After Merger, HDFC to vault into ranks of world's most valuable banks: According to Bloomberg, after the tie-up of HDFC Bank Ltd and Housing Development Finance Corp, the lender would rank fourth in equity market capitalization. It's valued at about $172 billion. With the merger likely ...

Ministry of Culture and Canara Bank signed an MoU: The Ministry of Culture and Canara Bank signed an MoU for the disbursal of financial assistance to veteran artists under the “Scheme for Financial Assistance for Veteran Artists”. Ministry of Culture has administered a Scheme under which financial ...

DBS Bank India appoints Rajat Verma as Managing Director: DBS Bank India has appointed Rajat Verma as managing director and head of institutional banking. He will succeed Niraj Mittal, who will be taking up a new role as country head of DBS Bank in Australia. Rajat Verma was ...

ADB to provide 400 million US dollars in loans to Bangladesh

Infosys signs $454 million deal with Danske Bank for digital transformation

RBI Imposes Penalties on Axis Bank, J&K Bank, and Bank of Maharashtra

ITC’s market capitalization surges, outpacing Infosys and HDFC Ltd: ITC, one of India's largest FMCG conglomerates, has surpassed Infosys to become the country's sixth most valued stock exchange business. ITC surpassed Infosys on Monday, with a market capitalisation of Rs 5.11 lakh crore, after ...

Reliance General to accept CBDC e-Rupee through Yes Bank: Reliance General Insurance on Wednesday said it has become a forerunner general insurance company in the country to accept the Reserve Bank of India's (RBI) Central Bank Digital Currency e-Rupee for premium payments. The company has tied up ...

Pakistan Becomes the Largest Recipient of ADB-Funded Programs Amidst Economic Crisis: According to the Asian Development Bank's (ADB) Annual Report 2022, Pakistan received $5.58 billion in loans, making it the highest recipient of ADB-funded programs/projects in 2022. Out of the total lending, ...

SBI fourth startup branch opens in Mumbai BKC: The State Bank of India (SBI) has opened an exclusive branch for startups at the Bandra Kurla Complex in Mumbai. This is the fourth startup-focused branch, after Bengaluru, Chennai, and Gurugram. April 2023 Current Affairs QuizIn Mumbai, the bank ...