banking

Ahmedabad, March 9 – The Reserve Bank of India (RBI) launched the sixth edition of the Digital Payment Awareness Week (DPAW) in Ahmedabad on Monday, with a program focused on women, highlighting the need for greater public awareness about safe digital transactions in the face of rising cases of...

New Delhi, March 7 India's leading lender, SBI, announced on Saturday the launch of a USD 500 million syndicated term loan facility, exclusively focused on women empowerment, with a greenshoe option, on the eve of International Women's Day.This syndicated transaction marks a significant...

Nagpur, March 7 Maharashtra Chief Minister Devendra Fadnavis on Saturday said reports suggesting a potential shortage of LPG cylinders in the context of the West Asia conflict are speculative and not in the interest of the country.He appealed to the media to avoid speculative reporting...

RAJOURI, March 6: A one-day training and orientation program for YUVA Doots and Motivators was organized under Mission YUVA at the Dr. Raj Kumar Thapa Memorial Conference Hall to strengthen youth-focused initiatives at the grassroots level.YUVA Doots from different blocks of the district and...

New Delhi, March 5 AI firm Fractal Analytics has posted an 8.5 per cent growth in consolidated profit after tax at Rs 100 crore in the third quarter ended December 31, 2025.Fractal Analytics had reported a profit after tax of Rs 92.2 crore in the same period a year ago, the company filing said...

New Delhi, March 5 Swift and global banks are launching a new system to make international payments faster and cheaper for small businesses and consumers, starting with major global markets.The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is the world's leading provider...

Mumbai, March 5 Increased participation of women in long-term financial investments could generate a cumulative GDP-equivalent impact of approximately ₹40 lakh crore (USD 430 billion) over a 10-year period, according to a joint report by LIME and EY.The report stated that this impact would...

The United Nations has praised India's banking program, which has provided banking services to over 290 million women, as a global model for empowering women and girls. Sandra Hendriks, Director of Policy for UN Women, stated that the Indian government's example of enabling digital...

New Delhi, March 5 Business process management firm 1Point1 Solutions announced on Thursday that it has completed the acquisition of Costa Rica-based peer Netcom Business Contact Center SA for USD 33.37 million.The acquisition marks a strategic entry of 1Point1 Solutions into the central and...

Mumbai, March 2 The Reserve Bank of India (RBI) said on Monday that 98.44 per cent of the Rs 2,000 banknotes in circulation have been returned.The central bank announced the withdrawal of Rs 2,000 denomination banknotes from circulation on May 19, 2023.The total value of Rs 2,000 banknotes...

JAMMU, FEBRUARY 27: The Indian Institute of Management Jammu inaugurated the 3rd International Finance and Accounting Conference (IFAC 2026) on the theme “Financial Strategies for Inclusive and Sustainable Economic Growth to achieve Viksit Bharat@2047.”The two-day conference was inaugurated by...

Tuticorin, (Tamil Nadu), February 27 Tamilnad Mercantile Bank, a private sector bank, announced on Friday that it has expanded its operations with the opening of four new branches across the state.The new branches in Melaiyur (Mayiladuthurai), Ponnamaravathi (Pudukottai), Chinna Salem...

Bengaluru, February 27 NABARD projected a priority sector credit potential of ₹4.99 lakh crore for Karnataka for the financial year 2026-27, registering a 12 per cent increase over the projections made for the previous fiscal.Releasing its "State Focus Paper for FY 2026-27" at the State Credit...

Mumbai, February 26 The Reserve Bank said on Thursday that close coordination among all stakeholders is necessary to prevent or mitigate digital fraud.A two-day workshop for executive directors and heads of fraud risk management of 60 major banks, conducted by the RBI, concluded on Wednesday...

New Delhi, February 25 HSBC India announced on Wednesday an 11 per cent increase in profit before tax (PBT) to USD 1.9 billion (approximately Rs 17,000 crore) for the fiscal year 2025.The subsidiary of UK-based HSBC Plc earned a profit before tax of USD 1.7 billion in the previous year.India...

Artificial Intelligence is playing a significant role in the banking sector by enhancing data analysis, predicting trends and fraud risks, and improving customer engagement. The recently concluded India AI Impact Expo 2026 in Delhi showcased how AI is rapidly transforming India’s banking...

February 23, Kohima: A Saksham Centre, under the National Rural Livelihoods Mission (NRLM), was inaugurated today at the Zukhumki Federation under the Chukitong Block in the Wokha district.The inauguration was conducted by the Nagaland State Rural Livelihoods Mission, Block Mission Management...

New Delhi, February 23 A total of ₹30.52 crore stuck in over seven lakh inactive accounts of the Employees' Provident Fund Organisation (EPFO) will soon be returned to the account holders or their legal heirs, a source in the Ministry of Labour and Employment said on Monday.In a review...

New Delhi, February 23 Finance Minister Nirmala Sitharaman said on Monday that the government does not have any plan for mergers of public sector banks.However, a High-Level Committee on Banking for Viksit Bharat, proposed in the Budget 2026-27, will look into the topic and other aspects, she...

New Delhi, February 23 Bharti Airtel on Monday outlined major plans for its Non-Banking Financial Company, Airtel Money, and said the NBFC subsidiary will be capitalized with ₹20,000 crore over the next few years.Airtel will contribute 70 per cent through the promoter group, Bharti...