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RBI appoints Shri Aviral Jain as executive director, effective october 1, 2024

The Reserve Bank of India (RBI) has announced the appointment of Shri Aviral Jain as its new Executive Director (ED), effective from October 1,...

IDFC FIRST Bank announces successful completion of merger with IDFC Limited, effective October 01, 2024

IDFC FIRST Bank announced today, following its Board meeting, that the merger with IDFC Limited has been successfully completed after obtaining all necessary shareholder...

More than 400 Million Students Affected by Climate-Related School Closures since 2022: World Bank

A staggering 400 million students globally experienced school closures from extreme weather since 2022, according to a new World Bank report released today. The...

Santander and Formula 1 are excited to announce their new official partnership

Santander and Openbank brands will appear prominently at Formula 1 races in the group’s main markets Madrid, 4 September 2024. Banco Santander today announced that it...

RBI imposes monetary penalty on two different Co-operative bank and one Zila Sahkari bank

RBI in action: RBI imposes monetary penalty The Reserve Bank of India (RBI) has, by an order dated August 23, 2024, imposed a monetary penalty...

ICRA Report: Declining liquidity coverage ratios to slow down credit growth for banks

ICRA report highlights decline in retail and small business deposits In its recent report, ICRA highlighted that the share of deposits from retail customers and...

RBI imposes monetary penalty on 2 different P2P private lender

RBI imposes penalty on NDX P2P Private Limited for regulatory non-compliance The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹1,92,00,000/- (Rupees...

IDB, World Bank, and CAF strengthen collaboration to combat transnational organized crime in Latin America and the Caribbean

IDB, World Bank, and CAF Join Forces to Enhance Knowledge and Strengthen Security Policies in Latin America and the Caribbean The Inter-American Development Bank (IDB),...

World Bank group launches high-level advisory council on jobs to address global south employment crisis

World Bank Group Launches High-Level Council to Address Looming Jobs Crisis The World Bank Group today announced the creation of the High-Level Advisory Council on...

SBI announces key leadership changes: Appoints Rana RK Singh as Managing Director

SBI appoints Rana RK Singh as Managing Director; Announces significant leadership changes The State Bank of India has implemented significant leadership changes. Rana Ashutosh Kumar Singh...

RBI tightens regulations for Housing Finance Companies to align with NBFC norms

RBI in action: RBI tightens regulations for HFCs The Reserve Bank of India (RBI) has introduced stricter regulations for Housing Finance Companies (HFCs) to align their...

SBI aims to sell Yes Bank stake worth $2.2 billion by end-March: Report

SBI aims to sell Yes Bank stake: State Bank of India (SBI) currently holds approximately 24 percent of Yes Bank, while 11 other lenders, including...

Most Read

AMFI data: The time has come for the large-cap schemes to dominate, says Viraj Gandhi, CEO of SAMCO Mutual Fund

Providing the veiw on AMFI data Viraj Gandhi, CEO of SAMCO Mutual Fund saiid: It seems the down fall in the Assets Under Management...

Ant group recognized as a top 100 Global Innovator 2025

Ant Group has been recognized for the fourth consecutive year as one of the Top 100 Global Innovators 2025 by Clarivate, a global leader...

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...

Ola Electric finishes implementation of its Network Transformation and Opex Reduction Program

Ola Electric, India's largest pure-play EV company, today announced that it has successfully finished implementation of its Network Transformation and Opex Reduction Program, a...