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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

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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Banking

Link PAN with Aadhaar by Today ( 31 Dec): Late Fee Details and Step-by-Step Guide

If you haven’t linked your PAN with Aadhaar yet, today is the last day to do so. The deadline for linking is today, December 31, 2025, giving taxpayers just a few hours to finish the process. The Income Tax Department has warned that PAN cards not linked with Aadhaar by the end of the day

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Banking

Major Recruitment Reform: Finance Ministry Standardises SBI, Nationalised & RRB Hiring Processes

Applicants preparing for jobs in major public sector banks across India now face a simpler and more consistent hiring process following the Finance Ministry’s latest directives. The Finance Ministry Standardises SBI by introduced a set of reforms. It focus on recruitment assessments and the schedule for result announcements. It affects the State Bank of India

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