Category : Search result: Indian commercial banking sector


Bank fraud amount up 30% in Apr-Sep 2025: RBI

RBI data shows a 30% surge in banking fraud amounts to Rs 21,515 crore in H1 FY26, even as the number of cases fell sharply. Public sector banks bore the brunt of the value. Read the full analysis.

SBI: 15,956 Cyber Fraud Cases in 22 Months

State Bank of India reported nearly 16,000 cyber fraud cases from Jan 2024 to Oct 2025, with losses exceeding ₹118 crore. Discover the state-wise breakdown and expert insights on digital banking risks.

UP Power Losses Drop to 19.54%, Privatisation Opposed

Uttar Pradesh's power sector shows strong recovery as technical losses fall. Minister Shripad Naik details Rs 40,739 crore RDSS scheme impact. Consumer group calls privatisation 'unconstitutional'. Read more.

Gurgaon: ₹25k fine for dumping waste in sewer line

MCG fines a Gurgaon commercial unit ₹25,000 for dumping untreated oily waste into sewers, causing repeated blockages. Officials used a super suction machine to clear the line. Residents demand stricter enforcement.

New Android Banking Trojan Sturnus Detected

Security researchers discover Sturnus malware targeting Indian Android users through fake apps. The trojan steals banking credentials and records messages from WhatsApp, Telegram, and Signal. Protect your device now!

Bank Glitch Shows Woman Owes $50 Billion

Maddie McGivern discovered her Chase account showed negative $50 billion after a normal night out. The banking error was later resolved as a technical glitch affecting limited accounts.

Bank Holiday: Only Sunday Closed This Week

All banks across India will remain closed only on Sunday, November 30. Check working days, Saturday schedule, and available digital banking services during holidays.

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.

SBI to Modernize Core Banking in 2 Years

State Bank of India reveals ambitious 2-year plan to transform legacy banking systems through hardware upgrades, open-source migration & microservices. Discover how this affects you.

Tech Revolutionizes Zero Balance Account Opening

Discover how digital innovations are transforming banking in India, making zero balance account opening paperless and accessible to millions. Learn about the tech driving financial inclusion.

Indian Banks' AI Dilemma: Costs Up 40%, Risks Growing

Indian banks face rising AI implementation costs up to 40% while cybersecurity risks escalate. S&P Global Report reveals critical challenges in digital transformation journey. Learn how banks are navigating this complex landscape.

AI Reshaping 35-50% of Indian Banking Jobs

India's BFSI sector faces major AI-driven transformation with 35-50% job impact. Discover how hyper-personalization, legacy challenges, and Agentic AI are reshaping banking.

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