Tamilnad Mercantile Bank IPO opens on Monday, Other details and check latest GMP
The three-day initial public offering (IPO) of Tamilnad Mercantile Bank will open for public subscription next week on Monday, September 5, 2022 and conclude...
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...
Did You Know? Chanda Kochhar Once Suggested an HDFC–ICICI Merger, Says Deepak Parekh”
HDFC Ltd was India’s first big housing finance company, started in 1977. Interestingly, ICICI (which later became ICICI Bank) helped set up HDFC in...
Government Enables UPI Registration Without A Debit Card To Ensure Higher Penetration
The Government of India is very firm on increasing the penetration of the Unified Payments Interface (UPI) across the country.
Aligning with the same...
Union Bank of India organizes an outreach camp for small businesses in Hoskote
Union Bank of India held an outreach camp for Micro, Small, and Medium Enterprises (MSMEs) in Hoskote on Monday. The event aimed to promote...
Ujjivan Small Finance Bank Awaits RBI Decision on Universal Bank License by December
Ujjivan Small Finance Bank wants to upgrade to become a universal bank and applied for the license in February 2024, and are hoping the...
Government to Hold Two-Day ‘Manthan’ Meeting with PSBs on Sept 12–13, Plans Future Roadmap...
The Indian government is holding a special two-day meeting with public sector banks (PSBs) on September 12 and 13, called "Manthan". This is the...
Axis Bank Places Bid to Acquire 66.28% Stake in CreditAccess Grameen
Axis Bank is planning to buy CreditAccess Grameen, which is one of India’s largest microfinance companies. The main owner of the company, CreditAccess India...
RBI Sanctions Two Bank Mergers in Gujarat, Effective December 15, 2025
The Reserve Bank of India (RBI) has approved the merger of four cooperative banks in Gujarat. After these mergers, only two banks will remain....
United Forum of Bank Unions Wrote Maharashtra CM Seeking Security of Bankers
The United Forum of Bank Unions (UFBU) wrote a letter to Maharashtra CM Devendra Fadnavis to ensure the security of banking officials after some...