In a major financial crackdown, India's Enforcement Directorate has attached assets worth ₹11.14 crore belonging to cricket icons Suresh Raina and Shikhar Dhawan as part of an ongoing money laundering investigation linked to illegal betting operations.
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.
State Bank of India's board approves IPO plans for SBI Funds Management, marking a significant move in India's mutual fund industry. The lender will divest 6.3% stake in its asset management subsidiary.
Discover why gold prices are hitting record highs as central banks and investors flock to the precious metal, reshaping the world's financial landscape amid economic uncertainty.
India's robust asset recovery system and Enforcement Directorate's efficiency receive international recognition from FATF, marking a significant milestone in the country's fight against financial crimes.
India achieves major FATF recognition for strengthening anti-money laundering framework and enhancing asset recovery capabilities in financial crime battle.
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.
Financial Action Task Force highlights India's groundbreaking achievements in asset recovery, featuring Enforcement Directorate's successful framework as international best practice.
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.
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
Fugitive businessman Vijay Mallya files fresh petition requesting banks to halt interest accumulation on already recovered loans in ongoing financial battle.
In a major setback for the Maharashtra government, the Reserve Bank of India has rejected the licence application for the state's proposed asset reconstruction company, dealing a blow to efforts aimed at tackling the massive ₹1 lakh crore stressed loans.
In a major financial crackdown, the Enforcement Directorate has attached assets valued at more than ₹7,500 crore belonging to industrialist Anil Ambani in connection with a high-stakes money laundering investigation, marking one of the largest such action
Bank of Baroda delivers stellar Q2 performance with 28% profit jump, improved asset quality, and strong loan growth. Discover how BOB outperformed private sector peers in key metrics.
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 are offloading government securities worth billions to address worsening liquidity conditions and meet surging credit demand as deposit growth lags significantly behind.
Indian banking unions unite against proposed consolidation of Union Bank, Indian Overseas Bank, and other public sector banks, citing job security and service quality concerns.
Enforcement Directorate seizes 40 high-value properties across Delhi, Mumbai, and Chennai connected to Reliance Group companies in major financial probe.
Bank of Baroda, Bank of India lead PSU bank rally amid government's consolidation push. Investors cheer potential merger of smaller state-owned lenders as stocks hit new highs.
In a major crackdown, Enforcement Directorate seizes massive assets belonging to Anil Ambani in connection with a high-profile money laundering investigation. Details inside.
Discover how rare single malt whiskeys are outperforming traditional investments, offering 10-15% annual returns and becoming the new favorite asset class for Indian investors seeking portfolio diversification.
Indian mutual fund AMCs are caught in a paradox - record AUM growth isn't translating to shareholder returns. Discover why bigger isn't always better in the ₹50 lakh crore industry.
Essential cryptocurrency security tips for Indian investors. Learn how to protect your digital assets from common mistakes and build rock-solid protection strategies.
Enforcement Directorate files PMLA case against Amrit Feeds promoter Harish Bagla for alleged ₹144.68 crore bank fraud. Multiple high-value assets seized in major financial crackdown.
India's mutual fund industry faces major disruption as SEBI proposes sweeping changes to fee structures, potentially reducing AMC profits while increasing distributor commissions. Learn how this could impact your SIP investments.
In a significant development in the INX Media money laundering case, the PMLA Tribunal has upheld the ED's order to attach properties belonging to Karti Chidambaram, son of former Finance Minister P. Chidambaram. This ruling strengthens the enforcement ag
Canara Bank reports robust Q2 FY24 performance with 19% profit growth and improved asset quality, though net interest income sees marginal decline. Key highlights and analysis inside.
In a startling environmental revelation, Indian urban centers claim 42 of the world's 50 most polluted spots, though the national capital surprises by not making the worst ten. Detailed analysis reveals which cities are breathing the most toxic air.
The Reserve Bank of India revolutionizes acquisition financing, allowing banks to fund mergers and acquisitions up to 35% of target company value. Discover how this game-changing move will reshape corporate India.
Leading asset manager 360 ONE Asset invests in Cybrilla's innovative technology platform designed to transform operations for asset management companies across India.