India's credit card market shows strong consolidation, with HDFC Bank and SBI now controlling nearly half of total spending value. The top five banks dominate 85.6% of transaction value as of January 2026.
NSE International Exchange launches a platform from GIFT City enabling Indian retail investors and NRIs to invest in shares across 30 global markets, starting with US stocks and expanding to UK, Japan, and Europe.
Sebi Chairman Tuhin Kanta Pandey emphasizes India's strong capital formation, rising domestic participation, and regulatory reforms that position the country as a credible, durable growth market for long-term investment.
State-run Mysore Sales International Ltd (MSIL) is formalizing its NBFC operations and targeting rural expansion in Karnataka by partnering with self-help groups (SHGs) and hiring recently retired bankers to boost its chit fund business.
SBI Foundation constructed 380 farm ponds and desilted 22 village ponds in Gadag district over three years, benefiting thousands of farmers through improved irrigation and soil conservation.
The Reserve Bank of India will conduct a government bond switch auction worth Rs 25,000 crore on March 2, 2025, to manage debt maturity and liquidity in the financial system.
A clever thief targeted three banks in Rajkot, stealing Rs 50,000 using a currency exchange trick. Police investigate identical modus operandi across crowded branches.
Learn what happens when banks classify your account as dormant or inoperative, the rules governing such accounts, and how to reactivate them to avoid penalties.
Airtel Payments Bank introduces NFC feature allowing customers to instantly check or update RuPay On-The-Go card balances via Android smartphones, eliminating metro station visits.
The Indian rupee declined marginally by 1 paisa, closing at 90.96 against the US dollar in forex trading, with a stable session and narrow trading range observed.
Four individuals, including a former branch manager, have been arrested in Haryana for their alleged involvement in a Rs 590 crore fraud case at IDFC First Bank, with arrests made on Tuesday evening.
Gold futures extended gains on Wednesday, rising by Rs 1,322 to Rs 1,61,291 per 10 grams on MCX, driven by fresh buying and firm physical demand. Check city-wise gold rates.
IDFC First Bank has paid Rs 583 crore to the Haryana government while an investigation into alleged fraud continues. Four individuals have been arrested in connection with the case.
Telecom Minister Jyotiraditya Scindia confirms no changes to SIM binding rules, emphasizing security over convenience to combat fraud and cybercrime in India.
Learn how monitoring the gold rate today can help you secure better loan-to-value ratios and lower interest rates during the Bajaj Finance Gold Loan Carnival, maximizing financial benefits.
JPMorgan Chase shares fell over 4% this week as AI concerns triggered a sell-off in financial stocks. CEO Jamie Dimon pushes back, calling AI an opportunity, not a threat, amid a fraud lawsuit involving Donald Trump.
Vivriti Group launches Vivriti Next as a new holding company, consolidating its financial services under a unified structure to focus on India's mid-corporate segment with a Rs 200 crore equity infusion.
Haryana's Anti-Corruption Bureau arrests four including ex-bank employees in Rs 590 crore fraud. IDFC First Bank repaid government, shares plummeted, and state removed bank from panel.
State Bank of India and Bank of Baroda have opened recruitment for 2,469 positions. SBI's CBO registration closes today, while BOB has multiple openings. Check eligibility and apply before deadlines.
State Bank of India has extended the application deadline for 2050 Circle Based Officer posts to February 25, 2026. The recruitment process includes a written exam and interview.
Haryana Anti-Corruption Bureau arrests main accused and three others in IDFC First Bank fraud case, involving alleged embezzlement and forgery. Investigation ongoing.
The Haryana Anti-Corruption Bureau has registered an FIR against IDFC First Bank, launching a probe into alleged financial irregularities and fraud. The case involves accusations of misconduct by bank officials, with investigations ongoing.
Gold and silver prices climb as geopolitical tensions and US policy uncertainties drive safe-haven demand. Updates on ETF inflows, Fed rate cuts, and technical analysis for precious metals.
The RBI and Digital India BHASHINI division have signed an MOU to enhance banking accessibility through multilingual support, aiming for high contextual accuracy and voice-enabled interfaces across languages.
Learn how to block a lost or stolen cheque book immediately to prevent financial fraud and identity theft. Follow these simple steps via online banking or customer care to secure your account.
The CBI has registered a case against 14 MP Gramin Bank officials for allegedly using impersonators to secure jobs through IBPS exams. Searches across three states recovered incriminating documents.
Gurgaon Municipal Corporation transfers Rs 108 crore to public sector bank following alleged Rs 590 crore fraud involving government deposits at IDFC First Bank, sparking statewide financial reforms.
Enforcement Directorate questions NCS owner and bank president in Rs 44.5 crore asset freeze case. Investigation reveals fund diversion and high-value property acquisitions.
JPMorgan Chase CEO Jamie Dimon announced he plans to remain as CEO for 'a few years' and potentially continue as executive chairman afterward, while the bank projects strong investment banking growth.
India's telecom regulator TRAI has recommended selling all available spectrum with lower entry barriers, including halving net-worth criteria for new players to Rs 50 crore, aiming to enhance market competition.