GPS Tracking Rejected in Insurance Claim: Vadodara Forum Ruling
A Vadodara consumer forum dismissed an insurance firm's use of GPS data to deny a claim, citing that a phone's location does not prove fraud, and ordered payment with interest.
A Vadodara consumer forum dismissed an insurance firm's use of GPS data to deny a claim, citing that a phone's location does not prove fraud, and ordered payment with interest.
HDFC Bank CEO Sashidhar Jagdishan discusses the unexpected resignation of former chairman Atanu Chakraborty, emphasizing mature board handling of disagreements and denying rumors of power struggles or mis-selling links.
The Bombay High Court overturned a DRT order that halted a bank's auction process for a south Mumbai flat, condemning borrowers for abusing insolvency laws to delay recovery. The court highlighted a 'disturbing trend' of defaulters acting as 'fence sitter
South Indian Bank appoints Jose Joseph Kattoor as non-executive part-time chairman for three years, succeeding V J Kurian, following RBI approval on February 3, 2026.
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RecommendedKarnataka sees steady growth in post offices despite consolidation, with 45 new offices in three years. India Post collaborates with IPPB to boost financial inclusion, handling 23 crore DBT transactions worth Rs 28,387.3 crore.
The Indian government is reportedly exploring an Offer for Sale (OFS) mechanism to increase the public shareholding in IDBI Bank, aiming to meet regulatory norms and potentially raise funds for disinvestment targets.
Thane Police arrest CoinDCX co-founders Sumit Gupta and Neeraj Khandelwal in a cheating case involving Rs 71.6 lakh. The FIR alleges fraud linked to cryptocurrency investments and franchise offers, while CoinDCX denies claims, citing impersonation.
Foreign portfolio investors have withdrawn Rs 88,180 crore from Indian equities in March, driven by West Asia tensions, a weakening rupee, and high crude oil prices, pushing 2026 outflows past Rs 1 lakh crore.
BingX introduces BingX AI Claw, an AI-powered trading analyst offering real-time, cross-validated signals for cryptocurrencies and other assets, enhancing user control and market navigation.
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RecommendedCBI intensifies investigation into alleged Rs 2,929 crore fraud involving Reliance Communications and SBI, questioning three former top executives of Anil Ambani-led group.
Chetna Gala Sinha reveals how illiterate women learned to sign, convincing RBI to approve Mann Deshi Mahila Sahakari Bank. Now profitable, it plans expansion with RBI talks underway.
Chennai's Economic Offences Wing registers a case against Tycoon Fintech and its director for allegedly defrauding investors of Rs 30 crore with false promises of high cryptocurrency returns.
Bank of Baroda introduces India's first UPI-based overdraft facility for women Self-Help Group members with PMJDY accounts, offering ₹5,000 credit to boost financial inclusion and digital empowerment.
IBL Finance Ltd, a fintech-driven NBFC, has received a long-term investment grade rating of BBB- with a stable outlook from Acuite Ratings. This rating highlights the company's strong governance, financial discipline, and robust risk management practices.
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RecommendedIBL Finance Ltd, a fintech-driven NBFC, has received a long-term investment grade BBB- rating with a stable outlook from Acuité Ratings & Research. This reflects strong governance and financial discipline, enhancing credibility and growth prospects.
AlphaPepe presale adds 100+ daily holders despite extreme market fear, as Bitcoin tests $71K support. Experts see it as a potential breakout candidate with live utility and staking rewards.
HDFC Bank has fired three senior officials due to gaps in client onboarding at its Dubai International Financial Centre branch, following regulatory action and the chairman's resignation over ethical concerns.
Goldman Sachs' 2025 annual report highlights AI as central to its future while issuing stark warnings about potential risks, including incorrect outputs and third-party dependencies.
Central Bank of India will close online applications for 250 Specialist Officer posts on March 23, 2026. Candidates with BE/BTech/MCA and 2-10 years experience can apply for roles in software, cybersecurity, AI, and risk management.
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RecommendedThe Enforcement Directorate seized Rs 31 lakh in cash and uncovered an alleged undisclosed foreign asset case involving a Jabalpur businessman's flat in Lisbon, Portugal, following FEMA searches.
Foreign portfolio investors continue massive selling in Indian equity markets, with net outflows reaching Rs 35,475 crore this week and Rs 88,180 crore in March, driven by geopolitical tensions and global risks.
HDFC Bank has terminated three employees, including senior executives, after an internal probe into alleged mis-selling of high-risk Credit Suisse AT-1 bonds to NRI clients in the UAE, following regulatory scrutiny and investor complaints.
Indian IT stocks surged following Accenture's robust quarterly earnings, signaling positive global demand and boosting investor confidence in the sector.
HDFC Bank's interim chairman Keki Mistry reassures investors of no major issues, indicating Kaizad Bharucha's expanded role is not linked to governance or operational concerns.
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RecommendedBanks are closed in multiple Indian states on March 21, 2026, due to Ramzan-Id, Khutub-E-Ramzan, and Sarhul festivals. Digital services remain operational as RBI lists affected locations.
The Income Tax Department conducted extensive search operations on an Ahmedabad-based chemical group involved in dyes and intermediaries. Raids covered 20 locations including plants, offices, and residences, with cash, valuables, and records seized.
Gujarat recorded the steepest national decline in new equity investor registrations in February, with a 50.4% drop from January, as market volatility deterred fresh entrants, per NSE data.
IDFC First Bank has unfrozen accounts of subsidy beneficiaries after they submitted authentication letters from CREST. This follows a major fraud case at the bank's Chandigarh branch involving Rs 590 crore.
Delegates at Kangra Central Cooperative Bank's AGM opposed outsourced recruitment and secured a 1% higher deposit interest rate for societies, while discussing NPAs and board elections.
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RecommendedThe Indian government has sanctioned a Rs 20,000 crore credit guarantee scheme to support microfinance institutions facing funding challenges, effective until June-end.