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...

Bank

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

PJdesk - 02/04/2025 0

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

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

PJdesk - 02/04/2025 0

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...

Bank

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

PJdesk - 31/03/2025 0

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...

Bank

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

PJdesk - 27/03/2025 0

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

Bank

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

PJdesk - 22/03/2025 0

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...

Bank

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

Pravesh Kumar Mishra - 14/03/2025 0

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

Bank

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

Pravesh Kumar Mishra - 12/03/2025 0

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...

Bank

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

PJdesk - 11/03/2025 0

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...

News

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

PJdesk - 05/03/2025 0

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

Bank

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

PJdesk - 24/02/2025 0

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

Bank

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

PJdesk - 24/02/2025 0

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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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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