HDFC Bank Reduces MCLR by 0.05%, Home Loan EMIs to Ease from Jan 7,...
HDFC Bank reduced its MCLR by 0.05% on select tenures, meaning home loan and other loan EMIs will become slightly cheaper starting Jan 7,...
Jammu & Kashmir Bank Stock Price Dropped By 8.6% After Terror Attack
On 23 April 2025, Jammu & Kashmir stock price fell by 8.6% and were trading at Rs 103.78 each on the Bombay Stock Exchange...
Karnataka Bank Leadership Changes: MD and ED Step Down Over Internal Issues
Karnataka Bank, based in Mangalore, announced late on 29 June (Sunday) that two of its top leaders, likely to step down soon due to...
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...
₹3 Crore PNB–PNB MetLife Fraud: Victim Troubled by Delay in Arrest of Bank Officials
In Ambedkar Nagar, a fraud case of more than ₹3 crore has been reported related to Punjab National Bank (PNB) and PNB MetLife India...
RBI Simplifies Loan Process: Drops ‘No Dues’ Certificate Requirement
The Reserve Bank of India (RBI) has proposed new rules under the Lead Bank Scheme to make it easier for people and businesses to...
Govt Orders Banks to Release PLI Despite CLC Advice
Recent reports indicate the Indian government, through the Department of Financial Services (DFS), has directed public sector banks (PSBs) to proceed with crediting Performance...
UPI AutoPay for All Your Recurring Bill Payments
Digital transactions have become quite crucial in our economy, lately. It allows us to pay bills without the hassle of carrying a lot of...
India-Pakistan Tensions Rise; Finance Minister Meets with Financial Sector Heads
On 9th May, 2025 Finance Minister Nirmala Sitharaman held a meeting to review the cybersecurity readiness of banks and financial institutions. The goal is...
RBI announced Shri Indranil Bhattacharyya as a New Executive Director
Shri Indranil Bhattacharyya is appointed as a New Executive Director by RBI, starting March 19, 2025. Highlighted points of the announcement:
Role of Shri Indranil...
