Govt signs MoU with 13 Banks to promote Employment in Rural Areas The Ministry has signed MoUs with the 13 Banks to promote employment and enterprise financing in rural areas. List of Banks having signed MoUs with the Ministry Sl No Name of Bank 1 State Bank of India 2 Bank of Maharashtra 3 Bank…
No Systemic Risk from IDFC Bank Fraud in Chandigarh: RBI Gov The Governor of RBI – Shri Sanjay Malhotra, said that there is no Systemic Risk from Rs.590 crore fraud in Chandigarh branch of IDFC First Bank. He said: As a policy, we do not comment on any individual bank or regulated entity. We are…
Haryana orders Govt Departments to open accounts only in PSU Banks The Haryana government has directed all its departments, boards, corporations and state-run entities to open bank accounts and do banking exclusively with public sector banks. Any department seeking to open or operate an account with a private sector bank will require prior approval from…
SBI FD Interest Rate SBI FD Interest Rate 2025: The State Bank of India (SBI) has released its new updated Interest Rate on Fixed Deposits (FD). The revised interest rates are as under (Rates in % p.a – All figures in % per annum): general public Senior Citizens Duration Rate effective from 15/07/2025 Rate…
SBI Wins 4 Awards at Economic Times Human Capital Awards 2026 State Bank of India (SBI) has achieved a proud milestone by winning four prestigious awards at the Economic Times Human Capital Awards 2026. SBI received the Visionary HR Leader – Large Scale Organization award, which honoured Shri G. S. Rana, DMD (HR) & CDO,…
PNB FD Interest Rate: Punjab National Bank Fixed Deposit Interest Rate For Public and Senior Citizens [Updated] PNB FD Interest Rate 2025: The Punjab National Bank (PNB) has released its new updated Interest Rate on Fixed Deposits (FD). The revised interest rates are as under (Rates in % p.a): Sl. No Period Revised Rates For…
Foreign Shareholding in Public Sector Banks: Did you know FDI inflow in banking sector in 2024-25 was $115.47 million. In 2023-24, FDI inflow was $377.34 million. In 2022-23, FDI inflow was $897.76 million. According to the Reserve Bank of India’s (RBI) rules on acquiring and holding shares in banks, if any person or entity wants…
IIBF JAIIB Registration Last Date Extended till 28 February IIBF has extended the last date for registration of IIBF JAIIB examination 2026. The last date has been extended till 28 February 2026. JAIIB EXAMINATION DATE 2026 REGISTRATION FEES: 02-Feb-26 to 08-Feb-26 – Normal Examination fees 09-Feb-26 to 15-Feb-26 – Normal Examination…
The Haryana government has de-empanelled IDFC First Bank and AU Small Finance Bank for government business with immediate effect. No Government funds will be kept in these two banks. This big decision has been taken by the Haryana Government due to Rs.590 crore fraud in IDFC First Bank. As per reports, funds of the Haryana…
A big fraud of Rs.590 crore has been reported in the Chandigarh branch of IDFC First Bank. As per reports, some employees of the bank at its Chandigarh branch were involved in fraudulent activities involving Rs 590 crore from accounts linked to the Haryana government. Four Bank Employees have been placed under suspension, and an…