Ex-Bank Manager Arrested in Mumbai Fraud Case
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.
Category : Search result: Indian banking system
Union Bank & Indian Bank Get RBI Nod for Overseas Merger
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.
Foreign Investors Bet Big on Indian Private Banks
Discover why global investors are pouring money into Indian private banks and what this signals about the health and future prospects of India's banking sector.
Motilal Nehru's 1928 Warning About India's Future
Discover Motilal Nehru's powerful 1928 speech that accurately foresaw India's political challenges and constitutional needs decades before independence.
13 convicted in ₹45 lakh bank fraud case by CBI court
A special CBI court in Chandigarh has convicted 13 individuals in a sophisticated ₹45 lakh bank fraud case involving forged documents and conspiracy. Discover the shocking details of how they manipulated the banking system.
Huntington Bancshares Buys Cadence Bank in $7.4B Deal
Columbus-based Huntington Bancshares announces landmark $7.4 billion acquisition of Cadence Bank, creating a banking powerhouse with expanded Southern US footprint and enhanced digital capabilities.
TMB Q2 FY26: Net Profit Up 4.9%
Tamilnad Mercantile Bank reports impressive 4.9% growth in net profit for Q2 FY26, showcasing robust financial health and strategic growth initiatives in the competitive banking sector.
Huntington Bancshares Acquires Cadence in $7.4B Bank Deal
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.
HSBC's $1.1B Madoff Fraud Provision Hits Shares
Global banking giant HSBC sets aside massive $1.1 billion provision for potential losses linked to Bernie Madoff's infamous Ponzi scheme, causing stock market jitters.
51 Crore Voters to Get Updated Lists in Electoral Overhaul
India's election machinery gears up for a monumental voter list revision affecting 51 crore voters. Discover how the new SRIS system will transform electoral democracy with enhanced transparency and accessibility.
Kotak Bank Delays RoE Target to FY26 Amid Capital Woes
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.
Axis Bank: Next Value Play in Indian Stock Market?
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.
RBI: Credit Growth Soars to 16.1%, Signals Economic Revival
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 CEO Sandeep Bakhshi's tenure by one year
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.
India's Judicial Crisis: Neglect, Not System Failure
India's judiciary faces a critical crisis of delayed justice due to chronic underfunding and neglect, not systemic flaws. Discover why filling judicial vacancies and adequate funding could transform justice delivery.
Tech Revolution Transforms India's Legal System: Meghalaya HC
Exclusive insights from Meghalaya High Court's Chief Justice on how digital integration is slashing case backlogs and creating a more efficient, transparent judiciary system across India.
Omar Abdullah defends NEP, clashes with Rahul Gandhi stance
Former J&K CM Omar Abdullah breaks ranks with Congress, defends National Education Policy while Rahul Gandhi calls it a threat to India's education system. Key political divide emerges.
SBI Hiring 3500 Officers: 30% Women Workforce Target
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.
8,000 Indian Schools Empty: Zero Student Crisis
Exclusive UDISE+ data reveals nearly 8,000 schools across India operated without a single student in 2024-25 academic session, raising serious questions about education infrastructure and resource allocation.
Library Fine Reveals Hidden Educational Inequality
A poignant personal story from Chandigarh reveals how a small library fine became a profound lesson about privilege, access to education, and the invisible barriers many students face in India.
SBI Recruits 18,000 with 30% Women Hiring Push
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.
8,000 Indian Schools Empty, 20K Teachers Paid
A startling government audit reveals nearly 8,000 Indian schools operate with zero students while over 20,000 teachers remain on payroll, exposing massive education system inefficiencies.
Kotak Bank Q2 Profit ₹4,468 Cr, Loans & Deposits Grow
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.
RBI okays C S Rajan's reappointment as Kotak Bank chairman
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.
RBI Uses Forex Reserves to Fix Banking Liquidity Crisis
The Reserve Bank of India intervenes with $5 billion forex swap to ease banking system's liquidity deficit. Discover how this strategic move impacts interest rates, deposits, and the broader economy.
Govt hikes print media ad rates 26%, reforms TRP system
In a landmark move, the Indian government has approved a 26% increase in print media advertisement rates while introducing sweeping reforms to transform the television rating system and combat fraudulent TRP practices.
Convict Rights & Presidential Clemency: India's Legal Grey Zone
Exploring the legal grey areas where convict rights intersect with presidential pardon powers in India's justice system. An in-depth analysis of crime, clemency, and constitutional dilemmas.
Ranchi Hospital Launches Emergency Alarm Security System
Ranchi's Sadar Hospital launches advanced emergency alarm system with 100+ panic buttons across key areas for immediate security response and enhanced safety measures.
Kotak Bank Eyes H2 Margin Recovery, Asset Quality Stable
Kotak Mahindra Bank forecasts net interest margin improvement in second half of FY25 while maintaining stable asset quality despite retail stress concerns.
Renukaswamy Murder Trial Delayed: Prosecutor Alleges Stalling
The high-profile Renukaswamy murder case faces significant delays as the special prosecutor alleges the accused are employing deliberate stalling tactics in Bengaluru court proceedings.
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