AGP Executive Report
Last update: 9 hours agoATM Access Reversal: Ireland’s Bank of Ireland says it’s making a “U-turn” on ATMs, moving back into the cash machine market after years of retrenchment and branch closures. Consumer Protection: The RBI has flagged 11 marketing and sales “tricks” in new guidance, including countdown timers and pre-ticked boxes that steer customers. Fraud Alerts: Gardaí warn of a sophisticated text-message scam that tricks victims into handing over online banking access, while Kerala’s court ordered a bank to repay a matured Rs 5 lakh FD with 12% interest after non-payment. Digital Banking Push: Singapore banks have agreed to place an ATM, cashpoint or branch within 500m of every HDB block by end-2027 to help seniors during the shift to digital payments. Banking Sector Moves: Nepal bankers are urging NRB to let banks earn income by leasing non-banking assets, and Kotak Mahindra Bank’s CEO Ashok Vaswani is set to step down by year-end as succession begins. Deals & Markets: Uzbekistan Airways is preparing a landmark IPO backed by the Uzbekistan National Investment Fund, targeting a post-reform valuation around $2.3bn. Security & Crime: A masked gunman robbed a Chase Bank in Boonton, New Jersey, stealing about $12,000.
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