India Needs Multiple World-Class Banks: FM
Finance Minister Nirmala Sitharaman pushes for banking sector transformation, emphasizing India's need for multiple large, world-class banks to support its expanding economy and compete globally.
Finance Minister Nirmala Sitharaman pushes for banking sector transformation, emphasizing India's need for multiple large, world-class banks to support its expanding economy and compete globally.
Exclusive: Indian government plans to maintain 26% cap on voting rights for major bank shareholders, ensuring regulatory control while balancing foreign investment interests in banking sector reforms.
Discover why SBI trades at a significant discount to HDFC Bank despite similar asset growth. Analysis of NIMs, fee income, and market positioning reveals surprising insights about India's banking giants.
Finance Minister Nirmala Sitharaman announces strategic discussions with RBI and banks to create large-scale, globally competitive Indian banking institutions that can drive economic growth.
Discover why using your primary bank account for daily transactions exposes you to fraud and financial risks. Learn how digital payment apps provide better security and convenience for everyday spending.
India faces an alarming rise in digital banking fraud with UPI and fintech apps becoming prime targets. Learn how scammers operate and what RBI recommends for protection.
In a shocking cyber fraud case, Manipal Technologies Limited was duped into transferring ₹104 crore to fraudsters' accounts. Bengaluru police are investigating this massive digital theft that highlights growing corporate cybersecurity threats in India.
In a groundbreaking move for road safety, India mandates advanced driver assistance systems in all new buses and trucks starting 2027. Discover how this initiative will transform highway safety and reduce accidents.
India's public sector banks achieve historic quarterly profits with 9% growth, driven by reduced bad loans and improved interest income. Discover how state-owned lenders are transforming their financial landscape.
India's banking sector witnesses robust credit growth as festive demand drives loan disbursements, pushing the credit-deposit ratio beyond 80% for the first time in recent history, according to CAREEdge Ratings analysis.
Indian Bank's Managing Director Binod Kumar commits to accelerating Jharkhand's economic development through enhanced banking services, digital transformation, and robust credit support for key sectors.
Chandigarh Police cracks down on sophisticated digital arrest scam, arresting two Rajasthan residents for cheating a woman of ₹15 lakh through fake police impersonation. Learn how this cyber fraud operation worked.
State Bank of India announces groundbreaking single window KYC system through YONO app, eliminating repetitive verification processes and enhancing digital banking convenience for millions of customers.
Essential crowd management strategies and safety protocols that every Indian should understand for mass gatherings, festivals, and public events.
India's Supreme Court challenges the government on online gambling platforms disguised as e-sports and social games. Will this lead to a nationwide ban? Read the explosive details.
City Union Bank stock skyrockets to all-time high as Q2 results exceed expectations, delivering impressive 50% returns year-to-date. Read the full analysis of their stellar performance.
Recent HIV cases in Jharkhand expose critical gaps in India's blood safety protocols. Experts demand urgent reforms in blood screening and transfusion practices to prevent future tragedies.
Despite recent profitability, Indian banks confront sustained pressure on net interest margins as deposit costs rise and credit growth slows. Experts warn the worst may not be over yet.
Indian banks are offloading government securities worth billions to address worsening liquidity conditions and meet surging credit demand as deposit growth lags significantly behind.
Bank of Baroda shares surge to one-year peak as Q2 results exceed expectations, delivering impressive 52% returns in just eight months. Discover what's driving this banking stock's remarkable rally.
In a major banking scandal, two officials from a Ludhiana bank have been charged with embezzling ₹9.5 lakh through fraudulent fixed deposit transactions. The FIR reveals how the duo manipulated records to siphon customer funds.
UK regulators demand social media giants prove compliance with new Online Safety Act or face severe penalties. YouTube, Facebook, and other platforms under scrutiny.
Bengaluru's RMZ Ecoworld 30 achieves global safety recognition with the prestigious British Safety Council Sword of Honour, setting new benchmarks in corporate health and safety standards.
Delhi Police's Cyber Cell uncovers sophisticated online hotel booking racket that duped hundreds of customers. Four accused arrested for running fraudulent portal mimicking legitimate booking platforms.
In a groundbreaking financial development, Belarus appoints its first foreign bank CEO from the UAE, creating unprecedented opportunities for Indian trade and investment in Eastern Europe.
Major Aadhaar-enabled banking updates take effect November 1. Learn about new charges, transaction limits, and how these changes impact your banking experience.
Discover why global investors are pouring billions into Indian banks as economic growth, digital transformation, and regulatory stability create unprecedented opportunities in the banking sector.
As Gaza emerges from conflict, residents face a new battle - banks have reopened but cash reserves have dried up, leaving thousands unable to access their savings and salaries.
Market regulator SEBI announces concrete timeline for derivatives restructuring on banking indices to deepen sector representation and enhance market efficiency. Key changes coming to Bank Nifty, Bankex, and Finnifty.
Assam conducts one of India's largest school safety exercises across 2,000 institutions, testing disaster preparedness among 700,000 students for earthquakes and fire emergencies.