RBI finalises digital banking fraud protection rules; introduces shadow reversal, extends relief to sole proprietorsVictims of digital payment fraud losing up to Rs 50,000 can now get up to Rs 25,000 compensation from banks, effective January 1, 2027. The...
25 Jun, 2026, 01.17 AM IST
London court orders Nirav Modi to pay Bank of India Rs 100 croreA London High Court has ordered fugitive diamantaire Nirav Modi to pay Bank of India over $10.7 million (approximately Rs 100 crore). The j...
24 Jun, 2026, 09.21 AM IST
Ex-banker quits corporate job, turns to chemical-free zero-budget farming; builds Rs 21 crore agriculture empire across 650 acres in Andhra, empowers 3,000 rural womenA former banker, Amith Kishan, transformed his life by establishing Hebbevu Farms in Andhra Pradesh, a 650-acre natural farming enterprise....
23 Jun, 2026, 09.51 PM IST
NHB probing Aavas Financiers over loan classification lapsesThe sector regulator has recalled refinancing support worth nearly Rs 500 crore —a punitive action that has set off a sweeping leadership o...
22 Jun, 2026, 12.55 AM IST
Charting the global economy: Fed turns hawkish, China demand weakensFederal Reserve Chairman Kevin Warsh signaled a shift towards interest-rate hikes amid persistent inflation, while euro-area price pressure...
21 Jun, 2026, 10.52 AM IST
Global Markets: Central banks stay vigilant despite oil price relief after US-Iran truceGlobal central banks remain cautious despite easing oil prices following the US-Iran truce. While lower energy costs ease inflation fears, ...
19 Jun, 2026, 09.47 AM IST
CBI conducts searches in Kolkata in PNB fraud casesThe Central Bureau of Investigation (CBI) has conducted searches on Wednesday, at 8 locations in Kolkata, West Bengal, in connection with t...
19 Jun, 2026, 08.18 AM IST
CBI raids 8 locations in Bengal in bank fraud casesThe Central Bureau of Investigation (CBI) has launched extensive operations throughout West Bengal, targeting bank fraud involving a stagge...
18 Jun, 2026, 08.54 PM IST
Indian money in Swiss banks dips to CHF 3.25 bn; customer deposits upIndian funds in Swiss banks saw a decrease in 2025, reaching 3.25 billion Swiss francs. However, customer deposits experienced a significan...
18 Jun, 2026, 06.05 PM IST
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...
17 Jun, 2026, 06.02 AM IST
Prudent ARC top bidder for Aban Offshore debtPrudent ARC has become the highest bidder for Aban Offshore's ₹1,080 crore debt from Punjab National Bank, offering ₹193 crore. This marks ...
17 Jun, 2026, 05.58 AM IST
Rs 25,000 monthly investment in 5-year RD: Check maturity in SBI, PNB, post office, HDFC Bank and other recurring depositsRecurring Deposits offer a safe way to build savings with fixed monthly investments. Investors can choose between banks and post offices fo...
16 Jun, 2026, 04.39 PM IST
Nifty Bank rallies 1,000 points; HDFC Bank, IndusInd, Yes Bank, and other stocks jump up to 3%. What lies ahead?Banking stocks rallied sharply on Monday, pushing the Nifty Bank index nearly 1,000 points higher as easing geopolitical tensions and falli...
15 Jun, 2026, 12.07 PM IST
PNB, Ujjivan raise FCNR deposit ratesPunjab National Bank and Ujjivan Small Finance Bank have raised interest rates on FCNR(B) USD deposits for Non-Resident Indians. This move ...
12 Jun, 2026, 11.45 PM IST
Nifty Bank surges 700 points to one-month high; HDFC Bank, Yes Bank, PNB, other stocks rise 2%. What lies ahead?Bank stocks saw a significant jump on Friday, propelling the Nifty Bank index to a one-month peak. This surge followed news of a potential ...
12 Jun, 2026, 11.43 AM IST
CBI finds no evidence of corruption in case involving Nirav Modi; transferred to magistrateA special CBI court in Mumbai transferred a fraud case against Nirav Modi to a magistrate's court. The CBI stated that corruption charges a...
12 Jun, 2026, 12.53 AM IST
Pvt sector reposing faith in economy, capex cycle showing signs of revival: Punjab National Bank CMD Ashok ChandraPrivate sector investment is reviving. Companies are borrowing more for expansion and infrastructure. Punjab National Bank (PNB) sanctioned...
10 Jun, 2026, 06.29 PM IST