Latest Stories

Tax Cut Doesn’t Dent GST Growth: October 2025 GST Collections Hit ₹1.96 Lakh Crore

Starting September 22, the government reduced GST (Goods and Services Tax) rates on 375 items like kitchen staples, electronics, and automobiles. In September 2025, the government introduced GST 2.0. The tax structure was...

UPI Smashes Records with ₹17.8 Lakh Crore in Festive Season Payments

According to a report by Bank of Baroda, UPI has become the most popular way to make payments during the festive season, showing that people are spending more and that demand is...

Bandhan Bank Q2 FY26 Result: Reports Weak Financial Results, Profit fell about 70%

Bandhan Bank announced financial results for the July–September 2025 quarter (Q2 FY26). Bandhan Bank’s profits fell sharply because of more bad loans and lower income. Highlights of the Financial Results: Net profit fell...

Big Banks, Bigger Future: Government Plans Next Round of Mergers for PSU Banks

The Indian government is planning another round of public sector bank mergers to make the banking system stronger and more efficient. Which PSU Banks Are Set to Merge Next? Union Bank of India and...

RBI Returns Jana Small Finance Bank’s Universal Bank Application Over Eligibility Shortfall

Jana Small Finance Bank (Jana SFB) had applied to the Reserve Bank of India (RBI) to become a universal bank like larger banks such as HDFC Bank or ICICI Bank. However, the...

HDFC Bank Places Two Senior Executives on Gardening Leave Amid Internal Investigation

According to Bloomberg, HDFC Bank , India’s biggest private bank, is investigating two of its senior employees because some customers said the bank mis-sold risky Credit Suisse bonds (called AT1 bonds). The...

Sydbank, Arbejdernes Landsbank, and Vestjysk Bank Merge to Form AL Sydbank

Denmark has a well-developed banking sector that includes a mix of large nationwide banks, medium-sized regional banks, savings banks, and specialized institutions. Three Danish banks Sydbank, Arbejdernes Landsbank, and Vestjysk Bank have agreed...

SBI Sets Goal to Raise Women’s Workforce Representation to 30% in Five Years

SBI has over 2.4 lakh (240,000) employees, one of the largest in India and the biggest in the banking sector. And now SBI wants to increase the number of women employees to...

JK Bank Recruitment for Medical Consultants 2025 – Submit Online Applications for 02 Positions by November 02

The Jammu and Kashmir Bank (JK Bank) has issued a notification regarding the hiring of a Medical Consultants. Candidates who meet the eligibility requirements and are interested in the details of the...

Blackstone Bets Big: Ready to Invest ₹6,196.5 Crore in Federal Bank Through Warrants

Federal Bank is planning to raise money by issuing warrants (a type of financial instrument that can later be converted into shares) to Blackstone, a big global investment firm. The total value...