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BANK ACCOUNTS IN INDIA
Delhi police arrests bank deputy manager in Rs 67.92 crore mule account case linked to 159 cyber fraud complaintsDelhi Police apprehended Pabitra Kumar Biswal, a Deputy Manager at National Urban Cooperative Bank. He allegedly facilitated a mule account...10 Jun, 2026, 02.13 PM IST- India's current account deficit to remain 1.5-1.7% of GDP in FY27 but RBI measures may turn BoP surplus: SBI ReportIndia's current account deficit is projected for FY27. However, Reserve Bank of India measures are anticipated to improve the country's ext...10 Jun, 2026, 01.26 PM IST
- India's current account deficit to stand at 1.8% of GDP for FY27: ICICI Bank Global Market ReportIndia is expected to see a current account deficit of 1.8 per cent of GDP in FY27 as against around 2 per cent projected earlier. This adju...10 Jun, 2026, 01.18 PM IST
- Annapurna Bhandar portal in Bengal: How to apply at socialregistry.wb.gov.in, eligibility, application process and how to check ₹3,000 payment statusWest Bengal's Annapurna Bhandar scheme can be accessed through socialregistry.wb.gov.in.. Eligible women will receive ₹3,000 monthly direct...10 Jun, 2026, 10.52 AM IST
- 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 ...10 Jun, 2026, 12.27 AM IST
- RBI measures likely to attract USD 55-65 billion inflows in FY27: SBI reportIndia anticipates USD 55-65 billion in foreign inflows this fiscal year. The Reserve Bank of India's recent measures aim to stabilize the r...09 Jun, 2026, 07.49 PM IST
- From tax exemption to FCNR(B) deposits: How India is trying to attract foreign capitalIndia is taking steps to attract foreign investment and boost its economy. The Reserve Bank of India and the government have introduced new...09 Jun, 2026, 05.20 PM IST
- Hong Kong-based son gets tax notice after father buys insurance policy in his name with cash; he fights back and wins case in ITAT MumbaiAn NRI in Hong Kong faced an income tax dispute after withdrawing cash from his NRE account to give to his father. The father used this mon...09 Jun, 2026, 04.57 PM IST
- Rupee gains as oil retreat soothes, inflow expectations erode weakening biasThe Indian Rupee strengthened on Tuesday due to falling oil prices. Regulatory measures are expected to reduce India's balance of payments ...09 Jun, 2026, 03.56 PM IST
- Indian bonds draw buyers on RBI measures, softer oilIndian government bonds saw renewed buying on Tuesday. Lower oil prices and Reserve Bank of India measures to attract dollar inflows improv...09 Jun, 2026, 11.26 AM IST
- India's Q4 FY26 current account surplus at $7.1 bln, driven by services exports, remittancesIndia achieved a $7.1 billion current account surplus in the fourth quarter of the last fiscal year. This positive outcome was driven by st...08 Jun, 2026, 08.05 PM IST
- India banks could raise $35-$40 billion via RBI's foreign currency deposit scheme, PNB CEO Ashok Chandra saysIndian banks anticipate raising up to $40 billion through foreign currency deposits. The Reserve Bank of India is backing a new scheme to a...08 Jun, 2026, 06.13 PM IST
- India's current account surplus at $7.1 bn in Q4 FY26, aided by robust services exports and remittancesIndia achieved a current account surplus of $7.1 billion in Q4 FY26, driven by robust services exports and remittances. Despite a growing m...08 Jun, 2026, 05.57 PM IST
- Over 58 crore Jan Dhan accounts bring crores of Indians into formal banking system: Nirmala SitharamanFinance Minister Nirmala Sitharaman announced over 58 crore Jan Dhan accounts have integrated millions into formal banking. The Pradhan Man...08 Jun, 2026, 02.48 PM IST
- The safe keepers: Inside India's booming locker economyIndia’s locker economy is booming amid rising gold prices and household wealth. While banks remain the preferred repository, private vault ...07 Jun, 2026, 08.41 AM IST
- RBI approves Sahamati as SRO for Account Aggregator ecosystemThe Reserve Bank of India has recognized Sahamati as the Self-Regulatory Organisation for the Account Aggregator ecosystem. This move forma...05 Jun, 2026, 09.21 PM IST
- Central Bank of India targets over Rs 3,500 crore bad-loan recovery in FY27Central Bank of India plans significant recovery from bad loans exceeding Rs 3,500 crore in FY27. The bank will also introduce wealth manag...04 Jun, 2026, 03.54 PM IST
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