Government Considers Increasing FDI Limits in Public Sector Banks to Boost Capital Inflows
A report said that the Indian government is thinking about letting more foreign investment into public sector banks (PSBs). Right now, foreign investors can...
RBI Imposes ₹61.95 Lakh Penalty on Kotak Mahindra Bank for Regulatory Non-Compliance
The Reserve Bank of India (RBI) fined Kotak Mahindra Bank ₹61.95 lakh because the bank did not fully follow some banking rules. During an...
AU Small Finance Bank Launches ‘M Circle’ – A Special Banking Program for Women
U Small Finance Bank has started a special banking program called ‘M Circle’ just for women. It’s designed to meet the financial and lifestyle...
ICICI Bank Appointed Anish Madhavan as Global Chief Compliance Officer, Effective 29 August 2025
ICICI Bank has announced a leadership change in its compliance function. Subir Saha, Group Chief Compliance Officer (GCCO) of ICICI Bank, has taken early...
HDFC Bank Stock Falls Sharply Following Resignation of Chairman Atanu Chakraborty
The chairman of HDFC Bank, Atanu Chakraborty, suddenly resigned. In his resignation letter, he said some things in the bank didn’t match his personal...
Apply Now: FSIB Seeks MD & CEO for Canara Bank
The Financial Services Institutions Bureau (FSIB) (the body that selects top executives for government-owned banks) has invited people to apply for the post of...
Tax Cut Doesn’t Dent GST Growth: October 2025 GST Collections Hit ₹1.96 Lakh Crore
Starting September 22, the government reduced GST (Goods and Services Tax) rates on 375 items like kitchen staples, electronics, and automobiles.
In September 2025, the...
Kotak Mahindra Bank CTO Quits Within a Year Amid Frequent Top-Level Exits
Bhavnish Lathia has resigned from his job as Chief Technology Officer (CTO) of Kotak Mahindra Bank less than one year after joining. He said...
Bank Correspondents Association in Tiruchi Appeals to Collector for Commission and Salary Support
Members of the Bank Business Correspondents Association in Tiruchi have asked the District Collector to help them get their commission and basic salary, which...
Jana Small Finance Bank Names Rajesh Sharma as New COO
Rajesh Sharma has taken over as the new Chief Operating Officer (COO) of Jana Small Finance Bank. Rajesh completed his commerce degree from St....
