Category : Search result: prevalidated bank account


Court rejects bail in ₹58 crore digital arrest fraud case

A Mumbai court rejects bail for two brothers accused in a ₹58 crore digital arrest scam for failing to explain why they allowed scammers to use their company's bank account. Learn how the court is cracking down on cybercrime.

India's FY26 CAD Projected at 1.7% of GDP

Union Bank of India report warns India's current account deficit will rise to 1.7% of GDP in FY26 due to persistent global tariff pressures and a record trade deficit. Learn about mitigating factors and the potential impact of the India-US trade deal.

Market Rally Ends, PSU Banks Defy Trend

Indian equities halted their six-session winning streak on November 18. Discover why PSU Bank stocks emerged as the sole gainers and what experts forecast for the sector's near-term trajectory.

Sheetal Tejwani's Rs 60.7 Cr Bank Fraud Exposed

Sheetal Tejwani, accused in Pune's Rs 300 Cr land deal, previously defrauded Seva Vikas Bank of Rs 60.7 Cr using fake documents including scooter plate for Mercedes loan. Read shocking details.

Bank Unions Oppose FM's Privatisation Remarks

Indian banking unions strongly oppose FM Nirmala Sitharaman's privatisation remarks, demand strengthening of public sector banks instead. Latest updates on the banking sector debate.

Why Your Main Bank Account Isn't Safe for Daily Spends

Discover why using your primary bank account for daily transactions exposes you to fraud and financial risks. Learn how digital payment apps provide better security and convenience for everyday spending.

Bank Unions Oppose Public Sector Bank Mergers

Indian banking unions unite against proposed consolidation of Union Bank, Indian Overseas Bank, and other public sector banks, citing job security and service quality concerns.

PSU Bank Stocks Rally Up to 3% on Merger Buzz

Bank of Baroda, Bank of India lead PSU bank rally amid government's consolidation push. Investors cheer potential merger of smaller state-owned lenders as stocks hit new highs.

November 2025 Bank Holidays: Full India List

Get the full city-wise list of bank holidays in November 2025 across India. Plan your financial transactions and avoid last-minute surprises with our comprehensive guide.

Large Cash Deposits Triggering Tax Notices? Stay Safe!

Planning to deposit a big cash amount? The Income Tax Department is watching. Learn how high-value transactions trigger red flags and discover smart strategies to avoid unwanted tax notices and penalties.

Global Investors Flock to Indian Banking Sector

Discover why global investors are pouring billions into Indian banks as economic growth, digital transformation, and regulatory stability create unprecedented opportunities in the banking sector.

November 2025 Bank Holidays: State-wise Guide

Plan your financial transactions wisely with our comprehensive guide to bank holidays across Indian states in November 2025. Know when banks will remain closed for festivals and important occasions.

RBI Scraps Mandatory Nominee for Bank Accounts

Discover how RBI's new banking regulations eliminate mandatory nominations for savings accounts, FDs, and lockers, giving Indian account holders more flexibility and simplified banking procedures.

Union Bank & Indian Bank Get RBI Nod for Overseas Merger

In a strategic banking sector reform, Union Bank of India and Indian Bank receive RBI approval to merge overseas operations. This landmark decision enhances international presence across 13+ countries including UK, UAE, and Hong Kong.

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