The Reserve Bank of India (RBI) held a Variable Rate Reverse Repo (VRRR) auction to absorb extra money from the banking system. The auction was for ₹2 lakh crore. RBI asked banks...
Noida Police arrested two employees of Paytm Payments Bank for illegally releasing ₹30 lakh from bank accounts that that had been frozen due to suspected fraud.
What is the case?
Two employees of...
Global Finance magazine has announced the winners of its World’s Best Banks 2025 awards and for the first time State Bank of India (SBI) is named as the World’s Best Consumer Bank.
SBI...
HDFC Bank , India’s biggest private bank scheduled a board meeting on, July 19, 2025 and is planning to reward its shareholders through bonus shares and a special dividend. During this meeting,...
Japan’s second-largest bank Sumitomo Mitsui Financial Group (SMFG) is planning to invest another $1.1 billion in Yes Bank. SMFG had already invested $1.6 billion in Yes Bank in May 2025. Now, it’s...
Small Industries Development Bank of India (SIDBI), has released its official notification for the recruitment of SIDBI Grade ‘A’ and Grade ‘B’ Officers on its official website. This recruitment drive is for...
Karnataka Bank appointed Raghavendra Srinivas Bhat as MD and CEO as the interim Managing Director and CEO. The Board of Directors of Karnataka Bank held a meeting after the previous MD and...
Bank e-auctions are supposed to be transparent ways for banks to recover bad loans by selling mortgaged assets (like homes, land, or vehicles). They promise an opportunity for buyers to acquire properties...
On July 11, the Reserve Bank of India (RBI) fined two financial companies for not following some of its rules. HDFC Bank incurred a penalty of ₹4.88 lakh, while Shriram Finance Limited...
Reserve Bank Of India (RBI), has released its official notification for the recruitment of RBI Officer Grade A, B Post on its official website. This recruitment drive is for 28 posts.
This is a great...
