Tamilnad Mercantile Bank IPO opens on Monday, Other details and check latest GMP
The three-day initial public offering (IPO) of Tamilnad Mercantile Bank will open for public subscription next week on Monday, September 5, 2022 and conclude...
Indian Banking Sector Q1 FY2025-26 Results: An Overview
The Indian banking sector delivered a mixed performance in the first quarter of FY26 (April-June 2025), with most major banks reporting profits despite facing...
Mumbai Cops Arrested 3 for Operating Fake Accounts Under ‘Ladki Bahin’ Scam
Mumbai Police arrested 3 people for a fake bank account scam linked to cyber fraud and money laundering. The accused opened bank accounts in...
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Major Banks like Canara Bank and IDBI Bank Revise MCLR in March 2025
As of March 2025, several major banks, including HDFC Bank, Bank of Baroda, Punjab National Bank (PNB), Canara Bank, and IDBI Bank, have revised...
RBI’s new measures to improve liquidity in the banking system
The Reserve Bank of India (RBI) has announced new steps to ease the tight liquidity (cash) situation in banks. It will carry out OMO...
There has been an announcement by the World Bank of a new fund for...
The World Bank today unveiled a new multi-partner fund that would combine resources from the international community, including contributions from donor nations, the business...
State Bank of India Faces UPI Outage, Affecting Other UPI Services
Today on 11th March State Bank of India (SBI) faced technical issues with its UPI services, causing problems for customers across India. Users were...
SBI & HDFC Entered Into Top 100 Global Banks By Total Assets : S&P...
SBI and HDFC have been featured in recent rankings by S&P Global Market Intelligence. SBI and HDFC are the only Indian banks ranked among...
PPS (Positive Payment System) – All you need to know
A positive Payment System is popularly termed a PPS system. The scheme primarily aims to protect the bank customers against large-value cheque frauds, which...