Kotak Mahindra Bank appoints Bhavnish Lathia as CTO
Kotak Mahindra Bank has announced the appointment of Bhavnish Lathia as its new Chief Technology Officer (CTO), reinforcing the bank’s […]
Banking
Bank Unions Postpone Strike as Conciliation Talks Yield Positive Developments
Bank unions have decided to postpone their planned nationwide strike on March 24 and 25 following positive developments in their
What does scheduled banks’ statement of position show
Borrowings from banks remained relatively stable, with a slight increase from ₹112,778.14 crore in February 2025 to ₹113,375.74 crore as of March 7, 2025. Other demand and time liabilities also saw an increase, rising from ₹36,706.95 crore in February 2025 to ₹38,843.52 crore in March 2025.
Can AI transform grievance redressal in banking?
In his inaugural address at the Annual Conference of the RBI Ombudsmen, Shri Sanjay Malhotra, Governor of the Reserve Bank
RBI Appoints Indranil Bhattacharyya as Executive Director
The Reserve Bank of India (RBI) has appointed *m Indranil Bhattacharyya as an Executive Director (ED), effective March 19, 2025.
Bank Unions to proceed with strike as conciliation talks fail
The proposed two-day nationwide strike by public sector bank employees on March 24-25 remains on track after a conciliation meeting
Decade of Debt: The stark reality behind ₹16.35 lakh crore in bank loan write-offs
Indian banks have cumulatively written off a staggering ₹16.35 lakh crore in bad loans over the last ten financial years,
Bank Unions challenge minister’s claim on staff vacancies in PSBs
A fresh controversy has erupted over staffing levels in public sector banks (PSBs) after the Minister of State for Finance,
IndusInd Bank flags siscrepancies in derivative portfolio, impacting 2.35% of net worth
IndusInd Bank on March 10 said it has identified discrepancies in its derivative portfolio following an internal review of its
RBI Announces USD 10 Billion Buy/Sell Swap Auction to Inject Liquidity
Mumbai, March 5, 2025 – The Reserve Bank of India (RBI) has announced a USD/INR Buy/Sell swap auction worth USD