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RBI MPC Live: The central bank has reduced the repo rate by 25 basis points to 6%.
The outcome of the RBI’s first Monetary Policy Committee (MPC) meeting for the financial year 2025–26 has been announced today, confirming a 25 basis...
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...
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ICRA Q1 FY2026 Results: Revenue rises 8.4%, PAT jumps 19.2% amid robust ratings growth & strategic acquisition of Fintellix
ICRA Limited announced its results for the first quarter ended June 30, 2025, on July 31st, 2025. Consolidated revenue from operations increased by 8.4%...
Google Play integrates K PLUS via Antom merchant payment service expanding payment options for users in Thailand
Google Play, Ant International’s Antom and KASIKORNBANK today announced the launch of K PLUS as a new local payment method on Google Play, marking...
Bybit: Smart money flows into ETH, SOL, and RWA-Concept Altcoins as stablecoin balances decline
Bybit, the world's second-largest cryptocurrency exchange by trading volume, has released a new Smart Money Report. The analysis focuses on institutions' and influential traders'...
Retail leads NSDL IPO with 100% bids as QIBs 50%; Day 1 Subscription 38%
The highly anticipated initial public offering (IPO) of National Securities Depository Limited (NSDL), valued at ₹4,012 crore, recorded a 159% subscription on its opening...