Small Urban Cooperative Banks Seek Digital Services Access
NUCFDC plans to request RBI permission for smaller urban cooperative banks with net worth below ₹50 crore to offer digital banking services, aiming to boost financial inclusion.
Category : Search result: George Banks death
Kolkata woman dies in Bhopal hotel, needle marks found
Pratyusha Gupta, 25, from Kolkata died under suspicious circumstances in a Bhopal hotel. Police found needle marks, suspect drug link. Investigation ongoing.
Indian Banks' AI Dilemma: Costs Up 40%, Risks Growing
Indian banks face rising AI implementation costs up to 40% while cybersecurity risks escalate. S&P Global Report reveals critical challenges in digital transformation journey. Learn how banks are navigating this complex landscape.
Public Sector Banks Show Strong H1 FY26 Performance
Public sector banks reported robust ₹93,675 crore net profit in H1 FY26 with NPA ratio falling to 2.30%. Finance ministry reviews digital transformation and government schemes progress.
Startup Loan Portal Launched with ₹20 Crore Guarantee
Indian startups can now access loans up to ₹20 crore via the Jan Samarth portal. The platform ensures faster processing and offers special interest concessions for women entrepreneurs.
Govt directs PSBs to ramp up MSME, agriculture lending
Finance Ministry urges public sector banks to increase credit flow to MSMEs and agriculture while maintaining strong risk management and digital expansion. Key initiatives reviewed.
India's banking expansion: Size isn't everything
India aims to create global banking giants, but experts warn size alone doesn't ensure better outcomes. Learn why commercial logic should drive mergers, not policy mandates.
Cooperative Banks Coming to All Cities Over 2 Lakh Population
Union Home Minister Amit Shah announces cooperative banks for all cities with 2+ lakh population. Plan aims to strengthen financial inclusion & cooperative sector. Read details.
HIV Contaminated Blood Scandal: Jharkhand HC Hearing
Jharkhand High Court investigates contaminated blood transfusion causing HIV in children. Blood banks continue demanding replacement donors despite court orders. Next hearing November 19.
NUCFDC to seek SRO status from RBI by January
National Urban Cooperative Finance Corporation plans to apply for Self-Regulatory Organisation status from RBI by early January after crossing ₹300 crore capital threshold, enabling new financial services for cooperative banks.
Maharashtra approves ₹827 crore for 3 cooperative banks
Maharashtra government approves ₹827 crore capital infusion for Nashik, Nagpur & Dharashiv cooperative banks to strengthen rural credit flow. Opposition criticizes timing during election code.
PSU Bank Stocks Rally 500%: Merger Wave Fuels Growth
India's PSU banks stage stunning 500% rally in 5 years, outpacing private peers. Foreign investment floods banking sector as consolidation rumors swirl. Discover the forces driving this financial transformation.
RBI Current Account Rules Divide Private and Public Banks
RBI's new current account restrictions for large borrowers create division between private and public sector banks. Private banks fear losing cheap funds while PSBs stand to gain. Read full analysis.
RBI's Calculated Courage: Banking Norms Eased for Growth
Exclusive insights from RBI's Malhotra on the careful balance between caution and courage that led to relaxed infrastructure lending norms for banks. Discover how this strategic shift impacts India's economic growth.
Wangala Festival Bank Holiday: Are Banks Open Today?
Planning to visit the bank today? Check our comprehensive guide to see if banks are open in your city due to the Wangala Festival holiday on November 10, 2023.
DBS retrains tellers as AI bankers in Singapore
Singapore's DBS Bank is radically transforming its workforce, retraining traditional tellers as AI-powered relationship managers. Discover how artificial intelligence is reshaping banking careers.
US Regional Banks Avoid Proxy Fights with Activist Investor
Citizens Financial and Webster Bank strategically sidestep potential proxy fights with activist investor Holdco, showcasing proactive governance in turbulent banking sector.
Marshawn Kneeland Cause of Death Revealed at 24
The official cause of death for Marshawn Kneeland, the promising 24-year-old NFL defensive end, has been released. Details emerge about the tragic circumstances surrounding his untimely passing.
Central Banks End Rate Cut Era: Market Impact
Global monetary policy undergoes seismic shift as major central banks signal end to easing cycle. Discover what this means for markets, inflation, and your investments.
India Needs Multiple World-Class Banks: FM
Finance Minister Nirmala Sitharaman pushes for banking sector transformation, emphasizing India's need for multiple large, world-class banks to support its expanding economy and compete globally.
Sitharaman Unveils Banking Reforms & AI Regulation
Finance Minister Nirmala Sitharaman announces transformative banking reforms, AI regulation framework, and GST simplification to fuel India's economic growth at SBI Conclave.
India Needs World-Class Banks: FM Sitharaman
Finance Minister Nirmala Sitharaman announces strategic discussions with RBI and banks to create large-scale, globally competitive Indian banking institutions that can drive economic growth.
CBI to probe ex-Punjab DGP's son mysterious death
The Central Government orders CBI investigation into the mysterious death of former Punjab DGP Mohammed Mustafa's son in Panchkula. Get the latest updates on the high-profile case.
Bank Unions Oppose FM's Privatisation Remarks
Indian banking unions strongly oppose FM Nirmala Sitharaman's privatisation remarks, demand strengthening of public sector banks instead. Latest updates on the banking sector debate.
PSU Banks Record ₹49,456 Cr Profit in Q2
India's public sector banks achieve historic quarterly profits with 9% growth, driven by reduced bad loans and improved interest income. Discover how state-owned lenders are transforming their financial landscape.
Court: No Interest on Recovered Mallya Funds
In a landmark judgment, Karnataka High Court rules banks cannot charge interest on already recovered amounts from Vijay Mallya's defunct Kingfisher Airlines, setting a crucial precedent for banking recovery practices.
Bank Holiday Nov 5: Guru Nanak Jayanti Banking Schedule
Planning your banking for Wednesday? Here's everything you need to know about bank operations on Guru Nanak Jayanti holiday across India.
George Banks, 1982 Wilkes-Barre Massacre Killer, Dies at 83
George Banks, the perpetrator of one of Pennsylvania's deadliest mass shootings in 1982 that claimed 13 lives including his own children, has died in prison at age 83. Explore the haunting details of the Wilkes-Barre massacre that continues to echo throug
Mallya Urges Court: Stop Bank Interest on Recovered Loans
Fugitive businessman Vijay Mallya files fresh petition requesting banks to halt interest accumulation on already recovered loans in ongoing financial battle.
Election Day 2025: What's Open on November 4?
Complete guide to US Election Day 2025 operations: Find out which banks, post offices, UPS, FedEx and government services remain open or closed on November 4.
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