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PUBLIC SECTOR BANKS PENALTIES
Lok Sabha passes anti-paper leak Bill to tighten exam fraud penalties- HDFC Bank, Axis Bank collect highest penalties from customers for non-maintenance of minimum average balance; Bank of Baroda tops public sector bank list
- Minimum balance charges swell pvt banks' coffers by nearly Rs 5,000 cr in FY26
- Govt companies request RBI to extend concessional forex swap by three monthsPublic sector firms want the RBI's forex swap facility extended by three months. This facility helps government companies hedge dollar cost...28 Jul, 2026, 07.46 PM IST
- Macroeconomic fundamentals of Indian economy remain strong amid global challengesIndia's economy shows strong macroeconomic fundamentals and a resilient financial system. Robust domestic demand and healthy corporate bala...28 Jul, 2026, 05.20 PM IST
- Govt introduces anti-paper leak Bill in Lok Sabha amid Opposition protestsThe government introduced a bill proposing tougher penalties for examination fraud. This amendment seeks to strengthen the existing Public ...28 Jul, 2026, 02.47 PM IST
- FIIs increase PSU exposure, trim stakes in private banksForeign investors reduced holdings in top private banks over the past year. They increased stakes in select public sector lenders, showing ...28 Jul, 2026, 05.42 AM IST
- Big reform after NEET storm: Here's how India is seeking to improve its exam systemIndia is seeking to crack down on examination fraud by proposing tougher penalties for paper leak offences. These amendments aim to rehabil...27 Jul, 2026, 06.15 PM IST
- NEET paper leak row: What Centre's new anti-paper leak bill proposes and why it mattersThe Centre introduces a bill proposing significantly tougher penalties for examination fraud. This legislation aims to strengthen the anti-...27 Jul, 2026, 06.14 PM IST
- HDFC Bank fines CEO, CFO Rs 1 lakh each over MSRDC deposit caseIn a notable move, HDFC Bank has penalized senior executives and delivered warning letters after conducting an internal assessment of a dep...27 Jul, 2026, 04.46 PM IST
- HDFC Bank fines CEO, CFO ₹1 lakh each after MSRDC review finds 'business overreach'HDFC Bank has taken disciplinary action against certain employees after finding them guilty of business overreach related to deposit arrang...27 Jul, 2026, 04.14 PM IST
- "Public Examinations Amendment Bill must have no flaws": Opposition seeks scrutiny; BJP backs stringent penalties for paper leaksA new bill to prevent unfair means in public examinations will be introduced. Opposition MPs seek thorough scrutiny of the proposed legisla...27 Jul, 2026, 10.54 AM IST
- Anti-paper leak Bill proposes tougher action against exam centres, agencies & institutionsNew legislation proposes significantly tighter penalties for examination authorities and service providers. Fines for service providers cou...25 Jul, 2026, 02.23 PM IST
- Highest 5-year senior citizen FD interest rates: Public vs private sector banks- which offers highest maturityHighest FD rates: Senior citizens can secure higher returns on fixed deposits with select banks. Bandhan Bank, IndusInd Bank, and YES Bank ...25 Jul, 2026, 10.57 AM IST
- Bank of Baroda Q1 Results: Profit falls 72% to Rs 1,278 crore on one-off settlement hitBank of Baroda's June-quarter profit fell 72% due to a Rs 5,680 crore one-off settlement, despite strong loan growth and stable asset quali...24 Jul, 2026, 07.07 PM IST
- Foreign banks show strongest rate transmission in current RBI easing cycle: BulletinForeign banks showed strongest policy easing transmission during the rate-cut cycle. They lowered lending rates more sharply than other ban...22 Jul, 2026, 08.48 PM IST
- Banks lure NRIs with high-return FCNR(B) deposits, warn of leverage risksBanks are attracting NRI dollar deposits through RBI's FCNR(B) window. These deposits offer projected returns of thirteen to sixteen percen...22 Jul, 2026, 12.26 AM IST
- House panel seeks periodic review of competition law framework, cites repeated violations of rulesA parliamentary panel recommended reviewing competition law for the digital sector. It called for vigorous enforcement of monetary penalty ...21 Jul, 2026, 11.57 PM IST
- Banks, financial institutions reported fraud of Rs 1.42 lakh crore in last 5 years: MoS FinanceBanks and financial institutions reported Rs 1.42 lakh crore in fraud over five years. Recovery of Rs 6,389 crore was made during this five...21 Jul, 2026, 07.50 PM IST
- Stocks in news: CDSL, Adani Energy, L&T, Adani Total Gas, Emcure PharmaMarkets declined on Monday due to disappointing earnings and geopolitical worries. CDSL faced a Rs 1 crore penalty from Sebi for cybersecur...21 Jul, 2026, 07.30 AM IST
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