Bandhan Bank begins online collection of direct taxes Bandhan Bank announced on Friday the launch of an online facility for the collection of direct taxes,...

Bank

RBI imposes ₹29.60 lakh monetary penalty on HSBC limited for non-compliance with credit card operations

PJdesk - 29/06/2024 0

RBI imposes monetary penalty on HSBC Limited The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹29.60 lakh on The Hongkong and...

Bank

Yes Bank cuts 500 jobs to reduce costs, with more layoffs expected in the coming weeks: Reports

PJdesk - 27/06/2024 0

Yes Bank Undertakes Layoffs Amid Restructuring Efforts Yes Bank has laid off 500 employees as part of an internal restructuring initiative, with further layoffs anticipated...

Bank

Bandhan Bank strengthens transition process with RBI appointment of Additional Director

PJdesk - 26/06/2024 0

Bandhan bank hopes director onboarding will strengthen transition Bandhan Bank has expressed confidence that the onboarding of an additional director appointed by the Reserve Bank...

Bank

RBI Levies Fine on This Co-operative Bank; your account may have in it

PJdesk - 26/06/2024 0

RBI in action The RBI has, by an order dated June 21, 2024, imposed a monetary penalty of ₹25,000 on The Hirasugar Employees' Co-operative Bank...

Bank

HDFC Bank Launches ‘SmartWealth’ App to Transform Digital Investment

PJdesk - 25/06/2024 0

HDFC Bank Unveils 'SmartWealth' App to Empower Investors HDFC Bank has introduced a new digital investment platform, 'SmartWealth', designed to revolutionize the wealth creation journey...

Bank

SBI to Open 400 New Branches in FY25, Announces Chairman Dinesh Khara

PJdesk - 24/06/2024 0

Sbi News update: As part of its network expansion plan, the State Bank of India (SBI) intends to open 400 branches across the country in...

Bank

MUFG penalized by Japan’s financial regulator, Reports Kyodo

PJdesk - 24/06/2024 0

Japan's Financial Regulator Penalizes MUFG and Joint Ventures for Client Confidentiality Breaches Japan’s Financial Services Agency (FSA) has penalized Mitsubishi UFJ Financial Group Inc.’s (MUFG)...

Bank

World Bank Group Launches WBG Academy to Equip Future Leaders with Development Expertise

PJdesk - 21/06/2024 0

Launch of Academy to Transform the Knowledge Agenda at the World Bank Group The World Bank Group (WBG) has unveiled a new platform, the WBG...

Bank

RBI governor Shaktikanta Das urges banks to end mindless pursuit of profit

PJdesk - 21/06/2024 0

RBI governor Shaktikanta Das speeches: Banks and non-banking financial companies (NBFCs) should avoid taking "unacceptable risks" in their pursuit of growth and must implement robust...

Bank

SBI Chairman Urges Government to Provide Tax Relief on Interest Income to Boost Savings and Fund Projects

PJdesk - 20/06/2024 0

SBI Chairman Advocates Tax Relief on Interest Income in Upcoming Budget Dinesh Kumar Khara, Chairman of SBI, called for tax relief on interest income to...

Bank

Canada Commits US$200 Million to World Bank’s Hybrid Capital Fund

PJdesk - 20/06/2024 0

Canada Pledges US$200 Million to World Bank Canada became the latest World Bank Group shareholder to invest in hybrid capital, a financial product designed to...

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Bank

IndusInd Bank shares rebound around 5% as management provides clarity on future profit generation

IndusInd Bank sees heavy selling as stock crashes over 25% in a single trading session.

Happiest Minds positioned as ‘innovators and major players’ in NelsonHall’s transforming core banking services NEAT report

RBI unveils Financial Literacy Week 2025 with the powerful theme: “Financial Literacy: Empowering Women’s Prosperity”

DBS named world’s best bank for sustainable finance by global finance

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