Decline in bank deposits is also because of non-uniform tax treatment on various investment options.: SBI report

Aug 19, 2024

On the concern over the recent decline in bank deposits, the State Bank of India (SBI) in its latest report asked for tax reforms....

Banking sector reforms are paying its dividend to Indian Economy: Nirmala Sitharaman

Oct 04, 2024

Sitharaman said, "The soundness and resilience of India's banking sector have been underpinned by a sustained policy focus on asset quality improvements, enhanced provisioning...

Reforms in pension scheme, tax on deposits, PSBs' consolidation must be on Centre's agenda: SBI Research

Jul 08, 2024

The key reforms brought in over the past decade were Jan Dhan; Digitization, financial inclusion; recapitalisation of PSBs; API-based banking; Insolvency and Bankruptcy Code;...

Two-day nationwide bank strike from today to protest against privatisation

Mar 15, 2021

Mumbai (Maharashtra) [India], March 15 : The United Forum of Bank Union (UFBU), has called a two-day nationwide strike on March 15 and 16...

FINIXX Awards and Summit 2025 to Bring Together BFSI Leaders to Redefine the Future of Financial Services

Oct 13, 2025

Mumbai (Maharashtra) [India], October 13: India's Banking, Financial Services, and Insurance (BFSI) sector is undergoing a dynamic transformation -- propelled by rapid digitization, multi-channel...

53 crore bank accounts opened post-2014: Amit Shah highlights inclusion, 86 reforms to strengthen banking sector

Sep 25, 2025

Speaking at a program hosted by the 'Financial Express: India's Best Banks Award' in Mumbai, Maharashtra, Shah stated, "After 2014, under the leadership of...