Non-Resident Indians are boosting investments in Indian banks due to high interest rates, rupee depreciation benefits, and economic growth prospects. This trend reflects confidence in India's financial stability.
A recent FICCI-IBA survey reveals that Indian banks anticipate constructive credit growth in the coming months, with AI, cybersecurity, and green finance identified as key strategic shifts driving the sector forward.
State Bank of India has issued a fraud alert about a phishing scam where fake messages claim the YONO app will be blocked unless Aadhaar details are updated. Customers are advised to avoid unknown links.
Despite record high prices and a decline in volumes, the gold and silver trade during Akshaya Tritiya 2026 is projected to exceed Rs 20,000 crore, driven by strong demand and festive sentiment.
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HDFC Bank reports a 9.1% rise in Q4 net profit to Rs 19,221 crore, with full-year profit up 10.9%. The bank recommends a final dividend, while ICICI Bank and YES Bank also post strong quarterly results.
Pushpender Singh, former Kotak Mahindra Bank deputy VP, sent to judicial custody in Rs 147 crore fixed deposit fraud involving Panchkula municipal corporation. ACB alleges he received Rs 30-35 crore share.
The National Bank for Financing Infrastructure and Development (NaBFID) has signed an agreement with Rajasthan's PDCOR to enhance advisory services for state and city-level infrastructure projects across India.
The CBI investigation reveals that Singla siblings received Rs 292 crore in the IDFC First Bank and AU Small Finance Bank scam, highlighting financial fraud and regulatory lapses.
IDFC First Bank has launched digital payment services for customs duty, central excise, and service tax through ICEGATE 2.0, completing its unified platform for all major tax payments including direct tax and GST.
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IDFC First Bank has successfully integrated with the ICEGATE 2.0 portal, enabling digital customs duty payments for importers and exporters, enhancing efficiency and compliance.
ICICI Bank reported an 8.5% rise in net profit to Rs 13,701.7 crore for Q4 FY26, driven by improved asset quality and lower provisions. Full-year profit grew 6.2% to Rs 50,146.6 crore.
YES Bank posted a net profit of Rs 1,068 crore for March 2026 quarter, up 44.8% year-on-year, driven by lower credit costs and improved margins. CEO Vinay Tonse emphasized a focus on profitability and disciplined expansion.
Bank of Canada Governor Tiff Macklem calls for rapid government and regulatory response to cybersecurity vulnerabilities posed by powerful AI systems like Anthropic's Mythos, highlighting financial sector risks.
Bank branches are open across India this Saturday, April 18, 2026, as it is the third Saturday of the month under RBI holiday rules. Customers can visit for routine services, while digital banking remains available.
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Gold demand is expected to remain robust ahead of Akshaya Tritiya, with bullion continuing as a preferred safe-haven asset for wealth creation amid economic uncertainties.
A 77-year-old NRI from London has filed a complaint against an IDFC First Bank manager, alleging embezzlement of Rs 1 crore from her account, linked to a larger Rs 116-crore scam involving the Chandigarh municipal corporation.
Star Health Insurance projects a 25% growth in Bengal this fiscal, targeting Rs 1,250 crore premium by 2026-27. The company achieved Rs 1,000 crore in Bengal last year, with a 36% market share and strong claim ratios.
The Indian government has released an official list of 15 banks permitted to import gold and silver, including major public and private sector institutions, to regulate the precious metals trade.
The Insurance Regulatory and Development Authority of India (IRDAI) has established a mandatory 4% cession requirement for general insurance companies in the financial year 2026-27, aiming to enhance market stability and risk distribution.
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The Telangana SEEEPC Survey-2024 reveals a stark urban credit divide, with towns like Jayashankar Bhupalpally showing 21.1% of households relying on moneylenders, far above the state average of 3.6%. Caste disparities persist, highlighting financial exclu
A CBI court in Visakhapatnam has convicted five SBI officials and two private persons for a bank fraud involving Rs 9.19 crore. The officials abused their positions to facilitate fraudulent loans.
The Central Bureau of Investigation has taken six accused on a three-day remand in the alleged fraud case involving IDFC First Bank and AU Small Finance Bank in Haryana, intensifying the probe.
A landmark Bombay High Court ruling could redefine bank liability for cyber fraud, shifting responsibility and prompting stricter security measures to protect customers.
In a sharp market correction, silver prices plummeted by Rs 5,700 per kg, while gold declined by Rs 1,600 per 10 grams in Delhi, driven by global trends and reduced demand.
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The Indian government has updated the list of banks authorized to import gold and silver under the Foreign Trade Policy, impacting trade and compliance in the precious metals sector.
MyCrediBro, a trusted financial service platform in India, is revolutionizing credit access by offering transparent and value-driven solutions to simplify the borrowing process for consumers.
Gold futures in India have risen to Rs 1.53 lakh per 10 grams, driven by firm global trends and increased demand. This surge reflects ongoing market volatility and investor interest in safe-haven assets.
Explore the critical decision for high-growth companies on switching from traditional banks to neobanks, focusing on scalability, costs, and digital needs.
Paramatrix Technologies' Playmity platform has been honored with the Best Product Innovation Award at the BFSI Tech Summit, recognizing its groundbreaking contributions to the banking and financial services industry.
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Gold futures on MCX trade near ₹1,52,870 with bearish technical indicators. Jateen Trivedi of LKP Securities suggests a sell-on-rise strategy amid weak intraday signals and resistance at ₹1,53,000-₹1,53,250.
