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RBI slaps Rs 1 crore penalty on SBI for violating norms

The Reserve Bank of India has exercised its powers conferred under Section 47A of the Banking Regulation Act of 1949 & imposed a penalty of Rs 1 crore...

February 11, 2019

Arundhati Bhattacharya appointed as new SWIFT India Chairman

Arundhati Bhattacharya, former chairman of State Bank of India (SBI) has been appointed as SWIFT India Chairman. She will succeed former banker M V Nair. SWIFT India is...

December 12, 2018

SBI becomes India’s first PSU bank to introduce comprehensive wealth business services for its clients

The State Bank of India (SBI) has become the India’s first PSU bank to introduce comprehensive wealth business services for its clients. The wealth hub was inaugurated by...

October 22, 2018

RBI approves appointment of Sandeep Bakshi as Managing Director and CEO of ICICI Bank

The ICICI Bank was originally established by ICICI Limited as a wholly owned subsidiary in 1994. Though, Industrial Credit and Investment Corporation of India (ICICI) was formed in...

October 17, 2018

Sunil Bhaskaran appointed as new CEO & MD of low cost carrier AirAsia India

Tata Group veteran Sunil Bhaskaran has been appointed as the new Chief Executive Officer (CEO) and Managing Director (MD) of low cost carrier AirAsia India with effect from...

October 12, 2018

SBI Caps appointed as transaction adviser to Ministry of Defence

For the first time, the Defence Ministry has appointed a transaction adviser and a legal adviser for procurement projects under the Strategic Partnership (SP) model. SBI Caps [Capital...

September 27, 2018

Infosys inks deal with Australian Open as official digital innovation partner

Software major Infosys has recently signed a 3-year partnership with the Australian Open as its official digital innovation partner. The partnership is about creating new ways of experiencing...

September 11, 2018

Indian Railways signs pact with GAIL for use of Natural Gas in railway workshops

In New Delhi, Indian Railways has recently signed a Memorandum of Understanding (MoU) with GAIL India Ltd for use of environment-friendly fuel ‘Natural Gas’ in Railway workshops and...

August 31, 2018

NGT appoints S J Vazifdar committee to decide Vedanta’s plea challenging closure of its Sterlite plant

The National Green Tribunal (NGT) has appointed former Punjab and Haryana High Court Chief Justice S J Vazifdar as head of a 3-member committee to decide mining company...

August 24, 2018

SBI ranked as India’s most patriotic brand , as per survey conducted by UK-based online market research and data analytics firm YouGov

As per survey conducted by UK-based online market research and data analytics firm YouGov, the State Bank of India (SBI) has been ranked as the most patriotic brand,...

August 16, 2018

Wipro launches Santoor women’s scholarship for higher education

The Wipro Consumer Care & Lighting will offer 3-year Santoor women’s scholarship for higher education to girls from economically weaker families in the three southern states of Karnataka,...

August 12, 2018

PB Bhattacharyya authors book “When Coal Turned Gold: The Making of a Maharatna Company”

The book “When Coal Turned Gold: The Making of a Maharatna Company” has been authored by Partha Sarathi Bhattacharyya, the former chairman of Coal India Ltd (CIL). The...

July 26, 2018

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