Category : Search result: banking hub India


SMBC Gets RBI Approval for India Subsidiary

Sumitomo Mitsui Banking Corporation receives in-principle approval from RBI to establish a wholly owned subsidiary in India, marking a key step in foreign banking expansion.

Bengal Silicon Valley: LTI Mindtree's Rs 2,500 Cr Hub

West Bengal's IT minister reviews Bengal Silicon Valley progress. LTI Mindtree's massive campus, part of a Rs 2,500 crore investment, will house 25,000 professionals, boosting Kolkata's tech hub ambitions.

UCO Bank Celebrates 84th Foundation Day in Kolkata

UCO Bank celebrated its 84th Foundation Day in Kolkata, charting a future focused on digital innovation, financial inclusion, and sustainable growth. Read about their vision and achievements.

Bank Unions Protest for 5-Day Banking Week

Bank employee unions across India held demonstrations demanding a five-day work week and opposing privatization. The protest, led by UFBU, highlights staffing and workload concerns.

500 Acres in Noida for AI & Fintech Hub by YEIDA

YEIDA earmarks 500 acres in Sector 11 for an AI and financial services hub. The plan includes data centres and aims to attract global firms, boosting Noida's tech ecosystem. Read more.

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.

Saudi Arabia Cuts Banking Fees, Boosts Transparency

Saudi Central Bank (SAMA) introduces a sweeping new fees guide, slashing charges for financing, cards, and digital transfers to make banking fairer and more affordable. Discover the key changes.

US Investments to Make Vizag an AI & Data Center Hub

Major US investments, including from Google, aim to turn Visakhapatnam into a key AI and data center hub. The plan focuses on talent, infrastructure, and a local tech ecosystem, boosting US-India ties.

Amaravati: India's First Integrated Financial City

Union Finance Minister Nirmala Sitharaman announces Amaravati as India's first integrated Financial City, with 15 major banks and institutions establishing headquarters. The project promises 6,500+ jobs and economic transformation for Andhra Pradesh.

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.

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