Akhilesh Yadav has posed twelve significant questions to the Centre about the current state of the banking sector. His concerns highlight i...

The Supreme Court recently dismissed appeals by DCB Bank and UBS Management Services regarding a forensic audit. This audit pertains to tra...

The Foreign Exchange Dealers' Association of India (FEDAI) has directed banks not to convert foreign currency remittances into rupees witho...

The strategic sale of IDBI Bank to Canada’s Fairfax Financial Holdings is expected to be completed by the end of FY27, subject to RBI appro...

India's Digital Public Infrastructure has been recognized as one of the top ten effective reforms globally. This infrastructure, particular...

The Cabinet Committee on Economic Affairs has approved Fairfax Financial Holdings' acquisition of a majority stake in IDBI Bank. The next s...

In recent months, foreign investment in India’s financial sector has grown significantly, resulting in major acquisitions. Fairfax Financia...

Hyderabad reported incidents of WhatsApp message fraud causing victims to lose significant amounts of money. A chartered accountant lost la...

The Reserve Bank of India issued clarifications on its recent measures to support the rupee. This followed concerns about tighter hedging r...

Fairfax Financial Holdings plans to bring its Indian financial investments under IDBI Bank after India's approval of a Rs 52,878 crore ($5....

Around 20 financial institutions were affected by cyberattacks earlier this month, with hackers allegedly exploiting stolen partner-bank cr...

Thanks to the US-Iran conflict, the economy has been dealing with higher oil prices for close to seven months. And if inflation starts to c...

NPCI framework, announced on September 15, was scheduled to take effect on October 15. It prescribed a 0.4% fee on eligible bank account-fu...

UPI MDR charges on eligible merchant transactions above Rs 2,000 have been deferred until after Diwali, with the exact implementation date ...

Bankers are interpreting the new foreign-exchange regulations in India broadly, especially regarding cash-margin requirements related to ru...

Residents of Chhota Udepur district, Gujarat, are experiencing enhanced access to digital banking services. Through the initiative of Bank ...

A report by IIT-Bombay professors recommends reducing the Merchant Discount Rate for UPI transactions to improve the ecosystem. The current...