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Why women's financial protection must evolveIndia has made major strides in women’s financial participation, with rising workforce participation, bank-account ownership and entreprene...
ED probes TMC's ₹5.22 crore advance for aviation servicesThe Enforcement Directorate is examining advance payments made by Trinamool Congress for future aviation services. These payments total ₹5....
India Post gift offer goes viral on social media, but what is the ‘Dak Seva Gifts’ scheme? PIB respondsA viral image claiming that India Post is distributing gifts under a “Dak Seva Gifts” scheme has been debunked by the PIB Fact Check Unit. ...
Lane Kiffin’s ex-wife Layla, who still has access to his bank account, sent a message to fans before LSU-Ole Miss showdownBefore the kickoff of a big football game, Layla Kiffin took to social media to spread positivity, which came on the heels of her daughter ...
SBI debits Rs 19.9 lakh for late spouse’s loan, freezes salary account despite not part of the debt; High Court orders it to pay widow Rs 20.9 lakhAllahabad High Court has ordered SBI to refund Rs 19.9 lakh after the bank used a widow’s fixed deposit to recover her late husband’s perso...
Fight over money, not symbol: BJP's Samik BhattacharyaBJP state president Samik Bhattacharya claimed factions fight over money. He stated the Trinamool party symbol will cease to exist soon. We...
You might be losing out on money in your savings account: Here's how monthly vs quarterly interest credit impacts your bank balanceWhile many banks credit the savings account interest quarterly, there are some that credit the amount monthly. Basically, monthly interest ...
Up to 7% savings account interest rate: Check latest rates offered by Canara Bank, Bank of India and IDFC FIRST Bank
IIT-Delhi engineer, bank manager arrested by Mumbai Police for duping Rs 1.12 crore from a 68-year-old in a digital arrest scamAn IIT Delhi graduate and a private bank operations manager are among six people arrested in connection with a Rs 1.12 crore digital arrest...
Australian woman left job, closed bank account, deciding to become cash-free. 12 years later, she has no home or savings and is living rent-free with familyShe gave up her job in 2015, closed her bank account, and has since been living for more than a decade without cash. In several interviews,...
Indian diaspora deposits boost capital account to $33.5 billion surplus in July, RBI data showsOverseas deposits from the Indian diaspora significantly boosted the country's capital account surplus. This inflow helped offset the overa...
- Expert calls for human accountability in AI-led banking at Global Fintech Fest
"AI can automate decisions; but accountability cannot be automated," Krishnakumar said.
RBI proposes 60-day temporary debit hold on suspicious money mule transactions: Key things you need to know about RBI’s KYC directionsThe Reserve Bank of India has announced proposed regulations concerning money mule accounts, allowing banks to implement temporary debit ho...
RBI proposes framework to freeze only disputed amounts instead of entire accounts in cyber fraud casesBanks will soon freeze only disputed transaction amounts, not entire accounts. AI systems will monitor unusual transfers of one thousand ru...
New Zealand woman opens bank account in US after migration. Banks locks here $40,000 dollarA New Zealand woman faced a harrowing experience after depositing forty thousand dollars. Her newly opened Chase bank account was locked an...
Should you have multiple bank accounts? Here’s how many you really needShould you keep all your money in one bank account or spread it out? While multiple accounts can aid in budgeting and offer deposit insuran...
Savings account interest rates of up to 7%: Canara Bank, Bank of India, IDFC First Bank revise rates; check detailsCanara Bank, Bank of India, and IDFC FIRST Bank have announced updates to their savings account interest rates, which will take effect on S...