A 28-year-old Rapido bike driver in Ahmedabad, earning Rs 10,000-12,000 monthly, is central to a Rs 550 crore money laundering case. The ED alleges his accounts routed illegal betting funds and manipulated stock prices, exposing a network of bogus firms.
Indian Overseas Bank receives a Rs 766 crore income tax demand for assessment year 2015-16, citing recomputation and disallowances. The bank plans to appeal, expecting no financial impact.
Central Bank of India has initiated online registration for 275 Specialist Officer positions across technology and finance divisions. The application window closes on March 23, 2026, with a two-stage selection process.
RBI Deputy Governor M. Rajeshwar Rao urged IIM Jammu students to prioritize customer financials and governance in their careers, emphasizing ethical practices and respect in the financial sector.
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The Reserve Bank of India has provided a comprehensive update on the status of Rs 2,000 banknotes, detailing circulation figures and future plans up to 2026.
JPMorgan Chase CEO Jamie Dimon reveals artificial intelligence now supports hundreds of functions across banking operations, from fraud detection to underwriting, while predicting AI could enable a four-day workweek within decades.
The Employees Provident Fund Organisation recommends maintaining the 8.25% interest rate for FY 2024-25, benefiting 31 crore subscribers. The decision aims to ensure stable retirement savings despite market challenges.
The North Goa District Consumer Dispute Redressal Commission has directed SBI to compensate a Porvorim resident with Rs 2 lakh for failing to return property documents post-loan repayment, citing negligence and unfair trade practices.
East Central Railway announces operation of 58 special trains from March 5 to clear post-Holi passenger rush. Key routes include Patna-New Delhi, Danapur-Bengaluru, and Patna-Puri services.
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Balachandra Jarkiholi clarifies RBI's Rs 2 lakh penalty on Belagavi District Central Cooperative Bank stems from 2019 irregularities under former chairman, not current leadership.
The Indian government maintains the EPF interest rate at 8.25% for 2025-26, benefiting millions of workers. The EPFO board also approved an amnesty scheme and digital reforms to simplify compliance.
SEBI has mandated digital processes to reduce FPI registration time from 30 days to 5 days, enhancing ease of doing business for foreign investors in India.
IIFL Finance introduces Suvarna Dhara, a new gold loan product offering rapid disbursal and flexible terms to meet diverse financial needs against gold collateral.
A prominent metal stock is in focus after receiving approval from the Chhattisgarh government for a significant capacity expansion, with plans to increase production by 2026.
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The Reserve Bank of India will close online applications for RBI Assistant Recruitment 2025 on March 8, 2026. Candidates must apply via the official portal before the deadline.
Power Finance Corporation celebrates 17 years of its strategic business unit, PT SMI, highlighting its evolution into a key development finance institution driving India's infrastructure growth and sustainable projects.
IBPS has released the Clerk Mains Result 2026 for 15,684 posts. Candidates can check qualifying status, merit position, and score card on the official website ibps.in as of March 2, 2026.
SEBI Chairman Madhabi Puri Buch announces enhanced disclosure norms matching global benchmarks and strengthened real-time surveillance to boost market integrity and investor confidence in India.
SEBI Chairman Madhabi Puri Buch announces targeted measures, including data analytics and warnings, to reduce retail investor losses in the high-risk futures and options segment.
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SEBI has removed 1.2 lakh misleading posts by financial influencers and deployed AI tools to monitor social media, enhancing market integrity and investor protection.
The Directorate General of GST Intelligence arrests Fino Payments Bank CEO Rishi Gupta over alleged Rs 3,000 crore GST evasion, sparking industry concerns about enforcement proportionality and governance continuity in financial services.
The EPFO's investment committee has approved participation in a voluntary buyback of Delhi Mumbai Expressway NCDs, with the final decision pending from the central board of trustees on Monday.
Explore the upcoming changes in India's income tax system for 2026, including new rules, revised forms, and key compliance deadlines for taxpayers and businesses.
Para police arrested three more individuals, including the mother and wife of main accused Shiva Rao, in a multi-crore embezzlement case at a Bank of Baroda branch. Cash, jewellery, and devices were recovered.
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Haryana Police have arrested another individual in connection with the IDFC First Bank fraud case, with authorities intensifying scrutiny of the money trail and financial transactions involved.
The North Goa District Consumer Disputes Redressal Commission has directed Hero Electric Vehicle to refund Rs 94,153 to a Panaji resident for service deficiency and pay Rs 10,000 compensation for physical and mental agony.
State Bank of India has leased 1.34 lakh sq ft in Airoli, Navi Mumbai, for its global IT centre at Rs 125.05 per sq ft monthly rent, reflecting tech investment and demand for Grade A office spaces.
The Central Bank of India has launched online registration for 275 Specialist Officer roles in technology and risk. The application window is open from February 28 to March 23, with exams scheduled for April 2026.
The EPFO's Central Board of Trustees is expected to propose an interest rate of 8.2-8.25% for FY25, influenced by subdued stock markets and bond yields, with a crucial meeting scheduled for Monday.
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Finance Minister Nirmala Sitharaman will examine allegations of GST authority overreach after TV Mohandas Pai questioned the arrest of Fino Payments Bank CEO Rishi Gupta in a Rs 3,000 crore evasion case involving betting apps.
