A prominent textile company's stock soared 14% after its board approved a share transfer to acquire a stake in a Special Purpose Vehicle (SPV), signaling strategic expansion and investor confidence in the market.
Jammu & Kashmir Bank has launched recruitment for 614 apprentice positions under the 2026 program. Online applications are open from April 20 to 26, 2026. Graduates from 2022 onwards aged 20-28 can apply for a one-year training with a ₹13,500 monthly stip
Bankers forecast slower credit offtake in FY27 after a high base in FY26, with deposit mobilization squeezing margins. Credit growth is projected at 13-14%, while deposits may grow 11-12%, creating a funding gap.
Punjab and Sind Bank closes LBO recruitment registration today for 1,000 JMGS I posts across 17 states. Eligibility includes graduation, banking experience, and CIBIL score. Apply now.
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The government may increase FDI in the pension sector to 100%, aligning it with insurance. A Bill is expected in the next Parliament session, with current FDI capped at 49%.
Gold futures on MCX dropped sharply by Rs 1,310 to Rs 15,329.91 per 10 grams, while silver slumped to Rs 25,196.7 per kg, reflecting market volatility and global cues.
The Indian rupee appreciated by 13 paise to 92.78 against the US dollar in early trade on Monday. Forex traders noted the currency is likely to remain range-bound due to volatile West Asia tensions after Iran closed the Strait of Hormuz for shipping.
Yes Bank reports a 45% year-on-year increase in net profit for Q4 FY26, driven by robust growth in net interest income and improved asset quality. Net interest margins also expanded significantly.
Experts discuss critical measures like stricter oversight, advanced technology, and accountability to prevent recurring bank frauds and protect public money in India's financial system.
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Police in Jaisalmer have arrested former managing director Jagdish Suthar and ex-cashier Vivek Sen for allegedly misappropriating Rs 70 lakh meant for 70 farmers' agricultural claims through forged signatures and branch transfers.
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
