Hyderabad Police Commissioner VC Sajjanar met RBI Governor Sanjay Malhotra, proposing a centralised database and real-time 'mule-hunter' tool to stop financial frauds fueled by accounts opened for Rs 2,000-5,000. Read the full story.
Morbi police arrest a labourer for renting his bank accounts, used to route Rs 93 lakh from cyberfraud across 9 states. Details on the 'mule account' racket and ongoing Operation Mule Hunt.
Himachal Pradesh Governor Shiv Pratap Shukla addressed young auditors, urging them to see the CAG as a tool for systemic reform and transparency. Read his full vision for governance.
A 22-year-old IDBI Bank employee in Gurgaon was arrested for opening fraudulent accounts used by a gang that duped people in an old coins scam. Over 40 bank officials have been arrested since October 2024.
Surat police arrest 41 cyber fraudsters in Operation Mule Hunt, uncovering Rs 8.80 crore scam routed through mule accounts. Details on the massive crackdown inside.
Himachal Pradesh Governor Shiv Pratap Shukla addressed the 2025 IA&AS officer trainees in Shimla, stressing constitutional values and financial accountability. Read his full message.
Billionaire Ray Dalio supports Trump Accounts, a new child investment initiative. Treasury Secretary Bessent reveals 20 states are considering adding funds. Learn about this public-private wealth plan.
US Treasury reveals 'Trump Accounts', a pro-family scheme giving $1000 to every American child born 2025-2028. Plan aims to build long-term wealth. Details inside.
Delhi Police has arrested eight individuals in two separate cases for allegedly supplying mule and corporate bank accounts to cybercriminals, unravelling organised online fraud networks. Read the full investigation details.
Gujarat CID's cyber unit uncovers a massive financial crime network using fake apps & mule accounts to launder hundreds of crores. Learn how the scam works and how to stay safe.
A 25-year-old in Ahmedabad faces legal action after allowing a friend to use his bank account for a commission, linked to cyberfraud worth lakhs. Read the full story.
Junagadh police arrest monk Kalyangiri for orchestrating a cyberfraud network using rented bank accounts. Over Rs 41 lakh linked to eight complaints. Read the full investigation details.
Ahmedabad court rejects bail for Anil Karavadra, accused of being a mule account holder in a Rs 17 lakh cyber fraud. The scam involved a fake police officer and a 'digital arrest'. Read the full details.
Junagadh MLA Sanjay Koradiya discovers fake Facebook and Instagram accounts created in Pakistan. Police investigate impersonation and extortion threats. Read the full details.
RBI Governor Sanjay Malhotra states credit growth at 1x GDP is sustainable, warns against 2x expansion seen pre-2012 that hurt asset quality. Bank credit grew 11.3% YoY to ₹198 tn.
RBI's MPC slashed repo rate by 25 bps to 5.25%, urging banks to cut lending rates. See how HDFC, SBI, ICICI, and other top banks' home loan rates are impacted. Check your potential EMI savings now!
RBI Deputy Governor Poonam Gupta clarifies IMF's procedural concerns on India's data quality and the rupee's 'crawling peg' tag. Get the full story on the economic debate.
RBI Governor Sanjay Malhotra clarifies the central bank does not target a specific price for the rupee, allowing markets to determine its correct value. Details on forex reserves and policy focus inside.
The Reserve Bank of India will conduct Rs 1 lakh crore in Open Market Operations in December to address tight liquidity. This major move aims to support the banking system and manage yields.
The Reserve Bank of India's Monetary Policy Committee cut the repo rate by 25 basis points to 6.50%. Economists praise the decision as balanced and forward-looking. Read the full analysis.
The Reserve Bank of India cuts repo rate by 25 bps to 6.50%, a move hailed by experts as forward-looking. Read the full analysis and market impact.
RBI announces ₹1.45 trillion liquidity boost via OMO purchases and a dollar-rupee swap. Experts see dovish policy, support for growth and NBFCs. Details inside.
Indian stock market benchmarks Sensex and Nifty 50 jumped over 0.4% after the RBI cut the repo rate to 5.25%. Rate-sensitive sectors led the gains. Read for full analysis.
RBI Governor announces a special two-month campaign to resolve all complaints pending over 30 days with the Ombudsman. Get details on the surge in grievances and the central bank's push for better customer service.
RBI cuts repo rate to 5.25%, paving way for lower loan EMIs. FY26 GDP growth forecast raised to 7.3%, inflation projection trimmed to 2%. Details inside.
The RBI's Monetary Policy Committee has cut the repo rate by 25 basis points to 5.25%, citing benign inflation. Governor Sanjay Malhotra explains the move despite strong GDP growth. Read the full analysis.
RBI cuts repo rate by 25 bps to 5.25%, hikes FY26 GDP forecast to 7.3%, and lowers inflation projection to 2%. Governor Malhotra announces major liquidity measures. Read more.
The Reserve Bank of India cuts the key repo rate by 25 basis points to 5.25%, citing robust GDP growth and record-low inflation. Read the full MPC decision and its impact.
The Reserve Bank of India has revised its GDP growth forecast for the current fiscal year upwards to 7.3%, signaling strong economic momentum. Get the latest details and analysis here.
The Reserve Bank of India's MPC cut the repo rate by 25 basis points to 5.25% in its December policy. This marks a cumulative reduction of 125 bps since February. Read the full analysis.