Banks are advocating for a unified insurance repository and shared access to customer data to combat loan fraud involving life insurance po...

LIC: Life Insurance Corporation of India (LIC) has issued a public notice warning its customers about an ongoing fraud in its name. LIC cau...

Developed in collaboration with Wipro’s AI partner ecosystem and leveraging ServiceNow’s telecommunications industry solutions suite, Telco...

According to police, 34-year-old Sajila, a relationship manager attached to IDBI bank, Mission Road branch in Bengaluru is the arrested per...

Customers of State Bank of India (SBI) can use the SBI Yono app to open a demat and trading account with SBI Securities. Investors who want...

SBI Card in a communication to customers has said it is ensuring that services remain uninterrupted. Country's largest life insurer, state-...

The govt is also about to train the gun on CARE, ICRA and Ind-Ra who gave high ratings to IL&FS.

We have reinstated confidence in public sector banks by recapitalisation and comprehensive reforms, Financial services secretary Rajiv Kumar

"Aadhar is not mandatory for the (insurance) sector but is the most simple one. On the government level they are creating a platform for al...

The CBI is probed cases of alleged fraud worth Rs 14,000 crore and has registered nearly 10 different first information report (FIR) folowi...

Banks have been told by RBI to verify with local government officers about the authenticity of loan documents.

CBI today filed its first chargesheet in one of the cases registered in the multi-crore kickbacks-for-loans scam against Maninder Singh Joh...

SBI has told all its officers to take compulsory 'preventive vigilance leave' for at least 10 days every financial year. In MNC banks, it h...

The Reserve Bank of India has said some corporate clients of banks have diverted loans meant for business purposes, and has provided a six-...

The kickbacks-for-loan racket involving senior bankers and LIC executives has led to a multi-agency probe, with regulatory and investigativ...

The government said it would look at the possibility of strengthening regulatory mechanism to prevent incidents like the housing finance ra...

The government is considering stringent norms for co-operatives (including co-operative banks) that includes quarterly disclosures of finan...