banking news

This is available at all public sector banks as well as some private ones.The two-year tenure programme, announced in Union Budget 2023, provides an appealing and stable interest rate of 7.5%. In a significant move to empower women…

Overall performance parameters were better than the previous year with robust growth across businesses, says DBS Bank India MD and CEO Surojit Shome. DBS Bank India Ltd, reported net profit for the year ended March rose 37% year-on-year…

Credit Suisse said on Monday that 61 billion Swiss francs (US$68 billion) in assets left the bank in the first quarter and that outflows were continuing, underscoring the challenge faced by UBS Group in rescuing its rival. Customer…

Piyush Goyal said today several countries are realising that in trade, there is a need for change in currency for that and it involves a conversion cost, which in turn increases transactions costs. | Photo Credit: PTI International trade…

The chairman of Credit Suisse apologized Tuesday to shareholders for failures of the once-venerable bank and acknowledged the shock and anger felt as the troubled Swiss lender is set to be swallowed up by rival UBS in a…

<!-- -->The merger between banks Credit Suisse and UBS could see up to 36,000 jobs worldwide.The merger between banks Credit Suisse and UBS could see up to 36,000 jobs being cut across the world, the SonntagsZeitung weekly reported on…

Reserve Bank of India (RBI) Governor Shaktikanta Das | Photo Credit: Reuters Reserve Bank of India Governor Shaktikanta Das on Wednesday laid the foundation stone for a ‘Greenfield Data Centre’ and an ‘Enterprise Computing &…

Bank of Baroda has asked customers to finish CKYC by March 24Earlier, customers had to get KYC done multiple times, but now this process has been simplified through CKYCKYC (Know Your Customer) is a process that banks and other financial…

Recently, SBI launched e-Bank Guarantee (e-BG) facility in collaboration with NeSLElectronic bank guarantee: The digital steps in an e-BG includes BG application, preview and confirm.The State Bank of India recently announced the launching…

Image Source : TWITTER/@FIREINTHEHOLEE1 Earlier this year, Musk announced that the company's supercharging stations will accept cryptocurrency Dogecoin as payment.   Billionaire, the world's richest and self-proclaimed 'Doge father’…