Major Banks like Canara Bank and IDBI Bank Revise MCLR in March 2025
As of March 2025, several major banks, including HDFC Bank, Bank of Baroda, Punjab National Bank (PNB), Canara Bank, and IDBI Bank, have revised...
State Bank of India Faces UPI Outage, Affecting Other UPI Services
Today on 11th March State Bank of India (SBI) faced technical issues with its UPI services, causing problems for customers across India. Users were...
India to Object to Pakistan Buying Shares in BRICS Bank
A Business Standard report said on Monday that India plans to block Pakistan’s stake purchase in BRICS New Development Bank. Pakistan is trying to...
India Post Payments Bank (IPPB) IPO Could Launch by March 2026
India Post Bank will go public soon. India Post Payments Bank (IPPB) plans to launch its IPO by next year. Meanwhile, discussions are being...
RBI approved the re-appointment of Sumant Kathpalia as MD & CEO of IndusInd Bank.
IndusInd Bank announced that the Reserve Bank of India (RBI) has approved the reappointment of Sumant Kathpalia as Managing Director and CEO for one...
Bank of Baroda Introduces Global Women NRE & NRO Savings Account
Bank of Baroda becomes the first public sector bank in India to introduce a new savings account specifically for women NRIs. Beena Vaheed, the...
RBI plans to ask banks to follow stricter rules for gold loans
Gold loans in India have been growing rapidly, increasing by 50% since September 2024, which is faster than the growth of overall loans. As...
HDFC Bank Launches Project HAKK (Hawai Anubhavi Kalyan Kendra) to assist IAF Veterans
HDFC Bank signed an agreement (MoU) with the Indian Air Force through the office of the Assistant Chief of Air Staff – Accounts &...
RBI’s new measures to improve liquidity in the banking system
The Reserve Bank of India (RBI) has announced new steps to ease the tight liquidity (cash) situation in banks. It will carry out OMO...
RBI appoints Dr Ajit Ratnakar Joshi as new Executive
The Reserve Bank of India (RBI) announced on March 5, 2025, that Dr. Ajit Ratnakar Joshi has been appointed as its new Executive Director...