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Bandhan Bank Launches Online Direct Tax Collection Facility

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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,...
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Bank

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

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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...
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Bank

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

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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...
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Bank

Bandhan Bank strengthens transition process with RBI appointment of Additional Director

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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...
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Bank

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

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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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Bank

HDFC Bank Launches ‘SmartWealth’ App to Transform Digital Investment

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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...
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Bank

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

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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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Bank

MUFG penalized by Japan’s financial regulator, Reports Kyodo

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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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Bank

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

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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...
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Bank

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

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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...
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Bank

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

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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...
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Bank

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

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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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AI can help avoid approximately US$70 billion annually in direct natural disaster costs by 2050: Deloitte Global report

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Leveraging artificial intelligence (AI) could help global leaders fortify infrastructure to plan, respond, and recover quickly and decisively to more frequent and intense natural...
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Indogulf Cropsciences Limited’s Initial Public Offering to open on Thursday, June 26, 2025, price band set at ₹105/- to ₹111/- per Equity Share

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Indogulf Cropsciences Limited has fixed the price band of ₹105/- to ₹111/- per Equity Share of face value ₹10/- each for its maiden initial public offer. The Initial Public Offering...
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Icon Facilitators’ IPO opens for subscription on Tuesday, June 24; price band fixed at ₹85 – ₹91

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Icon Facilitators Limited, a technical facilities management services provider in North India, announced that its initial public offering (IPO) will open for subscription on Tuesday,...
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As momentum set to become market flavour, SAMCO MF now launches large & Mid-Cap Fund to combine stability with growth

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Following a significant market correction over the past eight months, signs of recovery are now emerging, setting the stage for momentum investing strategies to...
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