Category : Search result: Southern US banking


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.

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.

Kolkata-Guangzhou direct flights resume after 4 years

Kolkata's connectivity with China gets major boost as direct flights to Guangzhou resume operations. Discover how this revival strengthens economic ties and travel convenience between Eastern India and Southern China.

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.

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 Allows Bank Funding for Corporate Buyouts

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 Bank Q2: Profit Down 2%, NII Up 4%

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.

USS Gerald R. Ford Deployed to Caribbean

The US Navy deploys its most advanced aircraft carrier, USS Gerald R. Ford, to the Caribbean Sea in a strategic move to counter illegal activities and ensure regional security. Learn about this massive warship's capabilities and mission objectives.

US conducts third Caribbean drug bust this week

In a dramatic escalation of anti-narcotics operations, US authorities have intercepted another drug-carrying vessel in the Caribbean, marking the third major seizure within days. The operation netted cocaine worth millions and resulted in multiple arrests

SIM Swap Fraud: Why OTP Security Is Failing

Critical security alert: Learn how cybercriminals are bypassing OTP and SIM-based authentication to drain bank accounts. Essential reading for every Indian smartphone user.

Delhi Woman Loses ₹7 Lakh in Hawala Scam

A sophisticated cybercrime ring in Delhi used Hawala transactions to steal ₹7 lakh from a woman, exposing dangerous new digital fraud tactics targeting urban Indians.

RBI's New Bank Nominee Rules: 4 Key Changes

RBI introduces sweeping changes to banking rules - discover how single holders, joint accounts, and nominee procedures are being transformed to protect your assets.

Financial Systems as Public Goods: India's New Approach

Expert analysis reveals why treating financial systems as public infrastructure rather than private risks could transform India's economic stability and growth. Learn how this paradigm shift could benefit millions.

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