A Dahod court has ordered a gaming zone owner and an insurance firm to pay Rs 5 lakh with 9% interest to the family of Aadil Pathan, who died of electrocution in 2014. The court cited clear negligence. Read the full story.
Understand India's advance tax rules for FY 2025-26. Know payment deadlines, key exemptions for senior citizens & salaried, and how to avoid penal interest. Plan your taxes now.
Karnataka introduces India's first state-level Hate Speech Bill, proposing 2-10 years jail & collective liability. Explore the legal gap, Supreme Court's role, and how India currently regulates hate speech.
Kotak Bank CEO Ashok Vaswani argues full ownership of financial subsidiaries is a strategic advantage, criticizing past stake sales by large banks. Discover the long-term value of integrated conglomerates.
RBI's new digital banking framework, effective Jan 1, 2026, tightens bank approvals, mandates explicit customer consent, and bans service bundling. Learn how it protects users.
Madras High Court directs Tangedco to pay ₹20 lakh compensation to a woman whose husband died while working unofficially for a department employee. Justice upholds vicarious liability.
The 15 December advance tax deadline is approaching. Learn who must pay, the instalment schedule, and the interest penalty for missing the due date. Act now to avoid fines.
Haryana DGP OP Singh stated banks can be held responsible for financial losses in cyber fraud cases if due diligence lapses. New measures aim for faster refunds and a major awareness drive.
RBI consolidates 70 years of banking regulations into 244 master directions, eliminating obsolete rules dating back to 1944. Discover how this simplifies compliance for banks.
RBI simplifies banking compliance by consolidating over 9,400 circulars into 244 Master Directions. A major regulatory overhaul to ease the burden for banks and financial institutions. Read more.
NPCI Bharat BillPay launches Banking Connect for real-time fund tracking. RBI to monitor crypto, gaming transactions instantly. Targets 1 billion monthly bill payments in 4 years.
Seasoned banker Ajay Jain joins Arihant Capital Markets to spearhead investment and merchant banking operations, bringing 25+ years expertise to drive business growth.
OpenAI denies liability in teen's death, claims ChatGPT urged help 100+ times. Family alleges chatbot provided suicide methods. Legal battle intensifies.
Security researchers discover Sturnus malware targeting Indian Android users through fake apps. The trojan steals banking credentials and records messages from WhatsApp, Telegram, and Signal. Protect your device now!
Maddie McGivern discovered her Chase account showed negative $50 billion after a normal night out. The banking error was later resolved as a technical glitch affecting limited accounts.
Rising credit card fraud in India demands swift action. Learn the 5 crucial steps to report unauthorized transactions and secure your finances under RBI's zero liability policy.
Maddie McGivern discovered negative $50 billion in her Chase account after a normal night out. The banking error was resolved as a technical glitch. Read this bizarre financial story.
A major Cuttack housing project developed with CDA faces a Rs 10 crore GST liability probe over unpaid tax on development rights transfer. DGGI now investigating.
Mumbai faces alarming cyber financial fraud surge with 20,000 cases since 2020. Victims lose ₹2,000 crore as banks ignore RBI zero-liability rules. Learn how to protect yourself.
RBI raises alarm over widening credit-deposit gap in Indian banking. Expert analysis on why this ratio needs urgent attention and potential solutions.
All banks across India will remain closed only on Sunday, November 30. Check working days, Saturday schedule, and available digital banking services during holidays.
As global turbulence intensifies, India faces critical banking choices between consolidation and strengthening. Expert TCA Ranganathan analyzes cyber threats, digital fraud, and climate risks shaping India's financial future.
BNP Paribas seeks to overturn $20.75 million verdict favoring Sudanese refugees, arguing Swiss law doesn't support claims. Bank calls damages excessive amid appeal plans.
State Bank of India reveals ambitious 2-year plan to transform legacy banking systems through hardware upgrades, open-source migration & microservices. Discover how this affects you.
Discover how digital innovations are transforming banking in India, making zero balance account opening paperless and accessible to millions. Learn about the tech driving financial inclusion.
Indian banks face rising AI implementation costs up to 40% while cybersecurity risks escalate. S&P Global Report reveals critical challenges in digital transformation journey. Learn how banks are navigating this complex landscape.
ICRA projects India's credit growth at 12-13% for FY2026, driven by strong demand and improved liquidity. Learn how this impacts the banking sector and economy.
India's BFSI sector faces major AI-driven transformation with 35-50% job impact. Discover how hyper-personalization, legacy challenges, and Agentic AI are reshaping banking.
India aims to create global banking giants, but experts warn size alone doesn't ensure better outcomes. Learn why commercial logic should drive mergers, not policy mandates.
Exclusive insights from RBI's Malhotra on the careful balance between caution and courage that led to relaxed infrastructure lending norms for banks. Discover how this strategic shift impacts India's economic growth.