Reliance Q4 Results: Reliance Industries Limited (RIL) disclosed a 1.8% year-on-year (Y-o-Y) dip in its consolidated net profit (attributed to the company's owners) for the...

Bank

HDFC Q4 FY24 result update: net profit of ₹16,512 crore, with retail loans showing impressive growth of 108.9%.

PJdesk - 22/04/2024 0

HDFC Q4 FY24 result update: On April 20, HDFC Bank announced a net profit of Rs 16,512 crore for the January-March quarter of the fiscal...

Bank

RBI imposes monetary penalty on NABFINS Limited, Bengalur

PJdesk - 22/04/2024 0

RBI in action: The Reserve Bank of India (RBI) has, by an order dated April 15, 2024, imposed a monetary penalty of ₹10 lakh (Rupees...

Bank

The Reserve Bank of India’s proposed regulations for payment aggregators deemed pivotal, timely, and positively received by Experts.

PJdesk - 19/04/2024 0

The Reserve Bank of India Today's latest news from the RBI: The Reserve Bank of India has issued two sets of draft regulations for payment...

Bank

Bank of America’s profit declines due to reduced interest payments from customers

PJdesk - 18/04/2024 0

Bank of America Quarterly result: In the first quarter, Bank of America experienced a decrease in profit as its consumer division weakened and it wrote...

Bank

Morgan Stanley predicts that there won’t be any rate cuts from the RBI this fiscal year.

PJdesk - 18/04/2024 0

Morgan Stanley prediction on RBI monetary policy: Morgan Stanley's economists anticipate that the Reserve Bank of India's Monetary Policy Committee (MPC) might refrain from lowering...

Bank

Turkey’s central bank records a loss of $25 billion for the year 2023

PJdesk - 15/04/2024 0

Turkey's central bank In 2023, the Turkish central bank experienced a loss of 818.2 billion liras ($25 billion), marking a significant shift from previous years...

Bank

India’s foreign exchange reserves surged by $2.98 billion to reach a new pinnacle of $648.562 billion at the week’s conclusion.

PJdesk - 15/04/2024 0

foreign exchange reserves update RBI announces a $2.98 billion surge in forex reserves, reaching a new pinnacle of $648.562 billion. In September 2021, the nation's foreign...

Bank

UCO Bank, Central Bank of India, and three additional Public Sector Banks (PSBs) have been instructed to increase their public shareholding to 25% by...

PJdesk - 15/04/2024 0

Banks news update UCO Bank, Central Bank of India, and three additional PSBs have been instructed to increase their public shareholding to 25% by August These...

Bank

BoB cases of scam related to the BoB World app prompt the Ministry of Finance to advocate for a strengthened KYC process

Pravesh Kumar Mishra - 14/04/2024 0

BoB World app scam: According to news agency Business Standard:The RBI may advise banks and financial institutions to assess the concentration of Business Correspondents (BCs)...

Bank

RBI rejects 2 application for Licensing of Small Finance Banks

PJdesk - 14/04/2024 0

RBI in action: The Reserve Bank of India has turned down two additional requests to establish small finance banks: those from Dvara Kshetriya Gramin Financial...

News

The Japanese banking giant, MUFG, is poised to acquire a 20% share in HDFC Bank’s subsidiary, HDB Financial, for a total of $2 billion.

PJdesk - 12/04/2024 0

MUFG, the Japanese banking giant People familiar with the matter report that Bank of Tokyo-Mitsubishi UFJ (MUFG), the Japanese banking giant, is in the process...

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About 92 percent of Indian executives cite security vulnerabilities as the primary obstacle to responsible AI usage: Deloitte report

News PJdesk - 19/12/2024 0

According to the AI at a crossroads: Building trust as the path to scale report by Deloitte Asia Pacific, about 92 percent of Indian executives...

Bank

RBI MPC Update: Repo rate likely to remain unchanged as inflation concerns take precedence

RBI imposes monetary penalty on The Sathamba People’s Co-operative Bank Ltd

Poland Boosts Support to the World Bank’s International Development Association, fund for low-income countries

Credit growth to moderate, asset quality pressure to rise: ICRA

RBI keeps Repo Rate steady at 6.5%, shifts policy stance to “Neutral”

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About 92 percent of Indian executives cite security vulnerabilities as the primary obstacle to responsible AI usage: Deloitte report

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