by newsworm | Feb 5, 2025 | Banking, RBI, Ujjivan Small Finance Bank
Here is a summary of the content in 400 words: Ujjivan Small Finance Bank Limited has submitted an application to the Reserve Bank of India (RBI) for a universal banking licence. This move marks a significant step for the small finance bank, which was earlier licensed... by newsworm | Feb 5, 2025 | Banking, Punjab National Bank
Here is a 400-word summary of the content: Punjab National Bank (PNB) has launched a recruitment drive for the position of Internal Ombudsman, with 2 vacancies available. Eligible candidates can apply through the official website, pnbindia.in, until February 22, 2025.... by newsworm | Feb 5, 2025 | Banking, Central Bank of India
The Congressional Research Service (CRS) has published a report on policy issues related to the Federal Reserve, which includes a significant section on crypto and digital currencies. The report raises several questions for Congress to consider, including whether... by newsworm | Feb 5, 2025 | Banking, dbs
The dBs Institute of Sound & Digital Technologies in Manchester has announced its program for Industry Week 2025, a week-long series of workshops, talks, and networking events taking place from February 10th to 15th. The event is open to students at the... by newsworm | Feb 5, 2025 | Au Small Finance Bank, Banking, RBI, Ujjivan Small Finance Bank
Ujjivan Small Finance Bank (USFB) has made a significant move by applying for a universal banking licence, paving the way for it to become a full-fledged commercial bank. This strategic decision aligns with the bank’s plan to expand its financial services,... by newsworm | Feb 5, 2025 | Banking, RBI, State Bank of India
A new analysis by SBI Research predicts that the Reserve Bank of India (RBI) is likely to embark on a monetary policy shift in the first half of 2025, with expected interest rate reductions totaling 75 basis points. The report forecasts a moderate 25 basis point cut... by newsworm | Feb 5, 2025 | Banking, Indian Bank, South Indian Bank
South Indian Bank (SIB) has launched two specialized startup current account products, SIB Business Startup Current Account and SIB Corporate Startup Current Account, aimed at boosting the startup ecosystem in India. The launch event was attended by key dignitaries,... by newsworm | Feb 5, 2025 | Banking, Indian Overseas Bank
Indian Overseas Bank (IOB) has become a signatory to the Partnership for Carbon Accounting Financials (PCAF), a global initiative to measure and disclose the greenhouse gas emissions associated with its financed activities. This move aligns with IOB’s vision to... by newsworm | Feb 5, 2025 | Banking, ESAF Small Finance Bank
ESAF Small Finance Bank has inaugurated its first branch in Kohima, the capital city of Nagaland. This marks a significant milestone for the bank, which aims to expand its reach and provide financial services to underserved communities. The new branch is located at... by newsworm | Feb 5, 2025 | Banking, HDFC Bank
HDFC Bank has launched the eighth edition of its Parivartan Startup Grants program, which aims to support startups working in the social impact space. This year, the program has partnered with 15+ incubators and accelerators to identify and fund 50-60 startups. The...