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HDFC Bank Schedules July 19 Board Meet, To Consider Bonus Shares And Interim Dividend For Shareholders

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,...

SMFG Plans $1.1 Billion Investment in Yes Bank, Boosting Stake Further

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...

SIDBI Grade ‘A’ and Grade ‘B’ Officers Recruitment: Official Notification Released

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 For Three Months

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...

E-Auction Trap? Bengaluru DCP Buys Flat in E-Auction, Faces Claim from Another Bank

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...

HDFC, Shriram Finance Fined by RBI for Rule Breach

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...

RBI Bank Grade A, B Recruitment 2025: Official Notification Released

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...

Venkatraman Venkateswaran, Appointed As New Executive Director Of Federal Bank

Federal Bank has appointed Venkatraman Venkateswaran as its new Executive Director.  He was previously the Group President and Chief Financial Officer (CFO) of the bank. He was promoted after Shalini Warrier, who...

European Shares Hit Highest Level in a Month , Strong Performance by Bank Stocks

On Wednesday, European stock markets went up to their highest level in four weeks as bank shares performed really well. The Stoxx Europe 600 (a major index of European shares) , climbed...

Woman Accused of Cheating South Indian Bank with Forged ITR and Fake Statements

The South Indian Bank branch manager in Valasaravakkam, Chennai, has filed a complaint with the Greater Chennai City Police Commissioner against a woman for using forged documents. The Bank Fraud Investigation Wing of...