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No More Waiting: RBI Implements Same-Day Clearance Starting October 4

From October 4, 2025, cheques you deposit in banks like HDFC Bank, ICICI Bank and other Indian Banks will be cleared (processed) on the same day, usually within a few hours, instead...

RBI Maintains Rates at 5.5%; Jefferies Bets on HDFC, Axis Bank, ICICI & SBI

The Reserve Bank of India (RBI) has decided not to change interest rates, keeping them steady at 5.5%. The RBI uses the repo rate (the rate at which banks borrow from the...

Central Bank of India Recruitment Notification for 2025 Released – Submit Applications Through Offline Method

The Central Bank of India has issued an official announcement regarding the hiring of 06 Attender, Office Assistant, and additional positions. Candidates who are both interested and qualified may submit their applications...

ACC Approves Asheesh Pandey as MD & CEO of Union Bank of India

The Appointments Committee of the Cabinet (ACC) officially approved the appointment of  Asheesh Pandey as MD & CEO of Union Bank of India. Before this role, Asheesh Pandey was an Executive Director...

ACC Approves Kalyan Kumar as MD & CEO of Central Bank of India

The Appointments Committee of the Cabinet (ACC) officially approved the appointment of  Kalyan Kumar as MD & CEO of Central Bank of India on September 29, 2025. He officially took charge on...

Shirish Chandra Murmu Appointed As New RBI Deputy Governor

According to a report by Reuters, The government has chosen Shirish Chandra Murmu to be the Deputy Governor of the Reserve Bank of India (RBI).He will start his new job on October...

HDFC Bank Hit by DFSA Sanctions in Dubai, No New Clients Allowed at DIFC Branch

HDFC Bank's DIFC branch (located in the Dubai International Financial Centre) has been restricted by the Dubai Financial Services Authority (DFSA). DFSA took this action due to concerns about HDFC Bank’s client...

Priscilla Muthoora Thakoor Appointed as First Female Governor of the Bank of Mauritius

On 25 September 2025, Dr Priscilla Muthoora Thakoor was appointed Governor of the Bank of Mauritius, for a three‑year term from 29 September 2025. She is the first woman ever to hold...

S&P Assigns ‘BBB-‘ Rating to Bank of Maharashtra, Citing Strong Financials and Stable Outlook

Bank of Maharashtra (a government-owned bank in India) has received an international credit rating of 'BBB-' with a Stable outlook from S&P Global Ratings, a well-known global rating agency. This is a positive...

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 them partially to fund its solar and hybrid...