SMBC (Japanese Financial Giant) in Advanced Discussions to Acquire Significant Stake in Yes Bank.
Japanese financial giant Sumitomo Mitsui Banking Corp (SMBC) is in the final stages of discussions to acquire a major stake in Yes Bank. The...
‘One State One RRB’ Policy Comes Into Effect From Today
New banking reform i.e. ‘One State, One RRB’ policy officially enforced on on May 1, 2025. Total 26 RRBs merged in 11 states and...
After Arun Khurana, Deputy CEO Resignation, IndusInd Bank CEO Sumant Kathpalia Resigns
Sumant Kathpalia, CEO and Managing Director of IndusInd Bank, resigned at the end of the workday on April 29, 2025. He worked as a...
Arun Khurana, Deputy CEO of IndusInd Bank Resigned on Monday
On April 28, 2025 Arun Khurana, Deputy CEO and Whole-Time Director of IndusInd Bank, resigned from the post. His resignation comes after a discrepancy...
World Bank Lowered India’s Growth Prediction for 2025-26 to 6.3%.
The World Bank revised India’s expected economic growth for 2025-26 from 6.7% to 6.3% which is 0.4% (or 40 basis points) lower than their...
Jammu & Kashmir Bank Stock Price Dropped By 8.6% After Terror Attack
On 23 April 2025, Jammu & Kashmir stock price fell by 8.6% and were trading at Rs 103.78 each on the Bombay Stock Exchange...
HDFC Bank Hits A Milestone, With Its Market Value Crossing ₹15 trillion For The...
HDFC became the third Indian Company after crossing the ₹15-trillion market capitalisation mark for the first time on Tuesday. In last six trading days,...
MTNL Defaults on ₹8,300 Crore Debt Owed to Multiple Lenders
MTNL (Mahanagar Telephone Nigam Limited), the state run telecom company has failed to repay loans to multiple banks. These loan defaults happened between August...
IDBI Oppose Government Privatisation Plan; Highlights Top 10 willful Defaulters
IDBI Bank is against the government plan to privatize the bank and demands to recover public money from big defaulters. Employees believe that action...
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...
