Alberta’s New Euro Debt Deal without Bank Of America
In March 2025, Alberta sold €1.25 billion (about $1.4 billion) bond in Europe to raise money. Usually, Bank of America had always been a...
RBI Reduced Repo Rate To 6%, Decision Taken After Monetary Policy Committee (MPC) Meeting
The Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points, bringing it down from 6.25% to 6%. For the...
IDBI Bank Disinvestment Process Is Ongoing said, Arunish Chawla
During an interview with ET Now Arunish Chawla, Secretary of the Department of Investment and Public Asset Management (DIPAM) shared the update about IDBI...
One State One RRB To Be Implemented Soon
The Finance Ministry is ready to implement "One State-One RRB" in which 15 Regional Rural Banks (RRBs) operating in various states will be merged....
Cent eeZ – A New Futuristic Mobile App from Central Bank of India
Central Bank of India launched a new mobile enhanced and futuristic app Cent eeZ for Android and Apple phone users. This will be the...
United Forum of Bank Unions Wrote Maharashtra CM Seeking Security of Bankers
The United Forum of Bank Unions (UFBU) wrote a letter to Maharashtra CM Devendra Fadnavis to ensure the security of banking officials after some...
Bankers asked RBI To Make SORR As Overnight Benchmark
Bank officials have asked RBI to use the Secured Overnight Rupee Rate (SORR) as the main rate for overnight transactions. Currently, banks are using...
Ex-World Bank Economist Poonam Gupta, Appointed as New RBI Deputy Governor
On April 2, 2025 RBI appointed Dr Poonam Gupta as the new RBI Deputy Governor (DG) for three years from the date of joining....
Executives Urge RBI To Lower CRR To Ease Banking System Liquidity
A pre-policy review consultation meeting was held on March 31, 2025, in Mumbai with bank treasury officials and asset managers. In the meeting executives...
Yes Bank Faces A Tax Demand Notice of Rs 2209 Crore
Yes Bank confirmed that it has received a demand notice from Income Tax Department for the assessment year 2019-2020. The Income tax department reopened...