Banks have mobilized USD 27.99 billion from non-resident Indians through a forex swap facility. Domestic payment frauds across all banks am...

Bank of Baroda confirmed a data breach originating from a compromised employee email account. The lender insists its core banking systems r...

Banks have also been given the flexibility of dropping mandatory alerts for lowvalue transactions. However, top-draw private banks, such as...

Indian VC firms are facing their hardest fundraising year in a decade as LPs tighten filters and demand cash returns. This and more in toda...

Jio Platforms has kicked off its IPO process with the filing of its draft papers with Sebi. This and more in today's ETtech Top 5.

Congress leader Mallikarjun Kharge criticizes the Modi government for exam irregularities. He demands Education Minister Dharmendra Pradhan...

Indian-origin businessman and founder of Cantor V Group, Mahender Makhijani, is facing a $100 million fraud investigation in California. Pr...

In recent times, Indian authorities have been cracking down on entities that are operating loan apps illegally and the ministry has also be...

The Indian corporate affairs ministry is investigating several Chinese companies, particularly those connected to loan apps, for alleged vi...

The Pratibimb app, launched in November-December, led to the arrest of 454 cyber criminals in Jamtara, Deoghar, and Giridih areas of Jharkh...

To tackle the rising cases of online loan frauds, the Thiruvananthapuram police in India have launched a dedicated WhatsApp number for repo...

Chinese scammers have suddenly mushroomed after the pandemic, which led to a widespread use of various kinds of apps and other digital tech...

This comes after Finance Minister Nirmala Sitharaman on Thursday held detailed deliberations in respect with legal, procedural & technical ...

Earlier this year, the police found a link with China-based operators and were cheating people out of crores of rupees across India. This w...

The RBI wants to strike a better balance between the ability of digital lending to democratize credit and its potential to suck people into...

Official sources said the Enforcement Directorate (ED) has "enlarged" its investigation to probe these FIRs and complaints filed by the two...

The industry survey also said that Indians are willing to accept the online frauds if assured of non-recurrence by companies.