DICGC to make payments in October to depositors of 17 co-op banks facing RBI...
The Deposit Insurance and Credit Guarantee Corporation (DICGC) will be making payments to the eligible depositors of 17 cooperative banks, including eight from Maharashtra,...
UK Autumn Finance Bill released with the goal of reducing taxes and boosting business
To enshrine a raft of landmark tax changes into law, the Autumn Finance Bill 2023 has been published today (Wednesday 29 November 2023) following...
ACC Approves Asheesh Pandey as MD & CEO of Union Bank of India
The Appointments Committee of the Cabinet (ACC) officially approved the appointment of Asheesh Pandey as MD & CEO of Union Bank of India. Before...
RBI penalises 8 co-operative banks for non-compliance with various norms
The Reserve Bank of India has imposed a penalty on Mehsana Urban Co-operative Bank for non-compliance with certain provisions of the Reserve Bank of...
Government Considers Increasing FDI Limits in Public Sector Banks to Boost Capital Inflows
A report said that the Indian government is thinking about letting more foreign investment into public sector banks (PSBs). Right now, foreign investors can...
Centre to Raise Over ₹1,900 Crore by Selling Up to 3% Stake in Indian...
The government owns a large part of Indian Overseas Bank. Now, it plans to sell up to 3% of its shares in the bank...
Banking Alert: SBI, HDFC & Kotak to Face Service Disruptions on Sept 21 Due...
Several large Indian banks including SBI, HDFC Bank, and Kotak Mahindra Bank have announced that they will carry out scheduled maintenance on September 21, 2025....
Rupee Falls past 80 Per Dollar For First Time, Recovers After RBI Intervenes
The Indian rupee total hit a record low for seventh straight session straight by falling to 80 per US dollar but went on to...
The Energy Transition Accelerator Framework is announced by the United States and its partners.
An innovative carbon finance platform designed to catalyze private capital to support ambitious just energy transition strategies in developing and emerging economies was presented...
RBI lifts an 11-month ban on the issue of new cards by MasterCard and...
The RBI has lifted the 11-month ban on the issue of new cards by MasterCard. It was initially proposed due to the compromised...