Category : Search result: Madras banking crisis


Ludhiana Bank Fraud: ₹9.5L Scam Exposed

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.

Madras HC Rejects IPS Officer's Plea in Dhoni Case

In a significant legal development, the Madras High Court has dismissed an IPS officer's petition seeking to quash the defamation case filed by cricket legend MS Dhoni. Get exclusive details on the court's ruling and what happens next in this high-profile

Belarus Appoints First Foreign Bank CEO from UAE

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.

Global Investors Flock to Indian Banking Sector

Discover why global investors are pouring billions into Indian banks as economic growth, digital transformation, and regulatory stability create unprecedented opportunities in the banking sector.

Gaza Banks Reopen But Cash Reserves Dry Up

As Gaza emerges from conflict, residents face a new battle - banks have reopened but cash reserves have dried up, leaving thousands unable to access their savings and salaries.

IIT Madras VTOL Breakthrough: New Aircraft Era

IIT Madras researchers have made a groundbreaking advancement in Vertical Take-Off and Landing aircraft technology, developing innovative systems that could revolutionize air transportation in India.

SEBI Sets Timeline for Banking Derivatives Overhaul

Market regulator SEBI announces concrete timeline for derivatives restructuring on banking indices to deepen sector representation and enhance market efficiency. Key changes coming to Bank Nifty, Bankex, and Finnifty.

Madras HC: Crypto Legal & Taxable in India

In a groundbreaking judgment, Madras High Court declares cryptocurrency trading legal in India and classifies profits as taxable income. Discover how this ruling reshapes India's crypto landscape and what it means for your digital investments.

Madras HC: Tehsildar Can't Seize Statues

In a significant ruling, the Madras High Court has declared that a Tehsildar has no authority to confiscate statues, ordering the immediate return of seized statues in Sivakasi and permitting their installation.

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.

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.

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