Ujjivan Small Finance Bank Awaits RBI Decision on Universal Bank License by December

Ujjivan Small Finance Bank Awaits RBI Decision on Universal Bank License by December

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Ujjivan Small Finance Bank wants to upgrade to become a universal bank and applied for the license in February 2024, and are hoping the...
China’s Central Bank Buys Gold for 10th Consecutive Month in August

China’s Central Bank Buys Gold for 10th Consecutive Month in August

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China’s central bank (called the People’s Bank of China) bought more gold in August, marking 10 months in a row of adding to its...
RBI’s new measures to improve liquidity in the banking system

FSIB Nominates PNB Executive Director Kalyan Kumar for Union Bank of India ...

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Mr. Kalyan Kumar who is currently the Executive Director of Punjab National Bank (PNB), has been proposed as the new MD & CEO of...
FI Index

RBI’s Key Banking Rule Reforms Throughout 2025

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The Reserve Bank of India (RBI) implemented a series of significant banking rule reforms throughout 2025. These regulatory updates affected various aspects of the...
Central Bank of India Nominates Bank of Baroda Executive Director Lalit Tyagi for MD & CEO Role

FSIB Nominates Bank of Baroda Executive Director Lalit Tyagi for Central Bank of India...

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Bank Of Baroda Executive Director Mr. Lalit Tyagi has been proposed as MD and CEO of Central Bank of India, replacing the earlier recommendation...
CitiBank

Citibank Appoints Kaustubh Kulkarni as Co-Head of Investment Banking

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Citibank has given Kaustubh Kulkarni a big new job as co-head of its investment banking team. He’ll be in charge of the business in...
RBI Penalizes Bandhan Bank ₹44.7 Lakh for Rule Violations

RBI Penalizes Bandhan Bank ₹44.7 Lakh for Rule Violations

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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...
Public Outrage Over ICICI Bank's Increased Minimum Balance Requirement

ICICI Bank Appointed Anish Madhavan as Global Chief Compliance Officer, Effective 29 August 2025

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ICICI Bank has announced a leadership change in its compliance function. Subir Saha, Group Chief Compliance Officer (GCCO) of ICICI Bank, has taken early...
HDFC Bank Board Approves 1:1 Bonus Shares Along with ₹5 Interim Dividend

HDFC Bank Unveils New Imperia Eligibility Rules: What Premium Customers Need to Know

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Starting October 1, 2025, HDFC Bank will revamp its Imperia premium banking programme by adding a new eligibility option: maintaining a Total Relationship Value...
South Indian Bank Launches SIB Gold Xpress Loan For Quick And Easy Credit access

South Indian Bank Launches SIB Gold Xpress Loan For Quick And Easy Credit access

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South Indian Bank has launched a new gold loan called SIB Gold Xpress. It's designed to help people get money quickly and easily by...