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RBI MPC Live: The central bank has reduced the repo rate by 25 basis points to 6%.
The outcome of the RBI’s first Monetary Policy Committee (MPC) meeting for the financial year 2025–26 has been announced today, confirming a 25 basis...
Standard Chartered bank expands its presence in GIFT City
Standard Chartered Bank today announced that it has shifted to larger office premises at Gujarat International Finance Tec-City (GIFT) City, reinforcing its long-term commitment...
Government has strengthened IBC with six amendments and 122 regulatory reforms since its inception
The legislative intent of the Insolvency and Bankruptcy Code, 2016 (IBC) is to provide a consolidated framework for reorganization, insolvency resolution and liquidation of...
Bank news update: Banking regulation amendment Act 2020 has enhanced RBI’s supervision over Co-operative Banks
The Banking Regulation Act, 1949 has been amended to provide additional powers to RBI for more effective regulation of Co-operative banks vide Banking Regulation...
Government of India and Government of Japan sign loan agreements worth JPY 191.736 billion for six projects under Japan’s Official Development Assistance to India
The Government of India and the Government of Japan yesterday signed loan agreements worth JPY 191.736 billion for six projects under Japan’s Official Development...
RBI impose ₹75 lakh penalty on HDFC bank for KYC non compliance
The Reserve Bank of India (RBI) has imposed a monetary penalty of 75 lakh on HDFC Bank Limited for failing to comply with certain...
RBI imposes monetary penalties on IDBI Bank and Citibank for FEMA violations
The Reserve Bank of India (RBI) has imposed monetary penalties on IDBI Bank Limited and Citibank N.A. for violations under the Foreign Exchange Management...
National Housing Bank releases report on trends and progress of housing in India 2024
National Housing Bank (NHB), a statutory body under the Government of India has released the Report on Trends and Progress of Housing in India,...
IndusInd Bank shares rebound around 5% as management provides clarity on future profit generation
IndusInd Bank's shares surged over 5% to ₹694 on Wednesday, recovering from a 26% drop on Tuesday and outperforming peers like Indian Bank, State...
IndusInd Bank sees heavy selling as stock crashes over 25% in a single trading session.
Shares of Mumbai-based private lender IndusInd Bank Ltd. tumbled 25% on Tuesday, March 11, marking its biggest single-day decline. This drop pushed the stock...
Happiest Minds positioned as ‘innovators and major players’ in NelsonHall’s transforming core banking services NEAT report
Happiest Minds Technologies Limited , a 'Born Digital. Born Agile', Mindful IT Company, today announced being positioned as 'Innovators and Major Players' in the...
RBI unveils Financial Literacy Week 2025 with the powerful theme: “Financial Literacy: Empowering Women’s Prosperity”
Reserve Bank of India (RBI) has been conducting Financial Literacy Week (FLW) every year since 2016 to promote financial literacy. Governor Shri Sanjay Malhotra...
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Fortune magazine recognizes Santander Open Academy for changing the world for the better
Santander has been recognized as one of the 50 companies making a positive impact in the world by being included in Fortune Magazine’s ‘Change...
Bybit Crypto Insights Report: Aster Takes on Hyperliquid in the Perp DEX Boom
Bybit, the world's second-largest cryptocurrency exchange by trading volume, has released its latest Bybit Crypto Insights report, analyzing the growth of decentralized perpetual exchanges...
UBS Global Real Estate Bubble Index 2025: Dubai and Madrid with strongest bubble risk increase
According to this year’s edition of the UBS Global Real Estate Bubble Index, Miami shows the highest bubble risk among the cities in this...
Alipay+ and Mastercard bring overseas NFC payments to Kakao Pay users
Alipay+, a global wallet gateway under Ant International, supports Kakao Pay, a leading South Korean mobile wallet, in launching NFC (Near-Field Communication) payment for...