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Man found Rs 1.3 lakh missing from SBI bank account: Rs 80,000 ATM withdrawal, Rs 50,000 transfer made without his authorisation; consumer court upholds Rs 1.3 lakh refundA man's SBI bank account was drained of Rs 1.3 lakh through four unauthorised ATM withdrawals and two transfers he says he never made. SBI ...- Federal Bank, IDFC First Bank surge in credit card growth, challenging HDFC BankRecent data reveals that Federal Bank and IDFC First Bank have collectively issued over twenty-two lakh new credit cards, almost parallelin...
- Banks continue to garner FCNR deposits at a brisk paceIndian banks are attracting foreign currency deposits at a brisk pace. Indian Bank and Central Bank of India have garnered substantial fore...
- SBI uses AI to underwrite nearly Rs 1 lakh crore in MSME loans in FY26State Bank of India underwrote nearly one lakh crore rupees in MSME loans using artificial intelligence. AI is also automating the processi...
- SC declines relief to TMC in ED bank account freeze case, cites 'balanced order'The Supreme Court upheld the Calcutta High Court's decision on Tuesday. This decision denied interim relief to a Trinamool Congress faction...
- Bankers' Books Evidence Bill, Tribunals Reforms Bill: Parliament gets it right amid the standoffParliament has passed two important bills despite political disagreements. The Bankers' Books Evidence Bill allows digital bank records as ...
- PayU India CEO on MDR; Qcomm’s festive hiringPayU India CEO Anirban Mukherjee has backed a simple pricing model for UPI charges. This and more in today's ETtech Top 5.
- Supreme Court refuses to interfere with HC order denying interim relief to TMC against ED freezing accountsThe Supreme Court declined to intervene in a Calcutta High Court decision. This order denied interim relief to the Mamata Banerjee-led TMC ...
- Rs 50 lakh jewellery vanishes from SBI locker: Woman alleges bank negligence after being told she no longer had a locker following bank mergerJewellery worth around Rs 50 lakh has mysteriously gone missing from an SBI bank locker. The locker holder has lodged a complaint alleging ...
- SBI bank locker Rs 50 lakh jewellery theft: What happens if your valuables goes missing or gets stolen? How much will bank pay?A Kanpur woman has alleged that jewellery and valuables worth around Rs 50 lakh went missing from her SBI bank locker. Here’s what RBI rule...
- Even receptionists & janitors 'own millions in stock' at this US billionaire’s hedge fundPershing Square Capital Management stands out for its remarkable employee benefits, with Bill Ackman saying that everyone from receptionist...
- SBI shares rise nearly 2% after Q1 beat. Here's what Nomura, Morgan Stanley and other top brokerages expect nextSBI shares gained 1.55% after the lender reported a 10% YoY rise in Q1 FY27 standalone net profit to Rs 21,121 crore, beating Street estima...
- West Bengal to meet industry stakeholders on new industrial policy on August 11West Bengal will meet industry stakeholders on August 11 to discuss a new industrial policy. This consultation aims to gather suggestions b...
- West Bengal pay panel proposes 5% annual increment, 11-year pension restorationWest Bengal's seventh pay commission will revise employee pay and benefits. It aims for pay parity with central government employees and im...
- SBI cannot separately calculate UPI costs: Chairman CS SettySBI chairman CS Setty said banks cannot separately quantify the operating costs linked to rising UPI volumes. As debate over merchant charg...
- Gratuity tax deduction denied due to ITR filing error? ITAT Chennai says genuine claims can't be rejectedDue to incorrect schedule in original ITR gratuity tax deduction under Section 43B denied; ITAT Chennai gives relief and says a genuine ded...
- SBI Q1 Results: Standalone profit rises 10% YoY to Rs 21,121 crore, beats estimatesState Bank of India reported a ten percent year-on-year net profit growth. Its net interest income also saw a fifteen percent rise during t...
- SBI unpaid dividends: How to check unclaimed dividends with bank or IEPFInvestors can check for unclaimed State Bank of India dividends on the bank's website. Dividends unclaimed for seven years are transferred ...
- Unexercised ESOP buyback gains taxable as LTCG, not salary income: ITATThe Income Tax Appellate Tribunal determined that employee stock options are not considered part of salary perks until they are exercised. ...
- Unified Pension Scheme attracted just 4% of NPS subscribers: GovernmentThe Unified Pension Scheme (UPS) has received limited response from central government employees, with only 1.18 lakh workers opting for it...
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