Category : Search result: scheduled banks


NUCFDC to seek SRO status from RBI by January

National Urban Cooperative Finance Corporation plans to apply for Self-Regulatory Organisation status from RBI by early January after crossing ₹300 crore capital threshold, enabling new financial services for cooperative banks.

Punjab SC Commission Election Row: CEO Objects

Punjab Scheduled Caste Commission faces backlash for unprecedented intervention in Tarn Taran bypoll. CEO objects, Congress cries foul over political bias. Read full details.

Bank Unions Oppose FM's Privatisation Remarks

Indian banking unions strongly oppose FM Nirmala Sitharaman's privatisation remarks, demand strengthening of public sector banks instead. Latest updates on the banking sector debate.

PSU Banks Record ₹49,456 Cr Profit in Q2

India's public sector banks achieve historic quarterly profits with 9% growth, driven by reduced bad loans and improved interest income. Discover how state-owned lenders are transforming their financial landscape.

George Banks, 1982 Wilkes-Barre Massacre Killer, Dies at 83

George Banks, the perpetrator of one of Pennsylvania's deadliest mass shootings in 1982 that claimed 13 lives including his own children, has died in prison at age 83. Explore the haunting details of the Wilkes-Barre massacre that continues to echo throug

PSU Bank Stocks Rally Up to 3% on Merger Buzz

Bank of Baroda, Bank of India lead PSU bank rally amid government's consolidation push. Investors cheer potential merger of smaller state-owned lenders as stocks hit new highs.

Gumla tribal protest against Kurmi ST status demand

Tensions flare in Jharkhand's Gumla district as tribal groups protest against Kurmi community's push for Scheduled Tribe status, raising concerns about resource sharing and identity preservation.

Bank Holiday Oct 31: Which City Affected?

Planning bank work on October 31st? Check this essential guide to know which Indian city has declared a bank holiday and avoid unnecessary trips to closed branches.

Canara Bank Q2 Profit Rises 19% to ₹4,774 Crore

Canara Bank reports robust Q2 FY24 performance with 19% profit growth and improved asset quality, though net interest income sees marginal decline. Key highlights and analysis inside.

RBI Allows Banks 35% M&A Financing in Major Reform

The Reserve Bank of India revolutionizes acquisition financing, allowing banks to fund mergers and acquisitions up to 35% of target company value. Discover how this game-changing move will reshape corporate India.

Central Bank Bonanza: Global Policy Shift Explained

Major central banks worldwide are coordinating policy moves, creating a financial windfall for markets. Discover how RBI, Fed, and Bank of Japan decisions will impact inflation, loans, and investments in India.

October 2025 Bank Holidays: 15 Closure Days

Plan your banking activities in October 2025 with this complete guide to bank holidays. RBI has announced 15 days of bank closures including Dussehra and Diwali celebrations across different states.

Kotak Bank Shares Drop 3% After Q2 Results

Kotak Mahindra Bank faces market pressure as shares drop nearly 3% post-Q2 results. Analysis of NII growth, asset quality, and what the future holds for one of India's leading private banks.

Chhath Puja 2025 Bank Holidays: Oct 27-28 Status

Planning your banking activities for Chhath Puja 2025? Get the complete state-wise holiday list for October 27 and October 28. Find out which states will have bank closures and plan your financial transactions accordingly.

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