Daily Kiran

Mumbai, September 3: The Indian stock market opened positively on Thursday, with the Sensex gaining 154.60 points or 0.20% to reach 76,724.95. Meanwhile, the Nifty rose by 83.50 points or 0.36%, settling at 23,997.95. In the early trading session, banking and financial stocks led the markets upward trend. The Nifty Private Bank, Nifty PSU Bank, ... Read more Indian Stock Market Opens in Green, Banking Stocks Surge

Mumbai, September 1: India is gearing up for new customs and banking reforms aimed at achieving the ambitious goal of Developed India 2047. Finance Minister Nirmala Sitharaman shared these insights during an exclusive interview on the sidelines of the G20 finance ministers meeting. Sitharaman emphasized that the next phase will build on prior changes in ... Read more India Aims for Developed India 2047 with New Customs and Banking Reforms

Mumbai, August 27: The Indian stock market opened in the green on Thursday, buoyed by strong global signals. The Sensex rose by 103.82 points, or 0.13%, reaching 77,576.76, while the Nifty gained 69.85 points, or 0.29%, to settle at 24,277.60. Banking stocks provided significant support to the markets upward momentum during early trading. The Nifty ... Read more Indian Stock Market Opens Strong Amid Global Signals, Banking Stocks Surge

New Delhi, August 24: The United Forum of Bank Unions (UFBU), representing nine major organizations of bank employees and officials, has decided to escalate their movement over pending demands. The unions have announced a nationwide strike on September 11. UFBU shared this information on the social media platform X, warning that if there is no ... Read more Banking Unions Intensify Movement with Nationwide Strike Announced for September 11

New Delhi, August 17: Finance Minister Nirmala Sitharaman announced on Monday that a high-level committee will soon be formed to determine the role of the banking sector in realizing the vision of Developed India 2047. While addressing the opening ceremony of a two-day conference for heads of public sector banks and financial institutions in the ... Read more Finance Minister Announces High-Level Committee to Define Banking Sectors Role in Developed India 2047 Vision

New Delhi, August 6: Indian companies have reported results for the first quarter of the fiscal year 2026-27 (April-June) that surpass expectations. Despite losses in oil marketing companies (OMCs), strong performances in the banking and financial services (BFSI), metal, technology (IT), and automobile sectors have supported corporate profits. This information comes from a report by ... Read more Indian Companies Exceed Expectations in Q1 FY 2026-27, Banking and Metal Sectors Lead Growth

New Delhi, July 1: A significant opportunity has emerged for youth aspiring to build a career in the banking sector. The Institute of Banking Personnel Selection (IBPS) has released an official notification announcing the recruitment of eligible candidates for various Specialist Officer positions across different banks under the Common Recruitment Process (CRP-XVI). A total of ... Read more Major Career Opportunity in Banking: IBPS Announces Recruitment for 745 Specialist Officer Positions

Jammu, June 25: A small and remote village in the Rajouri district of Jammu and Kashmir, Bal Jarlan, has long struggled with a lack of banking services. However, significant improvements have been made in recent years, largely due to the central governments National Rural Livelihood Mission (NRLM) initiative. Under the NRLM, a Business Correspondent (BC) ... Read more Transformation in Banking Services for Rural Residents of Bal Jarlan, Jammu and Kashmir

Mumbai, June 23: The Reserve Bank of India (RBI) has injected over 1.41 lakh crore into the banking system through a seven-day Variable Rate Repo (VRR) auction to enhance temporary liquidity. According to data released by the RBI, funds were infused at a cut-off rate of 5.26 percent and a weighted average rate. This action ... Read more RBI Infuses 1.41 Lakh Crore into Banking System to Boost Liquidity

Washington, June 21: A new diplomatic agreement between Washington and Tehran allows Iran to sell its oil in the international market once again. The Trump administration announced this development, noting its potential impact on global oil prices and major oil-importing countries like India. U.S. Energy Secretary Chris Wright discussed the implications on ABCs This Week, ... Read more Controversy Erupts in U.S. Politics Over Irans Banking and Asset Relief

New Delhi, June 18: Union Home and Cooperation Minister Amit Shah chaired review meetings in New Delhi focused on national cooperative initiatives. These initiatives aim to strengthen the cooperative banking system, promote organic products through cooperative societies, and expand the global reach of cooperative products via exports. Present at the meetings were Minister of State ... Read more Amit Shah Reviews National Roadmap for Strengthening Cooperative Banking and Organic Exports

Mumbai, June 9: After experiencing significant declines for two consecutive sessions, the Indian stock market closed in positive territory on Tuesday. By the end of the trading day, the Sensex rose by 394.50 points, or 0.54%, to reach 73,918.76, while the Nifty increased by 119.10 points, or 0.52%, settling at 23,424.10. The market rally was ... Read more Indian Stock Market Recovers After Two Sessions of Decline, Banking Stocks Lead Gains

Mumbai, May 27: The banking sector will play a crucial role in advancing the vision of a developed India by promoting capital, entrepreneurship, and financial inclusion. This statement was made by CS Shetty, Chairman of the State Bank of India, on Wednesday. In his address to shareholders during the banks annual report presentation, Shetty emphasized ... Read more Banking Sector to Play Key Role in Developed India Vision: SBI Chairman

New Delhi, May 23: The State Bank of India (SBI), the largest public sector bank in India, has issued a notice urging customers to use digital banking services and alternative channels ahead of a two-day strike planned by the All India State Bank of India Staff Federation on May 25 and 26. In a post ... Read more SBI Advises Customers to Utilize Digital Banking Ahead of Upcoming Strike