Vadodara: Allegations of gold jewellery going missing from a locker at The Cosmos Co-operative Bank Ltd. branch on Waghodia Road have created concern among customers, prompting a rush to verify valuables. Nearly 1,500 locker holders inspected their lockers over the past two days, though no other losses have been reported so far. The complaint was lodged by NRI Narendrabhai Shah, who stated that 35 tolas of gold ornaments were missing from his locker. Shah has been living in the United States ...Read More

Gandhinagar: Crédit Agricole CIB today announced the launch of an IFSC Banking Unit (IBU) in Gujarat International Finance Tec-City (GIFT City) in July 2025. Crédit Agricole CIB press release stated that its new branch will serve a global clientele, encompassing local businesses and foreign firms based outside of India, with enhanced product offerings for foreign currencies denominated activities. The Bank will progressively expand its product suite, including loans, project finance, alongside...Read More

Rajkot: Union Home and Cooperation Minister Amit Shah will visit Rajkot on 22 September to inaugurate the statue of late minister Vitthal Radadiya. He will also address a cooperative bank function during his visit. Late Vitthal Radadiya's son Jayesh is heading a cooperative bank in Rajkot. He recently met with Amit Shah, photograph of which went viral amid speculations of State cabinet expansion soon. DeshGujaratRead More

Gandhinagar: State Bank of India announces the listing of its USD 500 million of “Regulation S” bonds, recently issued at a coupon rate of 4.50 per cent at NSE-IX in Gift City. The bond is priced at a spread of 75 bps over the benchmark and is listing on SGX-ST and NSE-IX. The Notes carry rating of BBB and BBB- from S&P and Fitch respectively. Commenting on the transaction, Shri Rama Mohan Rao Amara, Managing Director (IB, GM & T), SBI, said “The successful issuance of USD 500 million ...Read More

Ahmedabad: Banking operations across Gujarat are expected to come to a halt on Wednesday as over 20,000 employees from nationalised and select private sector banks participate in the one-day nationwide strike called by central trade unions. The shutdown of public sector banks is estimated to affect financial transactions worth ₹15,000 crore in the state. The strike is expected to disrupt cash transactions, cheque clearances, and customer services at both public and private sector branches. Ac...Read More