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...

Bank

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...

Bank

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...

Bank

RBI imposes rupees1.45 crore monetary penalty on Central Bank of India

Pravesh Kumar Mishra - 14/06/2024 0

RBI Imposes ₹1.45 Crore Penalty on Central Bank of India for Non-Compliance The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹1,45,50,000...

Bank

Bank Holiday June 2024: Will Banks Be Open or Closed on Bakrid? Check Details Here

PJdesk - 14/06/2024 0

Bank Holiday update: Banks will be closed on Monday, June 17, 2024, in observance of Eid ul-Adha, affecting both public and private banks across India....

Bank

Japanese Yen Weakens as BoJ Maintains Steady Interest Rate

PJdesk - 14/06/2024 0

Japanese Yen news update: The Japanese Yen (JPY) edges lower as the Bank of Japan (BoJ) maintains its interest rate at 0% following Friday's meeting....

MSME

SBI Launches ‘SME Digital Business Loans’, Approves Loans in 45 Minutes

PJdesk - 13/06/2024 0

SBI MSME Loans: The State Bank of India (SBI), the country’s largest lender, has introduced 'SME Digital Business Loans' aimed at sanctioning loans within 45...

Bank

RBI imposes monetary penalty on the Prakasam district Co-operative central bank Ltd, Ongole, Andhra Pradesh

PJdesk - 11/06/2024 0

RBI in action The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹50,000 on The Prakasam District Co-operative Central Bank Ltd in...

Bank

SBI aims to raise up to $3 billion through debt in FY25

PJdesk - 11/06/2024 0

SBI aims to raise up to $3 billion State Bank of India, the country's largest lender, announced on Tuesday that its board has approved raising...

Bank

UBS Successfully Finalizes Shift to Single U.S. Holding Company; Announces Highly Anticipated Swiss Entity Merger Timeline Update

PJdesk - 11/06/2024 0

UBS completes transition to single U.S. intermediate holding company; provides update on expected timing of Swiss entity merger UBS Group AG has completed the transition...

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Bank

IndusInd Bank shares rebound around 5% as management provides clarity on future profit generation

IndusInd Bank sees heavy selling as stock crashes over 25% in a single trading session.

Happiest Minds positioned as ‘innovators and major players’ in NelsonHall’s transforming core banking services NEAT report

RBI unveils Financial Literacy Week 2025 with the powerful theme: “Financial Literacy: Empowering Women’s Prosperity”

DBS named world’s best bank for sustainable finance by global finance

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