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.
Former US President Donald Trump declines to commit to resuming underground nuclear tests in explosive interview, raising global concerns about nuclear proliferation.
Former President Donald Trump signals potential return to underground nuclear testing, marking significant shift in US nuclear policy and global security landscape.
Former President Donald Trump hints at resuming underground nuclear tests during private donor event, raising concerns about nuclear proliferation and international stability.
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.
Major Aadhaar-enabled banking updates take effect November 1. Learn about new charges, transaction limits, and how these changes impact your banking experience.
In a landmark decision, the Indian government has exempted pilot projects for Underground Coal Gasification from environmental clearance requirements, accelerating clean coal technology development.
In a major regulatory overhaul, India exempts pilot underground coal gasification projects from environmental clearance to boost energy innovation and reduce import dependency.
A former bank manager faces CBI custody in Mumbai for allegedly cheating customers of crores. ED investigates money laundering angle in the banking fraud case.
In a strategic banking sector reform, Union Bank of India and Indian Bank receive RBI approval to merge overseas operations. This landmark decision enhances international presence across 13+ countries including UK, UAE, and Hong Kong.
In a landmark banking sector consolidation, Huntington Bancshares acquires Cadence Bank for $7.4 billion through an all-stock transaction, significantly expanding its presence across the lucrative Southern US markets.
Kotak Mahindra Bank faces investor disappointment as it pushes back its return on equity target to FY26. Discover how capital adequacy challenges and regulatory pressures are reshaping India's banking landscape.
Discover why Axis Bank is generating buzz as a potential value stock in India's banking sector. Expert analysis on growth prospects, financial metrics, and market positioning.
Latest RBI data shows non-food credit growth hitting multi-year highs at 16.1%, signaling strong economic revival. Industrial credit accelerates while services sector leads expansion.
ICICI Bank extends Sandeep Bakhshi's tenure as CEO for another year amid market speculation about leadership stability and RBI's role in banking talent management.
State Bank of India announces massive recruitment drive for 3,500 officers this year with strong focus on gender diversity. Banking sector shows robust job growth amid economic expansion.
Bengaluru embarks on revolutionary underground tunnel project that promises to slash travel time, reduce congestion significantly, and preserve the iconic Lalbagh Botanical Garden from construction damage.
State Bank of India launches recruitment drive for 18,000 positions including officers, clerks & junior associates with strong focus on gender diversity and women employment.
Kotak Mahindra Bank reports robust Q2 FY26 performance with consolidated profit reaching ₹4,468 crore. Strong growth in loan book and deposits signals healthy banking sector recovery. Read full analysis of financial results and future outlook.
The Reserve Bank of India approves C S Rajan's continuation as part-time chairman of Kotak Mahindra Bank, bringing stability and experienced leadership to the private sector lender.
Kotak Mahindra Bank forecasts net interest margin improvement in second half of FY25 while maintaining stable asset quality despite retail stress concerns.
The Reserve Bank of India's new circular permits banks to fund corporate acquisitions, unlocking massive opportunities for M&A deals and private credit markets in India. Discover how this regulatory shift will reshape corporate financing.
Kotak Mahindra Bank reports mixed Q2 FY2025 results with net profit declining 2% to ₹3,253 crore while Net Interest Income grows 4%. Discover the key drivers behind these numbers and what they mean for investors.
Bangalore Metro Rail Corporation implements strategic redesign of underground stations in Phase 3A, reducing platform lengths to achieve significant cost savings while maintaining operational efficiency.
Bengaluru's Namma Metro implements strategic redesign, reducing underground station length by 40 meters in Phase 3A to achieve significant cost savings while maintaining operational efficiency.
Federal Bank's board approves preferential warrant issue to Blackstone-owned FIH Mauritius Investments, strengthening capital base for future growth opportunities in competitive banking sector.
Delhi High Court delivers crucial judgment safeguarding banks' mortgage rights against SC/ST Act misuse. Learn how this ruling protects financial institutions while balancing social justice laws.
RBI's Financial Stability Report reveals alarming parallels between India's NBFC sector and the US subprime auto loan crisis. Discover the regulatory gaps and systemic risks threatening India's financial ecosystem.
Discover why Goldman Sachs predicts a golden era for Indian banks with strong credit growth, healthy profits, and digital transformation driving unprecedented opportunities.
Major Indian banks including SBI, ICICI, HDFC, and Axis Bank may need to set aside ₹75,000 crore as RBI's Expected Credit Loss framework reshapes banking provisions. Learn how this game-changing regulation impacts profitability and lending.