As the financial year progresses, many investors are on the lookout for safe, steady returns. Among the various investment options, Banking & PSU (Public Sector Undertaking) mutual funds have emerged...
Category: Finance
DBS Bank India Sets Ambitious Course Under New CEO Rajat Verma
DBS Bank India, under the leadership of newly appointed CEO Rajat Verma, is charting an ambitious path to expand its footprint in the SME and corporate banking sectors. With a...
FMA to Scrutinize Banks Over Delays in Passing On Interest Rate Changes
Watchdog says it’s no longer waiting for things to break before stepping in New Zealand’s Financial Markets Authority (FMA) has a new priority — and it’s got the banking sector...
EPFO Expands Banking Network, Adds 15 More Banks for Contribution Collection
The Employees’ Provident Fund Organisation (EPFO) has empanelled 15 additional banks to facilitate direct transfer of contributions, a move aimed at improving efficiency and reducing delays. With this expansion, the...
RBI to Strengthen Consumer Protection and Banking Services, Says Governor
The Reserve Bank of India (RBI) is ramping up efforts to enhance customer service, improve regulatory oversight, and ensure financial stability, Governor Sanjay Malhotra said on Tuesday. Speaking at the...
Banks, Insurers Must Account for Climate Risks, Says Environmental Watchdog
Parliament’s environmental watchdog has sent a clear message: banks and insurers cannot ignore the growing risks posed by climate change. Simon Upton, the Parliamentary Commissioner for the Environment, told MPs...
Switzerland’s Financial Sheriff Shakes Up Banking Giants
Stefan Walter’s tenure at Switzerland’s top financial watchdog is turning heads — and raising eyebrows — among the country’s banking elite. A Year of Unsettling the Status Quo It’s been...
Wealthy Americans Shift Fortunes to Swiss Banks Amid Trump Uncertainty
Wealthy Americans are increasingly moving their money to Swiss banks, seeking financial stability as political uncertainty grows around a potential Trump presidency. A Surge in Swiss Bank Interest Private bankers...
FDIC Highlights Stability Amid CRE Challenges in Latest Banking Report
The Federal Deposit Insurance Corporation (FDIC) released its Q3 Quarterly Banking Profile, showcasing the current state of the banking sector amidst ongoing challenges in the commercial real estate (CRE) market....
Biden Administration Sets New Overdraft Fee Limits, Sparks Banking Sector Frustration
The Consumer Financial Protection Bureau (CFPB) has unveiled a groundbreaking rule set to limit overdraft fees imposed by banks, effective October 1, 2025. This move aims to curb the substantial...