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On This Day in History, July 4: Declaration of Independence proclaimed, Battle of Hattin, Statue of Liberty presented, Philippines gains independence, Higgs boson discovery and moreOn This Day in History, July 4, the United States proclaimed the Declaration of Independence, while other landmark events included the Batt...- 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...
- Govt pledges extra Rs 30,000 crore for NIIF, move to spur infra investments, says finance ministryThe Indian government has boosted its commitment to the National Investment and Infrastructure Fund (NIIF) by an additional Rs 30,000 crore...
- Maharashtra govt tables Rs 97,706 cr supplementary demands; Rs 20,552 cr for farm loan waiverMaharashtra government tabled supplementary demands of over Rs 97,700 crore, with a significant Rs 20,552 crore earmarked for the farm loan...
- Mizoram CM Lalduhoma highlights role of externally aided projects in Northeast development at Shillong seminarMizoram Chief Minister Lalduhoma said externally aided projects not only provide financial assistance but also bring valuable technical exp...
- Tamil Nadu DCCB housing loan up to Rs 10 lakh: Check eligibility, how to apply, documents needed and moreTN DCCB house loan: Tamil Nadu residents can now access housing loans up to Rs 10 lakh. The scheme, offered through District Central Cooper...
- Delhi police arrests bank deputy manager in Rs 67.92 crore mule account case linked to 159 cyber fraud complaintsDelhi Police apprehended Pabitra Kumar Biswal, a Deputy Manager at National Urban Cooperative Bank. He allegedly facilitated a mule account...
- The safe keepers: Inside India's booming locker economyIndia’s locker economy is booming amid rising gold prices and household wealth. While banks remain the preferred repository, private vault ...
- Can Elon Musk do to US telecom what Mukesh Ambani did in India?Elon Musk's Starlink is poised to disrupt American telecom giants like AT&T and Verizon. Analysts believe Starlink could change how connect...
- Mid-tier entities in Indian BFSI under-invested in security, most exposed to cyberattacks: ReportIndian mid-tier banks and financial firms face significant cyber risks. They have embraced digital technology but lag in cybersecurity spen...
- Belarus eyes deeper BRICS partnership, strengthens India ties for multipolar worldBelarus eyes full BRICS membership, seeking a multipolar world order. The nation is deepening its strong relationship with India. Key areas...
- Shivalik Small Bank closes in on ManiBhavnam Home FinanceShivalik has received Reserve Bank of India's (RBI) approval for this acquisition while it has sought clearance from the Registrar of Compa...
- Bengal's new BJP govt sanctions three cases including teacher recruitment scam for CBIWest Bengal's new Chief Minister Suvendu Adhikari has approved CBI investigations into three significant recruitment scams. These cases, in...
- RBI rolls out UCB training programmeThe Reserve Bank of India has launched Mission SAKSHAM. This initiative aims to build capacity across all urban cooperative banks nationwid...
- RBI expresses concern on elevated NPAs of urban cooperative banksThe Reserve Bank of India (RBI) expressed concern about high levels of gross non-performing assets (NPAs) in urban cooperative banks despit...
- RBI imposes penalty on four cooperative banksAfter considering facts of the respective cases and replies, RBI said it came to conclusion that violations were substantiated and warrante...
- RBI panel's recommendations on urban cooperative banks hit industry hurdleMukund Abhyankar said every UCB will also pass resolution against the report and submit the same to RBI so that the recommendations are not...
- RBI cancels licence of Ajmer Urban Cooperative BankThe Reserve Bank has cancelled the licence of Ajmer Urban Cooperative Bank following financial irregularities and heavy debts.
- Urban cooperative banks misused for money launderingUrban Cooperative Banks (UCBs), which hold deposits of over Rs two lakh crore, are being misused for money laundering causing alarm to the ...
- RBI imposes Rs 5 lakh fine on National Urban Cooperative BankThe Reserve Bank has imposed a fine of Rs 5 lakh on the National Urban Cooperative Bank for violation of its guidelines relating to loan sa...
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