Top Chinese banks, including ICBC and AgBank, have removed high-interest 5-year certificates of deposit to cut costs. This move aims to ease pressure on record-low profit margins as lenders support the economy. Learn the implications for savers and the ba
RBI's MPC meets Dec 3-5 to decide policy amid 8.2% GDP growth & 0.25% inflation. Experts debate rate cut likelihood. Governor Sanjay Malhotra to announce decision Friday.
The RBI's Monetary Policy Committee begins a crucial 3-day meeting to decide on interest rates. The policy announcement on April 5 will impact loans, savings, and the economy. Read for key expectations.
The Indian rupee is expected to open near 90 per dollar on Dec 3, with fragile sentiment and capital flows overshadowing a softer US dollar. The currency hit a record low of 89.9475 on Tuesday. Read the full analysis.
Banks in Panaji, Goa, are closed on Wednesday, December 3, 2025, for the Feast of St. Francis Xavier. Check the city-wise operational status and available digital banking services.
PSU bank chiefs warn RBI of a 70-bps margin squeeze as loans reprice instantly with repo rate cuts, but deposit rates lag. Key asymmetry threatens profitability.
Gujarat Deputy CM Harsh Sanghavi demands faster bank response to cybercrime helpline 1930, seeks nodal officers & joint committee to freeze fraudulent funds and protect citizens.
Bokaro Deputy Commissioner Ajay Nath Jha reprimands banks for failing to meet targets in key government welfare schemes. Show-cause notices issued for non-performance. Read more.
BOE and BIS warn of financial stability risks from hedge funds' high leverage in repo markets. New rules on minimum haircuts could cap profitability. Read the full analysis.
A 40-year-old bank clerk in Berhampur has been arrested for allegedly misappropriating over ₹6.28 lakh from 26 savings accounts. The fraud was uncovered after customers complained. Read the full details of the case and ongoing police investigation.
RBI continues to designate SBI, HDFC Bank, and ICICI Bank as Domestic Systemically Important Banks (D-SIBs), requiring them to maintain higher capital buffers. Details on new CET1 requirements inside.
PFRDA chairman S Ramann announces a dedicated NPS fund-of-funds platform to route pension money into AIFs, aiming to provide stable, long-term capital for India's private markets. Discover how this move will reshape domestic capital formation.
Indian Railway Finance Corporation signs a major $300 million loan with Japan's SMBC at GIFT City. This strategic move aims to cut borrowing costs and fund key railway infrastructure projects. Read more.
Moody's reaffirms ICICI Bank's Baa3 rating, citing robust financials, strong asset quality, and profitability. Read the full analysis of India's second-largest private bank.
Indian cricket captain Harmanpreet Kaur partners with Punjab National Bank as its first female brand ambassador and launches the new PNB RuPay Metal Credit Card Luxura. Discover the exclusive benefits.
The Indian government's new digital credit assessment model for MSMEs aims to streamline lending, reduce bank delays, and boost financial inclusion. Learn how this initiative works.
Consumer complaints to RBI Ombudsman rose 13.55% in FY25, with banks facing most grievances. Learn the top complaint categories and how to file your complaint.
As RBI's MPC meets Dec 3-5, experts debate a repo rate cut. India's GDP hit 8.2% in Q2 FY26, while CPI inflation fell to 0.25% in October. Will RBI prioritize growth or caution?
The Labour Ministry confirms the Employees' Pension Scheme (EPS-95) fund has an actuarial deficit, dashing hopes for a pension increase from Rs 1,000. Read the full details here.
State Bank of India announces 1042 Specialist Officer vacancies. Apply online from Dec 2 to Dec 23, 2025. Check eligibility, fee, and selection process details here.
State Bank of India has started online registration for SBI Specialist Officer Recruitment 2025 for 996 posts. Apply at sbi.bank.in/careers before December 23. Check eligibility and steps here.
Nashik Municipal Corporation's bond issue for Simhastha Kumbh Mela 2027 oversubscribed 3.95 times, raising Rs 200 crore. NSE MD highlights investor confidence in municipal bonds. Read more.
UPI transactions surged 22% YoY to ₹26.32 lakh crore in November 2024. NPCI data shows daily average of 682 million transactions. RBI advances UPI-Europe TIPS integration for cross-border payments.
Fugitive businessman Vijay Mallya has publicly questioned Finance Minister Nirmala Sitharaman's claim of Rs 1,692 crore recovery from him. He demands proof and transparency in the government's statements.
State Bank of India announces 1042 Specialist Officer vacancies. Online applications open from Dec 2 to Dec 23, 2025. Check eligibility & apply now!
ECGC Limited announces the final date, December 2, 2025, to apply for 30 Probationary Officer posts. Check eligibility, pay scale, and selection process details here.
OICL announces 300 Administrative Officer vacancies for 2025. Revised registration from Dec 3-18. Check eligibility, salary up to ₹96,765, and apply now!
The government has ruled out any plans to restructure or merge public sector banks. Get details on FDI limits, IDBI Bank disinvestment, and RRB performance.
With inflation at record lows and strong GDP growth, the RBI faces a complex rate decision. Experts say sustained liquidity support is crucial for effective policy transmission and stabilizing bond markets. Read the analysis.
Fugitive businessman Vijay Mallya has requested the appointment of a retired Supreme Court judge to investigate claims of recovery made against him by banks. Read the latest developments.