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BANK MANAGERS
RBI overhauls Lead Bank Scheme after review, issues new guidelinesThe Reserve Bank of India has revamped the Lead Bank Scheme to boost district-level credit planning and financial inclusion. New guidelines...
SBI's improving performance warrants better valuation, chairman Setty says: ReportState Bank of India's chairman believes the bank is undervalued, citing improvements in financial strength, customer base, and earnings. He...
Parliament panel to review India's economy amid global turmoil and growth concernsA key parliamentary committee will scrutinise India's evolving economic landscape in 2025-26, amid global conflicts and trade uncertainties...
Canadian lender TD tells some employees it will use software to monitor their workTD said in a statement to Reuters the deployment is "standard practice across the industry." "In various parts of our business, we use auto...
Canadian lender TD tells some employees it will use software to monitor their workIn a bid to refine efficiency, Toronto-Dominion Bank is introducing software to monitor employee activities in its financial crimes and ris...
SBI Funds Management gets Sebi nod for IPOSBI Funds Management, India's largest mutual fund house, has secured SEBI's nod for its upcoming Initial Public Offering, expected to launc...
Sebi approves SBI Mutual Fund IPO, launch likely by July first weekSBI Mutual Fund is preparing to launch its IPO in early July after receiving Sebi approval. The offer, entirely an offer for sale by SBI an...
South Indian Bank raises FCNR deposit rate to 6.5 pc after RBI swap windowSouth Indian Bank has boosted interest rates on US dollar deposits for Non-Resident Indians to 6.5% per annum for 3-5 year tenures. This mo...
Banking liquidity falls to fiscal-year low, pushes up money market ratesMoney market rates have risen as banking system liquidity dropped to its lowest this fiscal year. Advanced tax outflows caused this liquidi...
Aroop Biswas seeks freeze on TMC bank accounts, CPI(M) demands complete account freezeFormer Trinamool Congress (TMC) treasurer Aroop Biswas has sought an immediate freeze on the operation of party bank accounts, citing an on...
Agentic AI adoption drives stronger governance oversight, risk controlsIndia first: Firms prioritise domestic industry guidelines over global frameworks, remain confident on DPDP
Mutual funds cut PSU bank exposure to 8-month low in May. Warning sign or buying opportunity?Mutual funds have cut their stake in PSU banks to an eight-month low. This move has led to discussions about whether it signals caution or ...
InCred Capital expands global footprint with launch of US operations; appoints Arunava Das as CEO, North AmericaInCred Capital, the institutional, wealth and asset management arm of InCred Group, announced the launch of its US operations with the open...
Gen Z investors lead in mutual fund portfolio switching during periods of uncertainty: ReportGen Z investors are more likely to switch mutual fund portfolios during uncertain market conditions compared to older cohorts, a report sho...
Goldman Sachs shatters dealmaking records with $1 trillion in first-half M&A volumeGoldman Sachs achieved a record pace in 2026, managing over one trillion dollars in announced mergers and acquisitions. This success follow...
How a writer saved Rs 55,000 a year using 21 credit cards without paying interestA freelance translator uses 21 credit cards as a financial tool, saving Rs 50,000-55,000 annually by optimizing spending. Through meticulou...
YES Bank share price rises 3% on partnership with Northern Arc to extend lending offeringsYES Bank shares gained after the lender announced a strategic partnership with Northern Arc Capital. The collaboration aims to expand credi...
Agentic AI adoption drives stronger governance oversight, risk controlsIndian companies are prioritising local AI rules over international ones. They are focusing on ethics, identity, and privacy as AI adoption...
LIC targets stronger market leadership as it approaches its platinum jubileeLIC CEO R Doraiswamy stated the corporation will maintain its leadership in the life insurance sector and contribute to national developmen...
China issues guidelines on financial services data amid broader cybersecurity pushThe Cyberspace Administration of China said data would be classified into four levels-core, important, sensitive general and routine genera...