Former Bajaj Finance MD Anup Kumar Saha Appointed Whole-time Director at Kotak Mahindra Bank

Former Bajaj Finance MD Anup Kumar Saha Appointed Whole-time Director at Kotak Mahindra Bank

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Kotak Mahindra Bank has chosen Anup Kumar Saha to become a Whole-time Director. His appointment still needs approval from banking regulators. Until those approvals...

China’s New Bank Loans Total 16.27 Trillion Yuan in 2025, Lowest Since 2018

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Chinese banks lent out much less money in 2025 than in recent years — the lowest amount since 2018. That’s a sign that people...
Ombudsman

RBI Issues Guidelines on Appointment and Role of Internal Ombudsmen in Banks and NBFCs

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RBI has issued new rules for appointing an Internal Ombudsman (IO). These rules apply to banks, small finance banks, payment banks, NBFCs, prepaid payment...
India Defies Global Trends, Sustains Strong Economic Growth: World Bank Report

World Bank Projects India’s Economy to Grow by Around 6.5% in FY 2026–27

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The World Bank expects India’s economy to grow at about 6.5% in FY 2026–27, slightly lower than the Indian government’s estimate of 7.4%. Despite...
Bank Fraud in Three Different Locations, Bank Fraud Persists Without End

Bank Fraud Case: CBI Raids Several Locations Across Kolkata

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On Thursday, the CBI carried out searches at multiple locations in Kolkata in connection with a bank fraud investigation. They are checking the home...
Maharashtra Chief Minister Devendra Fadnavis Meets World Bank Group President Ajay Banga

WEF Davos: Maharashtra Chief Minister Devendra Fadnavis Meets World Bank Group President Ajay Banga

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Maharashtra Chief Minister Devendra Fadnavis attended the World Economic Forum (WEF) in Davos, Switzerland and met Ajay Banga, the President of the World Bank. Fadnavis...
Married Couples Could Soon File Taxes Together: ICAI Pushes Joint Taxation Option in 2026 Union Budget

Married Couples Could Soon File Taxes Together: ICAI Pushes Joint Taxation Option in 2026...

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The Institute of Chartered Accountants of India (ICAI) has suggested that married couples in India should have the option to file their taxes together,...
Sandeep Bakhshi Secures Two-Year Extension as ICICI Bank MD & CEO, Extending Leadership Until 2028.

Sandeep Bakhshi Secures Two-Year Extension as ICICI Bank MD & CEO, Extending Leadership Until...

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The speculation surrounding Sandeep Bakhshi’s continuation as ICICI Bank’s CEO has finally been resolved. On Saturday, the bank’s Board of Directors unanimously approved his...

Shamli DM Reviews Youth Entrepreneur Scheme, Warns Banks of Strict Action Over Lapses

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During a review meeting of the Chief Minister’s Youth Entrepreneur Scheme, the District Magistrate expressed strong dissatisfaction with the poor performance of several banks...
Two big banks, JPMorgan and MUFG to Finance $22B Texas Data Center Project

Trump Brings $5 Billion Suit Against JPMorgan, Claiming Politically Motivated Termination of Banking Services

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Donald Trump has filed a lawsuit asking for $5 billion against JPMorgan Chase (the largest bank in the United States) and its CEO, Jamie...