Staggering Breach: Marquis Hack Puts Millions of Bank Customers at Risk
Marquis, a company that provides software and marketing tools to hundreds of banks and credit unions, was hacked in August 2025 through a security...
RBI Tightens Rules for Foreign Banks on Reporting Large Loans
The Reserve Bank of India (RBI) has tightened rules on how foreign banks operating in India must measure and report their large exposures (big...
Centre Starts Divestment in Bank of Maharashtra; 6% Stake Up for Sale at ₹54...
The Government of India is selling a part of its stake in Bank of Maharashtra through an Offer for Sale (OFS). This is a...
₹57,000 Crore Scam: MOS Identifies Mallya, Nirav Among 15 Top FEOs in Lok Sabha
The government told Parliament (Lok Sabha) about the status of big financial crime cases in India. As of October 31, 2025, a total of...
UFBU Calls Nationwide Bank Strike Demanding 5-Day Banking Implementation
India’s banking sector is preparing for a major agitation as the United Forum of Bank Unions (UFBU) launches a nationwide protest campaign demanding the...
HDFC Bank Faces ₹91 Lakh Fine from RBI for Compliance Lapses
The Reserve Bank of India (RBI) reviewed HDFC Bank’s internal operations as of March 31, 2024, and discovered that the bank had violated several...
Bandhan Bank to Auction ₹6,900 Crore in Loans Unpaid for Years
Bandhan Bank has several loans that borrowers have not repaid for a long time. These unpaid loans are known as Non-Performing Assets (NPAs) meaning...
Kotak Bank Boosts Share Count: Announces 5-for-1 Stock Split for Existing Shareholders
Kotak Mahindra Bank has decided to split its shares. Right now, 1 share will be divided into 5 smaller shares. This does not change...
Non-Bank Lenders to See Slower Home Loan Growth in FY26, Says Crisil
On Wednesday, CRISIL released a report stating that Non-bank lenders (like housing finance companies that are not regular banks) are expected to grow more...
Modi Govt Misused World Bank Money,” Claims JSP Leader Pavan Varma
According to Pavan Verma, the Modi government used a World Bank loan of about ₹14,000 crore in a way it was not supposed to...