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.
Category : Search result: bank fraud
Bengaluru firm loses ₹4.9cr to Hong Kong hackers
Two Indians in Dubai allegedly collaborated with Hong Kong-based hackers to siphon ₹4.9 crore from a Bengaluru loan company through sophisticated cyber fraud. Bengaluru Cyber Crime Police uncover international digital theft operation.
Digital Arrests: India's New Online Scam Epidemic
India faces a terrifying new wave of digital arrests and banking frauds through WhatsApp, UPI, and OTP scams. Learn how cybercriminals are exploiting Aadhaar and two-factor authentication to empty bank accounts.
Supreme Court Issues Notice in Kapil Wadhawan Bail Case
Former DHFL promoter Kapil Wadhawan's bail plea reaches Supreme Court as CBI investigates massive ₹34,615 crore bank fraud case. Court issues notice to investigating agency.
Udupi family loses ₹1.45 crore in PM employment scheme fraud
A sophisticated fraud scheme targeting PM Employment Generation Programme applicants in Karnataka's Udupi district has left a couple and their relative poorer by ₹1.45 crore. Police investigation reveals elaborate deception tactics.
Fake Westarctica Ambassador Scams Delhi Businessmen
A Delhi man posed as the official Ambassador of the fictional micronation 'Westarctica' to scam businessmen of lakhs of rupees in an international investment fraud. Police uncover sophisticated con operation.
Karnataka Voter Fraud: SIT Finds Multi-Seat Manipulation
Shocking SIT investigation reveals systematic voter list manipulation across multiple Karnataka constituencies, raising serious questions about electoral integrity ahead of crucial elections.
Bank Holiday Today: Chhath Puja City List
Planning bank work today? Check our comprehensive city-wise guide to see if banks are closed for Chhath Puja on October 27 across India. Don't make an unnecessary trip!
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.
Marketsmith India: Top Stock Picks for Oct 27
Discover Marketsmith India's latest stock recommendations including technical analysis, entry points, and stop-loss levels for Tata Motors, HDFC Bank, and other key players in today's volatile market.
Air hostess loses ₹11L in commission scam
A Mumbai-based air hostess was duped of ₹11 lakh in an elaborate online scam where fraudsters promised earnings for simple tasks like rating restaurants and liking videos. Learn how this digital trap operates and how to protect yourself.
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.
Melania Trump Name Used in Crypto Pump-and-Dump Scam
A shocking cryptocurrency scheme allegedly used Melania Trump's identity to promote a pump-and-dump scam that left investors with massive losses. New legal filings reveal how the former First Lady's name became weaponized in digital fraud.
Udupi couple loses ₹1.45 crore in PM employment scam
A sophisticated fraud scheme in Karnataka's Udupi district duped a couple and their relative of ₹1.45 crore by falsely promising benefits under the PM's Employment Generation Programme. Police investigation reveals elaborate deception tactics.
Chhath Puja 2025 Bank Holidays: Oct 27-28 Status
Planning your banking activities for Chhath Puja 2025? Get the complete state-wise holiday list for October 27 and October 28. Find out which states will have bank closures and plan your financial transactions accordingly.
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.
5-Day Bank Holiday Alert: Oct 27-Nov 2 Closures
Essential guide to bank closures across India from October 27 to November 2. Region-wise holiday list for planning your financial transactions effectively.
Khata Scam Alert: Kumaraswamy Warns Bengaluru Residents
JD(S) leader HD Kumaraswamy exposes bogus khata conversion scheme targeting Bengaluru property owners, urging citizens not to pay bribes for illegal property document conversions.
Surat gold scam: Two held for ₹1.5 crore jeweller fraud
Surat police apprehend two individuals for cheating a local jeweller of gold worth ₹1.5 crore through an elaborate scheme involving fake documents and false promises of government contracts.
Kotak Bank Q2 Profit Dips 3% to ₹3,253 Crore
Kotak Mahindra Bank reports 3% decline in Q2 net profit to ₹3,253 crore despite NII growth. Discover the factors behind the mixed performance and what lies ahead for the private sector lender.
Bollywood Stars in UP Investment Fraud Case
Bagpat police files FIR against 22 individuals including Bollywood celebrities in major financial fraud case involving fake investment schemes that duped numerous investors.
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.
Bollywood Stars in ₹50Cr Fraud Case: Baghpat Police FIR
Bollywood actors Shreyas Talpade and Alok Nath among 22 individuals charged in massive investment fraud scheme in Uttar Pradesh. Police uncover multi-crore scam targeting innocent investors.
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.
Karnataka firm loses ₹12L in online cement fraud
A Kundapur-based company falls victim to sophisticated online fraud, losing ₹12 lakh to scammers posing as cement suppliers. Learn how the digital payment scam unfolded and crucial cybersecurity lessons.
Sirsa man arrested in ₹15 lakh online fraud case
Chandigarh Cyber Police arrests Sirsa resident for duping victim of ₹15 lakh through sophisticated online fraud. Learn how the digital scam unfolded and protective measures.
Bank Holiday Oct 25: State-wise Banking Status
Planning bank visits this Saturday? Check our comprehensive state-wise guide to bank holidays on October 25. Know exactly which states have operational banks and which don't.
Bollywood Stars Talpade, Alok Nath in ₹5Cr Scam Case
Popular Bollywood actors Shreyas Talpade and veteran Alok Nath among 24 individuals booked in a multi-crore investment fraud scheme that duped investors with false promises.
RBI caps bank lending for corporate takeovers at 70%
In a major regulatory move, the Reserve Bank of India caps bank financing for corporate acquisitions at 70% of deal value to curb excessive leverage and strengthen financial stability.
TN Couple Arrested in ATM Franchise Scam
Coimbatore police nab couple behind sophisticated ATM franchise scam that duped investors of lakhs. Exclusive details on their elaborate con operation.
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