Category : Search result: rural banking crisis


Ludhiana Bank Fraud: ₹9.5L Scam Exposed

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.

FMCG Giants Target Digital-Savvy Rural India Markets

India's FMCG sector witnesses unprecedented digital adoption in rural areas, prompting major companies to accelerate expansion strategies and tap into the growing purchasing power of hinterland consumers.

Aadhaar eKYC blocks 3.8L Andhra MGNREGA workers

Exclusive report reveals how Aadhaar eKYC requirements are blocking nearly 3.8 lakh workers from MGNREGA employment in Andhra Pradesh, causing a significant decline in rural job opportunities.

Belarus Appoints First Foreign Bank CEO from UAE

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.

Global Investors Flock to Indian Banking Sector

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.

Gaza Banks Reopen But Cash Reserves Dry Up

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.

SEBI Sets Timeline for Banking Derivatives Overhaul

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.

West Bengal MGNREGS Funds Restored After 2 Years

After a prolonged two-year suspension, West Bengal finally receives central government approval for MGNREGS funds release. Discover the implications for rural employment and the state's economy.

SC Rebukes Centre Over MGNREGA Funds to West Bengal

The Supreme Court delivers a stern rebuke to the central government for withholding MGNREGA funds to West Bengal, calling it a violation of fundamental rights and a victory for the state's rural poor.

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.

Bihar Migrants Return With Questions and Voting Power

As Bihar's migrant laborers return from urban centers, they bring back not just savings but critical questions about employment, development, and political accountability that could reshape the state's political landscape.

SC Rebukes Centre Over Bengal MGNREGA Funds

West Bengal's ruling TMC and opposition Left parties unite in celebrating Supreme Court's strong rebuke to Centre over withheld MGNREGA funds. The landmark judgment exposes 'grave injustice' to millions of workers.

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.

Page 1 of 4