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‘One State One RRB’ Policy Comes Into Effect From Today

New banking reform i.e. ‘One State, One RRB’ policy officially enforced on on May 1, 2025. Total 26 RRBs merged in 11 states and 1 Union Territory. Total RRBs reduced from 43...

Union Bank Recruitment 2025-26: Apply for 500 Assistant Manager Positions – Eligibility, Dates, and Application Guide

Union Bank of India (UBI) has unveiled a golden opportunity for aspiring professionals with its latest recruitment drive for 500 Assistant Manager roles under the 2025-26 Specialist Officers Project . Whether you’re...

After Arun Khurana, Deputy CEO Resignation, IndusInd Bank CEO Sumant Kathpalia Resigns

Sumant Kathpalia, CEO and Managing Director of IndusInd Bank, resigned at the end of the workday on April 29, 2025. He worked as a Chief Executive Officer, of IndusInd Bank for a...

Arun Khurana, Deputy CEO of IndusInd Bank Resigned on Monday

On April 28, 2025 Arun Khurana, Deputy CEO and Whole-Time Director of IndusInd Bank, resigned from the post. His resignation comes after a discrepancy of Rs 1979 crore reported In IndusInd Bank...

India Lifted 170 Million People Out of Poverty in 10 Years, Says World Bank

World Bank report says that India's poverty significantly dropped in just between 2011-12 and 2022-23. Report says that the country lifted approximately 170 million people out of poverty. In rural areas a...

World Bank Lowered India’s Growth Prediction for 2025-26 to 6.3%.

The World Bank revised India’s expected economic growth for 2025-26 from 6.7% to 6.3% which is 0.4% (or 40 basis points) lower than their earlier prediction. The International Monetary Fund (IMF) did...

Jammu & Kashmir Bank Stock Price Dropped By 8.6% After Terror Attack

On 23 April 2025, Jammu & Kashmir stock price fell by 8.6% and were trading at Rs 103.78 each on the Bombay Stock Exchange (BSE). By mid-morning trading volume was high —...

HDFC Bank Hits A Milestone, With Its Market Value Crossing ₹15 trillion For The First Time

HDFC became the third Indian Company after crossing the ₹15-trillion market capitalisation mark for the first time on Tuesday. In last six trading days, the bank's stock price has gone up by...

RBI Permits Minors Above 10 Years To Open And Operate Bank Account Independently

On April 21, RBI announced new rules for bank accounts for minors. According to the news agency PTI report, children aged 10 years or older can now open and operate their own...

MTNL Defaults on ₹8,300 Crore Debt Owed to Multiple Lenders

MTNL (Mahanagar Telephone Nigam Limited), the state run telecom company has failed to repay loans to multiple banks. These loan defaults happened between August 12, 2024 to February 3, 2025. The defaulted...