Bank Unions Slam Finance Ministry's PLI Directive, Call It Premature and Divisive
United Forum of Bank Unions demands abeyance of DFS PLI directive, calling it premature, divisive, and a threat to industrial relations.
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United Forum of Bank Unions demands abeyance of DFS PLI directive, calling it premature, divisive, and a threat to industrial relations.
HDFC Bank CEO says board asked Atanu Chakraborty to reconsider his resignation and explain ethics concerns, but he declined. Keki Mistry named interim chairman.
Interim Chairman Keki Mistry assures investors of HDFC Bank's operational strength and leadership continuity following Atanu Chakraborty's resignation.
RBI approves Keki Mistry as HDFC Bank's interim Chairman. Mistry says the role aligns with his values, as the bank addresses governance questions.
Former HDFC Bank Chairman Atanu Chakraborty calls his resignation routine. RBI reassures stakeholders the bank is financially sound and well-governed.
RBI says HDFC Bank has sound financials and governance after chairman's resignation over ethical differences. Keki Mistry appointed interim chairman.
RBI affirms HDFC Bank's sound governance and financials after Chairman Atanu Chakraborty's resignation, despite a 5% stock drop.
Union Bank of India plans to raise up to Rs 20,000 crore via long-term bonds for infrastructure and affordable housing, plus Rs 5,000 crore via green bonds.
Capgemini report reveals 85% of corporate clients plan to engage non-bank lenders due to unmet needs for real-time, personalized banking services.
SBI report reveals most RBI repo rate changes in past decade occurred during neutral monetary policy stance, highlighting central bank's flexibility.
IDBI Bank shares fell 16% after the government cancelled its disinvestment plan as bids from Fairfax and Emirates NBD fell short of expectations.
KPMG report: Indian banks gain from AI-driven models, credit growth, and digital infrastructure, with CEOs prioritizing AI investment and reskilling.
RBI introduces new prudential norms capping bank dividend payouts at 75% of profit, linking payouts to capital strength and compliance.
IDFC FIRST Bank completes reconciliation, pays net Rs 645 crore for Chandigarh branch incident. No further discrepancies or pending claims reported.
RBI conducts Rs 50,000 crore OMO purchase to maintain comfortable liquidity ahead of major tax-related outflows later in March.
Bank of Baroda raises ₹10,000 crore via domestic green bonds, setting a new benchmark for sustainable finance in India with strong investor demand.
State Bank of India launches a landmark $500 million social term loan focused on women's economic empowerment and gender equality.
State Bank of India launches a landmark $500 million social term loan focused on gender equality and women's empowerment, aligning with UN SDG 5.
RBI to conduct Open Market Operation purchase auctions worth Rs 1 lakh crore in two tranches on March 9 and 13, 2026, to manage liquidity.
RBI proposes new rules to compensate victims of small-value digital payment frauds up to Rs 25,000. Learn about the draft framework and liability limits.