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Government May Sell Up to 20% Stake in 5 PSU Banks

Government's Plan for PSU Bank Stake Sale - The Indian government plans to sell up to 20% of its stake in five public sector banks (PSBs) over the next four years to...

AU Small Finance Bank hit their 52-week lows in intraday trade

On Wednesday, February 19, 2025, several stocks hit their 52-week lows in intraday trade on the BSE. AU Small Finance Bank experienced a notable increase and saw a rise of 3.21% on...

Karnataka Bank Introduces Two New Products to Celebrate Founders’ Day

In a significant move to honor its legacy and commitment to customer-centric innovation, Karnataka Bank has launched two new financial products as part of its Founders’ Day celebrations. The bank, which has...

Boubyan Bank in Kuwait has adopted Intellect’s digital banking platform

Boubyan Bank in Kuwait has completed the second phase of implementing Intellect Design Arena’s eMACH.ai Digital Transaction Banking solution. Here’s what the new platform brings: Automated Cash Management: The platform helps the bank...

SBI Mutual Fund Introduces New SIP Scheme, ‘JanNivesh’

SIP scheme, 'JanNivesh' – "Jan Jan Ka Nivesh" is a new investment plan designed to cater to first-time investors, small savers, and people from rural, semi-urban, and urban areas. SEBI Chief, Madhavi...

Former GM of New India Co-operative Bank Accused of ₹122 Crore Fraud

Mumbai Police have accused Hitesh Pravinchand Mehta, the former General Manager of New India Co-operative Bank Limited, of embezzling ₹122 crore from the bank. The alleged fraud has raised significant concerns about...

Federal Bank Robbery in Kerala: Staff Held Hostage in Daring Cash Heist

In a shocking incident that has left the local community in disbelief, a Federal Bank branch in Kerala was targeted by robbers in a brazen daylight heist. The robbery, which unfolded in...

RBI Imposes Restrictions on New India Co-operative Bank: Customers Left in Distress

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...

SIDBI Recruitment 2025: Apply for Junior Level Officer, Analyst, Fund of Funds, and Operations Positions

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...

SBI Recruitment 2025: Apply for Deputy CTO Vacancy with a Salary of Up to ₹1.5 Crores

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...