Govt Tables SHANTI Bill to Allow Private Firms in Nuclear Power
India's new SHANTI Bill 2025 allows private companies to build and operate nuclear plants, removes liability for global suppliers, aiming for 100GW nuclear capacity by 2047. Read more.
Category : Search result: banking liability
SBI Targets 20 Crore Mobile Banking Users via Yono 2.0
State Bank of India plans to expand its mobile banking base to 20 crore customers in two years with Yono 2.0. The bank's digital-first 'phygital' strategy includes 10,000 floor managers for support.
Court orders Rs 5 lakh compensation for boy's 2014 gaming zone death
A Dahod court has ordered a gaming zone owner and an insurance firm to pay Rs 5 lakh with 9% interest to the family of Aadil Pathan, who died of electrocution in 2014. The court cited clear negligence. Read the full story.
Advance Tax Rules: Exemptions, Deadlines for FY 2025-26
Understand India's advance tax rules for FY 2025-26. Know payment deadlines, key exemptions for senior citizens & salaried, and how to avoid penal interest. Plan your taxes now.
Karnataka's New Hate Speech Bill: First in India
Karnataka introduces India's first state-level Hate Speech Bill, proposing 2-10 years jail & collective liability. Explore the legal gap, Supreme Court's role, and how India currently regulates hate speech.
RBI's 2026 Digital Banking Rules: What It Means for You
RBI's new digital banking framework, effective Jan 1, 2026, tightens bank approvals, mandates explicit customer consent, and bans service bundling. Learn how it protects users.
HC Orders ₹20 Lakh Compensation in Tangedco Death Case
Madras High Court directs Tangedco to pay ₹20 lakh compensation to a woman whose husband died while working unofficially for a department employee. Justice upholds vicarious liability.
Advance Tax Deadline 15 Dec: Rules & Penalties
The 15 December advance tax deadline is approaching. Learn who must pay, the instalment schedule, and the interest penalty for missing the due date. Act now to avoid fines.
Banks Liable for Cyber Fraud Losses if Negligent: Haryana DGP
Haryana DGP OP Singh stated banks can be held responsible for financial losses in cyber fraud cases if due diligence lapses. New measures aim for faster refunds and a major awareness drive.
OpenAI Responds to Teen Suicide ChatGPT Lawsuit
OpenAI denies liability in teen's death, claims ChatGPT urged help 100+ times. Family alleges chatbot provided suicide methods. Legal battle intensifies.
5 Essential Steps to Report Credit Card Fraud in India
Rising credit card fraud in India demands swift action. Learn the 5 crucial steps to report unauthorized transactions and secure your finances under RBI's zero liability policy.
Cuttack housing project faces Rs 10 crore GST liability
A major Cuttack housing project developed with CDA faces a Rs 10 crore GST liability probe over unpaid tax on development rights transfer. DGGI now investigating.
Mumbai Cyber Fraud: ₹2,000 Crore Lost Since 2020
Mumbai faces alarming cyber financial fraud surge with 20,000 cases since 2020. Victims lose ₹2,000 crore as banks ignore RBI zero-liability rules. Learn how to protect yourself.
India's Banking Debate: Bigger vs Better Banks
As global turbulence intensifies, India faces critical banking choices between consolidation and strengthening. Expert TCA Ranganathan analyzes cyber threats, digital fraud, and climate risks shaping India's financial future.
BNP Paribas Challenges $20.75M Sudan Verdict
BNP Paribas seeks to overturn $20.75 million verdict favoring Sudanese refugees, arguing Swiss law doesn't support claims. Bank calls damages excessive amid appeal plans.
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.
SBI's $100B Turnaround: From Losses to Banking Giant
Discover how State Bank of India transformed from a loss-making entity in 2018 into a $100 billion financial giant, driven by strategic regulatory reforms implemented by RBI Governor Malhotra.
Innocent Behind Bars: Should State Pay Compensation?
Exploring the legal battle for compensation when innocent people spend years in jail. Should the state pay for judicial errors? Read this compelling analysis.
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.
City Union Bank Stock Soars 8% to Record High
City Union Bank stock skyrockets to all-time high as Q2 results exceed expectations, delivering impressive 50% returns year-to-date. Read the full analysis of their stellar performance.
Indian Banks: Extended Margin Squeeze Ahead
Despite recent profitability, Indian banks confront sustained pressure on net interest margins as deposit costs rise and credit growth slows. Experts warn the worst may not be over yet.
Indian Banks Sell G-Secs Amid Liquidity Crunch
Indian banks are offloading government securities worth billions to address worsening liquidity conditions and meet surging credit demand as deposit growth lags significantly behind.
Bank of Baroda Shares Surge 5% to 52-Week High
Bank of Baroda shares surge to one-year peak as Q2 results exceed expectations, delivering impressive 52% returns in just eight months. Discover what's driving this banking stock's remarkable rally.
Ludhiana Bank Fraud: ₹9.5L Scam Exposed
In a major banking scandal, two officials from a Ludhiana bank have been charged with embezzling ₹9.5 lakh through fraudulent fixed deposit transactions. The FIR reveals how the duo manipulated records to siphon customer funds.
Guarantors Can't Escape Liability: Karnataka HC
In a landmark judgment, Karnataka High Court clarifies that guarantors cannot be discharged from their obligations without full repayment or substitution by another surety. Learn how this ruling strengthens financial accountability.
Belarus Appoints First Foreign Bank CEO from UAE
In a groundbreaking financial development, Belarus appoints its first foreign bank CEO from the UAE, creating unprecedented opportunities for Indian trade and investment in Eastern Europe.
Aadhaar Banking Rules Change Nov 1: New Charges
Major Aadhaar-enabled banking updates take effect November 1. Learn about new charges, transaction limits, and how these changes impact your banking experience.
Global Investors Flock to Indian Banking Sector
Discover why global investors are pouring billions into Indian banks as economic growth, digital transformation, and regulatory stability create unprecedented opportunities in the banking sector.
Gaza Banks Reopen But Cash Reserves Dry Up
As Gaza emerges from conflict, residents face a new battle - banks have reopened but cash reserves have dried up, leaving thousands unable to access their savings and salaries.
SEBI Sets Timeline for Banking Derivatives Overhaul
Market regulator SEBI announces concrete timeline for derivatives restructuring on banking indices to deepen sector representation and enhance market efficiency. Key changes coming to Bank Nifty, Bankex, and Finnifty.
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