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 to sell its full stake in Jio Payments Bank
On 04 March 2025, the Board of Jio Financial Services approved the acquisition of 7,90,80,000 equity shares of Jio Payments Bank (JPBL) from State...
HDFC Bank De-listed for Business Transactions by Punjab Government
The Punjab government has cut ties with HDFC Bank and has stopped doing any business transactions. This means no government department in Punjab is...
Yes Bank Introduces New GST Payment Facility to Boost Digital Banking Services
Yes Bank launched its Goods and Services Tax (GST) payment facility on Friday, March 14, 2025, enhancing its digital banking services. The service is...
HDFC Bank CHRO, Vinay Razdan Resigned, Effective June 18, 2025.
Vinay Razdan, the Chief Human Resource Officer (CHRO) of HDFC Bank, has resigned. His resignation is effective from the end of business hours on...
Bank of America Appoints Hari Gopalkrishnan as Chief Technology Officer
Hari Gopalkrishnan is appointed as a new Chief Technology Officer. He has worked at Bank of America since 2011. Before that, Hari held senior...
SBI Chairman CS Setty As the New Chairman of IBA
The managing committee of Indian Bank's Association (IBA) has elected CS Setty as the new Chairman. Setty wil serve IBA as the chairman until...
Bank Strike Cancelled after UFBU and CLC Meeting
United Forum of Bank Unions (UFBU) announced that a adjourned conciliation meeting took place today morning. UFBU said that the meeting was based on...
RBI announced Shri Indranil Bhattacharyya as a New Executive Director
Shri Indranil Bhattacharyya is appointed as a New Executive Director by RBI, starting March 19, 2025. Highlighted points of the announcement:
Role of Shri Indranil...
RBI Penalizes Bandhan Bank ₹44.7 Lakh for Rule Violations
The Reserve Bank of India (RBI) has fined Bandhan Bank ₹44.7 lakh because the bank did not fully follow certain rules and regulations.
RBI inspected...
