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SBI to Open 400 New Branches in FY25, Announces Chairman Dinesh Khara
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...
MUFG penalized by Japan’s financial regulator, Reports Kyodo
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)...
World Bank Group Launches WBG Academy to Equip Future Leaders with Development Expertise
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...
RBI governor Shaktikanta Das urges banks to end mindless pursuit of profit
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...
SBI Chairman Urges Government to Provide Tax Relief on Interest Income to Boost Savings and Fund Projects
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...
Canada Commits US$200 Million to World Bank’s Hybrid Capital Fund
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...
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...
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Bitmine Immersion Technologies (BMNR) announces ETH holdings reach 4.203 million tokens, and total crypto and total cash holdings of $14.5 billion
Bitmine Immersion Technologies, Inc. ("Bitmine" or the "Company") a Bitcoin and Ethereum Network Company with a focus on the accumulation of crypto for long...
Samco Mutual Fund launches India’s first actively managed momentum-based Mid-Cap Fund aiming to capture the next phase of India’s growth
Samco Asset Management Private Limited today announced the launch of the Samco Mid Cap Fund, India’s first actively managed momentum-based mid-cap fund, seeking to identify and...
Digital lending drive: PSBs sanction ₹52,300 Crore to 4 lakh MSMEs in nine months
In a significant boost to micro, small, and medium enterprises (MSMEs), Public Sector Banks (PSBs) have sanctioned over 3.96 lakh loan applications amounting to...
Shadowfax Technologies IPO opens January 20; Details here
In a significant move in the primary market, Shadowfax Technologies Ltd., a high-growth technology firm, has filed its Draft Red Herring Prospectus (DRHP) with...