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March 31 Bank Alert: Key Transactions to Be Affected on Fiscal Year-End in 2025

Imagine racing to make an urgent fund transfer on March 31, only to find that your bank is open, but critical transactions aren’t going through. That could be a reality for many this year, as March 31, 2025, marks the last day of the financial year—and it comes with banking limitations that could impact individuals and businesses alike. While banks across India will remain operational on March 31, customers should be aware that many essential financial services may not function as

Finance & Economics

28 Mar 2025 04:34 AM 1.35k views

March 31 Bank Alert: Key Transactions to Be Affected on Fiscal Year-End in 2025

Imagine racing to make an urgent fund transfer on March 31, only to find that your bank is open, but critical transactions aren’t going through. That could be a reality for many this year, as March 31, 2025, marks the last day of the financial year—and it comes with banking limitations that could impact individuals and businesses alike. While banks across India will remain operational on March 31, customers should be aware that many essential financial services may not function as

Finance & Economics

IDBI Bank Recruitment 2025: Apply for Chief Economist, Data Analytics Head, and Deputy CTO Posts

IDBI Bank has announced its Recruitment 2025 drive to fill key leadership roles in the organization. The Industrial Development Bank of India (IDBI) is inviting applications for three positions: Chief Economist, Head - Data Analytics, and Deputy Chief Technology Officer (Channels). These positions will be offered on a contract basis. Vacancy Details and Key Roles The following posts are open for applications in the IDBI Bank Recruitment 202

Careers

12 Mar 2025 08:24 AM 2.15k views

IDBI Bank Recruitment 2025: Apply for Chief Economist, Data Analytics Head, and Deputy CTO Posts

IDBI Bank has announced its Recruitment 2025 drive to fill key leadership roles in the organization. The Industrial Development Bank of India (IDBI) is inviting applications for three positions: Chief Economist, Head - Data Analytics, and Deputy Chief Technology Officer (Channels). These positions will be offered on a contract basis. Vacancy Details and Key Roles The following posts are open for applications in the IDBI Bank Recruitment 202

Careers

DBS to Cut 4,000 Jobs Over AI Automation, Plans 1,000 New AI Roles as Banking Industry Transforms

DBS Group, Southeast Asia’s largest bank, has announced plans to reduce its workforce by 4,000 employees over the next three years due to the increasing adoption of artificial intelligence (AI) and automation in banking operations. The move, confirmed by outgoing CEO Piyush Gupta, signals a major transformation in the financial sector, where AI-driven efficiencies are gradually replacing traditional job roles. Speaking at an industry conference in Mumbai, Gupta r

Business

25 Feb 2025 08:51 AM 1.82k views

DBS to Cut 4,000 Jobs Over AI Automation, Plans 1,000 New AI Roles as Banking Industry Transforms

DBS Group, Southeast Asia’s largest bank, has announced plans to reduce its workforce by 4,000 employees over the next three years due to the increasing adoption of artificial intelligence (AI) and automation in banking operations. The move, confirmed by outgoing CEO Piyush Gupta, signals a major transformation in the financial sector, where AI-driven efficiencies are gradually replacing traditional job roles. Speaking at an industry conference in Mumbai, Gupta r

Business

Hidden Charges in Personal Loans: Key Fees That Increase Your EMI and Reduce Disbursed Amount

Personal loans are often marketed as quick and hassle-free financial solutions, but borrowers are frequently caught off guard by hidden charges that increase the total cost of borrowing. While interest rates are clearly disclosed, additional fees, penalties, and deductions can reduce the actual loan amount disbursed and increase monthly EMIs.Lenders often do not fully disclose these fees upfront, making it essential for borrowers to understand all associated charges before finalizing their lo

Business

25 Feb 2025 08:51 AM 1.68k views

Hidden Charges in Personal Loans: Key Fees That Increase Your EMI and Reduce Disbursed Amount

Personal loans are often marketed as quick and hassle-free financial solutions, but borrowers are frequently caught off guard by hidden charges that increase the total cost of borrowing. While interest rates are clearly disclosed, additional fees, penalties, and deductions can reduce the actual loan amount disbursed and increase monthly EMIs.Lenders often do not fully disclose these fees upfront, making it essential for borrowers to understand all associated charges before finalizing their lo

Business

HSBC Appoints Pam Kaur as First Female CFO in Bank's History

HSBC Holdings Plc has made history by appointing Pam Kaur as its first female chief financial officer (CFO), a landmark decision for the bank founded over 150 years ago by a Scotsman. At 60, Kaur brings nearly four decades of banking experience, with a strong focus on auditing, risk management, and compliance. Kaur joined HSBC in April 2013 as the head of internal audit, shortly after the bank faced scrutiny for anti-money laundering and sanctions violations, resulting in a deferred

Global News

23 Oct 2024 07:42 AM 1.28k views

HSBC Appoints Pam Kaur as First Female CFO in Bank's History

HSBC Holdings Plc has made history by appointing Pam Kaur as its first female chief financial officer (CFO), a landmark decision for the bank founded over 150 years ago by a Scotsman. At 60, Kaur brings nearly four decades of banking experience, with a strong focus on auditing, risk management, and compliance. Kaur joined HSBC in April 2013 as the head of internal audit, shortly after the bank faced scrutiny for anti-money laundering and sanctions violations, resulting in a deferred

Global News

HDFC Bank to Sell ₹9,062 Crore in Car Loans Through Pass-Through Certificates

HDFC Bank Ltd, India's largest private sector lender, is set to sell ₹9,062.38 crore worth of car loans, amounting to 1,08,711 loans, as part of its strategy to address its increasing credit-deposit ratio. The bank will execute this sale using a financial instrument known as 'pass-through certificates' (PTCs), which provide fixed income to holders from a pool of assets like loans. According to insiders, this transaction may represent the largest PTC sale in India to date.

