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Central Bank of India acquires equity stake of 24.91% of Future Generali India Insurance Company Limited, the bank informed in an exchange filing on Thursday, June 5, 2025.
India's services sector sustained strong growth in May, driven by robust export demand and a record surge in hiring. New business expanded sharply, particularly in international markets. However, ...
Press Information Bureau of India has refuted the claims that the Reserve Bank of India is going to discontinue the Rs 500 banknotes by March 2026. The PIB said that the central bank has made no ...
The numbers are deeply unsettling. Bank frauds aren’t just rising—they’ve exploded. The total amount lost to fraud tripled in just a year, from ₹ 12,230 crore in 2023–24 to ₹ 36,014 ...
The Reserve Bank of India last month bent its rules to let Japan's Sumitomo Mitsui Banking Corp buy a 20% stake in Yes Bank, and two foreign institutions are vying for a stake in IDBI Bank, ...
Meanwhile, Kalyan Kumar, who is serving as ED in Delhi-headquartered Punjab National Bank, will succeed M V Rao as MD of Central Bank of India after his superannuation in July, PTI reported.
The Reserve Bank of India is scrutinising payment fintechs for allegedly misclassifying merchants to exploit credit card ... save, share articles from any device; newspaper archives from 2006.
The Reserve Bank of India (RBI) has expressed confidence in aligning headline inflation with its target of 4.0 per cent over a 12-month horizon, supported by easing food prices and favourable economic ...
India’s central bank is taking another step to internationalise the rupee, seeking approval to allow domestic banks to lend the currency to overseas borrowers for the first time, two sources said. The ...
According to the Reserve Bank of India’s (RBI’s) holiday list for the current calendar year, Eid al-Adha 2025 bank holiday will be observed in Kerala on June 6. Meanwhile, there will be no bank ...
India's foreign exchange reserves (forex) dipped USD 4.888 billion to USD 685.729 billion in the week ending May 16, official data released by the Reserve Bank of India (RBI) showed. A man walks ...
The story so far: Putting an end to much speculation, the Reserve Bank of India’s Central Board on Friday (May 23, 2025) announced that it had decided to transfer ₹2.69 lakh crore to the ...
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