds surged nearly 21% year-over-year (YoY) to ₹3,452 crore from…