RBI in action The Reserve Bank of India (RBI) proposed revising the definition of bulk deposits, impacting both traditional banks and Small Finance Banks (SFBs)....

Bank

Goldman Sachs bullish on private banks, says correction offers opportunities

PJdesk - 09/06/2024 0

Goldman Sachs bullish on private banks Analysts at Goldman Sachs believe the sharp correction in private bank stocks on Thursday following the post-election results presents...

Bank

RBI launches its third Global Hackathon – HaRBInger 2024

PJdesk - 08/06/2024 0

RBI's Global Hackathon Reserve Bank is organising its third global hackathon – ‘HaRBInger 2024 – Innovation for Transformation’. The Hackathon invites participants to develop solutions using...

Bank

RBI Monetary Policy 2024 LIVE: Governor Das emphasizes the importance of aligning inflation with the RBI target and maintaining it at that level for...

PJdesk - 07/06/2024 0

RBI Monetary Policy 2024 LIVE The RBI will closely monitor liquidity, growth, and inflation over the coming weeks and months, but it is expected to...

Bank

ANEXT Bank Sees Significant Growth in Regional and Global Reach Among MSME Clients

PJdesk - 07/06/2024 0

ANEXT Bank Sees Significant Growth in Regional and Global Reach Among MSME Clients ANEXT Bank, a digital wholesale bank based in Singapore and wholly owned...

Bank

Citi’s New Banking Head Viswas Raghavan Begins Tenure as CEO Praises His ‘Intensity’

PJdesk - 05/06/2024 0

Citi's New Banking Head Viswas Raghavan Begins Tenure Amid High Hopes from CEO Jane Fraser Viswas Raghavan joined Citigroup as its new head of banking...

Bank

NCLT Initiates Insolvency Proceedings Against Jaiprakash Associates Following ICICI Plea

PJdesk - 05/06/2024 0

NCLT Initiates Insolvency Proceedings Against Jaiprakash Associates On Monday, the National Company Law Tribunal (NCLT) directed the initiation of insolvency proceedings against Jaiprakash Associates Ltd...

Bank

Canara Bank’s board approves raising Rs 8,500 crore through bonds in FY25.

PJdesk - 03/06/2024 0

Canara Bank news update: State-owned Bank announced on Friday that its board has approved raising Rs 8,500 crore through bonds to support business growth in...

Bank

SBM Bank India Ltd. hit with ₹88.70 Lakh Penalty by RBI for Regulatory Non-Compliance

PJdesk - 02/06/2024 0

SBM Bank India Ltd. news update The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹88.70 lakh (Rupees Eighty Eight Lakh Seventy...

Bank

UBS Celebrates Successful Merger with Credit Suisse

PJdesk - 02/06/2024 0

UBS Group AG Finalizes Merger with Credit Suisse AG UBS Group AG announced today the successful completion of its merger with Credit Suisse AG, facilitated...

Bank

The RBI intends to implement regulations aimed at strengthening the financial sector, as stated in its annual report

PJdesk - 01/06/2024 0

RBI Aims to Strengthen Regulations From implementing the expected credit loss (ECL) model for asset classification to conducting a thorough review of loan rates, the...

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AI can help avoid approximately US$70 billion annually in direct natural disaster costs by 2050: Deloitte Global report

FinTech PJdesk - 24/06/2025 0

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

IPO PJdesk - 24/06/2025 0

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

IPO PJdesk - 23/06/2025 0

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

Mutual Funds PJdesk - 04/06/2025 0

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

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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AI can help avoid approximately US$70 billion annually in direct natural disaster costs by 2050: Deloitte Global report

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

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

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

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