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IDBI Bank welcomes Vivek Zakarde as its general manager of IT

IDBI Bank welcomes Vivek Zakarde as its general manager of IT

Tech guru Vivek Zakarde is now the General Manager of IT at IDBI Bank, where he will also be in charge of analytics. He will take charge of IDBI Bank's data analytics initiatives in this capacity and be a crucial member of the senior...

ATM operators have made a representation to the Reserve Bank

ATM operators have made a representation to the Reserve Bank

The Reserve Bank and other authorities have received a request from ATM operators to increase the existing interchange rate on transactions in order to make them financially sustainable. They have suggested they be connected to benchmarks like the...

Sashidhar Jagdishan's re-appointment as MD and CEO of HDFC Bank has been approved by RBI

Sashidhar Jagdishan's re-appointment as MD and CEO of HDFC Bank has been approved by RBI

Sashidhar Jagdishan's appointment to the position of MD and CEO of HDFC Bank was authorized by the Reserve Bank of India. Jagdishan, a chartered accountant by trade with over 31 years of cumulative experience and a master's degree in the...

SBI now offers YONO-based digital NRE and NRO account opening

SBI now offers YONO-based digital NRE and NRO account opening

The State Bank of India (SBI) has made it simple for Non-Resident Indians (NRIs) to create NRE and NRO accounts (both savings and current accounts) online using its mobile app YONO. According to a statement from SBI, this service is intended for...

India aims to rise up to the top 25 in the Logistics Performance Index

India aims to rise up to the top 25 in the Logistics Performance Index

According to Sumita Dawra, Special Secretary, Logistics, Department for Promotion of Industry and Internal Trade (DPIIT), India hopes to move up to the top 25 in the Logistics Performance Index (LPI) by 2030. India was placed 38th out of 139...

Odisha signs MoU with six banks for providing banking facilities in unbanked gram panchayats

Odisha signs MoU with six banks for providing banking facilities in unbanked gram panchayats

In order to offer banking services in unbanked gram panchayats, the Odisha government inked an MoU with six public sector banks. The six public sector banks State Bank of India, Punjab National Bank, Union Bank of India, UCO Bank, Bank of India,...

Federal Bank to launch 100 branches in FY23

Federal Bank to launch 100 branches in FY23

The largest private lender in Kerala, Federal Bank, said on Tuesday that it will open 100 new branches in the upcoming fiscal year as part of its increased emphasis on financing to small companies. The Kochi-based lender launched 75 branches in...

India and UK Announce Infrastructure Financing Bridge

India and UK Announce Infrastructure Financing Bridge

India and UK announced the launch of the Infrastructure Financing Bridge during 12th Economic and Financial Dialogue (EFD), a collaborative initiative that signifies the continuing commitment of both nations to work in close cooperation towards...

Top 7 Things to Keep an Eye on While Searching for a Conference Room

Top 7 Things to Keep an Eye on While Searching for a Conference Room

No matter what type of business you have, effective communication between your people will always be important. It can be a team meeting, a brain- storming session, or a client presentation - but no matter what it is, you have to have a discussion...

World Bank is expanding its goal to work for a liveable planet

World Bank is expanding its goal to work for a liveable planet

Ajay Banga, the president of the World Bank, stated on the sidelines of the G20 meeting in New Delhi that the organization's mission is being revised to include the eradication of poverty on a "liveable planet" as part of ongoing...

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