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With Inflation Easing, Russian Central Bank Reduces Rate by 200 Basis Points

The Russian central bank has cut its main interest rate by 2% ( 200 basis points), bringing it down to 18%. This move was expected by many economists and is meant to...

Yes Bank Legal Head Resigns as ₹3,000 Crore Loan Misuse Case Unfolds

Sanjay Nambiar, who worked as the top legal officer (general counsel) at Yes Bank for almost 15 years has resigned. Currently he will be on gardening leave (a period where an employee...

Anil Ambani Group, Yes Bank Face ED Raids Over ₹3,000 Cr Loan Fraud

Today on July 24, 2025, the Enforcement Directorate (ED) carried out raids at more than 35 locations and more than 50 companies in Mumbai and Delhi. Over 25 people have been questioned...

IndusInd Bank Board Approves ₹30,000 Crore Fundraising Plan, via Equity and Debt

IndusInd Bank, a private sector bank, announced on Wednesday to raise up to ₹30,000 crore. This will be done in two parts: ₹10,000 crore will be raised by issuing shares or other...

EXIM Bank, Bank of Huzhou, and May International Sign Tripartite Agreement

EXIM Bank of Bangladesh, Bank of Huzhou from China, and May International Trade Services Ltd. have signed an important agreement to team up and work more closely on global finance and trade. This...

Banks Collaborate with Udupi Police to Strengthen Cybercrime Prevention Efforts

Over 88 cyber crime cases have been reported in Udupi District, with a total fraud amount of ₹8 crore. Police are making their efforts stronger and more effective in stopping or reducing...

Bajaj Finance MD Anup Kumar Saha Resigns, Likely Contender for IndusInd Bank CEO Post

Anup Kumar Saha, the Managing Director of Bajaj Finance has resigned just four months after taking charge. The company said on Monday that he stepped down because of "personal reasons" but there...

Odisha Grameen Bank in Jharsuguda Robbed by Three Armed Dacoits

Around 1:40 PM on Monday, three armed dacoits looted the Odisha Grameen Bank branch at Bhikampali in Lakhanpur block of Jharsuguda district. They fled with approximately ₹50,000 in cash, though the exact...

Indian Bank Apprentice Recruitment 2025: Official Notification Released

Indian Bank has released its official notification for the recruitment of Apprentice on its official website. This recruitment drive is for 1500 posts. This is a great opportunity for candidates looking to build...

Chanda Kochhar Found Guilty by Appellate Tribunal in Videocon Loan Case

Chanda Kochhar former CEO and MD of ICICI Bank is found guilty by a special court (called an appellate tribunal) for accepting bribe of ₹64 crore from the Videocon Group in return...