Latest Updates Around The World
The All-India Bank Officers’ Confederation (AIBOC), the largest trade union body in the banking sector, will hold a crucial two-day series of high-level meetings in Guwahati from Wednesday. These high-level meetings will bring together the country’s key trade union leaders to deliberate on the future trajectory of the organization and critical issues affecting the lives […]
Cholamandalam MS General Insurance Company (Chola MS), a joint venture between Murugappa Group and Japan’s Mitsui Sumitomo Insurance Group, on Tuesday reported gross written premium (GWP) of ₹2,220 crore in the quarter ended September 2025 (Q2FY26), compared to ₹2,191 crore in the same quarter last year. The GWP for the six months ended September 2025 […]
Canara HSBC Life Insurance, MD and CEO Anuj Dayal Mathur | Photo credit: Private sector life insurer Canara HSBC Life Insurance will not have to take “extreme steps” in adjusting commissions for its distributors due to the new GST change as commission rates are already on the low side, said MD & CEO Anuj Dayal […]
Salee S Nair, MD & CEO, Tamilnad Mercantile Bank | Photo credit: Tamilnad Mercantile Bank says after a lull, robust growth is returning for the private sector lender this fiscal. The growth of 11.4 percent in total revenue is the highest in a decade, with 9.3 percent YoY growth, CASA is also showing robust growth […]
HDFC Bank Ltd., India’s largest private sector lender, has put two senior executives on garden leave amid an investigation after customers alleged they had mis-sold Credit Suisse securities, people familiar with the matter said. The bank made the move in recent months with the employees at the center of the allegedly disputed trading of Credit […]
Michael Ruttledge, Chief Information Officer and Head of Technology Services, Citizens Financial Group. Citizens Bank has established a Global Capability Center (GCC) in India as part of its technology expansion plans. Michael Rutledge, Chief Information Officer and Head of Technology Services at Citizens Financial Group, said the decision was driven by the need for skilled […]
The All India IDBI Officers’ Association (AIIOA) has urged Finance Minister Nirmala Sitharaman to “uphold the national interest” and consider a merger of IDBI Bank with any public sector bank to protect the interests of depositors, small borrowers and employees. This follows similar requests made earlier to the MD and CEO of IDBI Bank and […]
PNB Home Financing | Photo credit: cueapi Shares of PNB Housing Finance will be in focus today after a 24 percent rise in net profit in Q2FY26. The housing finance company reported a net profit of ₹581.59 crore in the quarter under review, against ₹469.68 crore in the same quarter of the previous year. According […]
October 28 Any change or cancellation of a nomination on bank deposit accounts requires the consent of all account holders. This is part of the set of rules notified by the Ministry of Finance for more than one nominee for deposit accounts and lockers. There could soon be four nominees for deposit accounts and bank […]
