The Dubai Financial Services Authority (DFSA) has placed restrictions on HDFC Bank’s Dubai International Financial Centre (DIFC) branch, barring it from onboarding new clients or soliciting fresh business as of September 26, 2025. The decision follows an investigation into lapses in client onboarding and compliance procedures. While existing clients will continue to have access to… Continue reading HDFC Bank’s Dubai Arm Faces DFSA Freeze Amid Client Onboarding Probe
Category: India
UAE’s Sharaf Group Announces Rs 5,000 Crore Investment in Kerala
The UAE-based Sharaf Group, a major player in shipping and logistics, has announced a Rs 5,000 crore investment in Kerala, marking a significant milestone in the state’s economic growth. The investment, aimed at strengthening the logistics and shipping sector, is expected to boost infrastructure, trade efficiency, and employment. Sarafudin Sharaf, Vice-Chairman of Sharaf Group, praised… Continue reading UAE’s Sharaf Group Announces Rs 5,000 Crore Investment in Kerala