HDFC Bank Unveils 'SmartWealth' App to Empower Investors HDFC Bank has introduced a new digital investment platform, 'SmartWealth', designed to revolutionize the wealth creation journey...

Bank

SBI to Open 400 New Branches in FY25, Announces Chairman Dinesh Khara

PJdesk - 24/06/2024 0

Sbi News update: As part of its network expansion plan, the State Bank of India (SBI) intends to open 400 branches across the country in...

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MUFG penalized by Japan’s financial regulator, Reports Kyodo

PJdesk - 24/06/2024 0

Japan's Financial Regulator Penalizes MUFG and Joint Ventures for Client Confidentiality Breaches Japan’s Financial Services Agency (FSA) has penalized Mitsubishi UFJ Financial Group Inc.’s (MUFG)...

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World Bank Group Launches WBG Academy to Equip Future Leaders with Development Expertise

PJdesk - 21/06/2024 0

Launch of Academy to Transform the Knowledge Agenda at the World Bank Group The World Bank Group (WBG) has unveiled a new platform, the WBG...

Bank

RBI governor Shaktikanta Das urges banks to end mindless pursuit of profit

PJdesk - 21/06/2024 0

RBI governor Shaktikanta Das speeches: Banks and non-banking financial companies (NBFCs) should avoid taking "unacceptable risks" in their pursuit of growth and must implement robust...

Bank

SBI Chairman Urges Government to Provide Tax Relief on Interest Income to Boost Savings and Fund Projects

PJdesk - 20/06/2024 0

SBI Chairman Advocates Tax Relief on Interest Income in Upcoming Budget Dinesh Kumar Khara, Chairman of SBI, called for tax relief on interest income to...

Bank

Canada Commits US$200 Million to World Bank’s Hybrid Capital Fund

PJdesk - 20/06/2024 0

Canada Pledges US$200 Million to World Bank Canada became the latest World Bank Group shareholder to invest in hybrid capital, a financial product designed to...

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SBI approves raising up to Rs 20,000 crore for FY25 through long-term bonds

PJdesk - 19/06/2024 0

SBI approves raising to Rs 20,000 crore for FY25 via long-term bonds India's largest public sector lender, State Bank of India (SBI), announced on June...

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UBS announces voluntary redemption offer by Credit Suisse Supply Chain Funds to its investors

PJdesk - 17/06/2024 0

UBS announces voluntary redemption UBS announces today that the Credit Suisse Supply Chain Finance Funds have made an offer to redeem fund units. Fund investors...

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RBI receives Risk Manager of the Year Award 2024 from London-based Central Banking

PJdesk - 17/06/2024 0

RBI Awarded Risk Manager of the Year 2024: The Reserve Bank of India (RBI) has been honored with the Risk Manager of the Year Award...

Bank

RBI cancels the licence of Purvanchal Co-operative Bank Ltd., Ghazipur, Uttar Pradesh

PJdesk - 17/06/2024 1

RBI in action: The Reserve Bank of India (RBI) has cancelled the licence of Purvanchal Co-operative Bank Ltd., Ghazipur, Uttar Pradesh, effective from the close...

Bank

World Bank’s Global Economic Prospects report: Global growth is stabilizing for the first time in three years

PJdesk - 15/06/2024 0

World Bank's Global Economic Prospects report update: The global economy is expected to stabilize for the first time in three years in 2024—but at a...

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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

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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