RBI Fined HDFC Bank and Punjab & Sind Bank for Violating KYC Norms
RBI has imposed penalties on two banks for not following proper Know Your Customer (KYC) guidelines. RBI
want to enforce strict regulatory rules in...
Saraswat Bank Announces Merger With New India Co-Operative Bank
Saraswat Co-operative Bank, India’s biggest urban co-operative bank, has announced it will merge New India Co-operative Bank which is currently facing financial distress. This...
RBI Approved a Hike in ATM Interchange Fees
RBI raised ATM interchange fees by Rs 2 for financial transactions (like cash withdrawals) and Rs 1 for non-financial transactions (like balance inquiries). This...
HDFC Bank Hits A Milestone, With Its Market Value Crossing ₹15 trillion For The...
HDFC became the third Indian Company after crossing the ₹15-trillion market capitalisation mark for the first time on Tuesday. In last six trading days,...
Paytm Launches ‘Total Balance Check’ Feature for UPI-Linked Bank Accounts
India's leading digital payments platform, Paytm has launched a new feature called Total Balance Check is made to help people manage their money more...
RBI Imposes Restrictions on New India Co-operative Bank: Customers Left in Distress
The Reserve Bank of India (RBI) has placed stringent restrictions on Mumbai-based New India Co-operative Bank, effective February 13, 2025, following concerns over its...
Axis Bank Q2 FY26 Result: Net Profit Falls 26% YoY to ₹5,090 Crore
Axis Bank, one of India’s leading private sector banks Aannounced Q2 FY26 Financial Result. In the second quarter (Q2), Axis Bank made a profit...
HDFC CEO Sashidhar Jagdishan Accused of Financial Fraud by Lilavati Medical Trust
Lilavati Kirtilal Mehta Medical Trust, a well-known hospital trust, has accused the CEO of HDFC Bank of being involved in a fraud worth ₹14...
Reliance Infra’s Subsidiary JRTR Clears ₹273 Crore Debt to Yes Bank
Reliance Infrastructure, a company owned by Anil Ambani, announced that one of its fully-owned subsidiary, JR Toll Road Pvt Ltd (JRTR), has completely repaid...
11th Bipartite Settlement Current Status & Updates
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While the world is totally concentrated and coming together on coping up with the Coronavirus outbreak, the leaders of the bank unio are coming...
