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RBI governor Shaktikanta Das meets with bank MDs and CEOs to address key issues

RBI Governor Meets with Bank MDs and CEOs Reserve Bank of India (RBI) Governor Shaktikanta Das met with the managing directors (MDs) and chief executive...

HDFC Bank’s share price surged by 4% in a single trading day

HDFC bank share shoot up Today HDFC bank share price jumped by 4% in a single trading session due to a positive indication in the...

Redemption of UBS Group AG senior unsecured notes

UBS announcement Union bank of switzerland announces its intention to redeem the total outstanding EUR 1,500,000,000 Fixed Rate Reset Senior Callable Notes due 2025 with...

RBI enthusiastically announces appointment of new executive Directors

RBI announces appointment The Reserve Bank of India (RBI) announced on Monday the appointment of Arnab Kumar Chowdhury and Charulatha S Kar as executive directors....

UBS Successfully Completes Merger with Credit Suisse Switzerland

UBS finalizes the merger of UBS Switzerland AG and Credit Suisse (Schweiz) AG UBS announces today that it has completed the merger of UBS Switzerland...

Punjab and Sind Bank’s growth strategy: plans to raise Rs 2,000 Crore via QIP

Punjab and Sind Bank's Strategic Plans for Growth and Innovation State-owned Punjab and Sind Bank plans to raise Rs 2,000 crore in the second half...

CS Setty has been approved by the FSIB to become the new chairman of SBI

CS Setty appointed as the next Chairman of SBI The Financial Services Institutions Bureau (FSIB) on Saturday recommended Challa Sreenivasulu Setty, one of the managing...

Bandhan Bank Launches Online Direct Tax Collection Facility

Bandhan Bank begins online collection of direct taxes Bandhan Bank announced on Friday the launch of an online facility for the collection of direct taxes,...

RBI imposes ₹29.60 lakh monetary penalty on HSBC limited for non-compliance with credit card operations

RBI imposes monetary penalty on HSBC Limited The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹29.60 lakh on The Hongkong and...

Yes Bank cuts 500 jobs to reduce costs, with more layoffs expected in the coming weeks: Reports

Yes Bank Undertakes Layoffs Amid Restructuring Efforts Yes Bank has laid off 500 employees as part of an internal restructuring initiative, with further layoffs anticipated...

Bandhan Bank strengthens transition process with RBI appointment of Additional Director

Bandhan bank hopes director onboarding will strengthen transition Bandhan Bank has expressed confidence that the onboarding of an additional director appointed by the Reserve Bank...

RBI Levies Fine on This Co-operative Bank; your account may have in it

RBI in action The RBI has, by an order dated June 21, 2024, imposed a monetary penalty of ₹25,000 on The Hirasugar Employees' Co-operative Bank...

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

Mahindra Manulife Mutual Fund, a joint venture between Mahindra & Mahindra Financial Services Limited ("Mahindra Finance") and Manulife Investment Management (Singapore) Pte. Ltd., has...

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

One MobiKwik Systems Ltd. India’s largest digital wallet, today announced earnings results (standalone and consolidated) for nine months ended December 31st, 2024, and third...

SCOR: January 2025 P&C reinsurance renewals results

In line with its Forward 2026 strategic plan, SCOR continues to grow its P&C preferred lines while maintaining a strong underwriting discipline. During...

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

UBS Group AG has announced its financial results for the fourth quarter and full year of 2024, showcasing significant growth in profitability. The Swiss...