Central Bureau of Investigation (CBI) and the Anti- Corruption Bureau (ACB) filed an FIR in Gandhinagar against M/S Lompire, M/S Invert Triangle and their partners.
Enforcement Directorate (ED) initiated investigation against firms M/S...
On 26 March 2025, Dhanbad Anti- Corruption team arrested a Jharkhand Gramin Bank agent, Dhanraj Kumar Choudhary, for accepting a bribe. The complainant said that Dhanraj was demanding a bribe of Rs...
RBI has imposed penalties on two banks for not following proper Know Your Customer (KYC) guidelines. RBI
want to enforce strict regulatory rules in the banking industry, so if required further actions...
Rich Americans are transferring large sums of money out of the country. This money is being transferred to countries like Switzerland, Jersey and Guernsey. Wealthy Americans fear of economic turmoil and potential...
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 change will be effective from May 1, 2025....
Today bank fraud has become a major concern for individuals and financial institutions. Despite banks frequently issuing fraud alerts, bank frauds show no signs of stopping. Today, not only are humans victims...
The Directorate General of Goods and Services Tax Intelligence (DGGI) has strengthen its action aganist illegal online gaming websites. This includes both foreign and domestic gaming websites. DGGI said that they have...
Two banks, IDBI and Citibank, will pay the penalty for violating RBI norms. RBI said that they imposed the penalty as the banks failed to follow certain rules and regulations.
As per...
United Forum of Bank Unions (UFBU) announced that a adjourned conciliation meeting took place today morning. UFBU said that the meeting was based on our demands and issues. The positive discussion took...
Shri Indranil Bhattacharyya is appointed as a New Executive Director by RBI, starting March 19, 2025. Highlighted points of the announcement:
Role of Shri Indranil Bhattacharyya:
As ED Shri Indranil Bhattacharyya will oversee the...
