S Krishnan appointed as Chairman of J&K Bank; RBI approves tenure from 13 Nov 2025 to 26 Mar 2028. Key focus: governance, digital banking, and regional financial inclusion. RBI Approves Appointment of S Krishnan as Chairman of J&K Bank Article Appointment of Veteran Banker at a Strategic StageThe Reserve Bank of India (RBI) has officially approved the appointment…
JPMorgan EMEA Co-CEOs Conor Hillery and Matthieu Wiltz appointed to lead regional growth and strategy. Key insights for banking and civil services aspirants. JPMorgan Appoints Conor Hillery and Matthieu Wiltz as Co-CEOs for EMEA Region 🏦 Leadership Transition at JPMorgan JPMorgan Chase has announced the appointment of Conor Hillery and Matthieu Wiltz as co-chief executive…
RBI liquidity framework review 2025 enhances monetary policy transmission by phasing out 14-day repos, retaining WACR as policy target, and inviting public comments for robust financial stability. RBI Reviews Liquidity Framework to Strengthen Rate Control Introduction: RBI’s Strategic Review of Liquidity Management In August 2025, the Reserve Bank of India (RBI) unveiled a comprehensive review…
Deutsche Bank Appoints Stefan Schaffer as CEO of India Global Capability Centre Leadership Transition at Deutsche Bank India GCC Deutsche Bank, a leading global financial services provider headquartered in Germany, has appointed Stefan Schaffer as the new Chief Executive Officer (CEO) of its India Global Capability Centre (GCC). This strategic move underscores the bank’s commitment…
Introduction: RBI’s Regulatory Actions The Reserve Bank of India (RBI) has recently imposed monetary penalties on two prominent financial institutions—State Bank of India (SBI) and Jana Small Finance Bank Ltd—for non-compliance with specific regulatory norms. These actions underscore the RBI’s commitment to ensuring adherence to banking regulations and maintaining the integrity of the financial system….
Income Tax Department Imposes ₹564.44 Crore Penalty on Bank of India The Income Tax Department has recently imposed a hefty penalty of ₹564.44 crore on Bank of India for alleged discrepancies in the reporting of income. This penalty comes as a result of an investigation into the bank’s financial records, conducted by the tax authorities….
Karnataka Bank Raises Rs 600 Crore Through QIP, Bolsters Growth and Stability Karnataka Bank, a leading private sector bank in India, recently announced the successful completion of its Qualified Institutional Placement (QIP) to raise Rs 600 crore. This strategic move aims to strengthen the bank’s growth trajectory and enhance its stability in the ever-evolving financial…
Ujjivan Small Finance Bank Seeks Universal Banking Licence Ujjivan Small Finance Bank has applied to the Reserve Bank of India (RBI) for a Universal Banking Licence, marking a significant step toward expanding its operations. With this transition, the bank aims to offer a wider range of banking services, such as insurance, mutual funds, and investment…
FSIB Recommends Binod Kumar as MD & CEO of Indian Bank Introduction to the Recommendation The Financial Services Institution Bureau (FSIB) has recommended Binod Kumar for the position of Managing Director (MD) and Chief Executive Officer (CEO) of Indian Bank. This decision comes as part of the FSIB’s critical mandate to select leadership for public…
Canara Bank Aims for ₹60,000 Crore Recovery in H2 FY25 Introduction to Canara Bank’s Recovery TargetCanara Bank, one of India’s largest public sector banks, has set an ambitious target to recover ₹60,000 crore in the second half of the fiscal year 2024-25 (H2 FY25). This strategic initiative is part of the bank’s broader objective to…
