The Bank of England Cuts Interest Rates to a Two-Year Low: What It Means...
The Bank of England has recently cut its benchmark interest rate to the lowest level seen in two years, a move that is reverberating...
RBI Keeps Repo Rate Unchanged in Latest MPC Meeting
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) met from August 4 to August 6 and made an important decision...
Rajiv Anand Appointed as New CEO of IndusInd Bank; Shares Jump 5%
On Monday, IndusInd Bank officially announced that Rajiv Anand has been appointed as the new Chief Executive Officer (CEO) of the bank. His leadership...
How Much Do PSUs Spend on Recovery Agents? SBI Refuses to Disclose
Several PSUs Banks in India engage private recovery agents to recover unpaid loans from borrowers. These agents are often accused of using harsh and...
ICICI Bank Imposes UPI Transaction Charges on Payment Aggregators, Raises Fintech Concerns
Introduced charges for UPI payments done through Payment Aggregators (PAs) like Razorpay, PayU, Pine Labs, etc. that help merchants accept digital payments. These charges...
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)...
IndusInd Bank’s Internal Audit Chief Jyoti Prasad Ratho, Retires
IndusInd Bank has officially announced that Jyoti Prasad Ratho who was in charge of internal audit, has retired and is no longer 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...
J.V. Satyanarayana Murthy Elected As The New Chairman Of Visakhapatnam Cooperative Bank
Recently, a new Board of Directors was elected to lead the Visakhapatnam Cooperative Bank (VCB). This team came together and selected J.V. Satyanarayana Murthy...
Canara Bank Plans to Hire People Proficient in Local Languages, Says MD & CEO
Canara Bank Managing Director and CEO, K Satyanarayana Raju, in a telephonic interview with Anupreksha Jain of Business Standard, said that the bank plans...