banks

Banks Ask RBI To Change The Definition Of 'Fraud' In Banks As It Sends Wrong Signal To Stakeholders All the high-street banks are coming together to request the Reserve Bank of India to change the definition of ‘fraud’ as it has ruined…

Private lender Kotak Mahindra Bank has recorded the highest number of bank frauds in the Apr-Dec 2021 period The number of bank frauds in the country has drastically reduced from Rs 61,229 crore in 2016-17 to Rs 648 crore in the first…

Govt Still Undecided On Privatisation Of These 2 Govt Banks; Unauthorised Use Of 'Banks' Banned The Indian banking sector is under overhaul in recent years. It has witnessed heavy NPAs and Mergers of various Public Sector Banks. It is…

These Bank Customers Are Getting Rs 5 Lakh Deposit Insurance From RBI Subsidiary: Check Your Eligibility Diwali might have ended a while back, but customers of 16 stressed cooperative banks will be celebrating joyously the recent news.…

5 Big Financial Changes From Oct 1 You Should Know: Cheque Book Expires, Auto-Debit Ends, Pension & More! Change is the only constant they say. If these changes are being done by authorities at the top, they affect millions of…

You toiled hard, you sweat and bled you earned money. And like any other rational citizen of the country, you deposited it in the bank. But what if the bank you entrusted your money with, mismanages it and you can lose your money…

We all know what Google Pay is and easy it has made the lives of millions of people throughout the world. Within the blink of an eye, the money can be transferred from one bank account to another bank account, without any hassle. With…

Ola's Rs 7500 Crore IPO Gets Big Push: Citi Bank, Kotak Will Handle IPO Launch & More Details Indian multinational ridesharing firm, Ola has selected banks such as Citigroup Inc. and Kotak Mahindra Bank Ltd. to manage its Mumbai…

People familiar with the matter have reported that the government still has not gotten the green light from the parliament to put into action the required changes in law needed to start the transaction. In the Union Budget meet on…

The privatisation of two state-owned banks and one general insurance company could be shifted to the upcoming financial year. In the Union Budget meet on February 1, FM Niramala Sitharaman announced the government’s plan to conduct…