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Higher crude prices fuel bank lending boom; credit growth hits 17.7%, fastest since June 2024Bank lending saw its fastest growth in almost two years by May 31, 2026. Credit expanded significantly, reaching Rs 215.2 lakh crore. This ...
Did City Union Bank shares really crash 23% in one day? Here's how the bonus math worksCity Union Bank shares appeared to fall 23% after turning ex-bonus following its 1:3 bonus issue, but the decline was purely technical. Adj...
Govt eyes rural credit push via flagship schemes, seeks to expand RRB customer baseThe government is enhancing rural credit by integrating the Grameen Credit Score with the JanSamarth portal for faster loan processing. Reg...
ATMs hungry, but not for more cashMany Indians face empty ATMs despite ample cash in circulation. This is due to serious disruptions in cash movement. UPI's rapid rise and i...
Zelle to expand peer-to-peer payment service to India this yearZelle, a popular payment service, is set to launch in India later this year. This marks Zelle's first international expansion. The company ...
Visa plugs its payment network into ChatGPT letting AI agents shop, pay for usersIt is not OpenAI's first attempt at e-commerce. The company late last year announced Instant Checkout, which allowed ChatGPT to scour the i...
Indian-American arrested in California for allegedly defrauding bank of $100 millionAn Indian-American man, Mahender Makhijani, was arrested in California for allegedly defrauding a bank of nearly $100 million. He is accuse...
Bonus bonanza! Last date to buy City Union Bank shares for 1:3 rewardCity Union Bank Bonus Issue: June 11 is the last day for investors to buy shares of City Union Bank to qualify for its 1:3 bonus issue, as ...
US shortens cyber fix window to three days as AI threats riseGovernment agencies are racing against a tight three-day deadline to address significant cybersecurity issues. This urgent requirement has ...
Delhi data centre fire sees Google Cloud reroute traffic network capacityA fire at a third-party data center in Delhi caused network disruptions for Google Cloud customers in multiple Indian cities. The incident ...
Cabinet clears Rs 2,534 crore office, housing projects in AmaravatiThe Union Cabinet has approved two major infrastructure projects in Amaravati. These include an office complex and a residential township f...
Microfinance market reports a small rise in early stage delinquencyMicrofinance loan defaults in the early stages increased in April. However, loans facing later stage defaults showed improvement. The overa...
Canara Bank recovers over half of ₹500 crore Rajesh Exports exposure, CEO outlines growth strategyCanara Bank has recovered over half of its ₹500 crore exposure to Rajesh Exports and is pursuing legal avenues for the remaining amount. Th...
These 8 banking stocks have an upside potential of up to 26% in 1 year, according to analystsIf oil prices stay at higher levels, some FPIs with exposure to the Indian banking sector through ETFs might decide to sell, putting these ...
EPFO 3.0 new rules: Can you withdraw 100% of PF retirement corpus through ATM?
We still need cash in ATManirbhar BharatDespite the rise of digital payments, cash remains essential, yet ATMs are increasingly running out of money. Banks are reducing their ATM ...
State Bank of India hands over Rs 8,813 cr dividend cheque to government for FY26SBI presented a dividend cheque of Rs 8,813 crore for the financial year 2025-26 to Union Finance Minister Nirmala Sitharaman. This payout ...
ATMs in small hubs may run out of cash: Confederation of ATM IndustryATM operators are demanding ₹100 crore compensation from banks. State Bank of India is accused of sending most cash to big cities. This lea...
PNB customer alert: PSU bank suspends MasterCard network activity linked to RussiaPunjab National Bank customers using MasterCard for international transactions face continued suspension of services linked to Russia. This...
These 7 private and public banking stocks have an upside of up to 23% in one year, according to analystsGiven how the market has moved in the last five-six trading sessions, the probability is high that a new readjustment trade has started. Th...