IndusInd Bank appoints Viral Damania as new CFO amid leadership changes. Learn about the banking governance update, key takeaways, and its significance for investors and exams. IndusInd Bank Appoints Viral Damania as CFO Amid Leadership Overhaul Introduction to the Appointment IndusInd Bank has appointed Viral Damania as its new Chief Financial Officer (CFO), effective September…
Canara Bank Removes Minimum Balance Rule for All Savings Accounts Introduction In a significant move aimed at enhancing customer convenience and promoting financial inclusion, Canara Bank has announced the removal of the Average Monthly Balance (AMB) requirement across all its savings bank accounts, effective from June 1, 2025. This policy change applies to all types…
SBI Seeks $1.25 Billion in 2024’s Largest Dollar-Denominated Loan Introduction to SBI’s $1.25 Billion Loan Request In a significant development in the global financial sector, the State Bank of India (SBI) is seeking a loan of $1.25 billion in the largest dollar-denominated loan transaction of 2024. This move is a part of SBI’s strategy to…
India’s Top Banks Shine in Asia-Pacific Region According to S&P Global Report In a recent report by S&P Global, Indian banks have emerged as significant players in the Asia-Pacific region, showcasing robust performance amidst challenging times. The report, titled “Banking Industry Country Risk Assessment: Asia-Pacific Region,” highlights the resilience and growth potential of Indian banking…
