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

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...

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

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...

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

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...

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

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...

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

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...

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

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

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....

Japanese Yen Weakens as BoJ Maintains Steady Interest Rate

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....

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

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...

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

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...

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

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...

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

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

Leveraging artificial intelligence (AI) could help global leaders fortify infrastructure to plan, respond, and recover quickly and decisively to more frequent and intense natural...

Indogulf Cropsciences Limited’s Initial Public Offering to open on Thursday, June 26, 2025, price band set at ₹105/- to ₹111/- per Equity Share

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...

Icon Facilitators’ IPO opens for subscription on Tuesday, June 24; price band fixed at ₹85 – ₹91

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,...

As momentum set to become market flavour, SAMCO MF now launches large & Mid-Cap Fund to combine stability with growth

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