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NPCI and IDRBT Sign MoU to Jointly Advance Payment Security and Cyber Resilience

NPCI and IDRBT Sign MoU to Jointly Advance Payment Security and Cyber Resilience

#NPCI  #NPCIIDRBTMoU #NPCIAdvancePaymentSecurity  #CyberResilience Chandigarh: National Payments Corporation of India (NPCI) and The Institute for Development and Research in Banking Technology (IDRBT) have signed a Memorandum of Understanding (MoU) to collaborate on initiatives that aim to strengthen the cyber security and resiliency across India’s digital payment ecosystem. As part of the agreement, the two organisations will jointly conduct targeted training programmes for tech and cyber professionals in the banking and digital payment services sector. These programmes will focus on key areas such as cyber security, resiliency and data privacy. The partnership will also lead to the development of an exclusive…
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Bank of Baroda Implements Broad-Based MCLR Cut

Bank of Baroda Implements Broad-Based MCLR Cut

#BankofBaroda #BOBMCLRCut Chandigarh/Ludhiana: Bank of Baroda (Bank), one of India’s leading public sector banks, has announced a reduction in its Marginal Cost of Funds Based Lending Rate (MCLR), effective June 12, 2025. The revised rates will apply to new as well as existing loans linked to the MCLR benchmark. The Bank has reduced MCLR by 5 basis points across tenors from One Month to One Year. The new rates are as follows: Tenor Existing MCLR (%) Revised MCLR (%) w.e.f. June 12, 2025 Overnight 8.15 8.15 One Month 8.35 8.30 Three Months 8.55 8.50 Six Months 8.80 8.75 One Year…
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Surging ahead: Škoda Auto outlines framework to strengthen India growth plan

Surging ahead: Škoda Auto outlines framework to strengthen India growth plan

#ŠkodaAuto  #ŠkodaAutoIndiagrowthplan 2025 to become the ‘Biggest Year’ for Škoda Auto India Chandigarh: The year 2025 marks an important milestone for Škoda Auto worldwide, celebrating 130 years of rich history and 25 exciting years in India. Building on the strategy of getting closer to customers, Škoda Auto India has outlined a slew of key brand, product, network, and customer-centric initiatives to drive momentum in the Indian market. Speaking at the occasion, Ashish Gupta, Brand Director, Škoda Auto India, said, “India is the most important growth market for Škoda Auto outside Europe. We are focused on building a strong, future-ready brand…
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Bandhan Mutual Fund Relocates Branch Office in Pune

Bandhan Mutual Fund Relocates Branch Office in Pune

#BandhanAMC  #BandhanAMCPune Pune: Bandhan AMC Limited (Bandhan AMC) has relocated its branch office in Pune to help serve investors and mutual fund distributors (MFDs) better. The branch office is located at First Floor, Signature Building, Above ICICI Bank, Bhandarkar Road, Pune - 411004. The relocated branch in Pune will include a fully equipped meeting cum training room which aims to enhance its customer service and investor awareness activities in Pune. Talking about the branch relocation, Mr. Vishal Kapoor, CEO, Bandhan AMC said that, “Pune has been a high-growth market for us, and we are happy to have received strong feedback and…
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Pramerica Life Insurance Recognised as a Great Place to Work® for the Third Consecutive Year

Pramerica Life Insurance Recognised as a Great Place to Work® for the Third Consecutive Year

#PramericaLifeInsurance  #PramericaLifeGreatPlacetoWork Chandigarh: Pramerica Life Insurance, one of the fastest growing life insurers in India has been certified as a Great Place to Work® for the third consecutive year, reaffirming its commitment to building a workplace rooted in trust, and excellence. This year, the company has also earned a spot among the Top 50 Best Workplaces in India within the BFSI sector, a prestigious recognition that highlights its continued investment in people first practices and workplace culture. The company’s GPTW Trust Index Score has consistently improved, rising to 90 in 2025, up from 88 in 2024 and 83 in 2023,…
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NSE Academy collaborates with ACAMS to strengthen Anti Money Laundering education in India

NSE Academy collaborates with ACAMS to strengthen Anti Money Laundering education in India

