Kotak Bank Boosts Share Count: Announces 5-for-1 Stock Split for Existing Shareholders
Kotak Mahindra Bank has decided to split its shares. Right now, 1 share will be divided into 5 smaller shares. This does not change...
Citibank Appoints Kaustubh Kulkarni as Co-Head of Investment Banking
Citibank has given Kaustubh Kulkarni a big new job as co-head of its investment banking team. He’ll be in charge of the business in...
Bandhan Bank Q2 FY26 Result: Reports Weak Financial Results, Profit fell about 70%
Bandhan Bank announced financial results for the July–September 2025 quarter (Q2 FY26). Bandhan Bank’s profits fell sharply because of more bad loans and lower...
Why #5DaysBanking was Trending on Twitter at No. 1
In the last few days, Twitter was trending with the hashtag #5DaysBanking. The trend attracted many eyeballs in the country and made people ponder...
ICICI Bank Imposes UPI Transaction Charges on Payment Aggregators, Raises Fintech Concerns
Introduced charges for UPI payments done through Payment Aggregators (PAs) like Razorpay, PayU, Pine Labs, etc. that help merchants accept digital payments. These charges...
₹4,500 Crore Mega Deal! Kotak Mahindra Bank Likely to Acquire Deutsche Bank’s Retail Operations
Kotak Mahindra Bank is planning to buy the retail (individual customer) business of Deutsche Bank in India for about ₹4,500 crore. As per The...
Lucknow’s Lulu Mall Bank Account Seized Over Failure to Deposit Tax
Lulu Mall in Lucknow is facing financial trouble due to unpaid taxes. The mall failed to deposit its income tax dues of ₹27 crore...
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...
Fino Payments Bank Upgrades Core Banking System to Finacle Platform
Fino Payments Bank has upgraded its main banking system (called Core Banking System or CBS) to a new platform called Finacle. This is a...
Government of Madhya Pradesh Revokes Five-Year Ban on Bank of Baroda After Bank’s Representation
The Government of Madhya Pradesh initially banned Bank of Baroda from handling any government-related work for a period of five years. But within just...
