The purpose of the meeting was to address the brutal physical assault that occurred yesterday at the SBI Branch in Takathpur, District Bilaspur, according to a press release by AIBOC.
Author: John Davis
Budget 2024-2025: What is there for banking sector?
Will 2024 see a renewed push from the Narendra Modi-government on bank privatisation? To begin with, privatising India’s dozen public sector banks (PSBs) has been a tough task and an unkept promise….
Wazirx reports major secutity breach; $230 million assets stolen
On July 18, WazirX, India’s largest cryptocurrency exchange, confirmed a security breach that prompted the temporary halt of INR and crypto withdrawals, following an alleged theft of digital assets valued at $230…
South Indian Bank appoints Dolphy Jose as wholetime director
Thrissur-based South Indian Bank today announced the appointment of Dolphy Jose as Whole-time Director (Executive Director) of the Bank with immediate effect. Jose is an accomplished banker with over 25 years of…
BoB to offer 7.25%launches BoB monsoon dhamaka deposit scheme
Bank of Baroda today announced the launch of the bob Monsoon Dhamaka Deposit Scheme, a special term deposit product offering higher interest rates. The bob Monsoon Dhamaka Deposit Scheme is available in…
BNW quick analysis| Why did inflation rise in June?
The heatwave impact has been seen on vegetables. Wheat production lower according to the market for FY24 which has seen prices move up. These products will continue to witness high inflation.
RBI cautions banks on management of internal accounts
Swaminathan urged CFOs to invest in technology and data analytics which would empower them to provide more accurate and real-time financial insights.
News brief| Finmin asks private sector banks to step up efforts on financial inclusion
In a meeting with bank chiefs, the DFS secretary reviewed private sector banks’ performance and participation in furthering the cause of financial inclusion.
For Malaysia’s Islamic Banks Funding Fix May Be A Five-Year Wait, Report Says
Profitability of Islamic banks could stay lower than the sector in 2024 as well. Elevated deposit rates are exacerbated by intense competition for pricing household loans and financing in Malaysia’s saturated banking sector.
Mashreq appoints Tushar Vikram as Country Head and CEO of India
Mashreq, one of the leading financial institutions in the MENA region, has appointed Tushar Vikram as its new Country Head and CEO of India, starting June 2024. In his new role, Tushar…