Read in:
HDFC Bank ‘camouflaged’ crores as marketing spend to pay higher interest to state firm - The Indian Express
Quick Summary
Read key updates and insights related to recent developments in Bank News.
Bank News
For full detail, you can also open the original source.
Read original source
Bank News
The Reserve Bank of India and the European Central Bank have signed a Memorandum of Understanding. This agreement aims to boost cooperation in central banking. The MoU updates a previous pact from 2015. It will facilitate information exchange and policy dialogue. Both banks will
11 May 2026, 05:18 am
Bank News
Indian Bank's chief Binod Kumar expects interest rates to rise and net interest margins to fall as India develops. He plans to raise capital for Expected Credit Loss norms and launch a wealth management business. The bank aims for strong growth in retail and MSME loans. Consolida
11 May 2026, 05:16 am
Bank News
RBI has tightened governance norms for co-operative banks by introducing a mandatory 3-year cooling-off period for directors after a 10-year tenure.
26 May 2026, 11:52 am
Bank News
Rupee strengthens to 95.23 per USD as oil prices fall and RBI hints at undervaluation amid potential US-Iran peace deal.
26 May 2026, 10:03 am
Bank News
The West Bengal government has ordered a comprehensive audit into a multi-crore cooperative bank scam. This investigation focuses on alleged irregularities in long-term loan disbursals over the past 15 years. An FIR has been filed in Bardhaman district, with more expected. The st
25 May 2026, 12:26 pm
Bank News
Central Bank of India is set to expand its services with new initiatives including launching credit cards and a wealth management business. The bank will also open a branch in Gift City. These moves aim to drive business growth and strengthen its market position. The bank is focu
22 May 2026, 12:53 pm