Many retired bank employees had gone to the Kerala High Court asking for GST (tax) to be removed from the health insurance premium they pay under a special insurance scheme arranged by...
Delhi Police uncovered a gang that cheated an 80-year-old man of nearly ₹1 crore using an online scam called “digital arrest.” Five people were arrested, including two employees of a private bank.
How...
HDFC Bank reduced its MCLR by 0.05% on select tenures, meaning home loan and other loan EMIs will become slightly cheaper starting Jan 7, 2026. The MCLR now ranges between 8.25% and...
India’s markets regulator SEBI says a Bank of America (BofA) unit broke insider-trading rules while handling a big share sale in 2024. BofA was managing the sale of shares of Aditya Birla...
On January 7, 2026, the Reserve Bank of India (RBI) announced that it has cancelled the Certificates of Registration (CoR) of 35 non-banking financial companies (NBFCs), including Satya Prakash Capital Investment Limited...
Bank of India is launching a new mutual fund called the "Bank of India Banking & Financial Services Fund. The fund is a sectoral fund focusing on BFSI stocks. BFSI stands for...
Arvind Dham, who was the chairman of the Amtek Group, is accused of being involved in a big bank fraud worth about ₹2,700 crore. Banks say that loans given to one of...
Two branches of a private bank in Kochi received a fake bomb threat. Someone sent an email claiming that explosives had been placed inside the bank branches at Pallimukku and Mamangalam, and...
Bank employees’ unions in India, under a group called UFBU, have warned that they will go on a nationwide strike on January 27, 2026. They want banks to have a five-day work...
ESAF Small Finance Bank has chosen Karthikeyan Manickam as its new chairman. Before this, he worked as a senior leader (executive director) at Bank of India.
He has a lot of experience in...
