The 21st IBA Annual Banking Technology Awards 2025 ceremony was held on January 9, 2026 in Mumbai, as part of the IBA's 21st Annual Technology Conference, Expo, and Citation for the 2024–2025...
“Ghost Tapping” is an emerging digital scam that targets contactless payments (tap-to-pay with cards, phones, or digital wallets).
In this scam, fraudsters can steal money from victims’ accounts without needing a PIN, OTP,...
A major robbery occurred at the Sangli District Cooperative Bank in Zare, near Atpadi, on the Karad–Pandharpur road in Maharashtra. The bank branch operates in a rented two-story building. The owner, Tukaram...
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...