#NSEAcademyACAMS #NSEstrengthenAntiLaunderingeducation #NSEIndia Chandigarh: NSE Academy Limited (NAL), a subsidiary of the National Stock Exchange of India Ltd., has partnered with ACAMS, the largest international membership organization for Anti-Financial Crime professionals, to offer a range of certification courses designed to equip participants to effectively prevent financial crime and ensure compliance with regulatory standards. Together, NSE Academy Limited and ACAMS will provide training for Certified Anti-Money Laundering Specialist (CAMS) Certification in addition to offering certificate courses in AML frameworks. CAMS will deliver comprehensive insights into AML, risk assessment, and current regulations, equipping professionals to excel and contribute to a safer financial…
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Jana Small Finance Bank Applies to RBI for Universal Banking License

Jana Small Finance Bank Applies to RBI for Universal Banking License

#JanaSmallFinanceBank #JanaSFBankAppliestoRBI #JanaSFBankBankingLicense Chandigarh: Jana Small Finance Bank (Jana SFB), one of India’s leading small finance banks, is pleased to announce that it has formally submitted an application to the Reserve Bank of India (RBI) seeking approval to transition into a Universal Bank. This strategic move marks a significant milestone in Jana Bank’s growth journey and reflects its long-term commitment to financial inclusion, innovation, and sustainable banking. Over the past several years, Jana SFB has successfully built a strong retail and MSME franchise, expanded its digital and physical footprint across the country, and consistently delivered on key financial and governance metrics. “Applying…
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SBI hires 13,455 Junior Associates to enhance customer experience

SBI hires 13,455 Junior Associates to enhance customer experience

#SBI #SBIhires13455Associates #SBIcustomerexperience ·         SBI Chairman: We further aim to strengthen our human resource capabilities by implementing structured skill development programmes aligned with evolving functional and technological requirements Chandigarh: State Bank of India, the nation’s largest and most trusted bank, has hired 13,455 Junior Associates to enhance customer experience at Bank’s branches across the country. The list of selected candidates is now available on the Bank’s official careers portal. The recruitment aimed to fill vacancies across 35 States and Union Territories, making it one of the significant hiring efforts in the industry. The selection process commenced with Preliminary Examinations held…
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NFO: ICICI Prudential Mutual Fund Unveils Two New Funds Tracking Nifty Top 15 Equal Weight Index

NFO: ICICI Prudential Mutual Fund Unveils Two New Funds Tracking Nifty Top 15 Equal Weight Index

#NFO #ICICIPrudentialMutualFund #ICICIPRUNiftyTop15  #ICICIPRUEqualWeightIndexFund Mumbai: ICICI Prudential Mutual Fund has launched two new passive investment schemes — the ICICI Prudential Nifty Top 15 Equal Weight ETF and the ICICI Prudential Nifty Top 15 Equal Weight Index Fund — offering investors a unique opportunity to gain exposure to India's top-performing large-cap companies through a diversified, rules-based approach. The New Fund Offer (NFO) for both schemes opened on June 10 and will remain available until June 24, 2025. Equal Weight Strategy for Balanced Exposure Both funds track the Nifty Top 15 Equal Weight Total Return Index (TRI), which includes the top 15…
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Mitsubishi Electric India launches CSR initiative to build a sustainable lake ecosystem

Mitsubishi Electric India launches CSR initiative to build a sustainable lake ecosystem

#MitsubishiElectricIndia #MitsubishiElectricCSR #Mitsubishilakeecos  #climateresilience Pune: On the occasion of World Environment Day, Mitsubishi Electric India, a recognized world leader in the manufacturing, marketing, and sales of electrical and electronic equipment, has launched a Corporate Social Responsibility (CSR) initiative in collaboration with Earthwatch Institute India. Focused on conserving waterbodies and the biodiversity surrounding them, the project is being implemented in the regions of Talegaon Dabhade, and Pimpri Chinchwad, near Pune. This initiative extends beyond waterbody conservation, it seeks to drive lasting change by fostering connections between people, nature, and education. Aligned with Mitsubishi Electric India’s commitment to the United Nations Sustainable Development…
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