RBI’s monetary policy committee chose to maintain the repo rate at 6.5%
The Reserve Bank of India chose to maintain the policy repo rate at 6.5%, in the face of persistent inflation.…
06 APR 2023
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Reserve Bank of India names Neeraj Nigam as Executive Director
The Reserve Bank of India (RBI) has appointed Neeraj Nigam as Executive Director, effective immediately, according to a press release…
03 APR 2023
Bandhan Bank added 50 new branches to its existing network
Bandhan Bank added 50 new branches to its existing network of over 1350 branches across the country, announced the bank…
01 APR 2023
Aditya Birla Health Insurance signed bancassurance agreement with UCO Bank
Aditya Birla Health Insurance Co Ltd (ABHICL), Aditya Birla Capital Ltd.’s (ABCL) health insurance joint venture, announced a bancassurance collaboration…
31 MAR 2023
Indian-Origin Ajay Banga set to lead World Bank chief unopposed
Ajay Banga, an Indian-American business mogul, is set to become the next President of the World Bank, announced on Thursday…
31 MAR 2023
Kotak Investment Advisors raised $1.25 billion for its second special situations fund
A subsidiary of Kotak Mahindra Bank has raised $1.25 billion for its second special situations fund, today. The funds would…
28 MAR 2023
HDFC approved issuance of NCDs worth Rs 57,000 cr ahead of its merger with HDFC Bank
The board of Housing Development Finance Corp Ltd approved the issue of redeemable non-convertible debentures worth Rs 57,000 crore in…
28 MAR 2023
SEBI mandates KYC for E-wallets used to invest in Mutual Funds
SEBI has advised fund companies to ensure that mutual fund transactions are completed using KYC-compliant e-wallets. This will become effective…
27 MAR 2023
Former Brazilian President Dilma Rousseff appointed as new President of BRICS Bank
Former Brazilian President Dilma Vana Rousseff elected as new President of The New Development Bank (NDB), succeeding Marcus Troyjo. The…
27 MAR 2023
Axis Bank launches ‘MicroPay’ based on ‘Pin on Mobile’ technology for digital payments
The first pocket-sized swipe reader in India based on “Pin on Mobile” technology was introduced by private sector lender Axis…
24 MAR 2023
