IndusInd Bank Considers Three Candidates for IndusInd Bank’s Next MD and CEO
IndusInd Bank shortlisted three candidates for IndusInd Bank next MD and CEO position. Bank should send the name by June 30 to RBI for...
Finance Minister Urges Banks to Enhance Lending While Ensuring Profitability
Finance Minister Nirmala Sitharaman held an annual review meeting on Friday, June 27, with the heads of public sector banks (PSBs). She met with the...
Six Leading Investment Banks to Handle SBI’s ₹25,000 Crore QIP
State Bank of India (SBI), the country’s largest and most valuable government-owned bank. It now wants to raise up to ₹25,000 crore to support...
Government Removes Pankaj Dwivedi as Executive Director of Union Bank of India
Pankaj Dwivedi was appointed as the Executive Director (ED) of Union Bank of India in March 2024. However, that appointment has now been cancelled...
Paytm Launches ‘Total Balance Check’ Feature for UPI-Linked Bank Accounts
India's leading digital payments platform, Paytm has launched a new feature called Total Balance Check is made to help people manage their money more...
Japanese Banks and Firms Begin Evacuations from Middle East Amid Iran Tensions
Japan’s largest banks are among the first global companies to evacuate staff from Dubai and other key financial centers in the Middle East, following...
Reliance Infra’s Subsidiary JRTR Clears ₹273 Crore Debt to Yes Bank
Reliance Infrastructure, a company owned by Anil Ambani, announced that one of its fully-owned subsidiary, JR Toll Road Pvt Ltd (JRTR), has completely repaid...
Orissa Government De-Empanels HDFC, ICICI and Axis Bank Over Poor Performance
On June 21, the Orissa government removed three private banks HDFC Bank, ICICI Bank, and Axis Bank from its list of empanelled banks over...
RBI Plans New Intelligence Platform (DPIP) to Strengthen Digital Payment Security
The Reserve Bank of India (RBI), and the country’s biggest public and private banks are working together to create a smart system called the...
Did You Know? Chanda Kochhar Once Suggested an HDFC–ICICI Merger, Says Deepak Parekh”
HDFC Ltd was India’s first big housing finance company, started in 1977. Interestingly, ICICI (which later became ICICI Bank) helped set up HDFC in...