RBI Faces $11 Billion Cost From Record Foreign Deposit Inflows
Noida, Sep 4 (APAC Media): The Reserve Bank of India (RBI) could face a bill of about $11 billion from ...
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Tag: banking sector
FCNR(B) Inflows Cross $100 Billion as RBI Closes Swap Window Early: Report
Noida, Sep 2 (APAC Media): Inflows through Foreign Currency Non-Resident (Bank), or FCNR(B), deposits have crossed the $100-billion mark, significantly ...
Kotak Mahindra Bank CEO Ashok Vaswani to Step Down in 2026, Board Begins Succession Search
Noida, June 27 (APAC Media): Kotak Mahindra Bank on Saturday said its managing director and chief executive officer, Ashok Vaswani, ...
Maharashtra State Co-operative Bank Partners with Airpay to Enable UPI Across Maharashtra
Mumbai: Maharashtra State Co-operative Bank (MSCB), has partnered with Airpay Payment Services to enable UPI payments across the bank’s entire ...
Govt Plans Merger of Union Bank of India and Bank of India to form Second-Largest PSU Lender
New Delhi: The government is preparing a plan to merge Mumbai-headquartered public sector lenders, Union Bank of India and Bank ...
Merger of 26 Regional Rural Banks Under ‘One State-One RRB’ Takes Effect Across 11 States, UTs
New Delhi: The amalgamation of 26 Regional Rural Banks (RRBs) across 11 states and Union Territories officially came into effect ...
One State-One RRB Plan: Finance Ministry to Merge 43 Regional Rural Banks into 28
New Delhi: The Ministry of Finance is set to roll out the ‘One State-One RRB’ strategy to improve operational efficiency ...
IIM Lucknow Study Highlights Green Lending’s Role in Strengthening Banks’ Financial Stability
Lucknow: A new study by faculty members at the Indian Institute of Management (IIM) Lucknow has underscored the crucial role ...
Banking Sector to Shed 200,000 Jobs Worldwide Amid Industry Restructuring
Up to 200,000 employment in the banking sector could be at risk over the next three to five years, causing ...
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