by newsworm | Jan 3, 2025 | Banking, IDFC Bank
IDFC FIRST Bank has launched IDFC FIRST Academy, a digital financial literacy initiative to enhance individuals’ ability to manage their financial matters. The Academy offers simplified and interactive content, including videos, quizzes, and real-world... by newsworm | Jan 3, 2025 | Banking, Indian Bank, Karur Vysya Bank, South Indian Bank
Karur Vysya Bank has reported a 14% growth in its loan book, while South Indian Bank has seen a 12% increase in its lending business, according to recent reports. This growth in lending has contributed to the banks’ overall performance, indicating a buoyant... by newsworm | Jan 2, 2025 | Banking, Punjab & Sind Bank
Pakistan Sports Board (PSB) Director General Muhammad Yasir Pirzada emphasized the importance of accountability in sports management during his visit to the PSB Center in Karachi. He stated that only sports federations that provide clear and transparent accountability... by newsworm | Jan 2, 2025 | Banking, Punjab National Bank
Punjab National Bank (PNB), a leading public sector bank in India, has successfully achieved PCI-DSS v4.0.1 certification, a global standard for card data protection. This certification ensures that all processes and systems involving card data meet strict security... by newsworm | Jan 2, 2025 | Bank of Baroda, Banking
Bank of Baroda (BOB) has reduced its interest rates for bulk fixed deposits (FDs) ranging from Rs 3 crore to Rs 10 crore. The revised rates are applicable from January 1, 2025. Existing FDs are not affected by this change. The reduced interest rates range from 5% to... by newsworm | Jan 2, 2025 | Banking, Union Bank of India
Union Bank of India has conducted the online examination for 1500 Local Bank Officer (LBO) posts and is expected to release the results by the end of December 2024. The result will be available on the official website www.unionbankofindia.co.in in PDF format.... by newsworm | Jan 2, 2025 | Banking, State Bank of India
State Bank of India (SBI) has launched a digital platform to enable Non-Resident Indians (NRIs) to open Non-Resident External (NRE) and Non-Resident Ordinary (NRO) accounts using its YONO mobile app. The TABLE-based end-to-end digital onboarding process allows NRIs to... by newsworm | Jan 2, 2025 | Banking
Federal Bank, a leading private sector bank in India, has launched FedOne, a digital transformation platform powered by Nucleus Software’s FinnAxia. This partnership aims to modernize Federal Bank’s corporate banking services, focusing on delivering... by newsworm | Jan 2, 2025 | Banking, Standard Chartered
According to a report by Standard Chartered’s economists Edward Lee and Jonathan Koh, the potential US-led tariffs on China and ASEAN could have different impacts on various economies. In the short-term, Vietnam, Thailand, and Malaysia (VN, TH, and MY) may... by newsworm | Jan 2, 2025 | Axis bank, Bank of Baroda, Banking, Canara Bank, HDFC Bank, ICICI Bank
Yes Bank offers the highest interest rate on one-year deposits at 7.25%, followed by Bank of Baroda and Canara Bank at 6.85%. HDFC Bank and Axis Bank offer the lowest rates at 6.7% and 6.8%, respectively. For three-year deposits, Yes Bank tops the list at 7.75%,...