There were revelations of missed warnings and systemic errors. A June 1, 1985, Air India Telex had warned of a possible bomb ...

MUMBAI -- The Reserve Bank of India cut its key policy rate on Friday by an unexpectedly sharp 50 basis points to 5.5%, its lowest level in nearly three years, as tepid inflation allowed the bank ...

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 extreme poverty rate fell from 27.1% in 2012 to 5.3% in 2022, lifting 269 million out of poverty. In contrast, Pakistan's extreme poverty rose from 4.9% in 2017 to 16.5% in 2021, with ...

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 ...

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.

Branch Name IFSC MICR; Adapur: CBIN0280032: MICR not provided. Address: P. O. Adapur, Dist- East Champaran, Bihar-845 301 City & State: Purbi Champaran Bihar Agricultural Produce Market Committee ...

Asheesh Pandey to be Union Bank chief; Kalyan Kumar to take over as Central Bank of India chief Pandey and Kumar are currently Executive Directors at Bank of Maharashtra and Punjab National Bank ...

Bank of America Corp. has picked Satish Arcot, a JPMorgan Chase & Co. banker, to head its capital markets business in India as it rebuilds the domestic investment banking team, according to people ...

India's central bank cut interest rates more than expected on Friday, citing muted inflation and a need to kickstart economic growth as the impact of US tariffs weighed on the country's outlook.

Mumbai: Banking expert and senior Congress leader Vishwas Utagi on Friday said the takeover of private lender Yes Bank by a Japanese financial institu.

The Reserve Bank of India (RBI) lowered the benchmark repo rate, the level at which it lends to commercial banks, by 50 basis points to 5.5 per cent. A majority of analysts had expected a 25-point ...