Government May Shelve IDBI Bank Privatisation After Low Financial Bids from Buyers
The Central Government wanted to privatise IDBI Bank, which means selling its ownership to private investors. The plan was to complete this process in...
Odisha CM Majhi Directs RDC Inquiry Following Incident of Man Taking Sister’s Remains to...
Mohan Charan Majhi, the Chief Minister of Odisha, has ordered an investigation into the Keonjhar incident where a man, Jitu Munda, faced trouble withdrawing...
RBI Proposes New Rules to Prevent Mis-selling of Financial Products by Banks
The Reserve Bank of India (RBI) has proposed new rules to stop banks from mis-selling financial products like insurance and mutual funds. Mis-selling means...
Government of Madhya Pradesh Revokes Five-Year Ban on Bank of Baroda After Bank’s Representation
The Government of Madhya Pradesh initially banned Bank of Baroda from handling any government-related work for a period of five years. But within just...
AIBOA Opposes IDBI Bank Disinvestment, Presses Government to Withdraw Stake Sale Plan
The All-India Bank Officers’ Association (AIBOA) has asked Finance Minister Nirmala Sitharaman to stop the government’s plan to sell its stake in IDBI Bank.
AIBOA...
Delhi High Court Rejects State Bank of India Review Plea, Brings 32-Year-Old Case to...
The Delhi High Court dismissed a review petition filed by State Bank of India (SBI).This decision effectively ends a long legal dispute that lasted...
Union Budget 2026: Banking and Financial Reforms Planned to Support Viksit Bharat
Union Finance Minister Nirmala Sitharaman said the government is taking steps to make India’s financial system stronger. A senior committee will be formed to...
Union Bank of India Plans ₹20,000 Crore Fundraising via Infrastructure Bonds
Union Bank of India (a government-owned bank) wants to collect money from investors. The bank wants to raise ₹20,000 crore. It will do this...
Central Bank of India Organises Corporate and Exporters’ Meet in Hyderabad to Boost Financial...
Central Bank of India held meetings in Hyderabad with big business customers and exporters to build stronger relationships and understand their financial needs better.
During...
Govt Orders Banks to Release PLI Despite CLC Advice
Recent reports indicate the Indian government, through the Department of Financial Services (DFS), has directed public sector banks (PSBs) to proceed with crediting Performance...
