Kotak Mahindra Bank has announced its audited standalone and consolidated financial results for the quarter and financial year ending on 31st March, 2025, showcasing a […]
Category: BFSI
Govt of India merges 26 RRBs across 11 states and UTs
The Government of India has officially implemented the amalgamation of 26 Regional Rural Banks (RRBs) across 11 states and Union Territories. This marks the fourth […]
RBI to onboard UCBs onto ULI for faster digital loans
The Reserve Bank of India (RBI) has been planning to onboard select Urban Cooperative Banks (UCBs) onto its innovative Unified Lending Interface (ULI). Similar to […]
RBI makes PRAVAAH portal mandatory for regulatory applications
The Reserve Bank of India (RBI) has announced that, starting 1st May, 2025, the use of the PRAVAAH portal will be mandatory for all regulatory […]
Patanjali’s Tech Arm debuts in banking sector with AI-driven ERP platform
Bharuwa Solutions, the tech-based arm of Patanjali Group, has introduced an AI-driven, multilingual ERP platform for cooperative and regional banks, marking its entry into India’s […]
Punjab & Sind Bank reports 125 per cent jump in Q4 net profit
Punjab & Sind Bank has announced a significant improvement in its financial performance for the quarter and financial year ending 31st March, 2025. The bank’s […]
IDBI Bank registers robust growth with Rs 7,515 crore profit in FY 2025
IDBI Bank has published its highest-ever net profit of Rs 7,515 crore for the financial year ending 31st March, 2025, reflecting a robust 33 per […]
Capital India Finance gets listed on NSE
Capital India Finance has marked a significant milestone by listing its equity shares on India’s National Stock Exchange (NSE). This strategic development reflects the company’s commitment […]
Tier-III UCBs Outshine in Deposits, Advances and Total Assets
Tier-III Urban Cooperative Banks (UCBs) have emerged as the strongest performers in terms of financial indicators such as deposits, advances, and total assets, as of […]
RBI mandates use of new secure domain to combat digital banking scams
The Reserve Bank of India (RBI) has recently issued a directive mandating all Indian banks to transition their net banking services to the exclusive ‘.bank.in’ […]