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India-Pakistan Tensions Rise; Finance Minister Meets with Financial Sector Heads

On 9th May, 2025 Finance Minister Nirmala Sitharaman held a meeting to review the cybersecurity readiness of banks and financial institutions. The goal is to make sure that these institutions have strong...

SMBC (Japanese Financial Giant) in Advanced Discussions to Acquire Significant Stake in Yes Bank.

Japanese financial giant Sumitomo Mitsui Banking Corp (SMBC) is in the final stages of discussions to acquire a major stake in Yes Bank. The acquisition, if finalized, could lead to an open...

Bank of Baroda 2025 Recruitment: Apply for 500 Office Assistant (Peon) Vacancies

Total Vacancies 500 posts available for Office Assistant (Peon) Important Dates Online registration of application starts - 3 May, 2025 Last date to apply online - May 23, 2025 Online fee payment deadline - May 23, 2025 Eligibility...

‘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 —...