AU Small Finance Bank Set to Grow Bigger with RBI’s Universal Bank Approval
AU Small Finance Bank has received special permission from the Reserve Bank of India (RBI) to become a universal bank. This means the bank...
Karnataka Bank Introduces Two New Products to Celebrate Founders’ Day
In a significant move to honor its legacy and commitment to customer-centric innovation, Karnataka Bank has launched two new financial products as part of...
Deutsche Bank Plans Full Exit from Retail Banking in India
According to a Reuters report Deutsche Bank is thinking about selling its retail banking operations in India and has asked both Indian and international...
RBI plans to ask banks to follow stricter rules for gold loans
Gold loans in India have been growing rapidly, increasing by 50% since September 2024, which is faster than the growth of overall loans. As...
UPI Gets an Update: New Rules Come Into Effect from August 1, 2025
From 1 August 2025, new rules for the Unified Payments Interface (UPI) have officially come into effect. The National Payments Corporation of India (NPCI)...
RBI Allows AU Small Finance Bank to Become Universal Bank; NOFHC Requirement Dropped for...
AU Small Finance Bank wants to convert from a Small Finance Bank into a Universal Bank (a full-service bank like big private banks). A...
Big Change Ahead! From November 1, Banks to Allow Multiple Nominees for Accounts and...
Starting November 1, 2025, new rules under the Banking Laws Amendment Act, 2025 will take effect. From now bank customers in India will be...
Government to Hold Two-Day ‘Manthan’ Meeting with PSBs on Sept 12–13, Plans Future Roadmap...
The Indian government is holding a special two-day meeting with public sector banks (PSBs) on September 12 and 13, called "Manthan". This is the...
Odisha CM Asked ICICI, Axis, HDFC Bank To Support Govt Loan Scheme after De-Empanelment
Today, Odisha Chief Minister Mohan Charan Majhi met with the top officials of HDFC, Axis, and ICICI Bank at Lok Seva Bhawan to discuss...
₹57,000 Crore Scam: MOS Identifies Mallya, Nirav Among 15 Top FEOs in Lok Sabha
The government told Parliament (Lok Sabha) about the status of big financial crime cases in India. As of October 31, 2025, a total of...
