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...
A very sad incident happened in Ayodhya on Wednesday. An SBI officer named Ram Babu Soni, aged 38, was found dead. He was working with the State Bank of India and had...
Hardeep Singh Ahluwalia has been given the temporary charge as the Managing Director (MD) and Chief Executive Officer (CEO) of Canara Bank from January 1, 2026. This arrangement will last for three...
Lulu Mall in Lucknow is facing financial trouble due to unpaid taxes. The mall failed to deposit its income tax dues of ₹27 crore on time. Because of this delay, the Income...
Bandhan Bank had some bad loans in its microfinance business, which were mostly unsecured microfinance loans with no collateral such as property or gold backing them. The borrowers had failed to make...
