Government to Hold Two-Day ‘Manthan’ Meeting with PSBs on Sept 12–13, Plans Future Roadmap for PSBs

Government to Hold Two-Day ‘Manthan’ Meeting with PSBs on Sept 12–13, Plans Future Roadmap...

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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...
S&P Assigns 'BBB-' Rating to Bank of Maharashtra, Citing Strong Financials and Stable Outlook

Bank of Maharashtra Shows Strong Financial Performance in (Q2 FY26: July–September 2025)

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Bank of Maharashtra is a government-owned bank (Govt. holds 79.60% as of Sept 2025) offering all kinds of banking services—corporate, retail, treasury, etc. The...
RBI’s new measures to improve liquidity in the banking system

Shirish Chandra Murmu Appointed As New RBI Deputy Governor

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According to a report by Reuters, The government has chosen Shirish Chandra Murmu to be the Deputy Governor of the Reserve Bank of India...

MTNL FAILS To PAY RS 35.15 CRORE INTEREST TO UNION BANK OF INDIA

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Loss-making state-owned telecom firm MTNL has defaulted on an interest payment of Rs 35.15 crore to Union Bank of India, which was due to...

India gets 4th set of swiss bank account details under the agreed framework

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As part of the annual automated information exchange, under which Switzerland has exchanged information with 101 countries about roughly 34 lakh financial accounts, India...

Digital currency to bring down time, cost for cross-border transactions:RB’s Sankar

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Based on a report released by the Bank for International Settlements, a digital currency backed by a central bank would reduce the time and...
Canara Bank Plans to Hire People Proficient in Local Languages, Says MD & CEO

Canara Bank Plans to Hire People Proficient in Local Languages, Says MD & CEO

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Canara Bank Managing Director and CEO, K Satyanarayana Raju, in a telephonic interview with Anupreksha Jain of Business Standard, said that the bank plans...

Quoting PAN and Aadhaar mandatory for deposit or withdrawal of 20 lakhs or more

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In a recent notification, the Government of India has made it mandatory to quote PAN cards or Aadhar Card for transactions equal to or...
IndusInd Bank Appointed Viral Damania as the New Chief Financial Officer (CFO).

IndusInd Bank Appointed Viral Damania as the New Chief Financial Officer (CFO).

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The bank has appointed Viral Damania as its new CFO, starting September 22, 2025. He replaces the temporary finance head, Santosh Kumar, who will...

Agreement to Investigate eVinciTM Microreactor Deployment is Signed by Westinghouse and ENEC

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The Emirates Nuclear Energy Corporation (ENEC) and Westinghouse Electric Company have signed a Memorandum of Understanding (MoU) to explore the deployment of the eVinciTM...