Shares of Karnataka Bank fell as much as 8.5% on Monday, and were headed for their worst session in nearly five months, a day after the Indian lender's top boss and a board member stepped down.

Central Bank of India partners with Generali for insurance ventures, acquiring stakes in Future Generali India companies.

The financial institute denied any wrongdoing and stated that it has a robust process to communicate product features and ...

The official holiday calendar for banks is published by the Reserve Bank of India (RBI) every year. These holidays include ...

In an unusual move, the government has demoted Union Bank of India Executive Director (ED) Pankaj Dwivedi to General Manager ...

The Reserve Bank of India (RBI) yesterday released a fresh set of draft regulations aimed at updating the rules for Rupee Interest Rate Derivatives (IRD), in a move designed to bring the regulatory ...

The first step is to remove impediments and the biggest impediment to this are the internal regulations of each of these professional ... It has to remain in the control of the central bank. ALSO READ ...

The Reserve Bank of India last month bent its rules to let Japan's Sumitomo Mitsui Banking Corp buy a 20% stake in Yes Bank, ... Foreign banks are also deterred by a maze of other regulations, ...

In an unprecedented move, the government has demoted Pankaj Dwivedi from Executive Director at Union Bank of India to General ...

Pankaj Dwivedi, Union Bank of India Executive Director, faces demotion. The government cancelled his appointment. He reverts ...

In the banking sector, SBI is deploying over 150 ... challenging that are compounded by legacy systems and India’s complex regulatory environment, including data localization laws. We need to move ...