₹65.68 Crore Dispute Resolved: Bombay High Court Tells IndusInd Bank to Pay Lilavati Trust
The Bombay High Court has intervened to resolve a financial dispute between IndusInd Bank and the Lilavati Trust. The matter stemmed from internal disagreements...
Fino Payments Bank Upgrades Core Banking System to Finacle Platform
Fino Payments Bank has upgraded its main banking system (called Core Banking System or CBS) to a new platform called Finacle. This is a...
RBI Eases Regulations, Making NBFC Growth Faster and Simpler
The Reserve Bank of India has introduced new rules for Non-Banking Financial Companies, making it easier for them to expand their operations.
Earlier, NBFCs had...
Fire Breaks Out at SBI Branch: Short Circuit Destroys Bikes, Computers and Key Documents
A fire broke out early Saturday morning at a branch of the State Bank of India located in Janghai Bazaar under the Saraimamera police...
Delhi High Court Rejects State Bank of India Review Plea, Brings 32-Year-Old Case to...
The Delhi High Court dismissed a review petition filed by State Bank of India (SBI).This decision effectively ends a long legal dispute that lasted...
RBI MPC Meeting: Repo Rate Held at 5.25% Amid Concerns Over Global Economic Risks
During Monetary Policy Committee press conference on Friday, RBI warned that global problems (like war and uncertainty) can hurt India’s economy in the future....
Kotak Mahindra Bank Introduces One-Click Instant Loan Feature for Businesses
Kotak Mahindra Bank has launched a new digital feature that allows companies to take loans instantly with just one click. Earlier, if a company...
Smart Money Move: Purchased a House Without Financial Strain, Using Investments to Pay the...
A post on X recently went viral about a man who managed to buy a house without using all his cash. The person had...
CAG Report: Many IPPB Accounts Opened Without Checking Mobile Numbers
A report by the government auditor, the Comptroller and Auditor General of India (CAG), has found several problems in India Post Payments Bank (IPPB)....
HDFC Bank Punishes 12 Employees for Wrongly Selling Credit Suisse AT1 Bonds
HDFC Bank punished 12 employees, including senior leader Ashish Parthasarathy, because they were involved in selling risky bonds (called AT1 bonds) to customers in...