HDFC, Shriram Finance Fined by RBI for Rule Breach
On July 11, the Reserve Bank of India (RBI) fined two financial companies for not following some of its rules. HDFC Bank incurred a...
HDFC Bank Schedules July 19 Board Meet, To Consider Bonus Shares And Interim Dividend...
HDFC Bank , India’s biggest private bank scheduled a board meeting on, July 19, 2025 and is planning to reward its shareholders through bonus...
RBI Monetary Policy: Repo rate hiked up, GDP, inflation forecast unchanged
Highlights of RBI Monetary Policy:
Governor Shaktikanta Das-led Monetary Policy Committee (MPC) on Friday raised the repo rate by 50 basis points (bps)...
UPI Gets an Update: New Rules Come Into Effect from August 1, 2025
From 1 August 2025, new rules for the Unified Payments Interface (UPI) have officially come into effect. The National Payments Corporation of India (NPCI)...
RBI Plans to Simplify Claim Process for Deceased Bank Customers
The RBI has released a draft circular titled "Reserve Bank of India (Settlement of Claims in respect of Deceased Customers of Banks) Directions, 2025"...
EXIM Bank, Bank of Huzhou, and May International Sign Tripartite Agreement
EXIM Bank of Bangladesh, Bank of Huzhou from China, and May International Trade Services Ltd. have signed an important agreement to team up and...
Centre Starts Divestment in Bank of Maharashtra; 6% Stake Up for Sale at ₹54...
The Government of India is selling a part of its stake in Bank of Maharashtra through an Offer for Sale (OFS). This is a...
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...
Extension of term of office of the three MD & CEOs and ten EDs...
The Appointments Committee of the Cabinet (ACC) has approved the proposal of the Department of Financial Services for extension of term of office of...
JPMorgan Appoints Jerry Lee as Global Chair of Investment Banking
JPMorgan, one of the biggest bank in U.S.A appointed Jerry Lee as the Global Chair of Investment Banking which means he'll be helping lead...