banking - The Latremie Post

Nubank Seeks US National Bank Charter to Launch Global Expansion and Digital Banking in America

Nu Holdings Ltd. (NYSE: NU) is considered one of the best stocks to buy under $20.

On September 30, Nubank announced that it had applied for a national bank charter with the Office of the Comptroller of the Currency (OCC) in the United States.

This move represents a preparatory stage that supports Nubank’s long-term vision of expanding its customer-centric, tech-driven financial services.

By obtaining the national bank charter, Nubank aims to enhance its regulatory framework and broaden its capabilities to serve a growing customer base in the US market.
https://ca.finance.yahoo.com/news/nubank-seeks-us-national-bank-205443612.html

HDFC Bank barred from onboarding new clients in Dubai

**HDFC Bank Barred from Onboarding New Clients in Dubai**

*By Akash Pandey | Sep 27, 2025, 04:34 PM*

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**What’s the story?**

The Dubai Financial Services Authority (DFSA) has barred HDFC Bank’s Dubai International Financial Centre (DIFC) branch from onboarding new clients and providing financial services. This regulatory action stems from concerns regarding the bank’s client onboarding practices.

HDFC Bank has clarified that these operations are not material to its overall business and is taking steps to comply with the DFSA’s directives.

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**Regulatory Action**

The DFSA’s directive prohibits HDFC Bank’s DIFC branch from offering financial services to new clients. This includes advising on financial products, arranging investment deals, extending credit, and offering custody services. Additionally, the branch is barred from making financial promotions aimed at new clients.

It is important to note that these restrictions do not impact existing customers or those who were previously offered but not yet fully onboarded for financial services.

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**Compliance Efforts**

HDFC Bank emphasized that the operations of its DIFC branch are not material to the group’s overall business and financial position. As of September 23, the branch served a total of 1,489 customers, including joint account holders.

The bank has already initiated necessary measures to comply with the DFSA’s directives and is fully committed to cooperating with the ongoing investigation.

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**Investigation Details**

The DFSA’s concerns center around the DIFC branch’s onboarding process, particularly regarding clients who were not fully onboarded according to the jurisdiction’s strict financial rules for “professional clients.”

This development follows a controversy from two years ago related to the alleged mis-selling of high-risk Credit Suisse Additional Tier-1 (AT1) bonds, which has prompted heightened scrutiny of the branch’s practices.

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*Stay tuned for further updates on this developing story.*
https://www.newsbytesapp.com/news/business/uae-regulator-bars-hdfc-from-new-client-onboarding-in-dubai/story

IBPS RRB Clerk Prelims Result 2024 OUT; Check Now!

The Institute of Banking Personnel Selection (IBPS) has officially released the results of the IBPS RRB Clerk Preliminary Examination 2024. Candidates who appeared for the Office Assistant (Multipurpose) exam can now check their results on the official IBPS website, ibps.in.

### How to Check IBPS RRB Clerk Prelims Result 2024

To view your result, follow these simple steps:

1. Visit the official IBPS website at [ibps.in](https://www.ibps.in).
2. On the homepage, locate the link titled **”Click Here to View Your Result for Online Preliminary Examination of CRP-RRBs-XIII Office Assistants (Multipurpose)”**.
3. Enter your credentials, including your password, date of birth, and either your registration number or roll number. These details were sent to you via email or SMS during the registration process.
4. Click on the **Login** button to access your result.
5. Once your result is displayed, download and print a copy for your records.

### What’s Next After the Preliminary Result?

The Institute of Banking Personnel Selection will release the scorecard and cut-off marks within two to three days following the announcement of the preliminary exam results.

Candidates who qualify in the preliminary round will be eligible to appear for the Mains examination, scheduled for October 6, 2024.

It is important to note that the marks obtained in the preliminary exam serve only as a qualifying criterion and will **not** be counted towards the final selection. The final selection will be based solely on the performance in the mains examination.

Stay tuned to the official IBPS website for further updates and notifications related to the IBPS RRB Clerk examination process.
https://www.freepressjournal.in/education/ibps-rrb-clerk-prelims-result-2024-out-check-now