Viksit Bharat Push: Government Committee May Review Key Banking Sector Issues
The government has formed an important committee to study and review India’s banking system. The committee will look at several issues, to help achieve...
₹98 Lakh Gone! Senior Bank Executive Falls Victim to Fake Share Trading Investment Scam
A bank officer in Mumbai was cheated of about ₹97.78 lakh by online fraudsters. The scammers tricked him by showing fake profits and gaining...
Texas Banking Shakeup: Prosperity Bank’s $2B Stellar Acquisition
Prosperity Bancshares agreed to acquire Stellar Bancorp in a $2 billion cash-and-stock deal announced January 28, 2026, creating Texas's second-largest bank by deposits. This...
UP Cyber Fraud: ₹58 Crore Scam via Rented Accounts, 5 Accused Arrested
Police in Balrampur district caught a big cyber fraud gang and arrested 5 criminals. This gang was running online scams across India. This gang...
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...
HDFC Bank Punishes 12 Employees for Wrongly Selling Credit Suisse AT1 Bonds
HDFC Bank punished 12 employees, including senior leader Ashish Parthasarathy, because they were involved in selling risky bonds (called AT1 bonds) to customers in...
MCLR Hike: Canara Bank Revises Lending Rates Effective Thursday
Canara Bank has decided to increase the interest rates it charges on some loans. The bank will raise its MCLR (Marginal Cost of Funds...
AI Threat Concerns Rise: Nirmala Sitharaman Holds Urgent Talks with Bank Heads on Anthropic...
Nirmala Sitharaman held a meeting with top bank officials because of concerns about new Artificial Intelligence (AI) risks. A company called Anthropic has developed...
Axis Bank Places Bid to Acquire 66.28% Stake in CreditAccess Grameen
Axis Bank is planning to buy CreditAccess Grameen, which is one of India’s largest microfinance companies. The main owner of the company, CreditAccess India...
₹4,500 Crore Mega Deal! Kotak Mahindra Bank Likely to Acquire Deutsche Bank’s Retail Operations
Kotak Mahindra Bank is planning to buy the retail (individual customer) business of Deutsche Bank in India for about ₹4,500 crore. As per The...
