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...
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...
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...
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 —...
HDFC became the third Indian Company after crossing the ₹15-trillion market capitalisation mark for the first time on Tuesday. In last six trading days, the bank's stock price has gone up by...
On April 21, RBI announced new rules for bank accounts for minors. According to the news agency PTI report, children aged 10 years or older can now open and operate their own...
MTNL (Mahanagar Telephone Nigam Limited), the state run telecom company has failed to repay loans to multiple banks. These loan defaults happened between August 12, 2024 to February 3, 2025. The defaulted...
IDBI Bank is against the government plan to privatize the bank and demands to recover public money from big defaulters. Employees believe that action against defaulters has been very slow. CBI, SFIO,...
IndusInd Bank has appointed Santosh Kumar as the new Deputy Chief Financial Officer (CFO). He replaced CFO Arun Khurana, who was holding the role along with his main job as Head of...
A big Investment for IDFC First Bank is coming in as two global investors, Warburg Pincus & Abu Dhabi Investment Authority (ADIA), are investing around Rs 7,500 Cr in the bank. The...
