South Indian Bank has boosted interest rates on US dollar deposits for Non-Resident Indians to 6.5% per annum for 3-5 year tenures. This mo...

Axis Bank assures its digital systems are secure. The bank states cyber fraud largely occurs when customers are tricked by external communi...

In one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...

A special CBI court in Mumbai transferred a fraud case against Nirav Modi to a magistrate's court. The CBI stated that corruption charges a...

Naresh Kumar was arrested on June 10 under the provisions of the Prevention of Money Laundering Act (PMLA), 2002. He was produced before a ...

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

They pose as the police, put you under ‘digital arrest’, and tether you to a video call till your savings are gone. How India’s fastest gro...

India’s locker economy is booming amid rising gold prices and household wealth. While banks remain the preferred repository, private vault ...

A forensic review has confirmed a Rs 646 crore fraud at IDFC First Bank's Chandigarh branch was an isolated incident. The fraud involved co...

HDFC Bank is facing a barrage of governance allegations and panic. However, court relief and regulatory reassurances indicate no material a...

Globalisation is changing. It now balances efficiency with resilience and security. This shift benefits India, a nation with strong tech ta...

IndusInd Bank shares fell on Wednesday after a fresh whistleblower complaint was sent to the Prime Minister’s Office, RBI, and other regula...

Uday Kotak, Founder and Director of Kotak Mahindra Bank, emphasized that it is time for India to focus on the business of business now that...

Enforcement Directorate arrested a former Kotak Mahindra Bank executive. He is accused of masterminding a ₹145-crore fraud. Panchkula munic...

Real estate businessman Vikram Wadhwa has been arrested by the Enforcement Directorate. The arrest is linked to an alleged Rs 645 crore fra...

Although number of frauds for public and private sector banks reduced, the amount involved has increased over the years. Number of frauds w...

As energy prices surge and supply chain disruptions persist, India's economic landscape is indeed testing its resilience; yet, robust finan...