Latest Stories

Paytm Launches ‘Total Balance Check’ Feature for UPI-Linked Bank Accounts

India's leading digital payments platform, Paytm has launched a new feature called Total Balance Check is made to help people manage their money more easily, especially if they use multiple bank accounts...

Japanese Banks and Firms Begin Evacuations from Middle East Amid Iran Tensions

Japan’s largest banks are among the first global companies to evacuate staff from Dubai and other key financial centers in the Middle East, following recent U.S. airstrikes on Iran that have heightened...

SBI CBO Recruitment 2025: Official Notification Released

SBI has released its official notification for the recruitment of Circle Based Officers (CBO) on its official website. This recruitment drive is for 2600 posts. A CBO is an experienced banker hired to work...

Reliance Infra’s Subsidiary JRTR Clears ₹273 Crore Debt to Yes Bank

Reliance Infrastructure, a company owned by Anil Ambani, announced that one of its fully-owned subsidiary, JR Toll Road Pvt Ltd (JRTR), has completely repaid a loan of which includes both the original...

Orissa Government De-Empanels HDFC, ICICI and Axis Bank Over Poor Performance

On June 21, the Orissa government removed three private banks HDFC Bank, ICICI Bank, and Axis Bank from its list of empanelled banks over poor performance in government schemes and general banking...

RBI Plans New Intelligence Platform (DPIP) to Strengthen Digital Payment Security

The Reserve Bank of India (RBI), and the country’s biggest public and private banks are working together  to create a smart system called the Digital Payment Intelligence Platform (DPIP). This new system...

Did You Know? Chanda Kochhar Once Suggested an HDFC–ICICI Merger, Says Deepak Parekh”

HDFC Ltd was India’s first big housing finance company, started in 1977. Interestingly, ICICI (which later became ICICI Bank) helped set up HDFC in the beginning. Years ago, before the merger of...

Despite Climate Warnings, Big Banks, Including SBI, Poured $869 Billion into Fossil Fuels in 2024

Climate experts recorded 2024 as the hottest year ever, highlighting the need for immediate Climate Action. Still in 2024, the world’s 65 largest banks gave $869 billion to companies that work with...

HDFC Bank’s Subsidiary, HDB Financial Services, Announces IPO Launch on June 25

HDB Financial Services, which is owned by HDFC Bank, is launching its Initial Public Offering (IPO) on June 25, 2025. This IPO is expected to be the largest ever in India’s non-banking...

Indian Funds in Swiss Banks Surge to ₹37,600 Crore, More Than Tripling in a Year

In 2024, Indians put about 3.5 billion Swiss francs (around ₹37,600 crore) into Swiss banks. This is the highest amount since 2021 and more than three times the ₹11,200 crore deposited in...