RBI: Banking Sector Resilient, NPA at Multi-Decade Low
RBI's latest report reveals robust health of Indian banking sector with 11.2% balance sheet growth, sustained profitability, and gross NPA ratio falling to 2.2%. Read the full analysis.
RBI's latest report reveals robust health of Indian banking sector with 11.2% balance sheet growth, sustained profitability, and gross NPA ratio falling to 2.2%. Read the full analysis.
Senior BJP leader and cooperative banking stalwart Ramesh Mantri passed away in Nagpur at 73. A key figure in resolving banking crises, his expertise was nationally recognized. Read more about his legacy.
Minister Satish Jarkiholi assures policy alignment with Souharda cooperative demands, prioritizing depositor safety. Key leaders highlight the sector's role in financial inclusion. Read more.
Tamil Nadu Cooperative Bank has launched Assistant Recruitment 2026 for graduates. Online registration ends Dec 31, 2025. Check eligibility, selection process, and apply now at tncoopsrb.in.
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.
With Congress securing a majority in the MCDCC Bank board, a power struggle ensues for the president and vice-president posts. Key MLAs back candidates for the influential Rs 2,500 crore turnover bank.
Years after the Karuvannur cooperative bank scam surfaced, over Rs 260 crore remains locked for 30,078 depositors. Govt data reveals slow repayments hinge on loan recovery. Details inside.
UP CM Yogi Adityanath accused previous governments of destroying state cooperatives. He announced a 'One District, One Cooperative Bank' model and ₹4,700 crore relief for depositors.
Bharat Taxi, a cooperative ride-hailing platform, launches in Delhi on January 1. With 56,000 drivers, it lets drivers keep 80% of earnings, challenging Uber and Ola. Read more.
State Bank of India plans to expand its mobile banking base to 20 crore customers in two years with Yono 2.0. The bank's digital-first 'phygital' strategy includes 10,000 floor managers for support.
Bharat Taxi, a new cooperative ride-hailing app backed by major cooperatives like Amul and IFFCO, begins pilot in Delhi. With over 51,000 drivers, it offers a zero-commission model. Read more about this alternative to Ola and Uber.
Kerala High Court halts removal of Karassery Cooperative Bank's elected committee for two weeks. The petition alleges illegal membership grants and political interference. Details inside.
RBI's new digital banking framework, effective Jan 1, 2026, tightens bank approvals, mandates explicit customer consent, and bans service bundling. Learn how it protects users.
Bharat Taxi, India's new cooperative taxi app, has enrolled over 51,000 drivers before its national launch. The zero-commission model sends 100% of fares to drivers. Beta trials have begun in Delhi.
India's Bharat Taxi, a national ride-hailing cooperative owned by drivers, has onboarded over 51,000 drivers in just 10 days, surpassing global counterparts. Beta trials have begun in Delhi.
Kozhikode DCC submits report against party leader for alleged CPM links and fake votes in cooperative bank. Board dissolved, police complaint filed. Read the full story.
RBI imposes business restrictions on Baghat Urban Cooperative Bank, halting deposits and payments, triggering employee wage crisis and customer uncertainty in Himachal Pradesh.
Seasoned banker Ajay Jain joins Arihant Capital Markets to spearhead investment and merchant banking operations, bringing 25+ years expertise to drive business growth.
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!
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.
Maddie McGivern discovered negative $50 billion in her Chase account after a normal night out. The banking error was resolved as a technical glitch. Read this bizarre financial story.
RBI raises alarm over widening credit-deposit gap in Indian banking. Expert analysis on why this ratio needs urgent attention and potential solutions.
All banks across India will remain closed only on Sunday, November 30. Check working days, Saturday schedule, and available digital banking services during holidays.
Arunachal Pradesh CM Pema Khandu commits to strengthening cooperative sector, reveals 1,449 societies with 2.2 lakh members. Government support promised post-elections.
NUCFDC plans to request RBI permission for smaller urban cooperative banks with net worth below ₹50 crore to offer digital banking services, aiming to boost financial inclusion.
As global turbulence intensifies, India faces critical banking choices between consolidation and strengthening. Expert TCA Ranganathan analyzes cyber threats, digital fraud, and climate risks shaping India's financial future.
State Bank of India reveals ambitious 2-year plan to transform legacy banking systems through hardware upgrades, open-source migration & microservices. Discover how this affects you.
Discover how digital innovations are transforming banking in India, making zero balance account opening paperless and accessible to millions. Learn about the tech driving financial inclusion.
Indian banks face rising AI implementation costs up to 40% while cybersecurity risks escalate. S&P Global Report reveals critical challenges in digital transformation journey. Learn how banks are navigating this complex landscape.
ICRA projects India's credit growth at 12-13% for FY2026, driven by strong demand and improved liquidity. Learn how this impacts the banking sector and economy.