RBI News update: On Monday, the Reserve Bank of India (RBI) announced it would repurchase government bonds worth Rs 40,000 crore on Thursday. Bond market...

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Philippines expects 150 bps rate cuts in 2 years: finance minister

PJdesk - 27/05/2024 0

Philippines fiscal policy update: The finance minister of the Philippines, Ralph Recto, who is a member of the seven-member policy-making monetary board, stated on Monday...

Bank

Kotak Mahindra Bank adjusts fees for savings and salary accounts: Review the specifics.

PJdesk - 25/05/2024 0

Kotak Mahindra Bank news: Kotak Mahindra Bank, a private lender, has made adjustments to the charges associated with certain services on both salary and savings...

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SBI might decisively and optimistically raise infrastructure loan rates if the RBI’s transformative draft regulations are implemented, according to Dinesh Khara

PJdesk - 25/05/2024 0

SBI loan rate update: State Bank of India’s chairman, Dinesh Kumar Khara, indicated that the bank might reprice infrastructure loans if the Reserve Bank of...

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ICICI Bank appointed Pradeep Kumar Sinha as Part-time Chairman after RBI’s approval

PJdesk - 25/05/2024 0

ICICI Bank appointed Pradeep Kumar Sinha The Reserve Bank of India has approved the appointment of Pradeep Kumar Sinha as the Part-time Chairman of ICICI...

Bank

World Bank’s IDA 21st Replenishment Final Meeting in December 2024 will held in South Korea

PJdesk - 24/05/2024 0

South Korea to Host World Bank's IDA: In December 2024, Seoul, South Korea, will host the critical pledging meeting for the International Development Association (IDA)...

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Urban co-operative banks are not interested in becoming small finance banks, according to RBI’s Satish Marathe

PJdesk - 24/05/2024 0

Urban co-operative banks: Urban co-operative banks (UCBs) are reluctant to convert into small finance banks (SFBs) due to the operational changes it entails, stated Satish...

Bank

Danske Bank bucks the trend, asserting that rupee bulls are mistaken as a record low approaches

PJdesk - 23/05/2024 0

Danske Bank Bucks the Trend, Asserting Rupee Bulls are Mistaken as Record Low Approaches Danske Bank, the top forecaster for the Indian rupee, is defying...

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Buddha Purnima Bank Holiday 2024: Will Banks Delightfully Close on May 23?

PJdesk - 22/05/2024 0

Buddha Purnima Bank Holiday 2024: The Reserve Bank of India's annual calendar designates Buddha Purnima, on Thursday, May 23, as a holiday, resulting in bank...

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RBI’s record ₹2.11 trillion dividend to assist Centre’s FY25 fiscal deficit, reduce bond yields

PJdesk - 22/05/2024 0

RBI's Record ₹2.11 Trillion Dividend to Assist Centre's FY25 Fiscal Deficit, Reduce Bond Yields The central bank's announcement on Wednesday of a record ₹2.11-trillion dividend...

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RBI Deputy Governor Sounds Alarm Over ARCs’ Supervisory Issues

PJdesk - 19/05/2024 0

RBI Deputy Governor Raises Supervisory Concerns The Reserve Bank of India (RBI) has identified several supervisory concerns in the functioning of asset reconstruction companies (ARCs),...

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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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