RBI Reduces Government Treasury Auctions: Amid tight liquidity conditions, the central bank has announced a significant reduction in government treasury bill sales and introduced new...

Bank

Bandhan Bank Q4 Results: Net profit drops 93% to ₹54 crore,Dividend declared

PJdesk - 18/05/2024 0

Bandhan Bank Q4 Results: Bandhan Bank reported its January-March quarter results for fiscal year 2023-24 (Q4FY24) on Friday, May 17, revealing a 94% drop in...

Bank

Government examining RBI’s draft regulations on project finance, states DFS secretary

Pravesh Kumar Mishra - 18/05/2024 0

Government review of RBI draft regulation The government and the Indian Banks Association (IBA) are currently reviewing the Reserve Bank of India’s (RBI) draft guidelines...

Bank

RBI imposes monetary penalty on 2-Co-operative Bank

PJdesk - 17/05/2024 0

RBI monetary Penalty on The Bapunagar Mahila Co-operative Bank Ltd., Ahmedabad, Gujarat The Reserve Bank of India (RBI) has, by an order dated May 8,...

Bank

RBI’s bond buyback yields only Rs 2,069 crore out of the notified Rs 60,000 crore.

PJdesk - 17/05/2024 0

RBI's bond buyback The RBI repurchased only ₹2,069 crore of government bonds from a notified amount of ₹60,000 crore, as banks were unwilling to sell...

Bank

HDFC Bank allocates 5-7% of its total expenses to technology investments

PJdesk - 16/05/2024 0

HDFC Bank news update: HDFC Bank allocates 5-7% of its overall expenses to technology, according to Parag Rao, Country Head of Payments, Liability Products, Consumer...

Bank

SBI boosts interest rates for retail and bulk fixed deposits by a substantial 0.25% to 0.75%

PJdesk - 16/05/2024 0

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...

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Bank

Economic Survey: India’s GDP expected to grow between 6.3% and 6.8% in FY26

Intellect to assume digital banking operations of Central 1, Canada

HDFC Bank Reports Q3 FY25 Results: Net Profit Rises 2.2% YoY, over 8% steady growth In NII

RBI cancels Certificate of Registration of X10 Financial Services Limited due to irregular lending practices

RBI updates FEMA regulation to boost cross-border rupee transactions

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Mahindra Manulife Mutual Fund announces the launch of Mahindra Manulife Value Fund

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SCOR: January 2025 P&C reinsurance renewals results

UBS reports 4Q24 net profit of USD 0.8bn and FY24 net profit of USD 5.1bn; proposes USD 0.90 dividend per share

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