Indian Funds in Swiss Banks Surge to ₹37,600 Crore, More Than Tripling in a...
In 2024, Indians put about 3.5 billion Swiss francs (around ₹37,600 crore) into Swiss banks. This is the highest amount since 2021 and more...
About 84,545 Bank Fraud Cases Reported During 2019-2020 – RBI, in reply to RTI
Around 84,545 fraud cases - involving about Rs 1.85 lakh crore - were reported by scheduled commercial banks and select FIs during 2019-20, an...
RBI Proposes New Rules to Prevent Mis-selling of Financial Products by Banks
The Reserve Bank of India (RBI) has proposed new rules to stop banks from mis-selling financial products like insurance and mutual funds. Mis-selling means...
Australia’s Quantum pipeline to be built with grant funding
CSIRO, Australia's national science agency, will administer the Next Generation Quantum Graduates Program, which provides students with the opportunity to participate in five cutting-edge...
BRICS Bank Loans Favor The Technologically Innovative Projects
The New Development Bank (NDB) established by BRICS have planned to provide lending for innovative technological projects. The bank was established with an objective...
Blackstone Cleared to Invest Up to 9.99% in Federal Bank After RBI Approval
Federal Bank has got permission from the RBI to let Blackstone, a big global investment company, buy nearly 10% of the bank. Blackstone will...
Himachal Pradesh State Co-operative Bank Wins Centre’s SHG Linkage Award for the Third Time
The Himachal Pradesh State Co-operative Bank received a National Award for its excellent work in connecting Self-Help Groups (SHGs) with banks. This award was...
RBL Bank Announces Two Key Senior Leadership Appointments
RBL Bank recently made important leadership changes to help improve its operations. Here are the key points:
Narendra Agrawal is appointed as the President and...
State Bank of India Faces UPI Outage, Affecting Other UPI Services
Today on 11th March State Bank of India (SBI) faced technical issues with its UPI services, causing problems for customers across India. Users were...
Bajaj Finance MD Anup Kumar Saha Resigns, Likely Contender for IndusInd Bank CEO Post
Anup Kumar Saha, the Managing Director of Bajaj Finance has resigned just four months after taking charge. The company said on Monday that he...