Turkey's central bank In 2023, the Turkish central bank experienced a loss of 818.2 billion liras ($25 billion), marking a significant shift from previous years...

Bank

India’s foreign exchange reserves surged by $2.98 billion to reach a new pinnacle of $648.562 billion at the week’s conclusion.

PJdesk - 15/04/2024 0

foreign exchange reserves update RBI announces a $2.98 billion surge in forex reserves, reaching a new pinnacle of $648.562 billion. In September 2021, the nation's foreign...

Bank

UCO Bank, Central Bank of India, and three additional Public Sector Banks (PSBs) have been instructed to increase their public shareholding to 25% by...

PJdesk - 15/04/2024 0

Banks news update UCO Bank, Central Bank of India, and three additional PSBs have been instructed to increase their public shareholding to 25% by August These...

Bank

BoB cases of scam related to the BoB World app prompt the Ministry of Finance to advocate for a strengthened KYC process

Pravesh Kumar Mishra - 14/04/2024 0

BoB World app scam: According to news agency Business Standard:The RBI may advise banks and financial institutions to assess the concentration of Business Correspondents (BCs)...

Bank

RBI rejects 2 application for Licensing of Small Finance Banks

PJdesk - 14/04/2024 0

RBI in action: The Reserve Bank of India has turned down two additional requests to establish small finance banks: those from Dvara Kshetriya Gramin Financial...

News

The Japanese banking giant, MUFG, is poised to acquire a 20% share in HDFC Bank’s subsidiary, HDB Financial, for a total of $2 billion.

PJdesk - 12/04/2024 0

MUFG, the Japanese banking giant People familiar with the matter report that Bank of Tokyo-Mitsubishi UFJ (MUFG), the Japanese banking giant, is in the process...

News

Bank’s fresh NPA generation to rise gradually but to remain controlled in the FY25: ICRA

PJdesk - 12/04/2024 0

bank's NPA report: The onset of new Non-Performing Asset (NPA) generation is expected to gradually increase but remain under control throughout the Financial Year 2025,...

Bank

The ECB maintains its rates at current levels while central banks worldwide grapple with the timing of potential cuts.

PJdesk - 11/04/2024 0

The ECB maintains its rates On Thursday, the European Central Bank opted to keep its key interest rate benchmark unchanged, preferring to await confirmation that...

Bank

RBI ipmoses monetary penalty on 5 different Co-operative banks

PJdesk - 10/04/2024 0

RBI ipmoses monetary penalty on different Co-operative bank ltd The Uttrakhand grameen bank Dehradun, The Raj Laxmi Mahila Urban Co-operative, Nagr sahkari bank ltd, The...

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The Reserve Bank of India spearheads a rise in gold reserves amidst a slowdown in gold accumulation among global central banks

PJdesk - 08/04/2024 0

The Reserve Bank of India The Reserve Bank of India (RBI) distinguished itself by maintaining its steady accumulation of gold reserves. According to weekly data...

News

Bandhan Bank plummeted dramatically following the CEO’s formidable decision to exit in July.

PJdesk - 08/04/2024 0

Bandhan bank news update Today, at the opening bell, the stock of private sector lender Bandhan Bank experienced a significant decline of nearly 9% following...

News

Bandhan Bank CEO Chandra Shekhar Ghosh will gracefully retire at the end of his tenure.

PJdesk - 06/04/2024 0

Bandhan Bank CEO Chandra Shekhar Ghosh will retire at the end of his term On Friday, Bandhan Bank's founder, managing director, and CEO Chandra Shekhar...

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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 is excited to announce the launch of the Mahindra Manulife Value Fund

MobiKwik reports total income of INR 9,140 Mn for nine months of FY25, surpassing full-year FY24 income

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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