by newsworm | Feb 7, 2025 | Bandhan Bank, Banking, DCB Bank, RBI, State Bank of India
The Reserve Bank of India (RBI) has recently lowered the repo rate by 25 basis points, which is expected to lead to a decrease in interest rates offered by banks on fixed deposits (FDs). As a result, FD investors have a limited window to book their FDs at the current... by newsworm | Feb 7, 2025 | Axis bank, Banking, Indian Bank
International Finance Corporation (IFC), a member of the World Bank Group, is reportedly in talks to provide a loan of up to $500 million to India’s Axis Bank. The deal, if finalized, would be one of the largest foreign investments in an Indian bank in recent... by newsworm | Feb 7, 2025 | Banking, Canara Bank, RBI
The Bombay High Court has stayed an order by Canara Bank that classified industrialist Anil Ambani’s loan account related to Reliance Communications as “fraudulent”. The court noted that the bank’s action was in contravention of the Reserve... by newsworm | Feb 7, 2025 | Banking, dbs
A rare opportunity for car enthusiasts, a 2009 Aston Martin DBS Coupe with a 6-speed manual transmission and V12 engine is up for grabs on Cars & Bids. The car, with only one owner and 53,300 miles, features a unique combination of luxury, performance, and... by newsworm | Feb 7, 2025 | Banking, IDFC Bank
IDFC FIRST Bank has launched a range of specialized banking products and services tailored to meet the unique financial needs of senior citizens. The bank’s Senior Citizen Savings Account and Senior Citizen Fixed Deposits offer customized solutions to address... by newsworm | Feb 7, 2025 | Banking, Union Bank of India
Here is a summary of the content in 400 words: The Finance, Planning & Investment Department of Arunachal Pradesh has signed a Memorandum of Understanding (MoU) with the Union Bank of India (UBI), a leading public sector bank in India. The collaboration aims to... by newsworm | Feb 7, 2025 | Banking, Indian Bank, Indian Overseas Bank, RBI, Union Bank of India
Indian Overseas Bank (IOB) has taken a significant step towards sustainability by joining the Partnership for Carbon Accounting Financials (PCAF), a global initiative to measure and disclose greenhouse gas (GHG) emissions related to financing activities. By doing so,... by newsworm | Feb 7, 2025 | Banking, State Bank of India
Here is a summary of the SBI Q3 Results: State Bank of India (SBI) has reported a significant increase in its profits for the third quarter (Q3) of the current financial year. The bank’s net profit has jumped by 84% year-on-year (YoY) to ₹13,531 crore... by newsworm | Feb 7, 2025 | Banking, Central Bank of India
The Federal Reserve announced that it will be closing its Climate Scenario Analysis and Modeling Hub, a program established to help banks assess the risks posed by climate change and disclose their climate-related financial risks. The decision comes after the Fed... by newsworm | Feb 7, 2025 | Banking, IDBI Bank
The Industrial Development Bank of India (IDBI) has announced the release of the IDBI Executive ESO Final Result 2024. This result marks the culmination of a rigorous recruitment process for the post of Executive under the ESO (Executive- Sales and Operations)...