LIC's Special Drive to Revive Lapsed Policies Until March 2026
LIC announces a special campaign offering up to 30% late fee concession for reviving lapsed non-linked policies. Act before March 2, 2026, to restore your insurance cover affordably.
Category : Banking
Bank Credit Outpaces Deposits, CD Ratio Soars to 102%
Indian banks' credit growth outstripped deposit mobilisation in 2025, pushing the incremental CD ratio to 102%. Explore the funding pressures and market implications.
PHL Variable Insurance Faces Liquidation, Legal Action Looms
Connecticut regulators abandon rehab plan for PHL Variable Insurance, may liquidate. A $2.2B shortfall found. Policyholders' $500M+ withheld. Potential lawsuit against Golden Gate Capital. Read for details.
RBI Rate Cut Amid Robust Growth Marks Policy Shift
The RBI's latest rate cut reveals a pragmatic shift, acknowledging that inflation targeting alone cannot steer growth. Experts analyze the new policy direction. Read more.
Two New BSRB Branches Approved for Bihar's Supaul & Madhubani
Bihar Finance Minister Bijendra Yadav approves two new BSRB branches in Parsarma and Laukaha to boost rural banking and financial inclusion. Details inside.
Consumer Forum Slaps Bank for Unfair Credit Card Practice
Dharwad consumer forum fines HDFC Bank Rs 50,000 for issuing three cards for one application, calling it a deficiency in service. Read the full verdict.
BoB Report: Strong Fundamentals for India's Banking Credit Growth
A Bank of Baroda report highlights the Indian banking sector's resilience with strong fundamentals, predicting robust credit growth ahead. Read the full analysis.
HDFC Bank NetBanking Unavailable Jan 4, 2026 for Maintenance
HDFC Bank announces a 4-hour scheduled maintenance on January 4, 2026, from 12 AM to 4 AM IST, affecting NetBanking. Mobile app, PayZapp, and other services will remain operational. Plan your banking accordingly.
Why NRE Fixed Deposits Are a Smart Choice for NRIs
Discover how NRE Fixed Deposits offer NRIs a stable, tax-efficient way to save in India. Learn strategies for goal-based planning and managing foreign income effectively.
ECGC PO Admit Card 2025 Released at ecgc.in
ECGC has released the admit card for the Probationary Officer exam. Download your hall ticket from ecgc.in before the online test on January 11, 2026. Check steps and details here.
PIB Fact-Check: ₹500 Notes Not Discontinued, Fake News Circulates
PIB refutes viral social media claims about ₹500 note demonetisation by March 2026. RBI has made no such announcement. Verify news from official sources before sharing.
UAE to Stop SMS OTPs for Online Payments from 2026
Major UAE banks will stop sending OTPs via SMS for online card payments from January 6, 2026. Learn about the new in-app approval system and how to prepare for this security upgrade.
UAE to End SMS OTPs for Online Payments in 2026
UAE banks will stop SMS OTPs for online payments from Jan 6, 2026. Switch to in-app biometric approval now to avoid transaction declines. A major security upgrade.
UAE to stop SMS OTPs for online payments from 2026
Major UAE banks will stop sending OTPs via SMS for online payments from January 2026. Learn about the new in-app authentication system, why it's safer, and how residents must prepare.
AI to Cut 200,000+ European Banking Jobs: Morgan Stanley
Morgan Stanley warns AI and digitalisation could eliminate 10% of Europe's banking workforce by 2030, impacting over 200,000 jobs. Discover the sectors most at risk and the industry's push for efficiency.
ECGC PO Admit Card 2025 Out: How to Download
ECGC PO Admit Card 2025 is now available for download on ecgc.in. Check steps, exam date, and crucial instructions for the Probationary Officer recruitment exam.
ICAI Postpones Peer Review Phase IV by One Year
ICAI defers Phase IV of Peer Review Mandate to Dec 31, 2026, offering relief to CA firms. Learn what this means for firms auditing PSU banks & multi-partner units. Plan your compliance now!
SBI Clerk Mains Result 2025 Out at sbi.co.in
State Bank of India has declared the SBI Clerk Mains Result 2025. Candidates can now download their scorecards and check cut-off marks. Get direct link and steps here.
January 2026 Bank Holidays: Full List for India
Plan your finances with the complete list of 16 bank holidays in January 2026 across India. Check city-wise closures for Republic Day, Makar Sankranti, and more.
RBI Ranks 7th in Global Central Bank Assets 2025
The Reserve Bank of India holds the 7th spot among the world's largest central banks by assets in 2025, as per BIS data. Discover the full top 10 list and key insights.
RBI flags NBFC-bank links as risk to financial stability
RBI's latest banking report shows strong sector health but warns of growing complexity and risk from deepening NBFC-bank interconnections. Read the full analysis.
UPI Hits Record 2,163 Cr Transactions in Dec 2025
UPI payments closed 2025 at a new high with 2,163 crore transactions in December. Discover the full NPCI data, growth trends, and what it means for India's digital economy. Read more.
PFRDA Allows Banks to Set Up Independent NPS Pension Funds
PFRDA approves a new framework allowing banks to independently sponsor and manage NPS pension funds, aiming to enhance competition and protect subscribers. New trustees appointed and fee structure revised.
Credit-Deposit Gap Widens as Deposits Shrink in Dec
RBI data reveals a widening credit-deposit gap as bank deposits fell by Rs 1.7 lakh crore in early December. Credit growth remains strong at 11.9%, forcing banks to tap alternative liquidity. Read the full analysis.
Rs 9.2 Crore Loan Fraud Hits Bank of Baroda in Rae Bareli
Police in Rae Bareli register an FIR against 48 individuals for a Rs 9.2 crore banking fraud at a Bank of Baroda branch using forged KYC and income documents. Read the full investigation details.
Jan 2 Bank Holiday: Check City-Wise List for New Year
Banks in Aizawl, Kochi, and Thiruvananthapuram are closed on January 2, 2026, for New Year Celebrations/Mannam Jayanthi. Check the full city-wise operational status and available digital banking services.
Gold Loans Surge 125%, Driving New Bank Credit
Gold loans in India surge 125% YoY, contributing 12% of new bank credit. Discover how rising gold prices and a shift to secured lending are reshaping the banking sector's portfolio.
Bankers Eye Bumper Bonuses After Record $1.5Bn Fee Year
Indian investment bankers anticipate record bonuses for 2025 after the industry earned a staggering $1.5 billion in fees. Discover which banks led the charge and the outlook for 2026.
ED returns Rs 63 crore to banks in GS Oils fraud case
Enforcement Directorate's Hyderabad unit restores assets worth Rs 63 crore to SBI and UCO Bank in the GS Oils loan fraud case. A major step in recovering public money lost to bank scams.
Kolkata Bank Files Rs 11.2 Cr Loan Fraud Case
A private bank in Kolkata has filed a police complaint alleging a Rs 11.2 crore loan fraud by an education trust running an engineering college in Hooghly. Read the full investigation details.
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