UPI Records Highest-Ever Monthly Transactions in January
Unified Payments Interface (UPI) transactions reached a new high in January 2025, crossing 16.99 billion in volume and Rs. 23.48
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Banking News
FM Highlights Surge in Demand for Tech-Driven, Customised Banking
Finance Minister Nirmala Sitharaman has emphasised the growing demand for innovative and on-the-go banking services in India, driven by favourable
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Federal Bank Introduces Long-Term Annuity Deposit Scheme
Federal Bank has launched a new term deposit product, Annuity Deposits, offering resident customers a structured income over periods ranging
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PD Singh Appointed as India CEO of Standard Chartered Bank
Standard Chartered has named PD Singh as its new Chief Executive Officer for India, effective April 1, 2025. He succeeds
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SBI Reduces Lending Rates Following RBI’s Repo Cut
State Bank of India (SBI), the country’s largest public sector bank, has lowered its home loan interest rate by 25
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UCO Bank Adds 40 Branches on Its 83rd Foundation Day
UCO Bank celebrated its 83rd Foundation Day on January 6, 2025, by inaugurating 40 new branches and one RSETI. The
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Bank Officers Union Threatens Nationwide Strike in February 2025
The All India Bank Officers’ Confederation (AIBOC) has announced a nationwide strike on February 24-25, 2025, to press for demands
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IBEX India 2025 – Advancing Innovation, Connectivity, and Excellence in the BFSI Sector
The 12th edition of IBEX INDIA 2025, India’s leading International Trade Fair and Conference for the BFSI (Banking, Financial Services,
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Supreme Court Overturns 30% Interest Cap on Credit Cards
In a major relief for banks, the Supreme Court has nullified a 2008 NCDRC ruling that capped credit card interest
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Central Bank of India Celebrates 114th Foundation Day
The Central Bank of India commemorated its 114th Foundation Day on December 21, 2024, with celebrations nationwide. Special ceremonies were
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