New Leadership at RBI: Sonali Sen Gupta Appointed as New Executive Director
Sonali Sen Gupta has been promoted to the position of Executive Director (ED) at the Reserve Bank of India (RBI), with her appointment becoming...
5 days Banking – No banking on Saturdays if notified
5 days Banking Updates
Key Highlights on the Proposed Banking Schedule Changes:
1. Upcoming Decision: By December 2023, over 1.5 million bank professionals might transition to...
SBI Approves ₹3,200 Crore Loan to KPI Green Energy, Boosting Green Infrastructure Push
KPI Green Energy, a renewable energy company, received loan approval (sanction) of ₹3,200 crore from State Bank of India (SBI). This money will help...
IndusInd Bank Board Approves ₹30,000 Crore Fundraising Plan, via Equity and Debt
IndusInd Bank, a private sector bank, announced on Wednesday to raise up to ₹30,000 crore. This will be done in two parts:
₹10,000 crore...
EASE Reforms Strengthen PSBs to Drive Viksit Bharat Vision : IBA CEO Atul Kumar...
According to Indian Banks’ Association (IBA) Chief Executive Atul Kumar Goel, The Enhanced Access & Service Excellence (EASE) reforms have significantly empowered public sector...
European Shares Hit Highest Level in a Month , Strong Performance by Bank Stocks
On Wednesday, European stock markets went up to their highest level in four weeks as bank shares performed really well. The Stoxx Europe 600...
Axis Bank Q2 FY26 Result: Net Profit Falls 26% YoY to ₹5,090 Crore
Axis Bank, one of India’s leading private sector banks Aannounced Q2 FY26 Financial Result. In the second quarter (Q2), Axis Bank made a profit...
Bank’s Nationwide Strike Confirmed on March24 & 25
The United Forum of Bank Unions (UFBU) has confirmed for a nationwide strike on March 24 & 25 after Indian Banks' Associations (IBA) failed...
ICICI Bank Lowers Minimum Balance Requirement from ₹50,000 to ₹15,000
On August 13, 2025, ICICI Bank changed its minimum balance rules for savings accounts. Previously for metro and big cities it was ₹50,000 but...
Big Change Ahead! From November 1, Banks to Allow Multiple Nominees for Accounts and...
Starting November 1, 2025, new rules under the Banking Laws Amendment Act, 2025 will take effect. From now bank customers in India will be...
