Indian Overseas Bank Q2 FY26 Result: Net Profit Jumps 58% YoY to ₹1,266 crore!...
Indian Overseas Bank (IOB), a public sector bank in India, performed well with higher profits, better loan quality, and stronger margins. The bank made...
Bank of Maharashtra Shows Strong Financial Performance in (Q2 FY26: July–September 2025)
Bank of Maharashtra is a government-owned bank (Govt. holds 79.60% as of Sept 2025) offering all kinds of banking services—corporate, retail, treasury, etc. The...
Reserve Bank of India Publishes Draft Circular on UTI for OTC Derivative Transactions
The Reserve Bank of India (RBI) has shared a draft circular dated October 23, 2025 about a Unique Transaction Identifier (UTI) for OTC Derivative Transactions...
RBI Issues New Guidelines For Loans Against Silver, Effective April 1, 2026
The Reserve Bank of India (RBI) has announced new rules that will make it easier for people and businesses to take loans using silver...
Kotak Bank Boosts Share Count: Announces 5-for-1 Stock Split for Existing Shareholders
Kotak Mahindra Bank has decided to split its shares. Right now, 1 share will be divided into 5 smaller shares. This does not change...
RBI Penalizes Bandhan Bank ₹44.7 Lakh for Rule Violations
The Reserve Bank of India (RBI) has fined Bandhan Bank ₹44.7 lakh because the bank did not fully follow certain rules and regulations.
RBI inspected...
RBI Removes Rate Caps on Select NRE and FCNR(B) Deposits to Attract Foreign Currency...
The Reserve Bank of India has taken a targeted step to attract foreign currency inflows by removing rate caps on select NRE and FCNR(B)...
SUKANYA SAMRIDDHI ACCOUNT – Central Government Program for Daughters
Sukanya Samriddhi Account: Sukanya Samriddhi Yojana (SSY) is a scheme started for daughters. By investing in this government scheme, parents can ensure their daughter's...
How Much Do PSUs Spend on Recovery Agents? SBI Refuses to Disclose
Several PSUs Banks in India engage private recovery agents to recover unpaid loans from borrowers. These agents are often accused of using harsh and...
Rs 1.85 Crore Fraud: Indian Bank Cashier Gets Life Term
A regional court has imposed a life sentence on a cashier working at an Indian Bank branch, while five additional individuals have received sentences...
