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: overseas banking
Lukoil Sells Overseas Assets Amid US Sanctions Pressure
Russia's second-largest oil producer Lukoil begins divesting international assets amid tightening US sanctions, signaling major shifts in global energy markets.
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.
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.
Rohit Sharma on India's Sydney Win: Expected Tough Australia
Indian captain Rohit Sharma reveals his team was mentally prepared for tough Australian conditions after their commanding victory in Sydney, highlighting the team's strategic approach to overseas cricket.
Kaithal Police bust fake Libya job racket, rescue 5 youth
Haryana Police cracks down on international job fraud, rescuing five Indian youth from Libya after they were duped by fake overseas employment promises. Major breakthrough in human trafficking prevention.
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.
OCI Cardholders: Submit E-Arrival Form 72 Hours Before India Trip
Indian government introduces major travel convenience for Overseas Citizens of India - submit your e-arrival form online three days before arrival, skipping long immigration queues.
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.
India's Migration Makeover: Safer Global Pathways
India transforms its migration policies with landmark reforms, creating safer pathways for millions seeking opportunities abroad while positioning itself as a global talent powerhouse.
Federal Bank raises ₹6,196 crore from Blackstone entity
Federal Bank's board approves preferential warrant issue to Blackstone-owned FIH Mauritius Investments, strengthening capital base for future growth opportunities in competitive banking sector.
Bank of Maharashtra Q4 Profit Soars 45%
Bank of Maharashtra delivers stellar Q4 performance with 45% profit surge and improved asset quality. Discover key metrics and investment insights.
Nifty Soars Past 26,000, Sensex Nears Record High
Indian stock markets surge with Nifty crossing 26,000 for the first time since September 2024 and Sensex approaching all-time highs. Discover what's driving this bull run.
Bhai Dooj 2025 Bank Holiday: Oct 23 State-wise List
Planning your banking activities for Bhai Dooj 2025? Get the complete state-wise holiday list for October 23 and know exactly which states will observe bank closures for Bhai Dooj celebrations.
Raymond James Profit Rises on Strong Capital Markets
Raymond James Financial reports impressive Q2 2024 results with net income surging to $447 million, driven by robust performance in investment banking and strong capital markets activity.
PrimaLend Bankruptcy: Subprime Lending Crisis in India
PrimaLend's shocking bankruptcy filing exposes deepening stress among subprime borrowers in India. Discover how this collapse could trigger wider financial tremors and what it means for the lending industry.
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