A senior official of the U.S. Federal Reserve has called for reforms in the banking system’s liquidity rules, saying the current framework may not work effectively during times of financial stress. Michelle W. Bowman, Vice Chair for Supervision at the Federal Reserve, shared these views during a speech at the Roundtable on Liquidity and Lender…
Central Bank of India Gets CCI Approval to Increase Stake in Generali Insurance Firms Central Bank of India has received regulatory approval from the Competition Commission of India (CCI) to increase its shareholding in two Generali insurance companies. The approval was granted on March 3, 2026 and marks an important step in the bank’s plan…
HDFC Bank Vice President Sangram Ajitav Das Dies After Slipping Into River in Jajpur Bhubaneswar: Senior banker Sangram Ajitav Das (43), Vice President of HDFC Bank, died in a tragic incident in Jajpur on Wednesday after slipping into the Kharasrota River while bathing with friends. HDFC Bank Vice President Sangram Ajitav Das Dies After Slipping…
The Government of India will conduct an underwriting auction for the sale of Government Securities worth ₹29,000 crore on March 6, 2026. The securities will be sold through a re-issue of existing government bonds. According to a press release issued by the Reserve Bank of India (RBI) on March 5, 2026, the auction will include…
Layoffs are continuing in many large global companies. You might have surely heard of job cuts in several multinational companies. The latest company to announce job cuts is Morgan Stanley. The Wall Street bank has reportedly reduced about 3% of its global workforce, which is around 2,500 jobs. Morgan Stanley is an American multinational investment…
The Government has decided to privatise IDBI Bank by this financial year. The employees of IDBI Bank have announced hunger strike in protest against privatisation of Bank. Amidst this, one more important point has come to light. The All-India Bank Officers’ Association (AIBOA) has urged Finance Minister Nirmala Sitharaman to reconsider the proposed disinvestment of…
Jaiprakash Associates Reports ₹55,357 Crore Debt to Banks and Financial Institutions Jaiprakash Associates Limited has disclosed that its total outstanding borrowings from banks and financial institutions stand at ₹55,357.39 crore as of 28 February 2026. The company shared this information in a disclosure submitted to stock exchanges. The disclosure was made on 3 March 2026…
Karur Vysya Bank has announced the re-appointment of CA Dr Chinnasamy Ganesan as a Non-Executive Independent Director of the bank for a second term. The decision was approved by the bank’s Board of Directors in its meeting held on 4 March 2026. The meeting started at 10:00 AM and concluded at 6:45 PM. Five-Year Term…
A recent set of figures shared by AIPNBOF GS – Shri Krishna Kumar on social media, has revealed that a large number of officers are currently posted in Head Office (HO) divisions and Inspection & Audit departments across the country. According to the data as on 31 December 2025, a total of 3,659 officers are…
PNB Gandhi Nagar branch in Jammu Jammu Municipal Corporation has seized a branch of Punjab National Bank at Gandhi Nagar in Jammu. A notice was put at the Branch by JMC. The notice stated that the branch has been seized due to issues in commercial operations. More details will be released soon. Source link