Indian money in Swiss banks dips to CHF 3.25 bn; customer deposits upIndian funds in Swiss banks saw a decrease in 2025, reaching 3.25 billion Swiss francs. However, customer deposits experienced a significan...
18 Jun, 2026, 06.05 PM IST
Digital systems secure, says Axis Bank amid AI platform-driven vulnerability claims on cybersecurityAxis Bank assures its digital systems are secure. The bank states cyber fraud largely occurs when customers are tricked by external communi...
17 Jun, 2026, 07.05 PM IST
Can DigiLocker replace your bank locker? What you need to know about storing important documentsIndians face a choice between traditional bank lockers and the government's DigiLocker for important documents. While DigiLocker offers con...
17 Jun, 2026, 06.30 AM IST
Areion seeks RBI approval for Rs 936 crore Aviom takeoverAreion Group is seeking Reserve Bank of India approval for its acquisition of Aviom India Housing Finance. The deal, valued at ₹936 crore, ...
17 Jun, 2026, 01.05 AM IST
Banks, fintechs join forces to fight money laundering, terror financing under new platformIndia's financial sector has launched a new platform called ARIFAC. This brings together banks, NBFCs, payment firms, insurers, and other e...
16 Jun, 2026, 11.17 PM IST
NEET re-test nears amid admit card glitches, refund queriesCandidates are facing challenges downloading NEET-UG 2026 re-examination admit cards. The National Testing Agency is working to resolve tec...
16 Jun, 2026, 06.03 PM IST
India's digital fraud rate nearly double global average as scammers target existing accountsIndia's digital fraud rate in 2025 reached 7.1%, almost double the global average. This indicates growing online fraud risks as digital pay...
16 Jun, 2026, 05.00 PM IST
Why the ET Most Innovative AI Product Awards 2026 are spotlighting industry-specific innovationThe most impactful AI products of 2026 aren't built to do everything; they're built to solve one problem exceptionally well. The ET Most In...
16 Jun, 2026, 01.54 PM IST
Operation Mule Hunt: Five held in Gujarat's Gir Somnath in Rs 310 crore cyber fraud caseGir Somnath police have uncovered a massive cyber fraud network. Five individuals have been arrested in connection with suspicious transact...
14 Jun, 2026, 06.56 PM IST
'Knot suitable': Digital checks save Rs 427 crore in UP's mass marriage schemeUttar Pradesh's mass marriage scheme is using technology to prevent fraud. Online applications and digital verification are identifying ine...
14 Jun, 2026, 12.33 PM IST
RBI plans simpler cross-border payment approvals to boost MSMEs, exporters: EY reportThe Reserve Bank of India (RBI) is looking to simplify cross-border payment approvals and reduce regulatory friction for businesses and exp...
13 Jun, 2026, 02.22 PM IST
Risks cloud hover over microfinanceThe Reserve Bank of India, too, raised concerns over higher inflation due to low average rainfall and supply chain disruptions due to geopo...
13 Jun, 2026, 12.55 AM IST
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 ...
11 Jun, 2026, 07.08 PM IST
84% of Indian banking leaders report rising fraud losses, AI-driven threats emerge as major concern: ReportAs artificial intelligence increasingly reshapes the financial sector, Indian banks are facing a sharp rise in fraud-related challenges, wi...
11 Jun, 2026, 08.35 AM IST
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
5,300 of 36,000 Indian SIMs used in Cambodia for Rs 100-crore cyber fraud in IndiaEnforcement Directorate uncovered a massive cyber fraud network. Thousands of Indian SIM cards were activated fraudulently. These SIMs were...
08 Jun, 2026, 09.25 PM IST
PIL in Supreme Court alleges Rs 1,500 cr banking fraud, seeks court-monitored probeA PIL has been filed in the Supreme Court. It seeks a court-monitored investigation into alleged banking frauds. The case involves asset re...
08 Jun, 2026, 03.57 PM IST