Ex-Bank Manager Arrested in Mumbai Fraud Case
A former bank manager faces CBI custody in Mumbai for allegedly cheating customers of crores. ED investigates money laundering angle in the banking fraud case.
Category : Search result: banking reforms
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.
Foreign Investors Bet Big on Indian Private Banks
Discover why global investors are pouring money into Indian private banks and what this signals about the health and future prospects of India's banking sector.
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.
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.
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.
Axis Bank: Next Value Play in Indian Stock Market?
Discover why Axis Bank is generating buzz as a potential value stock in India's banking sector. Expert analysis on growth prospects, financial metrics, and market positioning.
RBI: Credit Growth Soars to 16.1%, Signals Economic Revival
Latest RBI data shows non-food credit growth hitting multi-year highs at 16.1%, signaling strong economic revival. Industrial credit accelerates while services sector leads expansion.
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.
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.
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 okays C S Rajan's reappointment as Kotak Bank chairman
The Reserve Bank of India approves C S Rajan's continuation as part-time chairman of Kotak Mahindra Bank, bringing stability and experienced leadership to the private sector lender.
Karnataka explores separate secretariat for Kittur region
Karnataka Chief Minister Siddaramaiah announces exploration of separate secretariat for Kittur Karnataka to address regional development disparities and streamline governance.
Kotak Bank Eyes H2 Margin Recovery, Asset Quality Stable
Kotak Mahindra Bank forecasts net interest margin improvement in second half of FY25 while maintaining stable asset quality despite retail stress concerns.
India's Airport Revolution: Seamless Immigration Reform
Indian government unveils groundbreaking flight reforms with pre-departure immigration clearance at origin airports, transforming air travel experience and positioning India as global aviation hub.
Govt to hike print ad rates by 26% in media reforms
Major media reforms underway as Indian government prepares significant rate revisions for print, radio, TV, and DTH sectors to support industry growth.
India's Court Crisis: 80% Cases Pending - UN Report
A startling United Nations report exposes India's judicial crisis with 80% case backlog. Discover the root causes, government initiatives, and potential solutions to this massive pendency problem affecting millions.
EC's SIR Rollout: 15 States Go Digital Next Week
India's Election Commission prepares for nationwide SIR rollout, starting with pilot phase across 10-15 states next week. This digital system promises to transform political funding transparency.
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.
EC's All India SR Rollout Begins Next Week in 10-15 States
India's electoral landscape transforms as Election Commission prepares to debut All India Service & Voter Registration platform, starting with select states in groundbreaking digital initiative.
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.
Real Estate Leaders Demand EoDB 2.0 Reforms
Top real estate bodies CREDAI, NAREDCO, and NAR-India join forces to push for EoDB 2.0 reforms, seeking streamlined approvals and policy stability to transform India's property landscape.
Goa approves mining policy tweak for dump inventory
Goa government approves crucial amendment to mining policy, paving way for comprehensive inventory of unlisted mining dumps across the state. Historic move aims to address environmental concerns and unlock economic potential.
Bihar CM Unveils State's Remarkable Progress & Development Roadmap
Chief Minister Nitish Kumar showcases Bihar's unprecedented growth across sectors including education, healthcare, and infrastructure while announcing transformative initiatives for inclusive development.
Sitharaman Urges Tax Officers to Redefine Work Approach
Finance Minister Nirmala Sitharaman calls for fundamental shift in tax administration approach, emphasizing courtesy, accountability and taxpayer assistance in GST reforms.
Karnataka CM pushes faster industry clearances for investments
Karnataka Chief Minister Siddaramaiah directs officials to expedite single-window clearances, positioning the state as India's premier investment destination with enhanced infrastructure and business-friendly policies.
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