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Banking

Discover the latest banking news and updates on the banking sector in India with Newsblare. Stay informed about news trends, developments, and key insights.

Banking

SBI Staff Unions Rally for Strike Over Unmet Demands

State Bank of India (SBI) may experience service interruptions later this month. Employees’ unions have announced a two-day nationwide strike that could result in a four-day closure of branch operations. SBI Staff Unions Rally for Strike The All India State Bank of India Staff Federation (AISBISF) has planned the strike for May 25 and 26.

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Banking

Armed Robbery in Gujarat: ₹50 Lakh Looted from SBI Bank in Surat

A daylight armed robbery at a State Bank of India (SBI) branch in the Varachha area of Surat reported after CCTV footage showed a group of armed men entering the building one by one and escaping with cash. Police confirmed that around Rs 50 lakh stolen in the incident. Robbers robbed SBI Bank Surat on

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Banking

HDFC Responds to Atanu Chakraborty Exit, Calls Governance ‘Robust’

Following the resignation of HDFC Bank chairman Atanu Chakraborty, the bank’s board members held a conference call with journalists on Thursday, March 19, 2026, and expressed that they were “baffled” by the resignation. “We are not sure what triggered the resignation,” said Sashidhar Jagdishan, MD and CEO of HDFC Bank. HDFC Responds to Atanu Chakraborty

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Banking

₹75-Crore Fraud in CREST Accounts Puts IDFC Bank Under Scrutiny Again

The Economic Offences Police Station (EOPS) in Sector 17, Chandigarh, registered a case today after discovering significant financial irregularities in IDFC Bank accounts belonging to the Chandigarh Renewable Energy and Science & Technology Promotion Society (CREST), which operates under the UT Administration. IDFC Bank again falls in 75 crore fraud case Police said that the

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Banking

590 crore IDFC Bank Scam: 391 suspect transactions on over 170 accounts

Investigators in Haryana are looking into the Rs 590-crore IDFC Bank scam. They have found at least 391 suspicious transactions in over 170 accounts over the past few months. This includes key Haryana government departments, bank employees, and four senior IAS officers. Sources shows that many of the accounts under investigation belong to businessmen, real

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Banking

IDFC First Bank Stock Slides 16%; Recovery Possible After Block Deals

Shares of IDFC First Bank Ltd., the Mumbai-based private lender, dropped as much as 20% on Monday, February 23. This decline followed the announcement of a fraud worth ₹590 crore on Sunday. It marks the largest single-day fall for the stock since March 2020. In the first few minutes of the trading session, 3.17 crore

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Banking

HDFC Bank Employee Invokes Caste in Kanpur Confrontation Video

Dramatic scenes arise in an HDFC Bank branch in Uttar Pradesh’s Kanpur after a female employee had a heated argument with a customer. A video of the tense situation has surfaced on social media. In the footage, the employee, identified as Aastha Singh, was seen shouting at the customer, sparking widespread anger over her unprofessional

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Banking

MNS Leader Confronts Bank Employee Over Marathi Language Demand in Mumbai

A new language dispute has arisen in Maharashtra after a bank employee was threatened by members of the Maharashtra NavnirmanSena (MNS) for not knowing Marathi. This incident occurred at a Bank of Maharashtra branch in Mumbai’s Mahim area and has led to a strong reaction on social media after a video went viral. MNS leader

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Banking

SBI Chairman Says India’s Banking System Strong Enough to Withstand Global Shocks

India’s banking system is in a much better position today to handle global shocks. This improvement comes from cleaner balance sheets, stronger capital reserves, and careful financial management. Chairman of the SBI, CS Setty mentioned that years of reforms and stricter regulations have strengthened banks. This has improved their ability to support economic growth, even

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Banking

Rs 1.5 Crore House Under Scanner as Ex-ATM Guard Linked to FD Scam

The former security guard, Dilip Kumar detained under FD Scam. A day earlier, a bank correspondent and his aide arrested for allegedly stealing funds worth lakhs of rupees by issuing fake FD receipts to customers at a private bank branch on Mohaan Road, near the Dr.Shakuntala Mishra National Rehabilitation University. Ex ATM Guard detained in

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