Category : Banking


Indian Bank Expands to Malaysia, Indonesia, UAE

State-owned Indian Bank announces expansion into Southeast Asia with branches in Malaysia and Indonesia, plus a UAE representative office. The move aims to tap the Indian diaspora, with CEO Binod Kumar detailing plans and recent financial growth.

Bank Deposits Cover Only 83% of Credit in India

Data for December 2025 reveals India's bank deposits now fund only 83% of commercial sector credit, down from 85% a year earlier, highlighting a structural shift toward non-bank financing.

Guntur Bank Fraud: ₹30 Crore Scam, 5 Arrested

Police in Vijayawada have registered two criminal cases and arrested five key accused in a massive financial fraud exceeding ₹30 crore at the Nallapadu branch of Guntur District Central Cooperative Bank. The scam involved bank officials, committee members

Gold Tops $4,900/oz; Silver & Platinum Rally to Records

Gold prices surged past $4,900 per ounce for the first time, driven by geopolitical tensions, a weaker US dollar, and Fed rate cut expectations. Silver and platinum also reached unprecedented highs in a broad precious metals rally.

Trump Sues JPMorgan Chase for $5B Over Political Bias Claims

Former US President Donald Trump has filed a $5 billion lawsuit against JPMorgan Chase and CEO Jamie Dimon, alleging political discrimination in banking services. The case centers on Florida laws protecting against debanking based on political beliefs.

Gold, Silver Prices Fall from Record Peaks as Rally Eases

Gold and silver prices in India declined on Thursday, retreating from their record highs. The yellow metal of 99.9% purity dropped by Rs 2,500 to Rs 1,57,200 per 10 grams, marking a significant correction after reaching unprecedented levels.

Budget 2026: Crypto Needs Regulation, Says Giottus CEO

Ahead of Union Budget 2026, Giottus CEO Vikram Subburaj calls for clear cryptocurrency regulations, comparing its evolution to gold and equity markets. He emphasizes moving from skepticism to structured oversight.

Tiger Global Ruling May Complicate M&A Tax Insurance

Supreme Court's Tiger Global tax ruling may lead insurers to tighten scrutiny on M&A deals, raise premiums, and impose stricter terms for tax liability insurance, reshaping future transaction protections.

Q3 Results 2026: 58 Indian Firms Report Earnings Today

More than 50 Indian companies, including major players like Adani Total Gas, Bandhan Bank, and Zee Entertainment, are set to announce their Q3 FY26 results today. Key previews for IndiGo, Coforge, and Zee Entertainment highlight mixed performance expectat

Gold Surges Toward $5,000: 5 Major Factors Explained

Gold prices are approaching $5,000 per ounce, driven by currency concerns, central bank purchases, stock market volatility, lower interest rates, and strong momentum. Investors flock to gold amid economic uncertainty.

Page 49 of 103