AIBOA Opposes IDBI Bank Disinvestment, Presses Government to Withdraw Stake Sale Plan
The All-India Bank Officers’ Association (AIBOA) has asked Finance Minister Nirmala Sitharaman to stop the government’s plan to sell its stake in IDBI Bank.
AIBOA...
Nirmala Sitharaman discussed the following points during her participation in the annual meetings of...
Despite the Indian economy being expected to grow by 7% this year, according to Union Finance Minister Nirmala Sitharaman, India is nonetheless concerned about...
ICICI Bank Appointed Anish Madhavan as Global Chief Compliance Officer, Effective 29 August 2025
ICICI Bank has announced a leadership change in its compliance function. Subir Saha, Group Chief Compliance Officer (GCCO) of ICICI Bank, has taken early...
Canara Bank to Sell priority sectors Loans and List Two Subsidiaries in Q2 FY26
Canara Bank has given more loans to priority sectors (like farming, small businesses, etc.) than required under the Priority Sector Lending (PSL) rules in...
Rs 1.85 Crore Fraud: Indian Bank Cashier Gets Life Term
A regional court has imposed a life sentence on a cashier working at an Indian Bank branch, while five additional individuals have received sentences...
People can receive ₹10 lakh without telling authorities after Center modifies FCRA
Union Home Ministry has amended the Foreign Contribution Regulation Act (FCRA) giving certain relaxations such as allowing relatives to send more money to India...
Odisha Withdraws Ban, Allows HDFC, ICICI, Axis Bank to Handle State Business Again
The Odisha government has reversed its decision and will now allow HDFC Bank, ICICI Bank, and Axis Bank to manage the money and accounts...
Reserve Bank of India Publishes Draft Circular on UTI for OTC Derivative Transactions
The Reserve Bank of India (RBI) has shared a draft circular dated October 23, 2025 about a Unique Transaction Identifier (UTI) for OTC Derivative Transactions...
The Good & Bad Side of Bank Privatisation in India
After the concept of Bank Nationalisation was conceptualized by Indira Gandhi in 1969, bank privatisation took place under PV Narasimha Rao's government in 1991,...
Reserve bank of India to geotag e-payment touchpoints for better monitoring
Reserve bank of India to geotag e-payment touchpoints for better monitoring: Presently, it is the era of digital payments. With evolving times, the technology...