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

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

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

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

The Reserve Bank of India (RBI) fined HDFC Bank Rs 91 lakh for breaking rules about Know Your Customer (KYC), interest rates, and outsourcing. On Friday, RBI performed a Statutory Inspection for Supervisory Evaluation (ISE 2024) of the bank, looking at its financial status as of March 31, 2024. RBI punish HDFC bank with Rs

Bandhan Bank has decided to sell off unsecured retail loans, including non-performing assets and written-off accounts. The bank sells it at Rs 7,000 crore to asset reconstruction companies and other eligible buyers. It announced in a stock exchange filing on Thursday. It is one of the largest retail-loan sales by a private-sector lender in recent

FinReach Solutions raised Rs 21.9 crore in a new funding round led by Colossa Ventures, along with existing investors Michael & Susan Dell Foundation, Omidyar Network Fund Inc., and Caspian SME Impact Fund IV. FinReach Solutions raised Rs 21.9 crore funding This new capital will help the private-sector credit guarantee facilitator expand operations and improve

Days after the State Bank of India (SBI) labelled Anil Ambani’s Reliance Communications’ (RCom) accounts as fraud. The Bank of India (BOI) also categorised the loan accounts of the company, its promoter Anil Ambani, and Reliance Telecom as fraud. BOI state Anil Ambani’s RCom as fraud The bank accused them of misusing funds and breaking

Kotak Mahindra Bank Ltd denies media reports that claimed an extensive amount credited to the account of a deceased women. The explanation comes after allegations by 19-year-old teens, Deepak alias Deepu, who said that a massive sum appeared in his late mother Gayatri Devi’s account. Gayatri Devi passed away 2 months ago, however the account

In a weird incident in Greater Noida, a 19-year-old young shocked to find that more than ₹1.13 lakh crore credited in his dead mother’s Kotak Mahindra Bank account. The account immediately frozen. The matter reach to income tax department for research. The shocking incident occurs in Dankaur, placed in Greater Noida, where the children determined