Category : Banking


India Post Expands Karnataka Network, Focuses on Banking

Karnataka 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.

Govt May Use OFS to Raise IDBI Bank Public Float

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.

CoinDCX Founders Arrested in Thane for Crypto Fraud Case

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.

HDFC Bank Fires 3 Executives for DIFC Branch Lapses

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.

I-T Raids Ahmedabad Chemical Group Over Financial Scrutiny

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.

Page 15 of 129
Pickt mobile sticky banner — logo, tagline and CTA button