Rs 2.97 Crore Loan Fraud Hits Bengaluru Co-op Society
A major loan fraud of Rs 2.97 crore has been uncovered at a Bengaluru cooperative credit society. CEO Poojashree PV filed a police complaint on December 24. Read the full details.
Category : Banking
Scotiabank CEO: Latin America Political Shift Aids Growth
Bank of Nova Scotia's CEO says rightward political moves in Latin America and renewed US influence will benefit the bank's international business. Read more on the regional outlook.
RBI Issues Draft Rules for Bank Dividend Payouts
RBI proposes new rules linking bank dividends to capital adequacy & profit quality from FY27. Banks paid over Rs 75,000 crore last year. Know the key conditions.
Bank Employees' 850km Cycle Yatra Reaches Vijayawada
The AP & Telangana Bank Employees Federation's 850km 'Jana Chaitanya Yatra' reached Vijayawada, demanding protection for public sector banks, staff recruitment, and a 5-day work week. Read more.
Bommai: Banks Must Use Local Deposits for Regional Development
Haveri MP Basavaraj Bommai pushes banks to boost local lending, reviews key schemes, and sets a high credit-deposit target for Gadag district. Read more.
1 Lakh Postmen to Become Mutual Fund Distributors
India Post's massive network of 1.6 lakh branches is being leveraged to sell mutual funds. Can this ambitious plan bridge the financial inclusion gap? Read more.
Fitch: RBI Reforms Lower Risks, Boost Indian Banking Health
Fitch Ratings says enhanced RBI oversight and a robust supervisory toolkit are lowering systemic risks for Indian banks. Strong metrics and economic growth offer a positive outlook. Read the full analysis.
SBI Clerk Mains Result 2025 Release Date Announced
SBI Clerk Mains Result 2025 is expected to be released soon. Candidates can check the official date and direct link for results on the SBI careers portal. Stay updated.
MP Apex Bank Recruitment 2026: 2076 Vacancies Notified
MP Rajya Sahakari Bank announces 2076 vacancies for Computer Operator, Society Manager & Officer posts. Apply online from Jan 6, 2026, on apexbankmp.bank.in. Check eligibility & dates.
Budget 2026 may boost women's credit, insurance via Jan Dhan
Govt mulls women-centric financial measures for Budget 2026, focusing on credit cards, loans & insurance via Jan Dhan accounts to boost inclusion. Read details.
Paisalo Digital Secures ₹188.5 Cr to Reduce Funding Costs
SBI Life-backed NBFC Paisalo Digital raises ₹188.5 crore at 8.5% ROI to strengthen its capital base and expand its lending operations across India. Read more.
SBI Life's NBFC Arm Raises Rs 500 Crore via NCDs
SBI Life Insurance's NBFC subsidiary, SBI Life Insurance Company Limited - NBFC, raises Rs 500 crore through NCDs to strengthen its capital base and support business growth. Details inside.
RBI Rate Cut Forecast: 125 bps in 2025, 50 bps in 2026
Nomura predicts RBI will cut rates by 125 bps in 2025 and 50 bps in 2026, with inflation easing. Key drivers include monsoon and Fed policy. Read the full analysis.
Mega Credit Guarantee for NBFC-MFIs in Upcoming Budget
The Centre is set to announce a large one-time credit guarantee scheme for NBFC-MFIs in Budget 2026-27 to ease liquidity, boost lending to low-income households, and reverse the sector's declining loan portfolio. Read more.
Bank Holidays for Pongal, Lohri, Makar Sankranti Next Week
Banks across multiple Indian states will be closed next week for Pongal, Lohri, and Makar Sankranti. Check the state-wise list of holidays to plan your financial transactions.
RBI Lateral Recruitment 2025 Registration Ends Today
The RBI Services Board closes the application window for 93 expert Grade C, D, and E posts today, January 6, 2026, at 6 PM. Apply now at opportunities.rbi.org.in before the deadline.
Sheetal Tejwani arrested in multi-crore bank fraud case
Maharashtra CID arrests Sheetal Tejwani in Rs 20.49 crore Seva Vikas Cooperative Bank loan fraud. Accused of misusing loans for luxury car & fund transfers. Read the full investigation details.
SBI Sees Oil at $50/Barrel by 2026, Impact on India
A new SBI Research report forecasts a significant decline in global crude oil prices to around $50 per barrel by mid-2026. Discover the key drivers and what this means for India's economy and inflation.
Gurgaon man files FIR over fraudulent loan on CIBIL report
A Gurgaon resident discovered an unauthorized loan of Rs 20,000 on his CIBIL report, leading to recovery calls. An FIR for cheating and impersonation has been registered. Learn how to protect your credit score.
₹12 Crore from Chandigarh's Dormant Accounts Moved to RBI
A staggering ₹12 crore from 573 inactive accounts in Chandigarh cooperative banks has been transferred to the RBI's depositor education fund. Discover the implications for account holders and the banking system.
Stablecoins Go Mainstream: 5 Questions for 2026's Money Race
Stablecoins had a breakthrough year in 2025, but the race for the perfect 21st-century money is far from over. Explore the five critical questions shaping digital currencies in 2026, from CBDCs to geopolitics.
RBI's Third Warning to NBFCs in 8 Days
The Reserve Bank of India cautions NBFCs in Mumbai to strengthen underwriting, track asset quality, and lend responsibly. Read key risks flagged in the latest stability report.
Brazil Court Investigates Central Bank's Banco Master Liquidation
Brazil's audit court orders probe into central bank's Banco Master liquidation, risking legal certainty. Investigation examines 'motivation, coherence, proportionality' of the move.
India IB Fees Hit $1.3B, Jefferies Leads with $99M
India's investment banking fees soared to $1.3 billion in 2025, driven by record IPOs and M&A. Jefferies topped the league table with $98.9 million. Read the full analysis.
Bank Credit Outpaces Deposits, Term Deposits Gain Share
Major Indian banks report faster credit growth than deposit mobilisation in Dec 2025 quarter. HDFC Bank, BoB, PNB show shift to term deposits, impacting margins. Read the full analysis.
RBI Governor Meets NBFC Heads, Stresses Loan Quality
RBI Governor Sanjay Malhotra met top NBFC executives, stressing strong lending standards and customer service for sector stability. Key officials attended.
Bank Unions Threaten Strike Over 5-Day Week Delay
Bank employees escalate protest, demanding immediate 5-day work week implementation. Nationwide strike planned for Jan 27, 2026 if demands unmet. Read full details.
Bank Unions Stage Dharna in Raipur for 5-Day Week
Bank unions held a day-long dharna in Raipur, demanding immediate implementation of a five-day work week. A nationwide bank strike is planned for January 27 if demands are unmet.
Payments Board's First Meet Reviews Vision 2028 Draft
The newly constituted Payments Regulatory Board held its inaugural meeting, reviewing the draft 'Payments Vision 2028' document. The board discussed key themes for India's digital payments future. Read more.
Avanse raises Rs 1,200 cr via rights issue for growth
Avanse Financial Services secures Rs 1,200 crore from major investors to expand its education loan portfolio, enhance digital platforms, and strengthen its balance sheet for future growth. Discover their strategic plans.
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