Business

19 Sep 2024 04:53 AM 1.24k views

HDFC Bank to Sell ₹9,062 Crore in Car Loans Through Pass-Through Certificates

HDFC Bank Ltd, India's largest private sector lender, is set to sell ₹9,062.38 crore worth of car loans, amounting to 1,08,711 loans, as part of its strategy to address its increasing credit-deposit ratio. The bank will execute this sale using a financial instrument known as 'pass-through certificates' (PTCs), which provide fixed income to holders from a pool of assets like loans. According to insiders, this transaction may represent the largest PTC sale in India to date.

Business

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#ai-in-banking

March 31 Bank Alert: Key Transactions to Be Affected on Fiscal Year-End in 2025

March 31 Bank Alert: Key Transactions to Be Affected on Fiscal Year-End in 2025

IDBI Bank Recruitment 2025: Apply for Chief Economist, Data Analytics Head, and Deputy CTO Posts

IDBI Bank Recruitment 2025: Apply for Chief Economist, Data Analytics Head, and Deputy CTO Posts

DBS to Cut 4,000 Jobs Over AI Automation, Plans 1,000 New AI Roles as Banking Industry Transforms

DBS to Cut 4,000 Jobs Over AI Automation, Plans 1,000 New AI Roles as Banking Industry Transforms

Hidden Charges in Personal Loans: Key Fees That Increase Your EMI and Reduce Disbursed Amount

Hidden Charges in Personal Loans: Key Fees That Increase Your EMI and Reduce Disbursed Amount

HSBC Appoints Pam Kaur as First Female CFO in Bank's History

HSBC Appoints Pam Kaur as First Female CFO in Bank's History

HDFC Bank to Sell ₹9,062 Crore in Car Loans Through Pass-Through Certificates

HDFC Bank to Sell ₹9,062 Crore in Car Loans Through Pass-Through Certificates

Ajay Kumar Bhalla Sworn in as 19th Governor of Manipur

Nico Hulkenberg Snubbed After British GP Podium Win

Rare Twin-Headed Snake Thrives at Berkeley Pet Facility

Nandamuri Balakrishna Pays ₹7.75 Lakh for Fancy Car Number TG09 F0001 at RTO Auction

Raksha Bandhan 2025: India Date, Shubh Muhurat, Rituals & Celebrations You Need to Know

Impact of U.S. Immigration Crackdowns: Rising Food Prices and Struggling Industries

"Revitalizing Andhra Pradesh: The Leadership of Naidu and Modi"

The India-Inspired Foreign Policy Shift Under Trump 2.0

2025’s Most Charming Zodiac Men: Who’s Set to Win Hearts?

Government Mandates Aadhaar for Disability Skill Development Scheme

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Ajay Kumar Bhalla Sworn in as 19th Governor of Manipur

Nico Hulkenberg Snubbed After British GP Podium Win

Rare Twin-Headed Snake Thrives at Berkeley Pet Facility

Nandamuri Balakrishna Pays ₹7.75 Lakh for Fancy Car Number TG09 F0001 at RTO Auction

Raksha Bandhan 2025: India Date, Shubh Muhurat, Rituals & Celebrations You Need to Know

Impact of U.S. Immigration Crackdowns: Rising Food Prices and Struggling Industries

"Revitalizing Andhra Pradesh: The Leadership of Naidu and Modi"

The India-Inspired Foreign Policy Shift Under Trump 2.0

2025’s Most Charming Zodiac Men: Who’s Set to Win Hearts?

Government Mandates Aadhaar for Disability Skill Development Scheme

#ai-in-banking

March 31 Bank Alert: Key Transactions to Be Affected on Fiscal Year-End in 2025

March 31 Bank Alert: Key Transactions to Be Affected on Fiscal Year-End in 2025

IDBI Bank Recruitment 2025: Apply for Chief Economist, Data Analytics Head, and Deputy CTO Posts

IDBI Bank Recruitment 2025: Apply for Chief Economist, Data Analytics Head, and Deputy CTO Posts

DBS to Cut 4,000 Jobs Over AI Automation, Plans 1,000 New AI Roles as Banking Industry Transforms

DBS to Cut 4,000 Jobs Over AI Automation, Plans 1,000 New AI Roles as Banking Industry Transforms

Hidden Charges in Personal Loans: Key Fees That Increase Your EMI and Reduce Disbursed Amount

Hidden Charges in Personal Loans: Key Fees That Increase Your EMI and Reduce Disbursed Amount

HSBC Appoints Pam Kaur as First Female CFO in Bank's History

HSBC Appoints Pam Kaur as First Female CFO in Bank's History

HDFC Bank to Sell ₹9,062 Crore in Car Loans Through Pass-Through Certificates

HDFC Bank to Sell ₹9,062 Crore in Car Loans Through Pass-Through Certificates

Ajay Kumar Bhalla Sworn in as 19th Governor of Manipur

Nico Hulkenberg Snubbed After British GP Podium Win

Rare Twin-Headed Snake Thrives at Berkeley Pet Facility

Nandamuri Balakrishna Pays ₹7.75 Lakh for Fancy Car Number TG09 F0001 at RTO Auction

Raksha Bandhan 2025: India Date, Shubh Muhurat, Rituals & Celebrations You Need to Know

Impact of U.S. Immigration Crackdowns: Rising Food Prices and Struggling Industries

"Revitalizing Andhra Pradesh: The Leadership of Naidu and Modi"

The India-Inspired Foreign Policy Shift Under Trump 2.0

2025’s Most Charming Zodiac Men: Who’s Set to Win Hearts?

Government Mandates Aadhaar for Disability Skill Development Scheme

Popular Cities