Bank of America Settles Epstein Lawsuit for $72.5 Million
Bank of America agrees to pay $72.5 million to settle a civil lawsuit alleging it enabled Jeffrey Epstein's sex trafficking. The settlement awaits federal judge approval.
Category : Banking
BOB LBO Final Result 2026 Released: Check Selected List
Bank of Baroda has announced the final result for Local Bank Officer recruitment. Candidates can now check the selected and wait lists on the official website. The selection is provisional pending document verification.
PNB Apprentice Result 2026 Out: How to Check
Punjab National Bank has declared the PNB Apprentice result 2026 on its official website. Shortlisted candidates must complete document verification and other formalities for final selection.
Bank Credit-Deposit Ratio Hits Record 83% in March 2026
India's bank credit-deposit ratio reached an all-time high of 83% by March 15, 2026, driven by a decline in deposits and sustained credit growth, with the incremental ratio at 103.9%.
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RBI Caps Bank Forex Bets After 15 Years Amid Rupee Pressure
The Reserve Bank of India has capped banks' net open positions in rupee at $100 million, effective 2026, removing board-set limits. This move addresses rupee pressure from FII sales, oil imports, and export tariffs.
Kotak Bank Scam: Accused Gets 6-Day Police Custody
In a major development in the Kotak Bank scam case in Haryana, the key accused has been sent to six-day police custody for further investigation into the alleged financial fraud.
RBI's Payments Vision 2028: E-Cheques, Digital Oversight, Safeguards
The Reserve Bank of India has released its Payments Vision 2028, proposing electronic cheques, expanding regulatory oversight to digital platforms, and introducing new security frameworks to strengthen the payments ecosystem.
Reliance Shares Drop 4.6%, Market Cap Erodes Rs 87,014 Crore
Reliance Industries shares experienced a sharp decline of 4.6%, eroding Rs 87,014 crore from its market valuation, which now stands at Rs 18.24 lakh crore.
Silver Falls 5%, Gold Down Rs 1,900 in Delhi
Silver prices have plummeted by 5% in Indian markets, while gold rates dropped by Rs 1,900 in Delhi, driven by global economic factors and reduced demand.
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Fintech Transforms Credit Access for India's Young Professionals
Explore how fintech in India, through digital lending platforms and instant loan apps, has reshaped credit access for young professionals, making borrowing faster and more inclusive.
Gold Futures Rise Up to 1.6% on MCX with Strong Global Support
Gold futures on MCX gained up to 1.6% on Friday, driven by firm buying interest and supportive global cues, while spot prices in major cities declined.
RIL Shares Fall 4% After Windfall Tax on Diesel, ATF Exports
Shares of Reliance Industries Ltd dropped over 4% after India reintroduced windfall taxes on diesel and aviation turbine fuel exports, wiping Rs 82,000 crore from market cap. The move aims to boost domestic fuel supply amid global oil volatility.
Silver Futures Jump Rs 6,911/kg as US-Iran Tensions Ease
Silver futures in India soared by Rs 6,911 to Rs 2.26 lakh per kg, while global silver prices rose 3% to $69.96 per ounce on Comex, driven by temporary easing of US-Iran geopolitical tensions.
Gold Futures Jump Rs 1,997 to Rs 1.41 Lakh on Global Rebound
Gold futures in India soared by Rs 1,997 to Rs 1,41,000 per 10 grams, driven by a strong global rebound in prices and increased investor demand for safe-haven assets.
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ED Chargesheet in Rs 40,000 Crore Loan Fraud with Ex-RCOM Head
The Enforcement Directorate is set to file a chargesheet in a Rs 40,000 crore loan fraud case involving Reliance Group's RCOM and former president Punit Garg, under PMLA.
SBI Life-Backed NBFC Stock in Focus as Indices Fall
A non-banking financial company backed by SBI Life Insurance is attracting investor interest despite a downturn in benchmark indices, with key details on its performance and market positioning.
Rupee Hits Record Low of 94.56 vs US Dollar
The Indian rupee plunged to an unprecedented low of 94.56 against the US dollar during intra-day trading on March 27, 2026, marking a significant 60 paise decline from its previous close.
Gold Price Prediction: Buy on Dips Strategy Recommended
Gold prices show steady recovery on MCX, with analysts recommending a buy-on-dip strategy. Technical indicators like EMA, RSI, and MACD support bullish momentum above ₹1,45,000.
New ATM Rules from April 1: What Changes for Customers
Starting April 1, new ATM rules in India bring changes to transaction limits, charges, and security measures, impacting millions of banking customers nationwide.
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Gold, Silver Prices Climb Post-Crash; Outlook Examined
Gold and silver prices rise on MCX and globally, driven by a softer US dollar and geopolitical developments. Experts discuss the outlook amid inflation and rate concerns.
Invest in Future, Stay Disciplined to Ride Market Turmoil: NSE Advisor
NSE Senior Advisor Shailesh K Pathak emphasizes portfolio allocation and financial literacy to navigate market uncertainties, highlighting India's stable growth and tech-driven investment platforms.
Financial Literacy a Core Life Skill, Says PM's Advisor
Shamika Ravi, PM's Economic Advisory Council Member, emphasizes financial literacy as a critical life skill, highlighting gaps even among educated professionals and calling for institutional solutions.
CBI Files Rs 115 Crore Fraud Case Against Reliance Telecom Directors
The CBI has filed an FIR against former Reliance Telecom directors Satish Seth and Gautam Doshi, along with public servants, for an alleged bank fraud of Rs 115 crore. Searches were conducted in Mumbai, and documents related to loan transactions were reco
GIFT City Launches Women in Fintech Accelerator
GIFT City unveils the Women in Fintech Accelerator, a hybrid programme to boost women-led startups in the IFSC ecosystem through mentorship and investor matchmaking.
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Deutsche Bank India GCC AI Incubator Draws 100 Ideas in 100 Days
Deutsche Bank's Global Capability Center in India is accelerating AI adoption through an in-house incubator that generated 100 ideas in its first 100 days, leveraging local workforce adaptability.
IDFC First Bank Scam: Police Seek Warrants for 8 Accused
Chandigarh police have requested production warrants for eight accused in the IDFC First Bank scam involving over Rs 600 crore. The accused, arrested by Haryana Police, will be brought to Chandigarh for questioning.
Health Insurance Sector Grows 9% in FY24-25
India's health insurance sector achieved a robust 9% growth in FY 2024-25, with premiums exceeding Rs 1.2 lakh crore, driven by increased awareness and regulatory improvements for faster claims processing.
Nirav Modi Accuses Banks, CBI, ED of Destroying His Business in Trial
Nirav Modi appeared defiant in his Bank of India trial, claiming banks, CBI, and ED destroyed his 20-year business. He denies fraud and owes BOI $10.7 million via personal guarantee.
RBI Complaint Filing: Step-by-Step Process Explained
Learn the detailed process to raise a complaint with the Reserve Bank of India (RBI) for banking issues. This guide covers eligibility, required documents, and online/offline methods.
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Panchkula MC Scam: FIR Against Kotak Bank Over FD Irregularities
Haryana ACB registers FIR against Kotak Mahindra Bank officials for alleged financial irregularities in Panchkula Municipal Corporation's fixed deposits worth Rs 145 crore. Relationship manager arrested, investigation underway.
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