What you should know about SBI – Utsav Deposit Scheme?
SBI launched Utsav Deposit Scheme in 2009, during the Diwali festival, in collaboration with UTI (Unit Trust of India). This Scheme was meant to...
NCIB Criticizes HDFC Bank Over Agent Misconduct, Says Bank Equally Responsible
NCIB Strongly criticized HDFC bank over a viral audio clip in which a woman is allegedly verbally abusing a CRPF (Central Reserve Police Force)...
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...
IDBI Bank Privatisation Nears Completion: A Transformative Shift in India’s Banking Sector
The Indian government is on the brink of finalising one of its most significant financial reforms—the privatisation of IDBI Bank. Reports indicate that the...
Rs 36 Lakh Penalty on Citibank and IDBI, imposed by RBI
Two banks, IDBI and Citibank, will pay the penalty for violating RBI norms. RBI said that they imposed the penalty as the banks failed...
Santosh Kumar, Appointed As New Deputy CFO Of IndusInd Bank
IndusInd Bank has appointed Santosh Kumar as the new Deputy Chief Financial Officer (CFO). He replaced CFO Arun Khurana, who was holding the role...
Yes Bank Bags ₹78 Crore, Thanks to Security Receipts
YES BANK has received ₹78 crore from its investment in security receipts. This represents a substantial boost to the bank's cash inflow. On June...
State Bank of India Faces UPI Outage, Affecting Other UPI Services
Today on 11th March State Bank of India (SBI) faced technical issues with its UPI services, causing problems for customers across India. Users were...
Deutsche Bank Chairman: Germany To Get €1 trillion ($1.1 trillion) For Free
In a panel discussion organized by the Institute of International Finance, Deutsche Bank AG Chairman Alexander Wynaendts, said that Germany will receive an additional...
Despite Being Eid-Ul-Fitar, Banks To Remain Operational From March 29 to March 31
In circular issued on Monday, RBI said that banks will be operational for a special cheque-clearing session till 31st March, 2025. Since March 30...
