The ₹6,560-crore IPO opens for public subscription on September 9, closing September 11. The sale aims to meet RBI's requirement for NBFCs to be listed by September 2025.
Dozens to face first-ever charges under anti-scam laws criminalising sharing of Singpass, bank details
One person is accused of allowing a stranger to control their bank account, which was then used to launder more than S$300,000 of criminal proceeds.
Singapore stocks for your dividend delight: 3 SG companies just raised their bar
The company declared an interim dividend of S$0.03, up from S$0.025 a year ago. StarHub has committed to paying out at least S$0.06 in dividends per share for 2024.
Zepto IPO: Delivery startup picks Axis Capital, Goldman Sachs, Morgan Stanley as advisors, says report
Zepto has selected Axis Capital, Goldman Sachs, and Morgan Stanley as advisors for its IPO planned for August 2025, aiming to raise $450-500 million, as per a report. Valuation is pending, with the ...
OCBC to enable kids from age 7 to operate own bank accounts, debit cards
Parents will be able to set transaction limits and get notified whenever their child makes a fund transfer or purchase.
GIC-backed aviation service provider StandardAero files for US IPO
The company is looking to list on the New York Stock Exchange under the symbol “SARO". Read more at straitstimes.com.
UNITED OVERSEAS BANK LTD
United Overseas Bank Limited (UOB) is a Singapore-based bank, which operates through three segments: Group Retail (GR), Group Wholesale Banking (GWB) and Global Markets (GM). The GR segment covers ...
Singapore: ASC, banks join hands to disrupt over 2,000 scams, prevent SGD 90 million loss
ASC and the banks used robotic process automation technology to detect potential victims of scams. These scams were related to jobs, investments, fake friend calls and e-commerce.
Bajaj Housing Finance raises Rs 1,758 crore via anchor book ahead of IPO
Bajaj Housing Finance allocated shares worth Rs 1,758 crore to anchor investors ahead of its Rs 6,500-crore IPO that opens on September 9. "The IPO Committee of the Company at its meeting held on ...
🔒Singapore streamlines fund settlements with blockchain
Singapore is leveraging blockchain technology to streamline its financial services, focusing on digitalising fund settlements.
Why Singapore is bringing blockchain into mutual funds
The Singaporean customers aren’t to be blamed for this sluggishness. They put in their buy orders for funds on a mobile app on an online platform, just like they would with a stock. But that click ...
Anti-scam centre, banks stop more than 6,400 people from losing over $90 million
ASC officers sent more than 8,485 SMSes to over 6,464 potential scam victims over 2 months. Read more at straitstimes.com.
DBS names Singapore consumer banking head
DBS has appointed Calvin Ong as head of consumer banking for Singapore, effective January 1 2025. He will succeed Jeremy Soo, who will retire from executive duties at the end of the year and stay on ...
UOB makes strong return to GBP covered bond market with GBP750m 3-year issuance
UOB has priced GBP750 million in three-year covered bond due 2027 The covered bond was priced on Thursday 5 Sep at the Sterling Overnight Index Average SONIA Rate plus 53 basis points This is the larg ...
OCBC’s new digital banking account for children sparks concerns among some Singaporeans
Some Singaporeans fear that young children could become easy targets for scammers as they may lack the maturity to manage digital banking responsibly.
Singapore stocks fell on Friday—STI slipped by 0.1%
On Wall Street, stocks had a mixed performance on Thursday, ahead of a critical US labour market report due on Friday. The Dow Jones Industrial Average fell 0.5% to 40,755.75, while the S&P 500 ...