Search For "financial sector"
RBI approves reappointment of C S Rajan as Kotak Mahindra Bank's part-time
Updated : 4 months, 2 weeks ago IST
The Reserve Bank of India (RBI) has approved the reappointment of C S Rajan as Part-Time Chairman of Kotak Mahindra Bank Limited for another term beginning January 1, 2026, until October 21, 2027. The announcement was made by Kotak Mahindra Bank in an official press release, marking a contin
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Markets close higher on strong bank earnings, easing US-China trade tensio
Updated : 4 months, 3 weeks ago IST
The Indian stock market on Monday ended in green territory after trading higher, driven by upbeat quarterly results from top lenders in the financial sector and a rebound in global risk appetite following signs of easing US-China trade tensions.
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RBI appoints Sonali Sen Gupta as new Executive Director
Updated : 5 months ago IST
The Reserve Bank of India (RBI) has appointed Sonali Sen Gupta as its new Executive Director (ED), with effect from October 9, 2025. The announcement was made through an official press release by the RBI.
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UST Expands Core Banking Capabilities with the Acquisition of Modus Inform
Updated : 5 months ago IST
Aliso Viejo (California) [US] / Bengaluru (Karnataka) [India], October 9: UST, a leading AI and technology transformation solutions company, has acquired Modus Information Systems Private Limited (Modus) in a strategic move that will strengthen UST's position in the financial sector. Based i
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SEBI chief Tuhin Kanta Pandey warns of quantum computing threats to digita
Updated : 5 months ago IST
Tuhin Kanta Pandey, Chairman of the Securities and Exchange Board of India (SEBI), on Wednesday highlighted the potential threats posed by quantum computing to current digital security systems.
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SMEs getting loans of up to Rs 5 cr within minutes; using online data to c
Updated : 5 months, 1 week ago IST
The digital transformation in India's financial sector is enabling faster and broader access to credit, particularly for small and medium enterprises (SMEs), stated State Bank of India (SBI) Chairman CS Shetty at the Global Fintech Fest 2025 on Wednesday.
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Markets rally on banking, IT gains; Sensex jumps 583 Points, Tata Capital
Updated : 5 months, 1 week ago IST
Indian stock markets ended strongly on Monday, driven by the strength in financial and banking sector stocks.
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Nirmala Sitharaman launches 'Aapki Punji, Aapka Adhikar' nationwide campa
Updated : 5 months, 1 week ago IST
Finance Minister Nirmala Sitharaman on Saturday launched here a three-month-long nationwide awareness campaign on unclaimed assets in the financial sector - 'Aapki Punji, Aapka Adhikar' (your money, your right).
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Experts see RBI MPC policy as growth-focused with inflation comfort
Updated : 5 months, 1 week ago IST
Reacting to the Monetary Policy Committee (MPC) decisions, financial sector experts noted that the overall tone of the policy appears to be growth-centric, with a slight tilt towards concerns over economic momentum, while expressing significant comfort on the inflation front.
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Public Sector Banks reset profitability path as RoA crosses 1%: Report
Updated : 5 months, 1 week ago IST
Public Sector Banks (PSBs) are entering a new phase of profitability as their return on assets (RoA) has crossed 1 per cent, supported by stronger balance sheets, better asset quality and steady credit growth, according to a recent Motilal Oswal report.
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Financial sector experts hail GST reforms as growth-positive, can offset s
Updated : 5 months, 1 week ago IST
The next-generation Goods and Services Tax (GST) reforms, announced after the GST Council meeting on Wednesday, have received strong praise from industry leaders and experts, who, in a united voice, asserted that such bold measures will strengthen economic growth, push investments, and ease
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Kerala State Financial Enterprises (KSFE) Becomes India's First MNBC to Cr
Updated : 6 months, 2 weeks ago IST
Thiruvananthapuram (Kerala) [India], August 26: In a landmark achievement for the financial sector in India, Kerala State Financial Enterprises (KSFE), a Kerala government owned financial institution, became the country's first Miscellaneous Non-Banking Company (MNBC) to achieve 1 lakh crore
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