The Reserve Bank of India (RBI) has placed stringent restrictions on Mumbai-based New India Co-operative Bank, effective February 13, 2025, following concerns over its financial stability and alleged mismanagement. The move has...
The Small Industries Development Bank of India (SIDBI) has launched its recruitment drive for 2025, providing exciting career opportunities for individuals aiming to work in the financial and development sectors. As a...
State Bank of India (SBI) has announced a new recruitment opportunity for the position of Deputy Chief Technology Officer (CTO). This is an excellent career opportunity for experienced professionals in the IT...
State Bank of India (SBI) has opened applications for the position of Internal Ombudsman, offering an exciting opportunity with a high annual salary of ₹51,00,000. The role is vital for overseeing the...
State Bank of India (SBI) has announced a recruitment drive for the position of Circle Defence Banking Advisor (CDBA) in Bengaluru. This is a great opportunity for individuals who have retired from...
The United Forum of Bank Unions (UFBU) has announced a two-day nationwide strike on March 24 and 25, 2025. The primary demands driving this action include the implementation of a five-day workweek...
Fixed Deposits (FDs) have long been a preferred investment option for risk-averse individuals seeking stable returns. However, the Tax Deducted at Source (TDS) rules on FDs have often been a point of...
The Indian government is on the brink of finalising one of its most significant financial reforms—the privatisation of IDBI Bank. Reports indicate that the process is expected to conclude by mid-2024, marking...
The Reserve Bank of India (RBI) has granted the Central Bank of India permission to enter the insurance sector in partnership with the Generali Group. The joint venture will involve two entities,...
It’s a safety check for cheques, especially big ones. If customer is writing a cheque above ₹50,000, banks recommend to use it. For cheques above ₹5 lakh, RBI has made it mandatory...
