Bank Current Affairs

To enhance the efficiency and transparency of bank e-auctions, the Department of Financial Services has asked Public Sector Banks (PSBs) to redesign their e-auction platform. This effort resulted in the launch of the “e-BKray” platform on February 28, 2019. Furthering this initiative, the government unveiled the enhanced “BAANKNET” portal on January 3, 2025. This new

The State Bank of India (SBI), India’s biggest public sector bank, will set up a specialized unit to handle project financing in emerging sectors like artificial intelligence (AI), e-commerce and fintech. This initiative is a part of SBI’s larger strategy to diversify its projects finance operations beyond conventional infrastructure sectors. This project will take one year

On March 7, 2025, Bank of Baroda (BoB) launched the ‘bob Global Women NRE & NRO Savings Account’, becoming the first public sector bank to offer an NRI account tailored specifically for women. This account is designed to empower women NRIs by providing them with premium banking privileges, lower loan rates, and insurance benefits. Furthermore,

On International Women’s Day 2025, the State Bank of India (SBI) introduced ‘SBI Asmita’, a digital SME loan that requires no collateral and is tailored for women entrepreneurs. This initiative is designed to make it easier for women-led MSMEs to access financing through a straightforward digital process. Furthermore, SBI launched the ‘Nari Shakti’ platinum debit

YES BANK, the sixth-largest private sector bank in India, partnered with the World Trade Center (WTC) Mumbai to organize the esteemed Export Conclave 2025 at YES BANK House. This event provided a vital platform for exporters, industry leaders, and government officials to engage in discussions about emerging trade trends, challenges, and opportunities in the global