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...

News

Bank’s fresh NPA generation to rise gradually but to remain controlled in the FY25: ICRA

PJdesk - 12/04/2024 0

bank's NPA report: The onset of new Non-Performing Asset (NPA) generation is expected to gradually increase but remain under control throughout the Financial Year 2025,...

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Bank

Cathay United Bank gains approval from Taiwan FSC to establish a branch in India

FIU-IND and RBI sign MoU for enhanced coordination and information exchange

RBI projects 6.5% GDP growth for FY 2025-26

RBI shifts gears in anticipation of growth concerns due to trade wars & uncertainty: SAMCO Securities

RBI MPC Live: The central bank has reduced the repo rate by 25 basis points to 6%.

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Icon Facilitators’ IPO opens for subscription on Tuesday, June 24; price band fixed at ₹85 – ₹91

As momentum set to become market flavour, SAMCO MF now launches large & Mid-Cap Fund to combine stability with growth

Ant International pushes AI strategy with AI platform for Fintechs

A Large Proportion of Indian HNIs are NOT Saving Enough: Survey

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