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...
IDFC First Bank To Receive ₹7,500 Cr Investment from Global Investors Warburg Pincus &...
A big Investment for IDFC First Bank is coming in as two global investors, Warburg Pincus & Abu Dhabi Investment Authority (ADIA), are investing...
Major Banks Cut Savings Interest Rates Following RBI Repo Rate Reduction
Several major banks in India have recently cut their savings account interest rates by 25 basis points (0.25%) following the Reserve Bank of India’s...
SBI & HDFC Entered Into Top 100 Global Banks By Total Assets : S&P...
SBI and HDFC have been featured in recent rankings by S&P Global Market Intelligence. SBI and HDFC are the only Indian banks ranked among...
Discrepancy Of Rs 1979 Crore Reported In IndusInd Bank Derivatives Portfolio
IndusInd Bank's Managing Director & CEO Sumant Kathpalia told ET Now that the bank noted something off in its businesses around September-October 2024. Bank...
Bankers says, RBI New PCE Guidelines Could Shake Things up, Especially Infrastructure Projects
The Reserve Bank of India (RBI) has released new draft guidelines on PCE. New rules make it easier and cheaper, especially in infrastructure, to...
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...
