Bommai: Banks Must Use Local Deposits for Regional Development
Haveri MP Basavaraj Bommai pushes banks to boost local lending, reviews key schemes, and sets a high credit-deposit target for Gadag district. Read more.
Haveri MP Basavaraj Bommai pushes banks to boost local lending, reviews key schemes, and sets a high credit-deposit target for Gadag district. Read more.
Bomb threat emails triggered panic and a full evacuation at the Karnataka High Court bench in Dharwad and district courts in Gadag and Bagalkot on January 6, 2026, suspending all proceedings.
Bomb threat emails triggered panic and a full evacuation at Dharwad High Court and district courts in Gadag & Bagalkot on Jan 6, 2026, suspending all proceedings. Read for details.
In a worrying sign, only 700-1,200 Bar-headed geese remain at a Gadag lake, a drastic drop from the usual 7,000. Their early exit points to ecological distress. Read more on this wildlife mystery.
RBI data reveals PSU bank employees generated a median profit of ₹19.6 lakh in FY25, surpassing private banks. Discover the factors behind this productivity surge.
Lingayat organisations in Gadag break silence on Manya Patil's honour killing, observe Repentance Day with Dalit groups. Demands for justice grow as community leaders condemn caste violence.
The Reserve Bank of India holds the 7th spot among the world's largest central banks by assets in 2025, as per BIS data. Discover the full top 10 list and key insights.
A century-old government primary school in Gadag's Pethalur village gets a massive facelift through community & CSR efforts, boosting student strength from 140 to 220. Read how they did it without education dept funds.
RBI data shows a 30% surge in banking fraud amounts to Rs 21,515 crore in H1 FY26, even as the number of cases fell sharply. Public sector banks bore the brunt of the value. Read the full analysis.
Gadag police arrested Veeranna P Beelagi for posting a life-threatening video against Minister HK Patil. The FIR was filed by a Congress functionary. Details inside.
HSBC India CEO Hitendra Dave unveils ambitious plan to become a top-5 private bank, leveraging RBI approval for 20 new branches to target affluent customers and fast-growing cities.
Shares of state-owned banks fell sharply after the government clarified it is not considering raising the FDI limit in PSU banks from 20%. Get the full market analysis here.
Top Chinese banks, including ICBC and AgBank, have removed high-interest 5-year certificates of deposit to cut costs. This move aims to ease pressure on record-low profit margins as lenders support the economy. Learn the implications for savers and the ba
Banks in Panaji, Goa, are closed on Wednesday, December 3, 2025, for the Feast of St. Francis Xavier. Check the city-wise operational status and available digital banking services.
Students in Gadag district engage in 15-month arts projects on bird ecology and local printing, funded by India Foundation for Arts. Their creative learnings will be showcased through exhibitions and publications.
PSU bank chiefs warn RBI of a 70-bps margin squeeze as loans reprice instantly with repo rate cuts, but deposit rates lag. Key asymmetry threatens profitability.
Bokaro Deputy Commissioner Ajay Nath Jha reprimands banks for failing to meet targets in key government welfare schemes. Show-cause notices issued for non-performance. Read more.
The government has ruled out any plans to restructure or merge public sector banks. Get details on FDI limits, IDBI Bank disinvestment, and RRB performance.
Finance Ministry tells Lok Sabha no PSB merger proposals are under consideration. IDBI Bank strategic sale advances to due diligence stage by shortlisted bidders. Details inside.
Indian govt names 15 Fugitive Economic Offenders, including Vijay Mallya & Nirav Modi, owing ₹58,082 crore to PSBs. Details on recovery & list inside.
Magadi Lake in Gadag, Karnataka, witnesses the grand return of over 4,000 bar-headed geese, one of India's largest congregations of the migratory species. Discover the significance of this annual avian spectacle.
Banks in Nagaland and Arunachal Pradesh remain closed today for State Inauguration Day and Indigenous Faith Day. Check December 2023 holiday calendar and plan your banking activities accordingly.
The UAE government has waived over AED 475 million in debts for 1,435 Emiratis. This major financial relief initiative, announced ahead of National Day, aims to support citizens' well-being and family stability.
Canara Bank's ₹3,500 crore AT-1 bond issue breaks year-long silence in perpetual bond market, paving way for other state-run banks to follow with capital raises.
Indian Bank's remarkable turnaround from NPA crisis delivers 601% returns in a decade, outpacing Sensex. Discover how reforms and digital transformation fueled this multibagger performance.
Public sector bank CEOs must personally oversee top 20 pending NCLT cases and 10 resolution accounts. DFS Secretary Nagaraju urges swift action for better recoveries through IBC ecosystem.
US regulators ease capital rules for major banks, freeing $219B for subsidiaries. Fed officials divided on move affecting Treasury market stability. Read analysis.
India's retail credit momentum remains robust with gold loans growing 35.8% YoY and large-ticket personal loans dominating. PSU banks gain market share as festive season boosts lending.
Public sector banks stage strong comeback with Nifty PSU Bank index surging 1.8%. Indian Bank leads with 65% returns as SBI crosses ₹9 lakh crore market cap. Discover the driving factors behind this impressive rally.
UK lenders including Barclays and Lloyds surged 3% after reports Chancellor Rachel Reeves won't raise bank taxes in Wednesday's budget. Banks urged to endorse economic plans.