Finance Ministry Meets PSB Chiefs Over Q1 Results, SBI Tops with ₹44,218 Crore Profit
On Wednesday, Finance Ministry held a meeting with the heads of public sector banks to review their financial performance for the first quarter (April–June)...
IDBI Bank Privatisation Nears Completion: A Transformative Shift in India’s Banking Sector
The Indian government is on the brink of finalising one of its most significant financial reforms—the privatisation of IDBI Bank. Reports indicate that the...
Unclaimed Deposits in Indian Banks Climb to ₹67,003 Crore
By the end of June 2025, RBI stated that all banks in India including public sector and private banks together held ₹67,003 crore in...
RBI Fines PhonePe ₹21 Lakh for Violating PPI Norms
The Reserve Bank of India (RBI) recently imposed a penalty of ₹21 lakh on PhonePe for breaking certain rules related to digital wallets (also...
ICICI Bank To Pay Over ₹1 Crore in SIM Swap Cyberfraud Case
On 31 July 2025, the tribunal (legal panel) ordered Vodafone and ICICI Bank to jointly pay over Rs 1.20 crore (compensation + penalties) to...
HDFC Bank Launches Project HAKK (Hawai Anubhavi Kalyan Kendra) to assist IAF Veterans
HDFC Bank signed an agreement (MoU) with the Indian Air Force through the office of the Assistant Chief of Air Staff – Accounts &...
Chennai Private Bank Employees Arrested for Embezzling Over ₹8 Crore
Three employees of a private bank in Anna Nagar, Chennai have been arrested by the Central Crime Branch (CCB). The accused are Deputy Manager...
One State One RRB To Be Implemented Soon
The Finance Ministry is ready to implement "One State-One RRB" in which 15 Regional Rural Banks (RRBs) operating in various states will be merged....
5 days Banking – No banking on Saturdays if notified
5 days Banking Updates
Key Highlights on the Proposed Banking Schedule Changes:
1. Upcoming Decision: By December 2023, over 1.5 million bank professionals might transition to...
How to Block Your OneCard Credit Card: A Step-by-Step Guide
In collaboration with IDFC bank, OneCard, the first Metal Card in India, offers credit card services. Together with innovative features and incentive programs, the...