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Standard Chartered bank expands its presence in GIFT City

Standard Chartered Bank today announced that it has shifted to larger office premises at Gujarat International Finance Tec-City (GIFT) City, reinforcing its long-term commitment...

Government has strengthened IBC with six amendments and 122 regulatory reforms since its inception

The legislative intent of the Insolvency and Bankruptcy Code, 2016 (IBC) is to provide a consolidated framework for reorganization, insolvency resolution and liquidation of...

Bank news update: Banking regulation amendment Act 2020 has enhanced RBI’s supervision over Co-operative Banks

The Banking Regulation Act, 1949 has been amended to provide additional powers to RBI for more effective regulation of Co-operative banks vide Banking Regulation...

Government of India and Government of Japan sign loan agreements worth JPY 191.736 billion for six projects under Japan’s Official Development Assistance to India

The Government of India and the Government of Japan yesterday signed loan agreements worth JPY 191.736 billion for six projects under Japan’s Official Development...

RBI impose ₹75 lakh penalty on HDFC bank for KYC non compliance

The Reserve Bank of India (RBI) has imposed a monetary penalty of 75 lakh on HDFC Bank Limited for failing to comply with certain...

RBI imposes monetary penalties on IDBI Bank and Citibank for FEMA violations

The Reserve Bank of India (RBI) has imposed monetary penalties on IDBI Bank Limited and Citibank N.A. for violations under the Foreign Exchange Management...

National Housing Bank releases report on trends and progress of housing in India 2024

National Housing Bank (NHB), a statutory body under the Government of India has released the Report on Trends and Progress of Housing in India,...

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...

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

Shares of Mumbai-based private lender IndusInd Bank Ltd. tumbled 25% on Tuesday, March 11, marking its biggest single-day decline. This drop pushed the stock...

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

Happiest Minds Technologies Limited , a 'Born Digital. Born Agile', Mindful IT Company, today announced being positioned as 'Innovators and Major Players' in the...

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

Reserve Bank of India (RBI) has been conducting Financial Literacy Week (FLW) every year since 2016 to promote financial literacy. Governor Shri Sanjay Malhotra...

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

DBS today announced that it has been named World's Best Bank for Sustainable Finance by New York-based trade publication Global Finance. This marks the...
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AI can help avoid approximately US$70 billion annually in direct natural disaster costs by 2050: Deloitte Global report

Leveraging artificial intelligence (AI) could help global leaders fortify infrastructure to plan, respond, and recover quickly and decisively to more frequent and intense natural...

Indogulf Cropsciences Limited’s Initial Public Offering to open on Thursday, June 26, 2025, price band set at ₹105/- to ₹111/- per Equity Share

Indogulf Cropsciences Limited has fixed the price band of ₹105/- to ₹111/- per Equity Share of face value ₹10/- each for its maiden initial public offer. The Initial Public Offering...

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

Icon Facilitators Limited, a technical facilities management services provider in North India, announced that its initial public offering (IPO) will open for subscription on Tuesday,...

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

Following a significant market correction over the past eight months, signs of recovery are now emerging, setting the stage for momentum investing strategies to...