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Bank
RBI Empowers Positive Decrease in Government Treasury Bill Auction Volume
RBI Reduces Government Treasury Auctions:
Amid tight liquidity conditions, the central bank has announced a significant reduction in government treasury bill sales and introduced new...
Bandhan Bank Q4 Results: Net profit drops 93% to ₹54 crore,Dividend declared
Bandhan Bank Q4 Results:
Bandhan Bank reported its January-March quarter results for fiscal year 2023-24 (Q4FY24) on Friday, May 17, revealing a 94% drop in...
Government examining RBI’s draft regulations on project finance, states DFS secretary
Government review of RBI draft regulation
The government and the Indian Banks Association (IBA) are currently reviewing the Reserve Bank of India’s (RBI) draft guidelines...
RBI imposes monetary penalty on 2-Co-operative Bank
RBI monetary Penalty on The Bapunagar Mahila Co-operative Bank Ltd., Ahmedabad, Gujarat
The Reserve Bank of India (RBI) has, by an order dated May 8,...
RBI’s bond buyback yields only Rs 2,069 crore out of the notified Rs 60,000 crore.
RBI's bond buyback
The RBI repurchased only ₹2,069 crore of government bonds from a notified amount of ₹60,000 crore, as banks were unwilling to sell...
HDFC Bank allocates 5-7% of its total expenses to technology investments
HDFC Bank news update:
HDFC Bank allocates 5-7% of its overall expenses to technology, according to Parag Rao, Country Head of Payments, Liability Products, Consumer...
SBI boosts interest rates for retail and bulk fixed deposits by a substantial 0.25% to 0.75%
SBI rates boost:
SBI, the largest lender in the country, increased interest rates for retail and bulk fixed deposits by 0.25% to 0.75% on Wednesday,...
NYCB is set to sell nearly $5 billion in mortgage warehouse loans to JPMorgan.
NYCB is set to sell nearly $5 billion:
EMBATTLED regional lender New York Community Bancorp (NYCB) announced on Tuesday (May 14) that it has agreed...
RBI data reveals that forex reserves surged by $3.66 billion to reach $641.59 billion
RBI: Forex Reserves Surge to $641.59B
The RBI reported that after three consecutive weeks of decline, India's forex reserves rebounded by $3.668 billion to reach...
SBI is gearing up to welcome 12,000 fresh graduates, with an impressive 85% anticipated to possess engineering degree
SBI recruitment news update:
SBI, India's largest lender, plans to bring aboard 12,000 fresh graduates as probationary officers and associates during FY25, according to Chairman...
Goldman Sachs secures $3.6 billion for a fresh real estate credit fund
Goldman Sachs in Real estate
Goldman Sachs's alternative division has successfully raised $3.6 billion for its latest real estate credit fund, providing significant firepower amid...
Bank of Baroda’s BoB World App,RBI has removed the restriction and allow the bank to onboard new customers
Bank of Baroda's app restart:
On Wednesday, the Reserve Bank of India lifted the ban on Bank of Baroda's 'BoB World' mobile application, allowing the...
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BlackRock forecasts cryptocurrency and blockchain as key market forces by 2026
BlackRock, the global investment giant overseeing $10 trillion in assets, has highlighted Bitcoin, Ether, and stablecoins as key forces shaping global markets by 2026.
In...
Binance will list Ripple USD (RLUSD) and introduce RLUSD zero trading fee promotion
Ripple's dollar-pegged stablecoin RLUSD will launch spot trading on Binance starting Thursday, initially supporting the Ethereum blockchain, with integration into Ripple's own XRP Ledger...
Cabinet approves continuation of Atal Pension Yojana (APY) and extension of funding support for promotional and developmental activities and gap funding till 2030-31
The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today approved the continuation of Atal Pension Yojana (APY) up to FY 2030-31...
Cabinet approves equity support to Small Industries Development Bank of India
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved the equity support of Rs.5,000 crore to Small Industries Development Bank...