Latest Stories

Union Bank of India Plans ₹20,000 Crore Fundraising via Infrastructure Bonds

Union Bank of India (a government-owned bank) wants to collect money from investors. The bank wants to raise money (₹20,000 crore). It will do this by issuing bonds (basically borrowing money from...

₹61.13 Crore Loan Fraud: Company Accused of Misleading Union Bank of India and Federal Bank, FIR Registered

The Central Bureau of Investigation (CBI) has filed a case (FIR) against a company in Chhattisgarh and its directors. The company is engaged in the manufacturing and sale of steel products such...

RBI Medical Consultant Recruitment 2026 – Check Eligibility & Apply Offline

The Reserve Bank of India (RBI) has issued a notice regarding the recruitment of Medical Consultant (MC). Interested candidates who meet all the eligibility requirements and wish to learn more about the...

Government May Shelve IDBI Bank Privatisation After Low Financial Bids from Buyers

The Central Government wanted to privatise IDBI Bank, which means selling its ownership to private investors. The plan was to complete this process in the financial year 2025–26, but now it may...

Another Arrest in IDFC First Bank Scam, Total Arrests Reach 12

The Haryana State Vigilance and Anti-Corruption Bureau (ACB) has arrested a jeweller named Rajan Katodia, who owns Sawan Jewellers, in connection with the fraud case involving IDFC First Bank. Investigators found that more...

Demonetisation Case: Axis Bank Ordered to Pay ₹3.19 Crore After Refusing Old Notes from Company

The National Consumer Disputes Redressal Commission (NCDRC) has ordered Axis Bank to pay ₹3.19 crore to a Delhi-based logistics company called Procure Logistics Services Pvt Ltd. During the 2016 Indian demonetisation, the...

IDFC First Bank ₹597-Crore Fraud Case: ED Searches 19 Locations, Freezes Over 90+ Bank Accounts

India’s financial crime agency, the Directorate of Enforcement (ED), carried out searches at 19 places in cities like Chandigarh, Mohali, Panchkula, Gurgaon and Bengaluru on March 12 related to a ₹597-crore fraud...

Assam Cooperative Apex Bank Assistant Recruitment 2026 – Apply Online for 150 Posts

The Assam Co-operative Apex Bank (ACAB) has released a notification regarding the recruitment for the position of Assistant. Candidates who meet the eligibility requirements and are interested in the position can review the notification and submit their applications. Title of the Position: Assistant Post Date: 12-03-2026 ...

YES Bank Names Vinay Muralidhar Tonse as MD and CEO for 3 Years

YES Bank has appointed Vinay Muralidhar Tonse as its new Managing Director (MD) and Chief Executive Officer (CEO) for three years. This appointment was approved by the Reserve Bank of India. Vinay...

MCLR Hike: Canara Bank Revises Lending Rates Effective Thursday

Canara Bank has decided to increase the interest rates it charges on some loans. The bank will raise its MCLR (Marginal Cost of Funds Based Lending Rate) by 10 basis points (0.10%)...