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RBI Imposes Penalties on Indian Bank and Mahindra & Mahindra Financial Services for Regulatory Non-Compliance

The Reserve Bank of India (RBI) has levied financial penalties on Indian Bank and Mahindra & Mahindra Financial Services Limited (MMFSL) due to identified deficiencies in regulatory compliance. Indian Bank Penalized ₹1.

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RBI Mandates Use of PRAVAAH Portal for All Regulatory Applications from May 1, 2025

The Reserve Bank of India (RBI) has mandated that, effective May 1, 2025, all banks, financial institutions, and regulated entities must exclusively use the PRAVAAH portal for submitting applications related to authorizations, licenses, and regulatory approvals…

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State Bank of India (SBI) Targets Over 1% Return on Assets in FY26 Amid Easing Rate Cycle

The State Bank of India (SBI) is committed to achieving a return on assets (RoA) exceeding 1% for the financial year 2025–26, despite anticipated challenges from a declining interest rate environment. SBI Chairman C S Setty emphasized this objective while…

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Bank of Baroda Reduces Home Loan Interest Rates to 8% for New Borrowers

In a move to make home ownership more affordable, Bank of Baroda has announced a 40 basis points reduction in its home loan interest rates for new borrowers. Effective immediately, the revised rates start from 8.

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SBI CBO 2025 Recruitment Confirmed ! 3000+ Vacancy | Know All The Details Here

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Team Knowledgist congratulates the Indian Armed Forces and the nation’s leadership on the successful execution of Operation Sindoor. The pain of Pahalgam has been avenged with unmatched courage and precision. We salute the bravery of our soldiers and the resolve of our leaders. Courage needs no justification — it speaks for itself. Jai Hind!

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