Despite Climate Warnings, Big Banks, Including SBI, Poured $869 Billion into Fossil Fuels in...
Climate experts recorded 2024 as the hottest year ever, highlighting the need for immediate Climate Action. Still in 2024, the world’s 65 largest banks...
Zubin Mody Resigns as CHRO of IndusInd Bank After 20 Years
Zubin Mody, who was the Chief Human Resources Officer (CHRO) has resigned after serving the company for two decades. He submitted his resignation on...
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...
The New Development Bank (NDB) to open its first regional office in India
The Shanghai-based multilateral bank of the Brics countries, The New Development Bank (NDB), is set to open its first regional office in India at...
Major Banks Cut Savings Interest Rates Following RBI Repo Rate Reduction
Several major banks in India have recently cut their savings account interest rates by 25 basis points (0.25%) following the Reserve Bank of India’s...
“Ghost Tapping” – A Sneaky New Scam That Can Empty Bank Accounts Without PIN...
“Ghost Tapping” is an emerging digital scam that targets contactless payments (tap-to-pay with cards, phones, or digital wallets).
In this scam, fraudsters can steal money...
Banks will not be privatised – Minister
Public sector banks would not be privatised, said Union Minister of State for Finance Bhagwat Karad while addressing media persons here today. In order...
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,...
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...
Potential Changes To International Tax Rules
A summary of government consultations on reforming UK transfer pricing and permanent establishment rules
In July 2023, the Government released a consultation asking for views...