SBI Approves ₹3,200 Crore Loan to KPI Green Energy, Boosting Green Infrastructure Push
KPI Green Energy, a renewable energy company, received loan approval (sanction) of ₹3,200 crore from State Bank of India (SBI). This money will help...
Government Considers Increasing FDI Limits in Public Sector Banks to Boost Capital Inflows
A report said that the Indian government is thinking about letting more foreign investment into public sector banks (PSBs). Right now, foreign investors can...
EPFO Officer Shri Vivekanand Gupta Selected for Prestigious PFAM Global Finance Program
The Employees’ Provident Fund Organisation (EPFO), responsible for managing over ₹25 lakh crore for millions of workers in India, has reached a proud milestone....
IndusInd Bank Appointed Viral Damania as the New Chief Financial Officer (CFO).
The bank has appointed Viral Damania as its new CFO, starting September 22, 2025. He replaces the temporary finance head, Santosh Kumar, who will...
NCIB Criticizes HDFC Bank Over Agent Misconduct, Says Bank Equally Responsible
NCIB Strongly criticized HDFC bank over a viral audio clip in which a woman is allegedly verbally abusing a CRPF (Central Reserve Police Force)...
Banking Alert: SBI, HDFC & Kotak to Face Service Disruptions on Sept 21 Due...
Several large Indian banks including SBI, HDFC Bank, and Kotak Mahindra Bank have announced that they will carry out scheduled maintenance on September 21, 2025....
SMBC Acquires 20% Stake in Yes Bank, Becomes Largest Shareholder
Sumitomo Mitsui Banking Corporation (SMBC), a big bank from Japan, has bought a 20% share in Yes Bank, an Indian private bank. SMBC bought...
RBI Fines PhonePe ₹21 Lakh for Violating PPI Norms
The Reserve Bank of India (RBI) recently imposed a penalty of ₹21 lakh on PhonePe for breaking certain rules related to digital wallets (also...
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...
RBI Clears SMBC’s Entry into Yes Bank Board with Approval for Two Director Appointments
On September 9, 2025, Yes Bank received a formal letter from the RBI allowing the amendments to its Articles of Association (AoA). Yes Bank...