Q4 2024 Earnings Call Transcript January 31, 2025 Operator: Hello, everyone, and welcome to the Financial Institutions, Inc. Fourth Quarter and Year-end 2024 Earnings Call. My name is Chach, and I’ll ...
Community First Guam Federal Credit Union was recently re-certified as a Community Development Financial Instruction by the U.S. Department of the Treasury CDFI Fund, the bank announced in a release.
The government on Saturday projected a dividend income of Rs 2.56 lakh crore from the Reserve Bank and public sector financial institutions in FY2025-25, as per the Budget documents.
India’s government expects income from the central bank and public-owned financial institutions to increase 9% in the coming fiscal year, helping to offset a drop in tax revenue.
The new framework is part of a broader push to establish CKYC as the 'single source of truth' for KYC verification, reducing redundant checks across financial institutions.