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RBI imposes rupees1.45 crore monetary penalty on Central Bank of India
RBI Imposes ₹1.45 Crore Penalty on Central Bank of India for Non-Compliance
The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹1,45,50,000...
Bank Holiday June 2024: Will Banks Be Open or Closed on Bakrid? Check Details Here
Bank Holiday update:
Banks will be closed on Monday, June 17, 2024, in observance of Eid ul-Adha, affecting both public and private banks across India....
Japanese Yen Weakens as BoJ Maintains Steady Interest Rate
Japanese Yen news update:
The Japanese Yen (JPY) edges lower as the Bank of Japan (BoJ) maintains its interest rate at 0% following Friday's meeting....
SBI Launches ‘SME Digital Business Loans’, Approves Loans in 45 Minutes
SBI MSME Loans:
The State Bank of India (SBI), the country’s largest lender, has introduced 'SME Digital Business Loans' aimed at sanctioning loans within 45...
RBI imposes monetary penalty on the Prakasam district Co-operative central bank Ltd, Ongole, Andhra Pradesh
RBI in action
The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹50,000 on The Prakasam District Co-operative Central Bank Ltd in...
SBI aims to raise up to $3 billion through debt in FY25
SBI aims to raise up to $3 billion
State Bank of India, the country's largest lender, announced on Tuesday that its board has approved raising...
UBS Successfully Finalizes Shift to Single U.S. Holding Company; Announces Highly Anticipated Swiss Entity Merger Timeline Update
UBS completes transition to single U.S. intermediate holding company; provides update on expected timing of Swiss entity merger
UBS Group AG has completed the transition...
Bank of India Acquires 6.1% Stake in CCIL IFSC
The Bank of India has acquired a 6.125% stake in the newly incorporated Clearing Corporation of India Ltd. (IFSC), listed in the GIFT SEZ...
The RBI has increased the bulk deposit limit for banks from Rs 2 crore to Rs 3 crore.
RBI in action
The Reserve Bank of India (RBI) proposed revising the definition of bulk deposits, impacting both traditional banks and Small Finance Banks (SFBs)....
Goldman Sachs bullish on private banks, says correction offers opportunities
Goldman Sachs bullish on private banks
Analysts at Goldman Sachs believe the sharp correction in private bank stocks on Thursday following the post-election results presents...
RBI launches its third Global Hackathon – HaRBInger 2024
RBI's Global Hackathon
Reserve Bank is organising its third global hackathon – ‘HaRBInger 2024 – Innovation for Transformation’. The Hackathon invites participants to develop solutions using...
RBI Monetary Policy 2024 LIVE: Governor Das emphasizes the importance of aligning inflation with the RBI target and maintaining it at that level for...
RBI Monetary Policy 2024 LIVE
The RBI will closely monitor liquidity, growth, and inflation over the coming weeks and months, but it is expected to...
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