IBBI Aligns Bankruptcy Code with Anti-Money Laundering Laws
IBBI makes landmark move to integrate bankruptcy proceedings with PMLA, creating powerful new weapon against financial fraud and strengthening India's financial ecosystem.
Category : Banking
Sharjah Islamic Bank Issues $500M Sukuk Amid Huge Demand
Sharjah Islamic Bank successfully prices $500 million 5-year Sukuk with overwhelming international response, showcasing strong investor confidence in UAE's Islamic finance sector.
SBI Study: India Needs Comprehensive Gold Policy Now
A groundbreaking SBI study reveals how India's massive gold reserves could transform the economy. Discover the strategic roadmap for monetizing household gold and reducing imports.
PSU Banks Record ₹49,456 Cr Profit in Q2
India's public sector banks achieve historic quarterly profits with 9% growth, driven by reduced bad loans and improved interest income. Discover how state-owned lenders are transforming their financial landscape.
World's First Cashless Society Revealed
Discover how one nation has completely eliminated physical currency, creating a revolutionary digital payment ecosystem that's transforming daily life and economy.
RBI Dividend to Offset GST Revenue Loss: Report
New analysis reveals RBI's increased dividend payout could compensate for potential revenue shortfalls from GST rationalization in the upcoming fiscal year, providing fiscal cushion for government.
India's Asset Recovery Wins FATF Praise, ED Framework Highlighted
Financial Action Task Force highlights India's groundbreaking achievements in asset recovery, featuring Enforcement Directorate's successful framework as international best practice.
Credit-Deposit Ratio Breaches 80% in Festive October
India's banking sector witnesses robust credit growth as festive demand drives loan disbursements, pushing the credit-deposit ratio beyond 80% for the first time in recent history, according to CAREEdge Ratings analysis.
Court: No Interest on Recovered Mallya Funds
In a landmark judgment, Karnataka High Court rules banks cannot charge interest on already recovered amounts from Vijay Mallya's defunct Kingfisher Airlines, setting a crucial precedent for banking recovery practices.
Bank Holiday Nov 5: Guru Nanak Jayanti Banking Schedule
Planning your banking for Wednesday? Here's everything you need to know about bank operations on Guru Nanak Jayanti holiday across India.
Karnataka farmer's land sold by bank without knowledge
In a startling case from Karnataka's Koppal district, a farmer discovers his mortgaged agricultural land was auctioned by a bank without his knowledge, raising serious questions about banking transparency and farmer rights.
PNB MetLife Launches 360 Biz Digital Platform for MSMEs
PNB MetLife unveils groundbreaking 360 Biz digital platform, transforming insurance accessibility for India's MSME sector with comprehensive digital solutions.
ED Raids Mumbai Over IPO Fund Fraud Scam
Enforcement Directorate conducts sweeping searches across Mumbai locations in major crackdown on alleged ₹30 crore IPO fund diversion scam. Key suspects under scanner for money laundering activities.
Indian Bank MD Backs Jharkhand's Economic Growth
Indian Bank's Managing Director Binod Kumar commits to accelerating Jharkhand's economic development through enhanced banking services, digital transformation, and robust credit support for key sectors.
SBI Clerk Prelims Result 2025 Released - Check Now
State Bank of India has officially released the SBI Clerk Prelims 2025 results. Discover step-by-step instructions to check your scores, download the merit list, and prepare for the next phase.
SBI Predicts Consumption Boom from Tax & Rate Cuts
State Bank of India upgrades credit growth outlook as tax relief and potential rate cuts create perfect storm for consumer spending explosion. Get exclusive insights.
SBI Clerk Prelims Result 2025 Declared - Check Now!
State Bank of India has officially declared the SBI Clerk Prelims 2025 results. Discover how to check your scores, download the merit list, and prepare for the next phase.
Mallya Urges Court: Stop Bank Interest on Recovered Loans
Fugitive businessman Vijay Mallya files fresh petition requesting banks to halt interest accumulation on already recovered loans in ongoing financial battle.
RBI rejects Maharashtra's asset reconstruction company licence
In a major setback for the Maharashtra government, the Reserve Bank of India has rejected the licence application for the state's proposed asset reconstruction company, dealing a blow to efforts aimed at tackling the massive ₹1 lakh crore stressed loans.
SBI Launches Single Window KYC via YONO App
State Bank of India announces groundbreaking single window KYC system through YONO app, eliminating repetitive verification processes and enhancing digital banking convenience for millions of customers.
GST Cut Boosts Bajaj Finance Loans by 27%
Bajaj Finance reports massive 27% growth in festive loan disbursements following GST reduction on consumer goods. Discover how tax cuts are driving consumer spending this festive season.
SBI Clerk Prelims 2025 Results Declared
State Bank of India has officially announced SBI Clerk Prelims 2025 results. Discover if you've qualified for mains, download scorecards, and learn crucial next steps for your banking career.
Mumbai Metro Station Renamed Zurich-Kotak Goregaon East
In a landmark corporate partnership, Mumbai Metro Line 7's Goregaon East station has been officially renamed Zurich-Kotak Goregaon East, marking a significant moment in the city's infrastructure development.
WeBank Debuts at Hong Kong FinTech Week 2025
Chinese fintech giants WeBank and WeBank Technology Services showcased groundbreaking digital banking innovations at Hong Kong FinTech Week x StartmeupHK Festival 2025, highlighting Asia's growing fintech dominance.
RBI Intervenes Again: Rupee Saved From Record Low
The Reserve Bank of India intervenes forcefully to prevent the rupee from hitting historic lows against the US dollar. Discover how India's central bank is battling currency pressures and what it means for the economy.
RBI Gold: Economic Shield or False Security?
Explore the controversial role of India's massive gold reserves as the RBI's safety net. Is the glittering metal truly protecting the economy or creating dangerous illusions?
Fitch upgrades Adani Ports outlook to stable
Fitch Ratings upgrades Adani Ports' outlook to stable, highlighting diversified funding sources and robust financial management as key strengths following US investigation developments.
PAN Deactivation Deadline: Link Aadhaar by Jan 1, 2026
Millions of PAN cards face deactivation in 2026 if not linked with Aadhaar. Learn the crucial steps to protect your financial identity and avoid penalties.
Bank CEO: All Money Will Be Tokenized in Future
Bill Winters, CEO of Standard Chartered, makes bold prediction about future financial transactions. Discover how tokenization will transform global money movement and what it means for India's digital economy.
UPI Goes Global: Now Live in Malaysia via Razorpay
NPCI's UPI expands internationally to Malaysia, allowing Indian travelers to make seamless payments through Razorpay-powered QR codes at merchants across the country.
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