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BANK REVAMP PLAN
Sachin Bansal’s Navi in talks to raise $250-300 million from Prosus, Accel USSachin Bansal's Navi Technologies is in talks to raise $250-300 million at a $1.8-2 billion valuation, potentially from Prosus and Accel Gr...- Donald Trump says his team will 'look into' US taking stake in AI companiesDigital news outlet NOTUS reported on Thursday that senior U.S. officials held preliminary discussions with AI companies about the potentia...
- PhysicsWallah revises lending strategy, to partner with NBFCs for student loansIn a filing on June 4, the company said it will now tie up with third-party non-banking financial companies (NBFCs) instead of lending thro...
- Finance Ministry to review PSBs performance today, Secretary Nagaraju will chair high-level meetThe Department of Financial Services is holding a major meeting with Public Sector Banks today. The focus is on strengthening digital banki...
- H-1B chill sets in; Flipkart doubles down on ShopsyUS demand for H-1B visas has slumped to a seven-year low amid steeper costs and Trump-era policy shifts. This and more in today’s ETtech To...
- Bengal gets Rs 3,000 cr for healthcare revamp, Ayushman Bharat card rollout from July: SuvenduWest Bengal's healthcare sector is set for a major upgrade with Rs 3,000 crore sanctioned by the Centre. Ayushman Bharat health insurance c...
- Citi to boost Asia wealth business with 'significant' hires, global head saysCitigroup is focusing its global wealth management hiring on Asia. The region's private bank is growing faster and is more productive than ...
- Top-level rejig hits mid-cap ITs; Fintechs wary of RBI wallet rulesHappy Thursday! Mid-sized IT firms are realigning leadership teams as AI-driven changes force a rethink. This and more in today's ETtech Mo...
- Central Bank of India to open 150 branches, recruit about 1,400 officers in FY27: MDCentral Bank of India is planning a major nationwide expansion with the opening of 150 new branches across India. To support its growth str...
- Is government planning to issue gold bonds to temples in exchange for gold reserves? Check hereThe Indian government has officially denied circulating rumors about plans to issue gold bonds to temples or to monetize temple gold holdin...
- StanChart announces massive job cuts: Standard Chartered to lay off over 7,000 employees. Check deadline, reasonStanChart or Standard Chartered's move to streamline operations and rein in costs comes as more global firms slash jobs by deploying AI to ...
- Gold steady on weaker dollar after Trump pauses planned Iran attackGold prices stabilized as a weaker dollar and falling oil prices eased inflation worries, following President Trump's decision to pause an ...
- Citigroup says AI helps speed account openings and systems upgradesUS banks are embracing AI, the biggest technological upheaval to the world economy since the internet, to boost productivity and, in some c...
- PSU bank stocks in huge demand, Bank of Baroda up 15% on revamp planThe government has decided to inject Rs 70,000 crore in PSBs in four-year period starting this fiscal with Rs 25,000 crore.
- 7-point revamp plan not enough; govt must step away from banks' functioning: Mythili Bhusnurmath"The government should just move away and stop meddling in banks' functioning. It is only then that the position of banks will improve."
- Satisfied with govt's bank revamp plan; will look at QIP when time is right: Anshula Kant, SBI"I am glad that the government has put some traction to it. They are also talking about deepening and developing the corporate bond markets...
- Modi government unveils 7-point revamp plan for Public Sector BanksAccording to MoS Finance Jayant Sinha, "This revamp will be the most comprehensive plan since nationalization of banks in 1969.
- RBI seeks inputs for make-over of its websiteReserve Bank on Thursday said it is planning to revamp its website to make it more user-friendly.
- US Treasury rolls out revamped bank rescue planGeithner said leaders of some firms that have received money had squandered the faith that is needed to make the rescue effective. Details ...
- P&S Bank revamp plan okayedThe government paved the way for the proposed initial public offer(IPO) of Punjab & Sind Bank (P&S Bank) by clearing its equity restructuri...
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