In March 2025, Alberta sold €1.25 billion (about $1.4 billion) bond in Europe to raise money. Usually, Bank of America had always been a part of such deal but this is the...
The Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points, bringing it down from 6.25% to 6%. For the second time RBI has cut rates under Governor...
During an interview with ET Now Arunish Chawla, Secretary of the Department of Investment and Public Asset Management (DIPAM) shared the update about IDBI disinvestment. He said that the process of selling...
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...
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 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...
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,...
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...
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...
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...
