SBI rates boost: SBI, the largest lender in the country, increased interest rates for retail and bulk fixed deposits by 0.25% to 0.75% on Wednesday,...

Bank

NYCB is set to sell nearly $5 billion in mortgage warehouse loans to JPMorgan.

PJdesk - 15/05/2024 0

NYCB is set to sell nearly $5 billion: EMBATTLED regional lender New York Community Bancorp (NYCB) announced on Tuesday (May 14) that it has agreed...

Bank

RBI data reveals that forex reserves surged by $3.66 billion to reach $641.59 billion

PJdesk - 14/05/2024 0

RBI: Forex Reserves Surge to $641.59B The RBI reported that after three consecutive weeks of decline, India's forex reserves rebounded by $3.668 billion to reach...

Bank

SBI is gearing up to welcome 12,000 fresh graduates, with an impressive 85% anticipated to possess engineering degree

PJdesk - 14/05/2024 0

SBI recruitment news update: SBI, India's largest lender, plans to bring aboard 12,000 fresh graduates as probationary officers and associates during FY25, according to Chairman...

Bank

Goldman Sachs secures $3.6 billion for a fresh real estate credit fund

PJdesk - 14/05/2024 0

Goldman Sachs in Real estate Goldman Sachs's alternative division has successfully raised $3.6 billion for its latest real estate credit fund, providing significant firepower amid...

Bank

Bank of Baroda’s BoB World App,RBI has removed the restriction and allow the bank to onboard new customers

PJdesk - 13/05/2024 0

Bank of Baroda's app restart: On Wednesday, the Reserve Bank of India lifted the ban on Bank of Baroda's 'BoB World' mobile application, allowing the...

Bank

Union Bank of India’s Q4 results: PAT surges 19% to Rs 3,310 Cr; NII increases by 14%; 36% dividend declared.

PJdesk - 13/05/2024 0

Union Bank of India's Q4 results: The state-owned Union Bank of India (UBoI) reported strong financial performance for the fourth quarter ending March 31, 2024,...

Bank

Punjab & Sind Bank’s Q4 Results Show a 70% Profit Decrease to Rs 139 Crore

PJdesk - 11/05/2024 0

Punjab & Sind Bank result update State-owned Punjab & Sind Bank reported a 70% decrease in net profit to Rs 139 crore for the fourth...

Bank

IDBI Bank receives an order demanding ₹2.97 crore for GST payment.

PJdesk - 08/05/2024 0

IDBI bank news update Bank announced that it has received a GST demand order totaling ₹2.97 crore, which includes interest and penalties, for what is...

Bank

RBI’s proposal is diligently assessinated by the government for increased infrastructure provisioning, while bankers and NBFCs express apprehension alongside an eagerness to find constructive...

PJdesk - 08/05/2024 0

RBI's proposal is assessinated by the government: The government is scrutinizing draft rules from the RBI, which propose higher provisioning for infrastructure projects. Meanwhile, lenders...

Bank

Citi suggests that the bond buyback indicates a shift in the RBI’s stance towards easing and could potentially transition to a neutral position.

PJdesk - 06/05/2024 0

Bond buyback by RBI India's unanticipated decision to repurchase bonds suggests that the central bank is taking proactive steps to ease liquidity and could potentially...

Bank

Kotak Mahindra Bank’s Fourth Quarter Results Show a 17.6% Increase in Profit Driven by Higher Other Income.

PJdesk - 05/05/2024 0

Kotak Mahindra Bank's Fourth Quarter Results: Kotak Mahindra Bank Ltd. witnessed a surge in profit during the fourth quarter, surpassing analysts' projections. According to an...

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About 92 percent of Indian executives cite security vulnerabilities as the primary obstacle to responsible AI usage: Deloitte report

News PJdesk - 19/12/2024 0

According to the AI at a crossroads: Building trust as the path to scale report by Deloitte Asia Pacific, about 92 percent of Indian executives...

Bank

RBI MPC Update: Repo rate likely to remain unchanged as inflation concerns take precedence

RBI imposes monetary penalty on The Sathamba People’s Co-operative Bank Ltd

Poland Boosts Support to the World Bank’s International Development Association, fund for low-income countries

Credit growth to moderate, asset quality pressure to rise: ICRA

RBI keeps Repo Rate steady at 6.5%, shifts policy stance to “Neutral”

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About 92 percent of Indian executives cite security vulnerabilities as the primary obstacle to responsible AI usage: Deloitte report

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