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Articles for Banking & Finance

SBI Eases Process Of Opening Bank Account For NRIs Using YONO App

SBI has introduced a digital facility for Non-Resident Indians (NRIs) to open NRE and NRO accounts (both savings and current accounts) using New To Bank (NTB) service through SBI's YONO.

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RBI Grants 3-Year Extension To HDFC Bank MD Sashidhar Jagdishan

Jagdishan took over as MD and CEO in 2020, succeeding Aditya Puri, the bank's founder CEO

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TRAI Recommends Merging Bank Guarantees & Slashing Telecom License Fees

These proposals include advocating for a significant reduction in entry fees for various telecom service licenses and the consolidation of bank guarantees

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Sidbi Extends 100% Funding For MSME Green Projects

Sidbi, announced that it will provide 100 per cent financing for MSMEs' renewable energy and other clean projects.

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Indian Govt. Abandons ETFs For PSU Disinvestment Strategy

The government had previously used ETFs as a tool for disinvestment, allowing it to divest stakes in multiple central public sector enterprises (CPSEs) through a single offering in a non-disruptive manner

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Old Pension Scheme To Cost 4.5 Times More Than Existing NPS: RBI Bulletin

The cumulative pension burden for the states over the period from 2023 to 2084 will be 4.5 times higher if they adopt Old Pension Scheme (OPS), says the RBI bulletin

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Robbers Target Raigarh Bank, Escape With Rs 8.5 Cr In Cash & Gold

The incident occurred around 9:30 am at the Jagatpur branch of Axis Bank, located under the jurisdiction of the city's Kotwali police station

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UBS Identifies South Korea, India, Others As Delayed In Approving Credit Suisse Deal

This assessment was made following a global review aimed at assessing the timeline for obtaining the necessary regulatory approvals for the merger

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