Hyderabad Police Commissioner VC Sajjanar met RBI Governor Sanjay Malhotra, proposing a centralised database and real-time 'mule-hunter' tool to stop financial frauds fueled by accounts opened for Rs 2,000-5,000. Read the full story.
Morbi police arrest a labourer for renting his bank accounts, used to route Rs 93 lakh from cyberfraud across 9 states. Details on the 'mule account' racket and ongoing Operation Mule Hunt.
A 22-year-old IDBI Bank employee in Gurgaon was arrested for opening fraudulent accounts used by a gang that duped people in an old coins scam. Over 40 bank officials have been arrested since October 2024.
Surat police arrest 41 cyber fraudsters in Operation Mule Hunt, uncovering Rs 8.80 crore scam routed through mule accounts. Details on the massive crackdown inside.
Two Indian Bank employees in Rajkot face charges for misappropriating pledged gold worth Rs 64 lakh. The accused, who controlled the locker keys, were transferred after an internal probe. Police investigation is ongoing.
Global markets brace for key decisions from the BOE, ECB, and BOJ. Dollar holds firm as UK inflation surprise boosts BOE rate cut bets. Trump hints at dovish future Fed chair. Full analysis inside.
Delhi Police has arrested eight individuals in two separate cases for allegedly supplying mule and corporate bank accounts to cybercriminals, unravelling organised online fraud networks. Read the full investigation details.
Gujarat CID's cyber unit uncovers a massive financial crime network using fake apps & mule accounts to launder hundreds of crores. Learn how the scam works and how to stay safe.
A 25-year-old in Ahmedabad faces legal action after allowing a friend to use his bank account for a commission, linked to cyberfraud worth lakhs. Read the full story.
Junagadh police arrest monk Kalyangiri for orchestrating a cyberfraud network using rented bank accounts. Over Rs 41 lakh linked to eight complaints. Read the full investigation details.
HDFC Bank subsidiaries get RBI approval to acquire up to 9.5% stake in IndusInd Bank. The move signals strong support for the lender. Read the full details here.
Ahmedabad court rejects bail for Anil Karavadra, accused of being a mule account holder in a Rs 17 lakh cyber fraud. The scam involved a fake police officer and a 'digital arrest'. Read the full details.
Banks will be closed for four days next week from 8-14 Dec 2025, but only in specific states. Check the full list of holidays for SBI, PNB, HDFC, ICICI and online banking options.
The Reserve Bank of India has given in-principle approval for Fino Payments Bank to transition into a small finance bank. This marks a major milestone for the 18-year-old company. Read more about the implications and Fino's unique strategy.
The 7th All India Defence Accounts Chess Tournament concluded in Chandigarh with the Jammu team emerging victorious. Read about the winners and spirited performances.
Gujarat CID arrests six for providing 270 mule bank accounts to Dubai syndicate, linked to 1,549 cybercrime cases. Discover how the nationwide digital fraud network operated.
Yes Bank and Union Bank of India set to join NSE's Nifty Bank index, expanding it to 14 stocks. New SEBI rules trigger $670M outflows from HDFC, ICICI Bank. Read the full analysis.
US President Trump launches new child wealth-building accounts with a $1,000 govt seed. Dell's $6.25B donation expands reach. Learn eligibility, key dates, and growth potential.
Surat cybercrime police arrest two masterminds from Ahmedabad & Surat in an Rs 800 crore online fraud. Discover how they operated from Vietnam and were caught. Read the full investigation details.
Bombay High Court freezes Rs 34 lakh transferred by a man to his mother and brother, calling it a systematic attempt to avoid paying maintenance to his wife and daughter. Read the full details.
Supreme Court mandates CBI to lead a nationwide investigation into 'digital arrest' cyber fraud, coordinating with Interpol and targeting mule accounts. Read the full details.
Financial criminals are now exploiting small business and current accounts as mule accounts to move illegal money, evading stricter checks on retail savings accounts. Learn how startups are helping banks fight back.
Learn how to open a bank account online in India with our easy 2025 guide. Get step-by-step instructions, required documents, and tips for a seamless digital banking start.
Punjab National Bank closes applications for 750 Local Bank Officer posts today. Check eligibility, pay scale, and how to apply online at pnb.bank.in before the deadline.
India plans new public sector bank mergers to create global-sized lenders. While aiming to fund major projects, the move raises concerns over heightened systemic risk and concentration. Can India achieve scale without amplifying vulnerabilities?
Over 98,000 bank accounts with Rs 48.83 crore remain unclaimed in Palamu district for 10 years. RBI holds funds as government launches campaign to reunite money with rightful owners.
Rourkela cyber police dismantle organized crime network involving bank employees in money laundering scheme. Four arrested for operating mule bank accounts for cybercriminals across India.
Banks in Itanagar, Kohima, and Panaji will remain closed next week for state holidays. Check complete December 2025 bank holiday calendar and available online services.
Enforcement Directorate uncovers massive money laundering scheme where bike taxi driver's account processed ₹331 crore, funding politician's luxury wedding. Read shocking details.
Banks remain operational across India on November 29, 2025, being the fifth Saturday. Check regional exceptions in Arunachal Pradesh and Nagaland. Plan your banking activities accordingly.