The Reserve Bank of India has granted scheduled bank status to four urban co-operative banks — Varachha Co-operative Bank, Prime Co-operative Bank, Contai Co-operative Bank […]
Tag: banking news
RBI approves budget for FY 2025-26, signals shift in monetary policy
The Reserve Bank of India’s (RBI) central board has sanctioned the budget for the financial year 2025-26, setting the course for the institution’s key priorities […]
RBL Bank bolsters leadership team with new appointments to drive retail growth and operational efficiency
In a strategic leadership reshuffle, RBL Bank has announced the appointment of Narendra Agrawal as President and Head of Branch Banking and Retail Liabilities, and […]
Navi Group makes two new appointments to focus on long-term growth
Navi group has recently appointed Rajiv Naresh as the new CEO of Navi Technologies and Abhishek Dwivedi as the CEO of Navi Finserv. The appointment […]
RBI approves Tata Communications’ exit from ATM business with Rs 330 crore sale to Findi’s TSI
The Reserve Bank of India (RBI) has granted approval for Tata Communications to divest its entire stake in Tata Communications Payment Solutions to Transaction Solutions […]
RBI approves merger of National Co-operative Bank with Cosmos Co-operative Bank
The Reserve Bank of India (RBI) recently announced the approval of the voluntary merger of The National Co-operative Bank, Bangalore, Karnataka, with Cosmos Co-operative Bank, […]
RBL Bank’s board approves reappointment of R Subramaniakumar as MD and CEO for three more years
RBL Bank’s Board of Directors recently has approved the reappointment of R Subramaniakumar as the Managing Director and Chief Executive Officer (MD & CEO) for […]
RBI slashes CRR by 50 basis points to boost liquidity and credit growth
The Reserve Bank of India (RBI) has announced a phased reduction in the Cash Reserve Ratio (CRR) by 50 basis points, bringing it down to […]
DBS Bank expands wealth offerings for HNIs and NRIs with new Bengaluru branch
DBS Bank has launched a wealth management proposition tailored for High Net Worth Individuals (HNIs) and Non-Resident Indians (NRIs) in India, leveraging its Asian network […]
Indian Bank recommends Binod Kumar as the new MD and CEO
The Financial Services Institutions Bureau (FSIB) has recommended Binod Kumar, the Executive Director (ED) of Punjab National Bank, for the role of Managing Director (MD) […]