Search For "bank"
RBI proposes raising bank dividend payout cap to 75% of net profit
Updated : 2 months, 1 week ago IST
The Reserve Bank of India (RBI) proposes to raise the dividend payout cap for banks to 75 per cent of net profit from the earlier limit of 40 per cent.
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Firstsource recognized as a Leader in Banking Operations by Everest Group
Updated : 2 months, 1 week ago IST
Mumbai (Maharashtra) [India], January 7: Firstsource Solutions Limited (NSE: FSL) (BSE: 532809), a leading global provider of business process management services and an RP-Sanjiv Goenka Group company, has earned dual analyst recognitions for its Banking Operations capabilities - named a Lea
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RBI invites comments on draft rules for dividend payout by banks
Updated : 2 months, 1 week ago IST
The Reserve Bank of India (RBI) has invited public comments on the draft "Reserve Bank of India (Prudential Norms on Dividend and Remittance of Profit) Directions, 2026", proposing a revised framework for declaration of dividends and remittance of profits by banks.
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Earthquake of magnitude 4.5 strikes Tajikistan
Updated : 2 months, 1 week ago IST
An earthquake of magnitude 4.5 struck Tajikistan on Wednesday, as reported by the National Centre for Seismology (NCS).
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AWS, IDFC FIRST Bank, and Campus Fund Conclude Grand Challenge 2025, Celeb
Updated : 2 months, 1 week ago IST
Mumbai (Maharashtra) [India], January 6: AWS, IDFC FIRST Bank, and Campus Fund have successfully concluded Grand Challenge 2025, India's flagship national platform for student entrepreneurship. The Grand Finale was held in Mumbai on December 10, 2025, bringing together India's most promising
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IDFC FIRST Bank Launches Zero-Forex Diamond Reserve Credit Card
Updated : 2 months, 1 week ago IST
Mumbai (Maharashtra) [India], January 6: IDFC FIRST Bank today announced the launch of Zero-Forex Diamond Reserve Credit Card, a premium travel and lifestyle offering primarily for affluent global travellers who would like to get a proposition of Zero Forex Markup, travel lounges, accelerate
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US-Venezuela tensions unlikely to impact India's oil security: Report
Updated : 2 months, 1 week ago IST
The resurgence of geopolitical tensions between the United States and Venezuela is unlikely to pose any significant risk to India's oil security or trade position, according to a research note by Bank of Baroda.
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RBI has room for 50 bps rate cut in 2026 after 125 bps easing in 2025: Rep
Updated : 2 months, 1 week ago IST
The Reserve Bank of India still has room for a further 50 basis points (bps) cut in policy rates in 2026, following bumper rate cuts of 125 bps in 2025, according to a report by IIFL Capital.
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Global central banks gold buying likely to continue in 2026, but at slower
Updated : 2 months, 1 week ago IST
Gold as a reserve currency by global central banks may continue in 2026, the pace, however, may slow, driven by easing geopolitical risks, evolving monetary policy dynamics and potential shifts in the US dollar trajectory, according to a recent report by YES Bank Economics Research.
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Neworld Developers receives ICICI Bank approval for Northern Hills, reinfo
Updated : 2 months, 1 week ago IST
New Delhi [India], January 6: Neworld Developers has announced that ICICI Bank has granted project approval for its landmark development, Northern Hills, a nature-inspired gated residential community located in the North Goa Extension region near Mopa. The approval marks a key institutional
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Tighter risk framework strengthens India's banking operating environment:
Updated : 2 months, 1 week ago IST
Global credit rating agency Fitch Ratings on Tuesday said a tighter risk framework is helping in strengthening India's bank operating environment, reflecting improving systemic resilience and risk controls in the Indian banking sector.
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FSS becomes the first payments company in India, ME, APAC & SA to achieve
Updated : 2 months, 1 week ago IST
Mumbai (Maharashtra) [India], January 6: India: Financial Software and Systems (FSS) a global leader in payments technology and transaction processing, has become the first payments company in India, the Middle East, APAC and South Africa to be certified as an ISO IEC 42001 Certification Lea
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