UP Cyber Fraud: ₹58 Crore Scam via Rented Accounts, 5 Accused Arrested
Police in Balrampur district caught a big cyber fraud gang and arrested 5 criminals. This gang was running online scams across India. This gang...
Punjab & Sind Bank Officers Call Nationwide Strike on May 19 Over Policy Disputes
In a significant move that could shake up banking operations across India, over 5,000 officers of Punjab & Sind Bank are planning a one-day...
Boubyan Bank in Kuwait has adopted Intellect’s digital banking platform
Boubyan Bank in Kuwait has completed the second phase of implementing Intellect Design Arena’s eMACH.ai Digital Transaction Banking solution. Here’s what the new platform...
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 announced Shri Indranil Bhattacharyya as a New Executive Director
Shri Indranil Bhattacharyya is appointed as a New Executive Director by RBI, starting March 19, 2025. Highlighted points of the announcement:
Role of Shri Indranil...
World Bank Lowered India’s Growth Prediction for 2025-26 to 6.3%.
The World Bank revised India’s expected economic growth for 2025-26 from 6.7% to 6.3% which is 0.4% (or 40 basis points) lower than their...
Bandhan Bank Cleans Up Books, Offloads ₹3,212 Crore Bad Loans to ARCIL
Bandhan Bank had some bad loans in its microfinance business, which were mostly unsecured microfinance loans with no collateral such as property or gold...
Yes Bank Faces A Tax Demand Notice of Rs 2209 Crore
Yes Bank confirmed that it has received a demand notice from Income Tax Department for the assessment year 2019-2020. The Income tax department reopened...
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...
IndusInd Bank’s Internal Audit Chief Jyoti Prasad Ratho, Retires
IndusInd Bank has officially announced that Jyoti Prasad Ratho who was in charge of internal audit, has retired and is no longer part of...
