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Cyber Heist at Himachal Pradesh State Cooperative Bank: A Timeline of Events and Response

Cyber Heist at State Cooperative Bank: A Timeline of Events and Response In a shocking incident, cybercriminals managed to steal a whopping ₹11.55 crore from the State Cooperative Bank by hacking into its...

Punjab & Sind Bank Officers Call Nationwide Strike on May 19 Over Policy Disputes

In a significant move that could shake up banking operations across India, over 5,000 officers of Punjab & Sind Bank are planning a one-day nationwide strike on May 19, 2025. Led by...

Mumbai Cops Arrested 3 for Operating Fake Accounts Under ‘Ladki Bahin’ Scam

Mumbai Police arrested 3 people for a fake bank account scam linked to cyber fraud and money laundering. The accused opened bank accounts in the names of many people, mostly men. He...

Citigroup Must Face $1 Billion Lawsuit Over Alleged Fraud Involvement with Oceanografía

In a major legal setback for global banking giant Citigroup, a U.S. appeals court has revived a long-standing lawsuit alleging the bank's significant role in facilitating a billion-dollar fraud tied to the...

India-Pakistan Tensions Rise; Finance Minister Meets with Financial Sector Heads

On 9th May, 2025 Finance Minister Nirmala Sitharaman held a meeting to review the cybersecurity readiness of banks and financial institutions. The goal is to make sure that these institutions have strong...

SMBC (Japanese Financial Giant) in Advanced Discussions to Acquire Significant Stake in Yes Bank.

Japanese financial giant Sumitomo Mitsui Banking Corp (SMBC) is in the final stages of discussions to acquire a major stake in Yes Bank. The acquisition, if finalized, could lead to an open...

Bank of Baroda 2025 Recruitment: Apply for 500 Office Assistant (Peon) Vacancies

Total Vacancies 500 posts available for Office Assistant (Peon) Important Dates Online registration of application starts - 3 May, 2025 Last date to apply online - May 23, 2025 Online fee payment deadline - May 23, 2025 Eligibility...

‘One State One RRB’ Policy Comes Into Effect From Today

New banking reform i.e. ‘One State, One RRB’ policy officially enforced on on May 1, 2025. Total 26 RRBs merged in 11 states and 1 Union Territory. Total RRBs reduced from 43...

Union Bank Recruitment 2025-26: Apply for 500 Assistant Manager Positions – Eligibility, Dates, and Application Guide

Union Bank of India (UBI) has unveiled a golden opportunity for aspiring professionals with its latest recruitment drive for 500 Assistant Manager roles under the 2025-26 Specialist Officers Project . Whether you’re...

After Arun Khurana, Deputy CEO Resignation, IndusInd Bank CEO Sumant Kathpalia Resigns

Sumant Kathpalia, CEO and Managing Director of IndusInd Bank, resigned at the end of the workday on April 29, 2025. He worked as a Chief Executive Officer, of IndusInd Bank for a...