HDFC implements offline digital payments under sandbox of RBI
HDFC Bank has begun a pilot initiative to enable digital payments in the offline mode under a regulatory mechanism. According…
14 FEB 2023
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PNB and BOB hike lending rates by up to 25 basis
Leading public sector lenders, Punjab National Bank (PNB) and Bank of Baroda (BOB) have raised their lending rates by up…
10 FEB 2023
South Indian Bank introduces wealth management platform, SIB Wealth
South Indian Bank, in collaboration with Geojit Financial Services, announces the launch of a wealth management platform. SIB Wealth is…
09 FEB 2023
RBI raises repo rate by 25 basis points to 6.50 per cent
Shaktikanta Das, Governor of the Reserve Bank of India (RBI), announced that the monetary policy committee (MPC) raised the repo…
08 FEB 2023
YES BANK names Rajan Pental as Executive Director
YES BANK appointed Rajan Pental as executive director for a three-year term beginning February 2, 2023, on Friday. Rajan Pental…
04 FEB 2023
Bank of Baroda reports net profit of Rs 3,853 crore in Q3
Bank of Baroda (BOB) announced its highest-ever quarterly standalone net profit of 3,853 crore for the third quarter ending December…
03 FEB 2023
Karnataka Bank reports 16.68 per cent increase in total income in Q3 FY22
Karnataka Bank jumped 8.88 per cent to Rs 150.15 following a 105.14 per cent increase in net profit to Rs…
03 FEB 2023
IDFC Ltd to invest Rs 2,200 crore in IDFC First Bank
IDFC to invest Rs 2,200 crore in IDFC First Bank increasing its shareholding from 36.38 per cent to 40 per…
02 FEB 2023
The RBI names V Ramachandra to SIFL & SEFL Advisory Committees
V Ramachandra, former chief general manager of Canara Bank, was named by the Reserve Bank on Tuesday to the Advisory…
01 FEB 2023
Union Budget 2023: Finance Minister unveils ambitious plans for India’s growth
Union Finance Minister Nirmala Sitharaman is presenting the Modi government’s final full-fledged Union Budget before the 2024 Lok Sabha elections.…
01 FEB 2023
