India gets 4th set of swiss bank account details under the agreed framework
As part of the annual automated information exchange, under which Switzerland has exchanged information with 101 countries about roughly 34 lakh financial accounts, India...
Thrissur-Based South Indian Bank Plans To Launch Fully Digital Bank
PR Seshadri, MD & CEO of South Indian Bank announced that that the Thrissur based bank, is getting ready to launch a fully digital...
Bank Correspondents Association in Tiruchi Appeals to Collector for Commission and Salary Support
Members of the Bank Business Correspondents Association in Tiruchi have asked the District Collector to help them get their commission and basic salary, which...
ICICI Bank Hikes Minimum Balance to ₹50,000 for New Customers; Existing Customers Unaffected
ICICI Bank has increased the monthly average balance (MAB) requirements for new savings account holders, starting from August 1, 2025.
In Metro or Big...
IndusInd Bank Considers Three Candidates for IndusInd Bank’s Next MD and CEO
IndusInd Bank shortlisted three candidates for IndusInd Bank next MD and CEO position. Bank should send the name by June 30 to RBI for...
World Bank extends unconditional loan of $250 million for SALT project in Andhra Pradesh
The World Bank (WB) has extended an unconditional loan of $250 million to the Supporting Andhra's Learning Transformation (SALT) project in recognition of the...
World Bank cuts India’s growth forecast to 6.5%
As rising commodity prices and debt troubles hit economies in South Asia, the World Bank cut the growth forecast for India for this financial...
“Ghost Tapping” – A Sneaky New Scam That Can Empty Bank Accounts Without PIN...
“Ghost Tapping” is an emerging digital scam that targets contactless payments (tap-to-pay with cards, phones, or digital wallets).
In this scam, fraudsters can steal money...
Conforming loan limit values for 2024 announced by the Federal Housing Finance Agency (FHFA)
A conforming loan limit value (low-cost area) and a baseline ("general") have been issued by the Federal Housing Finance Agency (FHFA) for conventional loans...
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...