Budget 2026 Banking Reforms Spark Market Turmoil
Union Budget 2026-27 introduced sweeping financial reforms including a high-level committee for banking review, NBFC restructuring, and MSME credit boosts, triggering a sharp sell-off...
ATM Usage to Change: Banks Announce Updated Rules Effective April 1
Banks like HDFC Bank, Punjab National Bank (PNB), and Jio Payments Bank are updating their ATM rules from April 1, 2026. These changes will...
Indian Banks To Adopt Fixed Monthly Payment System to Manage ATMs, Ending Per-Transaction Charges
Indian banks are changing the way they pay companies that manage their ATMs. Earlier, banks used to pay these companies based on the number...
Indian Bank posts steady Q4 growth; business rises 13.1% YoY to ₹14.98 lakh crore,...
The bank is growing steadily. More customers are keeping their money in the bank, which is why total deposits have increased by 12.6% to...
Senior Citizen Wins ₹5 Lakh Compensation in ATM Card Fraud Case Against Bank
The Maharashtra State Consumer Disputes Redressal Commission in Mumbai ordered Bank of India to pay ₹5 lakh compensation to a 65-year-old woman because of...
₹65.68 Crore Dispute Resolved: Bombay High Court Tells IndusInd Bank to Pay Lilavati Trust
The Bombay High Court has intervened to resolve a financial dispute between IndusInd Bank and the Lilavati Trust. The matter stemmed from internal disagreements...
Kotak & Federal Bank Chase Deutsche Bank’s India Retail Exit
Kotak Mahindra Bank and Federal Bank are in advanced talks to acquire Deutsche Bank's India retail and wealth management portfolios, valued at around $2.5...
HSBC Penalised ₹31.8 Lakh by RBI Over Compliance Lapses
The Reserve Bank of India (RBI) has fined Hongkong and Shanghai Banking Corporation (HSBC) ₹31.8 lakh for not following some rules properly. The bank...
Big Relief for Federal Bank: Income Tax Department Approves Rs 686 Crore Refund
Federal Bank is going to receive Rs 686 crore from the Income Tax Department as a tax refund. This tax refund is related to...
Big Boost for Emirates NBD: RBI Approves to buy 74% Stake in RBL Bank
Emirates NBD has got permission from the Reserve Bank of India (RBI) to buy up to 74% stake in RBL Bank. Right now, RBL...
