Bank
Bank
SBI boosts interest rates for retail and bulk fixed deposits by a substantial 0.25% to 0.75%
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,...
NYCB is set to sell nearly $5 billion in mortgage warehouse loans to JPMorgan.
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...
RBI data reveals that forex reserves surged by $3.66 billion to reach $641.59 billion
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...
SBI is gearing up to welcome 12,000 fresh graduates, with an impressive 85% anticipated to possess engineering degree
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...
Goldman Sachs secures $3.6 billion for a fresh real estate credit fund
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 of Baroda’s BoB World App,RBI has removed the restriction and allow the bank to onboard new customers
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...
Union Bank of India’s Q4 results: PAT surges 19% to Rs 3,310 Cr; NII increases by 14%; 36% dividend declared.
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,...
Punjab & Sind Bank’s Q4 Results Show a 70% Profit Decrease to Rs 139 Crore
Punjab & Sind Bank result update
State-owned Punjab & Sind Bank reported a 70% decrease in net profit to Rs 139 crore for the fourth...
IDBI Bank receives an order demanding ₹2.97 crore for GST payment.
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...
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...
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...
Citi suggests that the bond buyback indicates a shift in the RBI’s stance towards easing and could potentially transition to a neutral position.
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...
Kotak Mahindra Bank’s Fourth Quarter Results Show a 17.6% Increase in Profit Driven by Higher Other Income.
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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