RBI Bans Gold Repledging in New Loan Norms
The RBI's new gold loan norms prohibit lending against repledged gold, forcing banks to wind down certain portfolios. Discover the impact on lenders and borrowers.
Category : Banking
CBI arrests bank manager for facilitating cyber fraud accounts
Axis Bank manager Nitesh Rai arrested by CBI for taking bribes to open mule accounts used in digital arrest scams. Investigation reveals wider banking system exploitation by cyber syndicates.
Public Sector Banks Show Strong H1 FY26 Performance
Public sector banks reported robust ₹93,675 crore net profit in H1 FY26 with NPA ratio falling to 2.30%. Finance ministry reviews digital transformation and government schemes progress.
Jharkhand Bank CD Ratio Improves to 52.19% in 2025
Jharkhand's credit-deposit ratio climbs to 52.19%, signaling economic growth. Finance minister urges banks to focus on inclusive lending and govt schemes. Read more.
Govt directs PSBs to ramp up MSME, agriculture lending
Finance Ministry urges public sector banks to increase credit flow to MSMEs and agriculture while maintaining strong risk management and digital expansion. Key initiatives reviewed.
Kinara Capital seeks majority stake sale for survival
Debt-laden Kinara Capital is in talks to sell a majority stake to strategic investors. The NBFC aims to raise funds to restart lending and resolve its ₹1,400 crore debt crisis.
SBI, Govt Clash in SC Over Spectrum Sale in Insolvency
State Bank of India argues spectrum can be sold under insolvency to recover dues, while government maintains it belongs to the state. Supreme Court hearing continues.
BOB Apprentices Recruitment 2025: 2700 Vacancies
Bank of Baroda announces 2700 apprentice positions for graduates. Monthly stipend ₹15,000. Apply online before December 1, 2025. Check eligibility now!
Alluca Group's $100M Gold Deal Sets New Standard
Alluca Group completes $100 million gold transaction, revolutionizing institutional gold investment with transparency and modern infrastructure. Discover how gold gets a 21st-century upgrade.
UAE Executes First Digital Dirham Government Payment
The UAE successfully completed its first government transaction using Digital Dirham in under 2 minutes, marking a major milestone in digital finance transformation and CBDC adoption.
Kolkata Credit Card Cloning: ₹11.86 Lakh Fraud
A major credit card cloning case uncovered in Kolkata where one victim lost ₹11.86 lakh. Learn essential safety measures to protect your finances from similar scams.
7 Red Flags for Personal Loan Scams in India
Protect yourself from digital lending fraud. Learn 7 key warning signs for personal loan scams and how to verify legitimate lenders before applying.
FPIs Invest $1.5B in Indian Financial Stocks
Foreign investors pump $1.5 billion into Indian banking stocks in October 2025. Discover why lenders are escaping US tariff impact and attracting massive investments.
ICRA Raises India Credit Growth Forecast to 12-13%
ICRA projects India's credit growth at 12-13% for FY2026, driven by strong demand and improved liquidity. Learn how this impacts the banking sector and economy.
Wall Street Expands India Hubs as US Tightens H-1B Visas
US President Trump's H-1B visa restrictions are accelerating Wall Street's expansion into Indian Global Capability Centers. Discover how JPMorgan, Goldman Sachs are hiring.
AI Reshaping 35-50% of Indian Banking Jobs
India's BFSI sector faces major AI-driven transformation with 35-50% job impact. Discover how hyper-personalization, legacy challenges, and Agentic AI are reshaping banking.
AI Transforms RBI's Monetary Policy Approach
Artificial intelligence offers RBI powerful tools for economic management but brings new risks. Learn how AI affects inflation, financial stability and policy decisions in India's evolving economy.
Bank of America's $120B Tech Investment in AI
Bank of America's AI chatbot Erica handles 2 million customer interactions daily, equivalent to 11,000 employees. Discover how massive tech budgets are reshaping banking competition.
Instant Personal Loans: Pros, Cons & Key Facts
Explore the complete guide to instant personal loans in India. Understand quick disbursal benefits, high interest risks, eligibility, and make an informed borrowing decision.
India's banking expansion: Size isn't everything
India aims to create global banking giants, but experts warn size alone doesn't ensure better outcomes. Learn why commercial logic should drive mergers, not policy mandates.
Visa-Mastercard Settlement May Change How You Pay
A landmark Visa-Mastercard settlement could let merchants add new fees based on your credit card type. Learn how this affects your rewards and daily spending.
Cooperative Banks Coming to All Cities Over 2 Lakh Population
Union Home Minister Amit Shah announces cooperative banks for all cities with 2+ lakh population. Plan aims to strengthen financial inclusion & cooperative sector. Read details.
RBI Deputy Governor on Strong Governance & Regulation
RBI Deputy Governor Swaminathan emphasizes that robust governance and clear intent eliminate regulatory gaps. Learn how effective supervision strengthens India's financial system.
Zerodha's Kamath Exposes Robinhood's $150M Withdrawal Fees
Zerodha co-founder Nithin Kamath reveals how US brokers charge for instant withdrawals while India's UPI remains free. Discover the $150M revenue gap and what it means for Indian fintech.
NUCFDC to seek SRO status from RBI by January
National Urban Cooperative Finance Corporation plans to apply for Self-Regulatory Organisation status from RBI by early January after crossing ₹300 crore capital threshold, enabling new financial services for cooperative banks.
Maharashtra approves ₹827 crore for 3 cooperative banks
Maharashtra government approves ₹827 crore capital infusion for Nashik, Nagpur & Dharashiv cooperative banks to strengthen rural credit flow. Opposition criticizes timing during election code.
Zerodha CEO: US Banking System Broken Compared to India's UPI
Zerodha founder Nithin Kamath exposes how Robinhood makes $100M from instant withdrawal fees, praising India's UPI system for enabling free transactions. Discover why US banking lags behind.
Life Insurance Grows 12%, Non-Life Stagnates Post-GST
India's life insurance sector surged 12.06% in October 2025, fueled by a GST waiver, while non-life premiums remained flat. Explore the divergent trends and expert outlook.
Sheetal Tejwani's Rs 60.7 Cr Bank Fraud Exposed
Sheetal Tejwani, accused in Pune's Rs 300 Cr land deal, previously defrauded Seva Vikas Bank of Rs 60.7 Cr using fake documents including scooter plate for Mercedes loan. Read shocking details.
PSU Bank Stocks Rally 500%: Merger Wave Fuels Growth
India's PSU banks stage stunning 500% rally in 5 years, outpacing private peers. Foreign investment floods banking sector as consolidation rumors swirl. Discover the forces driving this financial transformation.
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