Category : Search result: worldclass banks


Central Banks End Rate Cut Era: Market Impact

Global monetary policy undergoes seismic shift as major central banks signal end to easing cycle. Discover what this means for markets, inflation, and your investments.

India Needs Multiple World-Class Banks: FM

Finance Minister Nirmala Sitharaman pushes for banking sector transformation, emphasizing India's need for multiple large, world-class banks to support its expanding economy and compete globally.

India Needs World-Class Banks: FM Sitharaman

Finance Minister Nirmala Sitharaman announces strategic discussions with RBI and banks to create large-scale, globally competitive Indian banking institutions that can drive economic growth.

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.

Court: No Interest on Recovered Mallya Funds

In a landmark judgment, Karnataka High Court rules banks cannot charge interest on already recovered amounts from Vijay Mallya's defunct Kingfisher Airlines, setting a crucial precedent for banking recovery practices.

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

Maharashtra reserves 70% bank jobs for locals

Maharashtra government mandates 70% employment reservation for locals in district cooperative banks, creating new opportunities for residents while addressing regional employment concerns.

Indian Banks: Extended Margin Squeeze Ahead

Despite recent profitability, Indian banks confront sustained pressure on net interest margins as deposit costs rise and credit growth slows. Experts warn the worst may not be over yet.

Indian Banks Sell G-Secs Amid Liquidity Crunch

Indian banks are offloading government securities worth billions to address worsening liquidity conditions and meet surging credit demand as deposit growth lags significantly behind.

Bank Unions Oppose Public Sector Bank Mergers

Indian banking unions unite against proposed consolidation of Union Bank, Indian Overseas Bank, and other public sector banks, citing job security and service quality concerns.

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.

November 2025 Bank Holidays: 5 Closure Dates

Planning financial transactions in November 2025? Get the complete list of bank holidays across India. Know when banks will be closed for festivals and weekends to avoid inconvenience.

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.

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