RBI’s latest guidelines on inoperative accounts and unclaimed deposits in banks
RBI has announced new rules to make it easier for people to reactivate old/inactive bank accounts or claim unclaimed money. RBI said that these...
RBI Plans New Intelligence Platform (DPIP) to Strengthen Digital Payment Security
The Reserve Bank of India (RBI), and the country’s biggest public and private banks are working together to create a smart system called the...
Bank of Baroda Q2 FY26 Result: Profit Down 8.2% to ₹4,809 Crore, Citing Marginal...
Bank of Baroda announced financial results for the July–September 2025 quarter (Q2 FY26) on October 31. Bank profits fell slightly because of lower margins,...
IDBI Bank Q2 FY26 Result: Reported a net loss of ₹444.8 crore
IndusInd Bank reported a net loss of ₹444.8 crore for the July–September quarter (Q2 FY26). This was a big miss—analysts expected a profit of...
Indian Overseas Bank Q2 FY26 Result: Net Profit Jumps 58% YoY to ₹1,266 crore!...
Indian Overseas Bank (IOB), a public sector bank in India, performed well with higher profits, better loan quality, and stronger margins. The bank made...
Karnataka Bank appointed Raghavendra Srinivas Bhat as MD and CEO For Three Months
Karnataka Bank appointed Raghavendra Srinivas Bhat as MD and CEO as the interim Managing Director and CEO. The Board of Directors of Karnataka Bank...
Growing Uncertainty Drives Wealthy Americans to Open Swiss Bank Accounts
Rich Americans are transferring large sums of money out of the country. This money is being transferred to countries like Switzerland, Jersey and Guernsey....
IDFC First Bank To Receive ₹7,500 Cr Investment from Global Investors Warburg Pincus &...
A big Investment for IDFC First Bank is coming in as two global investors, Warburg Pincus & Abu Dhabi Investment Authority (ADIA), are investing...
RBL Bank Announces Two Key Senior Leadership Appointments
RBL Bank recently made important leadership changes to help improve its operations. Here are the key points:
Narendra Agrawal is appointed as the President and...
Inauguration of SCSVMV’s FinTech Lab, Sponsored by Central Bank of India
Sri Chandrasekharendra Saraswathi Viswa Mahavidyalaya (SCSVMV) Deemed to be University inaugurated the Central Bank of India sponsored FinTech Lab on Wednesday, March 12, 2025.
Highlights...
