Minister of State for Finance Pankaj Chaudhary spoke on consolidation plan of public sector banks, FDI limit, IDBI Bank divestment and performance of regional rural banks.
Ministry of Electronics and Information Technology has blocked a total of 87 illegal loan lending applications after following the due process, said Minister of State for Corporate Affairs Harsh Malhotra.
Offer for sale to fetch government Rs 2,600 crore at current market price; OFS for non-retail investors opens on 2 December and for retail the next day.
Indian women cricket captain Kaur’s association marks a strategic milestone in PNB’s brand transformation journey; bank unveils RuPay Metal Credit Card Luxura, PNB One 2.0, Digi Surya Ghar and onboarding of PNB on IIBX portal.
India’s economy grew at quickest pace in 18 months and GDP forecast for FY26 revised upwards by CEA Nageswaran; economists divided on interest rate cut amid strong GDP growth and low inflation.
RBI imposes fine of Rs 91 lakh on HDFC Bank for deficiencies in statutory and regulatory compliance, including those related to KYC.
Govt appoints new executive directors at Punjab National Bank, Indian Bank, Canara Bank, Bank of Maharashtra, Union Bank of India and Central Bank of India.
Rupee rebounds to settle at 89.20 against the US dollar after slumping to a lifetime low of 89.66.
Indian rupee slumps to lifetime low of 89.66 per dollar and heads towards 90 range amid foreign portfolio outflows, uncertainty over US-India trade deal and RBI’s defence pullback.
Banks have opened 4 crore accounts under Sukanya Samriddhi; the govt-promoted scheme attracts 8.2% interest rate.
Krishnan’s appointment is effective from November 13, 2025 till March 26, 2028; he earlier served as MD & CEO of Punjab & Sind Bank and Tamilnad Mercantile Bank.
RBI’s measures to export sectors hit by tariffs include debt moratorium, easing of access to working capital and relaxation in asset classification.
Lowest rate of inflation in current series of CPI led by first full month’s impact of GST rate cuts, favourable base effect and subdued prices of vegetables and fruits; repo rate cut of 25 bps likely in RBI's December policy.
SBI joins exclusive club occupied by Reliance Industries, HDFC Bank, Bharti Airtel, TCS and ICICI Bank; chairman CS Setty says target now is to break into league of Top-10 global banks.
SBI Funds Management Ltd will be third SBI subsidiary to list; Amundi India Holding will offload 3.7% in IPO expected next year.
