by newsworm | Mar 18, 2025 | Bank of Maharashtra, Banking
Bank of Maharashtra (BoM) has received a warning from the Securities and Exchanges Board of India (SEBI) for lapses in the nomination and remuneration committee (NRC) meeting. The warning is a result of an examination by SEBI, which found that the bank did not comply... by newsworm | Mar 18, 2025 | Banking, HDFC Bank, State Bank of India
When considering a personal loan, it’s essential to compare rates from different banks to find the most affordable option. In this comparison, we’re looking at the personal loan offerings from State Bank of India (SBI) and HDFC Bank. SBI is currently... by newsworm | Mar 18, 2025 | Banking
Here is a 400-word summary: On September 5, 2023, President Donald Trump announced that he has selected Randal K. Bowman as the next chair of the Federal Reserve’s Board of Governors. Bowman, a current member of the Federal Reserve Bank of New York, will replace... by newsworm | Mar 18, 2025 | Banking, dbs
Here is a summary of the content in 400 words: DBS, Wellington Wealth Briefs on New Investment Trends and Opportunities DBS and Wellington Management, a global investment management company, have jointly presented an update on the current state of the investment... by newsworm | Mar 17, 2025 | Banking, ESAF Small Finance Bank
CARE Ratings has downgraded its outlook on ESAF Small Finance Bank’s various tier 2 bond instruments to “negative” from “stable” due to high asset quality stress. The rating agency has reassessed the bank’s profitability, noting... by newsworm | Mar 17, 2025 | Banking, Central Bank of India, RBI
RBI Governor Sanjay Malhotra has called for an end to the repeated requests by banks for Know Your Customer (KYC) documents, citing the inconvenience this causes to customers. He emphasized that submitting KYC documents to one entity should be sufficient, allowing... by newsworm | Mar 17, 2025 | Banking, Canara Bank
Here is a 400-word summary of the article: Canara Bank has announced the launch of its Digital Balance Confirmation Certificate, a new initiative aimed at reducing manual processes and minimizing errors. The new system is designed to provide fast and convenient access... by newsworm | Mar 17, 2025 | Banking, IDBI Bank
Here is a summary of the content in 400 words: Supriya Sule, an MP from the NCP (Secular Progressive Alliance) party, raised concerns over the fate of 20,000 IDBI Bank employees during Zero Hour in the Lok Sabha. She expressed worry over the government’s move to... by newsworm | Mar 17, 2025 | Bank of Baroda, Bank of Maharashtra, Banking, State Bank of India
The Indian Ministry of Finance has acknowledged the existence of vacancies in the boards of public sector banks (PSBs) and is taking steps to fill them. According to Pankaj Chaudhary, the Minister of State in the Ministry of Finance, filling director positions is a... by newsworm | Mar 17, 2025 | Banking, HDFC Bank, Punjab National Bank
When considering a five-year fixed deposit (FD) for investment, Punjab National Bank (PNB) and HDFC Bank are two popular options. Here’s a comparison of their 5-year FD returns for an investment of Rs 25 lakh. PNB offers FD interest rates ranging from 3.50% to...