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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...- ED arrests ex-Haryana government official in IDFC Bank fraud caseNaresh Kumar was arrested on June 10 under the provisions of the Prevention of Money Laundering Act (PMLA), 2002. He was produced before a ...
- 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...
- Lenskart Solutions sees Rs 1,862-crore block deal; ADIA likely sellerEyewear retailer Lenskart Solutions experienced a significant block deal valued at Rs 1,862 crore. Abu Dhabi Investment Authority, through ...
- Contactless card payments on the rise as Indian shoppers swipe less, tap moreIndian shoppers are increasingly opting for contactless 'tap-and-pay' card transactions, with estimates suggesting they now account for up ...
- RBI issues draft CCR framework aligned with global standardsThe Reserve Bank of India has released draft rules for banks. These rules cover how banks calculate risks from derivative deals. They also ...
- ADIA to sell 2.3% Lenskart stake in Rs 1,944 crore block dealAbu Dhabi Investment Authority is set to divest a 2.3% stake in Lenskart for approximately Rs 1,944 crore via a block deal. This follows So...
- ADIA to sell Rs 1,944 crore Lenskart stake days after SoftBank exitAbu Dhabi Investment Authority (ADIA) is set to divest up to 2.3% of its stake in eyewear retailer Lenskart for approximately Rs 1,944 cror...
- Central Bank of India ordered to pay Rs 2.5 lakh compensation to customer for losing original property papersA consumer commission held the Central Bank of India liable for losing a land title deed deposited as collateral for an agricultural loan. ...
- 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...
- 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 ...
- Deposits under RBI's latest foreign currency non-resident bank scheme will carry one-year lock-inThe Reserve Bank of India's new FCNR-B scheme offers a one-year lock-in for deposits and mandates non-cancellable swaps for banks. This ini...
- 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...
- 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...
- BSNL ordered to pay over Rs 55 lakh compensation to co-operative bank after duplicate SIM used to access OTPs in Rs 87 lakh fraudKarnataka high court has ordered BSNL to pay more than Rs 55 lakh in compensation and damages to a co-operative bank that lost over Rs 87 l...
- PNG gas scam: Man clicked on bill link & kept losing money until Rs 31 lakh was drained; 21 others fell for the same fraudFake gas bill update scam: A cyber fraud has targeted 22 individuals in Thane, Maharashtra. Victims received fake gas bill update messages,...
- Saturday bank holiday: Are banks open or closed today on June 6, 2026?Banks will be open today, June 6, 2026. This is the first Saturday of the month, a regular working day. Bank holidays vary by state, with t...
- RBI fines Canara Bank for violations related to KYC, inactive accountsThe Reserve Bank of India has taken action against Canara Bank, slapping a substantial Rs 41.8 lakh fine for failing to comply with Know Yo...
- 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...
- Want to exchange old gold for new jewellery? Beware of these taxesIndians exchanging old gold for new should be aware of potential taxes on sales and purchases. The Income Tax Department monitors high-valu...
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