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One State One RRB To Be Implemented Soon

The Finance Ministry is ready to implement "One State-One RRB" in which 15 Regional Rural Banks (RRBs) operating in various states will be merged. The government is planning to merge 43 RRBs...

Cent eeZ – A New Futuristic Mobile App from Central Bank of India

Central Bank of India launched a new mobile enhanced and futuristic app Cent eeZ for Android and Apple phone users. This will be the replacement of their previous mobile app Cent Mobile....

IDBI Recruitment 2025, Total 119 vacancies

IDBI has released the notification for the 2025 recruitment for various posts in different departments. The bank has announced total 119 vacancies for experienced professionals in banking sectors. Candidates can apply through...

United Forum of Bank Unions Wrote Maharashtra CM Seeking Security of Bankers

The United Forum of Bank Unions (UFBU) wrote a letter to Maharashtra CM Devendra Fadnavis to ensure the security of banking officials after some MNS activists visited different branches across the state,...

Bankers asked RBI To Make SORR As Overnight Benchmark

Bank officials have asked RBI to use the Secured Overnight Rupee Rate (SORR) as the main rate for overnight transactions. Currently, banks are using the Weighted Average Call Rate (WACR) as overnight...

Ex-World Bank Economist Poonam Gupta, Appointed as New RBI Deputy Governor

On April 2, 2025 RBI appointed Dr Poonam Gupta as the new RBI Deputy Governor (DG) for three years from the date of joining. She is the first woman to hold this...

Executives Urge RBI To Lower CRR To Ease Banking System Liquidity

A pre-policy review consultation meeting was held on March 31, 2025, in Mumbai with bank treasury officials and asset managers. In the meeting executives asked RBI officials to lower the Cash Reserve...

IBPS Clerk Mains, PO And SO Final Result 2025 Released

On April 1, 2025 results for various posts is declared by Institute of Banking and Personnel Selection (IBPS) along with scorecard and cut off marks. The exam was conducted in October 2024...

Yes Bank Faces A Tax Demand Notice of Rs 2209 Crore

Yes Bank confirmed that it has received a demand notice from Income Tax Department for the assessment year 2019-2020. The Income tax department reopened this assessment in April 2023, and on March...

China Banks To Raise 520 Billion To Boost Financial Strength

State banks of China are raising massive funds up upto Rs 520 billion yuan to boost the financial strength of the country. The Chinese government wants to have strong financial stability to...