RBI in action The Reserve Bank of India (RBI) proposed revising the definition of bulk deposits, impacting both traditional banks and Small Finance Banks (SFBs)....

Bank

Goldman Sachs bullish on private banks, says correction offers opportunities

PJdesk - 09/06/2024 0

Goldman Sachs bullish on private banks Analysts at Goldman Sachs believe the sharp correction in private bank stocks on Thursday following the post-election results presents...

Bank

RBI launches its third Global Hackathon – HaRBInger 2024

PJdesk - 08/06/2024 0

RBI's Global Hackathon Reserve Bank is organising its third global hackathon – ‘HaRBInger 2024 – Innovation for Transformation’. The Hackathon invites participants to develop solutions using...

Bank

RBI Monetary Policy 2024 LIVE: Governor Das emphasizes the importance of aligning inflation with the RBI target and maintaining it at that level for...

PJdesk - 07/06/2024 0

RBI Monetary Policy 2024 LIVE The RBI will closely monitor liquidity, growth, and inflation over the coming weeks and months, but it is expected to...

Bank

ANEXT Bank Sees Significant Growth in Regional and Global Reach Among MSME Clients

PJdesk - 07/06/2024 0

ANEXT Bank Sees Significant Growth in Regional and Global Reach Among MSME Clients ANEXT Bank, a digital wholesale bank based in Singapore and wholly owned...

Bank

Citi’s New Banking Head Viswas Raghavan Begins Tenure as CEO Praises His ‘Intensity’

PJdesk - 05/06/2024 0

Citi's New Banking Head Viswas Raghavan Begins Tenure Amid High Hopes from CEO Jane Fraser Viswas Raghavan joined Citigroup as its new head of banking...

Bank

NCLT Initiates Insolvency Proceedings Against Jaiprakash Associates Following ICICI Plea

PJdesk - 05/06/2024 0

NCLT Initiates Insolvency Proceedings Against Jaiprakash Associates On Monday, the National Company Law Tribunal (NCLT) directed the initiation of insolvency proceedings against Jaiprakash Associates Ltd...

Bank

Canara Bank’s board approves raising Rs 8,500 crore through bonds in FY25.

PJdesk - 03/06/2024 0

Canara Bank news update: State-owned Bank announced on Friday that its board has approved raising Rs 8,500 crore through bonds to support business growth in...

Bank

SBM Bank India Ltd. hit with ₹88.70 Lakh Penalty by RBI for Regulatory Non-Compliance

PJdesk - 02/06/2024 0

SBM Bank India Ltd. news update The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹88.70 lakh (Rupees Eighty Eight Lakh Seventy...

Bank

UBS Celebrates Successful Merger with Credit Suisse

PJdesk - 02/06/2024 0

UBS Group AG Finalizes Merger with Credit Suisse AG UBS Group AG announced today the successful completion of its merger with Credit Suisse AG, facilitated...

Bank

The RBI intends to implement regulations aimed at strengthening the financial sector, as stated in its annual report

PJdesk - 01/06/2024 0

RBI Aims to Strengthen Regulations From implementing the expected credit loss (ECL) model for asset classification to conducting a thorough review of loan rates, the...

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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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