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MULTI CRORE BANK LOAN SCAM
CBI arrests three in embezzlement of Rs 504 crore from Haryana govt accountsA senior IAS officer, Pardeep Kumar, has been arrested by the CBI for his alleged role in embezzling Rs 504 crore from Haryana government a...- Banks NPA at multi-decadal low of 1.8%, Indian financial system remains resilient: RBI reportIndia's financial system remains robust, with bank NPAs hitting a multi-decade low of 1.8%. Despite global uncertainties and rising oil pri...
- Kotak Mahindra Bank to acquire Deutsche Bank's India retail banking businessKotak Mahindra Bank has significantly expanded its footprint by acquiring Deutsche Bank's retail, private banking, and wealth management op...
- Bad loans may edge up to 1.9% by FY28 despite resilient banks: RBIIndian banks are projected to see a slight increase in bad loans to 1.9% by March 2028, yet the system remains robust with strong capital a...
- PFC-REC merger: Which stock should you buy before the mega deal creates Rs 11 lakh cr power financing giantPower Finance Corporation (PFC) and REC's boards have approved a merger, creating India's largest power financing institution with a Rs 11 ...
- He dubbed for Allu Arjun's role in Pushpa 2, gave no solo hits in 22 years. Now, Bollywood actor reveals how Shah Rukh Khan and Farah Khan helped him buy his first houseActor Shreyas Talpade recently shared how Shah Rukh Khan and Farah Khan helped him buy his first house in Mumbai. The actor was recently se...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 24%Any long-term investor knows that corrections are part of every bull run. But it is important that they be aware whether the correction is ...
- Future growth will depend on governance quality in public, private institutions: HDFC's ParekhIndia's future prosperity hinges on robust governance across public and private sectors, emphasized HDFC Bank Chairman Deepak Parekh. He hi...
- IIFCL plans $1 billion loan from overseas investors; in talks for $400 million ADB fundingIndia Infrastructure Finance Company is set to secure a substantial $1 billion foreign-currency loan, potentially its largest to date, and ...
- Can a mutual fund SWP pay your home loan EMIs? 15 years of data says think againMost investors struggle as they watch their portfolio shrink while EMI obligations remain fixed. The temptation to stop the SWP or redeem t...
- Gold price fall triggers margin calls on bullet loansA significant drop in gold prices has led to margin calls on some gold loans, particularly those with bullet repayments. Loans requiring re...
- CBI raids 80 locations in 16 states in crackdown on digital arrest scamsIn a significant crackdown, the CBI has dismantled a cybercrime network behind digital arrest scams, conducting searches across 16 states. ...
- Axis Bank seeks shareholder nod to raise Rs 55,000 crore in FY27Axis Bank is seeking shareholder approval to raise a substantial Rs 55,000 crore in FY27, comprising Rs 20,000 crore via equity and Rs 35,0...
- WhatsApp 'Boss' Scam: Employees opened a ZIP file sent by 'manager' and lost Rs 3.5 crore; here’s how this dangerous fraud is targeting company officialsWhatsApp Boss Scam: Two Indian companies have collectively lost nearly Rs 3.5 crore in a sophisticated cyber fraud involving malicious zip ...
- India's retail lending sector entering multi-decade growth cycle driven by digital transformation, financial inclusion: ReportIndia's retail lending sector is poised for decades of growth, fueled by digital innovation, financial inclusion, and rising incomes. Housi...
- Govt pushes PSU banks to develop loan products of up to ₹1 lakh each for street vendorsPublic sector banks are developing new loan products up to ₹1 lakh for street vendors, aiming to help them build credit histories and trans...
- Travelling abroad a Fundamental Right: Delhi court permits accused to visit ThailandA Delhi court has permitted an accused in a multi-crore bank loan fraud case to travel to Thailand for her children's summer vacation. The ...
- Banks boost renewable energy credit by 7% in April amid energy security concernsBanks are boosting credit to renewable energy projects, with a 7% jump in April, as global conflicts highlight India's reliance on oil. Thi...
- PSU banks lose gold loan sourcing share as private banks, NBFCs gain traction: ReportPublic sector banks are losing ground in the gold loan market to private lenders and NBFCs, which offer faster service and wider reach. Whi...
- Bank provisioning at 3-year low on better recoveries, asset qualityBanks' loan loss provisioning hit a 12-quarter low in March 2026, driven by private sector banks amid improving asset quality and recoverie...
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