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Sunday, December 1, 2024

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Banking

Economy: MCB Group Reports Profits Of Rs 12.4 Billion

The MCB Group has delivered a solid performance for the nine months to March 31, 2024, recording net profits of Rs 12.4 billion, up...

BoM’s Total Comprehensive Income Rises By Rs 2.19 Bn

The Bank of Mauritius has made public the Total Comprehensive Income recorded in February 2024. It stands at around Rs 5.87 billion. The amount...

The Monetary Policy Committee Of The Bank Of Mauritius Keeps The Key Rate Unchanged

The Monetary Policy Committee (MPC) of the Bank has unanimously decided to keep the Key Rate (KR) unchanged at 4.50 per cent per annum. The...

Navin Beekarry Is Proposed As Director General Of The Financial Crimes Commission

Prime Minister has proposed Navin Beekarry as Director General of the Financial Crimes Commission for a period of 3 years. A correspondence, containing the...

Bank Of Baroda Mauritius Facilitates The Launch Of UPI And RuPay Card Services In Mauritius

Bank of Baroda Mauritius stands out as a key player, serving as the Sponsor Bank for payment settlement in the UPI & RuPay project....

Bank Of Mauritius Has Placed Silver Bank Limited Under Conservatorship

The Bank of Mauritius announced yesterday February 13 that it was placing Silver Bank under conservatorship. Arvind Gokhool will be the conservator. He will...

SBI Mauritius Ltd Facilitates Launch Of RuPay Card And UPI Services In Mauritius

SBI Mauritius Ltd (SBIML) has taken a significant step towards enhancing the digital payment landscape in Mauritius with the introduction of RuPay Card and...

According To BOM Governor, Mr Harvesh Seegolam : RuPay And UPI Linkage Will Enhance Financial Connectivity

Thhe virtual launch of the RuPay and Unified Payments Interface (UPI) linkage between Mauritius and India wzez done in thz presence of the Honourable...

Finance: Thierry Hebraud At The Helm Of MCB Since January 1st

As of January 1, 2024, MCB Ltd has a new Chief, Executive Officer (CEO), in the person of Thierry Hebraud. He replaces Alain Law...

MCB And UPI Celebrate 15 Years Of Successful Collaboration

This year, Mauritius Commercial Bank (MCB) proudly commemorates 15 years of partnership with UnionPay, a collaboration that has profoundly influenced the financial landscape in...
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