Search For "banking"
RBI discusses global, domestic economic situation, challenges at board mee
Updated : 3 months ago IST
"The Board approved the risk-based deposit insurance framework for banks and also reviewed the activities of select Central Office Departments and the draft Report on Trend and Progress of Banking in India, 2024-25," RBI said in a statement.
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Japan's MUFG Bank to invest Rs 39,618 crore in Sriram Finance for 20% sta
Updated : 3 months ago IST
Shriram Finance Limited (SFL) has entered into a definitive agreement with MUFG Bank Ltd., Japan's largest bank and a part of Mitsubishi UFJ Financial Group (MUFG), for an investment of Rs 39,618 crore, the company informed stock exchanges in a regulatory filing on Friday.
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Mahindra Finance's Dhan Samvaad Builds Financial and Digital Resilience Ac
Updated : 3 months ago IST
Mumbai (Maharashtra) [India], December 19: Mahindra Finance (Mahindra Finance), one of India's leading non-banking financial companies (NBFCs), in partnership with Impact Guru Foundation (IGF), has strengthened its flagship CSR initiative, Dhan Samvaad, to create meaningful change across com
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New logo unveiled for Regional Rural Banks to build unified brand identity
Updated : 3 months, 1 week ago IST
The Government of India has unveiled a new and common logo for Regional Rural Banks (RRBs). This step aims to create a single and unified brand identity for these banking institutions. According to a press release issued by the Ministry of Finance, this initiative marks a crucial move toward
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Vi subsidiary VITIL completes Rs 3,300 crore fundraise via issuance of NCD
Updated : 3 months, 1 week ago IST
The fundraise saw strong interest exceeding the NCD issuance, from a diversified group of marquee investors, including large Non-Banking Financial Companies (NBFCs), Foreign Portfolio Investors (FPIs) and Alternative Investment Funds (AIFs).
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RBI announces Rs 30,000 crore G-Sec underwriting auction, releases OMO pur
Updated : 3 months, 1 week ago IST
According to the RBI, the Government of India has notified the sale (re-issue) of two Government Securities through an auction scheduled for Friday. The securities on offer include Rs 18,000 crore of 6.01 per cent Government Security maturing in 2030 and Rs 12,000 crore of 7.09 per cent G
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IDFC FIRST Private Banking and Hurun India Release Third Edition of India'
Updated : 3 months, 1 week ago IST
Mumbai (Maharashtra) [India], December 18: IDFC FIRST Private Banking and Hurun India launched the third edition of 'IDFC FIRST Private & Hurun India's Top 200 Self-made Entrepreneurs of the Millennia 2025', a list of the 200 most valuable companies in India founded after the year 2000. Thes
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HSBC India Expands its Presence in Madhya Pradesh, Opens New Branch in Ind
Updated : 3 months, 1 week ago IST
Indore (Madhya Pradesh) [India], December 17: HSBC India unveiled its new branch in Indore, Madhya Pradesh, marking a significant step in its strategic expansion across the country. This launch in Indore is the bank's 29th branch in India, following the Reserve Bank of India's approval ea
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Sarkari Pulse: A Trusted Platform for Government Jobs, Updates & Latest Ne
Updated : 3 months, 1 week ago IST
New Delhi [India], December 17: In India, many students dream of getting a government job because it offers job security, respect, and a stable future. Every year, lakhs of students prepare for exams like SSC, UPSC, Railway, Banking, Defence, and State Government jobs. But the biggest proble
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IDFC FIRST Bank introduces Unique "IDFC FIRST Global Savings' for NRIs in
Updated : 3 months, 1 week ago IST
Mumbai (Maharashtra) [India], December 17: IDFC FIRST Bank unveils its 'IDFC FIRST Global Savings Account in USD and Euro', designed exclusively for Non-Resident Indians (NRIs) through GIFT City, Gujarat. This offering is distinct from a domestic or NRI savings account and is specially desig
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Banks, NBFCs to remain key growth drivers as credit grows faster than broa
Updated : 3 months, 1 week ago IST
However, despite the steady growth, India's retail credit penetration remains far below global standards, the report said. Asset quality of the banking sector has dramatically improved in the recent past leading to a sharp drop in credit cost. The credit-to-GDP ratio, after peaking around th
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HDFC Bank gets RBI nod to raise holding in IndusInd Bank up to 9.5%
Updated : 3 months, 1 week ago IST
HDFC Bank has received approval from the Reserve Bank of India (RBI) to allow its group entities to collectively hold up to 9.50 per cent stake in IndusInd Bank, the bank informed the stock exchange in a filing.
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