Discrepancy Of Rs 1979 Crore Reported In IndusInd Bank Derivatives Portfolio
IndusInd Bank's Managing Director & CEO Sumant Kathpalia told ET Now that the bank noted something off in its businesses around September-October 2024. Bank...
Executives Urge RBI To Lower CRR To Ease Banking System Liquidity
A pre-policy review consultation meeting was held on March 31, 2025, in Mumbai with bank treasury officials and asset managers. In the meeting executives...
Rs 36 Lakh Penalty on Citibank and IDBI, imposed by RBI
Two banks, IDBI and Citibank, will pay the penalty for violating RBI norms. RBI said that they imposed the penalty as the banks failed...
Blackstone Bets Big: Ready to Invest ₹6,196.5 Crore in Federal Bank Through Warrants
Federal Bank is planning to raise money by issuing warrants (a type of financial instrument that can later be converted into shares) to Blackstone,...
Yes Bank Bags ₹78 Crore, Thanks to Security Receipts
YES BANK has received ₹78 crore from its investment in security receipts. This represents a substantial boost to the bank's cash inflow. On June...
Orissa Government De-Empanels HDFC, ICICI and Axis Bank Over Poor Performance
On June 21, the Orissa government removed three private banks HDFC Bank, ICICI Bank, and Axis Bank from its list of empanelled banks over...
China Banks To Raise 520 Billion To Boost Financial Strength
State banks of China are raising massive funds up upto Rs 520 billion yuan to boost the financial strength of the country. The Chinese...
Two big banks, JPMorgan and MUFG to Finance $22B Texas Data Center Project
JPMorgan and Japanese bank MUFG are planning to fund a massive $22 billion project in Texas Data Center Project. The money will help build...
ACC Approves Kalyan Kumar as MD & CEO of Central Bank of India
The Appointments Committee of the Cabinet (ACC) officially approved the appointment of Kalyan Kumar as MD & CEO of Central Bank of India on...
RBI Governor Asked Banks to Improve Services and Reduce Grievances
RBI governor Sanjay Malhotra, while speaking at the annual conference of the RBI Ombudsmen has asked all the Banks and the Financial Institution to...
