India Defies Global Trends, Sustains Strong Economic Growth: World Bank Report

World Bank Projects India’s Economy to Grow by Around 6.5% in FY 2026–27

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The World Bank expects India’s economy to grow at about 6.5% in FY 2026–27, slightly lower than the Indian government’s estimate of 7.4%. Despite...
Recycled Bank Papers Turn Into Chaat Plates: Triggered Alarming Data Privacy Concerns

Recycled Bank Papers Turn Into Chaat Plates: Triggered Alarming Data Privacy Concerns

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A man posted a photo online showing street food being served on a paper plate that appeared to be made from old bank documents....
GST Case: Fino Payments Bank Chief Rishi Gupta Arrested

GST Case: Fino Payments Bank Chief Rishi Gupta Arrested

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Fino Payments Bank’s Managing Director and CEO, Rishi Gupta, has been arrested on Friday under the CGST and SGST tax laws. The bank said...
RBI’s new measures to improve liquidity in the banking system

RBI Approves Merger of Ashok Leyland’s Subsidiary, Hinduja Leyland Finance, with NDL Ventures

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RBI approves to a merger between Hinduja Leyland Finance (HLF) and another company in the same group, called NDL Ventures. Both HLF and NDL...
Reserve Bank of India Cancels Paytm Payments Bank Licence Over Rule Violations

Reserve Bank of India Cancels Paytm Payments Bank Licence Over Rule Violations

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The Reserve Bank of India (RBI), which controls and supervises banks in India, has cancelled the licence of Paytm Payments Bank Limited. This means...
SMBC (Japanese Financial Giant) in Advanced Discussions to Acquire Significant Stake in Yes Bank.

SMBC (Japanese Financial Giant) in Advanced Discussions to Acquire Significant Stake in Yes Bank.

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Japanese financial giant Sumitomo Mitsui Banking Corp (SMBC) is in the final stages of discussions to acquire a major stake in Yes Bank. The...
Citigroup Senior Manager Alleges Sexual Harassment by Top Executive

“I Was Forced to Leave”: Citigroup Senior Manager Alleges Sexual Harassment by Top Executive

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Julia Carreon was a senior manager at Citigroup (Citi).She has filed a case (lawsuit) against the bank. She says that while working there, a...
AU Small Finance Bank Set to Grow Bigger with RBI’s Universal Bank Approval

AU Small Finance Bank Celebrates Independence Day with the Inauguration of 51 New Branches...

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AU Small Finance Bank, on the path to becoming a Universal Bank has announced it will open 51 new branches across India on August...
Two big banks, JPMorgan and MUFG to Finance $22B Texas Data Center Project

JPMorgan Appoints Jerry Lee as Global Chair of Investment Banking

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JPMorgan, one of the biggest bank in U.S.A appointed Jerry Lee as the Global Chair of Investment Banking which means he'll be helping lead...
United Forum of Bank Unions Slams Government Move to Allow Private Sector Executives in PSB Leadership Roles

United Forum of Bank Unions Slams Government Move to Allow Private Sector Executives in...

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The government has decided to allow candidates from private sector banks to apply for top leadership positions (like Managing Director or CEO) in public...