After over a century of operation and a decade of legal battles, the historic Calcutta Stock Exchange is preparing for a voluntary exit from the Indian financial ecosystem. Once a powerful rival to the Bombay Stock Exchange, CSE’s departure marks the end of an era for regional trading in India.
Category: Finance
Axis Bank Launches India’s First Gold-Backed Credit Line on UPI via Freecharge
Axis Bank, in collaboration with Freecharge, has introduced India’s first gold-backed credit line on the UPI platform. This innovative offering enables MSMEs, merchants, and self-employed individuals to access instant overdraft facilities against gold, with seamless repayments via UPI and a 100% digital journey.
Dr. Pramod Sawant Chairs EDC Limited Board Meeting; ₹77 Crore Profit Before Tax Approved for FY 2024-25
Chief Minister Dr. Pramod Sawant chaired the 405th Board Meeting of EDC Limited, approving the Consolidated Accounts for FY 2024-25. The corporation reported a revenue of ₹137 crore, expenses of ₹60 crore, and a Profit Before Tax of ₹77 crore.
Axis Bank Launches ‘Dil Se Open Celebrations 2025’ with Exciting Season-Long Festive Offers
Axis Bank has launched ‘Dil Se Open Celebrations 2025’, a pan-India festive campaign offering exclusive credit card deals, cashback, EMI offers, and special loan rates across shopping, travel, and lifestyle categories, running from September through the festive season.
Bank of Baroda Wins First Prize in Rajbhasha Kirti Puraskar for Excellence in Official Language Use
Bank of Baroda, one of India’s leading public sector banks, has received the First Prize under the Government of India’s Rajbhasha Kirti Puraskar scheme for 2024–2025. The award was presented by Union Home Minister Shri Amit Shah at the Hindi Day celebrations and Fifth All India Official Language Conference on 14 September 2025 at Mahatma Mandir, Gandhinagar.
