Latest Daily News: Today’s Banking, Financial and Economic News

On Sunday evening, the body of a Punjab National Bank (PNB) employee was found inside a locked room in Syanj Bazaar, under Gohar subdivision of Mandi district, Himachal Pradesh.

State Bank of India (SBI), India’s largest public sector bank, has announced huge vacancy, with plans to recruit approximately 3,500 officers.

Iran has declared one of its largest private banks, Ayandeh Bank, bankrupt, and transferred all its assets to the state-owned Melli Bank, according to official reports.

From October 1, 2025, banks have been allowed to reassess and reduce home loan interest rate spread whenever credit profile of a customer improves. This means if credit score has gone up or debts have reduced — customers can now request bank to lower EMI instead of waiting for years. If we try to understand… Read more: RBI Gives Big Relief to Home Loan Borrowers! Now You Can Get Lower Interest Rates if Your Credit Score Improves Even after Taking Loan

The RBI has released new guidelines for Gold and Silver Loans. The Reserve Bank of India (Lending Against Gold and Silver Collateral) Directions, 2025, has laid down rules for silver-backed loans. RBI has asked banks to comply with these norms by April 1, 2026.

The Reserve Bank of India (RBI) has introduced new rules called the “Lending Against Gold and Silver Collateral Directions, 2025.” These guidelines allow banks and financial institutions to provide loans not only against gold, as was already permitted, but also against silver.

Canara Bank has released vacancy for the post of MD&CEO. The Last date for submitting the completed online application is November 20, 2025 by 5:00 pm IST.

The ED’s investigation began on the basis of a predicate offence registered by the Anti-Corruption Bureau (ACB), Jamshedpur, after Junior Engineer Suresh Prasad Verma was caught accepting a bribe. During the follow-up searches, the ACB seized ₹2.67 crore in cash from premises linked to Veerendra Kumar Ram, the then Chief Engineer of the department.

The Special Judge, CBI Court, Hyderabad, Telangana has convicted and sentenced T. Chandrakanth, the then Senior Manager, Corporation Bank, Banjara Hills Branch, Hyderabad, Telangana to Two Years Rigorous Imprisonment (RI)

According to a report by The Washington Post, officials in India’s Finance Ministry helped speed up a plan for the Life Insurance Corporation of India (LIC) to invest about $3.9 billion in Adani Group companies, even though they knew the investments were risky. This happened when the Adani Group was struggling to get loans from… Read more: Government pushed LIC to invest $3.9 Billion in Adani Group? What’s the Truth

As per sources, Kotak Bank could become a front runner in the race for IDBI Bank, as it is the only domestic contender to buy the government’s stake.

Private sector bank – Federal Bank announced that global private equity giant Blackstone will invest ₹6,196.51 crore in the bank to acquire a 9.99% stake.

IIBF has introduced Case Study Writing Competition 2025. Winner will get a cash prize of Rs.1 Lac. Overall three best case studies will be rewarded and provided cash prize.

The IIBF conducts examinations for its flagship courses, namely Junior Associate of Indian Institute of Bankers (JAIIB), Certified Associate of Indian Institute of Bankers (CAIIB), Diploma in Banking & Finance (DB&F), and various Diploma/Certificate programmes, twice a year on a half yearly basis.

Orkla India IPO Last Date, Price & Prospectus PDF

RBI has issued a circular directing banks and financial institutions to update their systems as per the latest UNSC sanctions list under Section 51A of the UAPA Act. The update involves one individual linked to ISIL and Al-Qaida.

Online Registration for the Diploma / Certificate examinations (Physical Classroom-based online examinations) have started from 01st October 2025. The last date for registration is 26th October 2025.

Lokpal of India is under backfire – not for the cases but for purchasing BMW cars. Recently, Lokpal has released a tender to purchase 7 BMW cars.

In Alwar, an Assistant Sub-Inspector (ASI) assaulted an insurance company manager and his father. He is also accused of abusing them and slapping the manager. The incident occurred around 10 pm on Wednesday night, just 50 meters from the NEB police station. CCTV footage of the incident has gone viral on social media.

The government has clarified that only a Joint Secretary or DGP can direct the removal of social media content, reinforcing the rules for oversight and accountability.