Shri Mahant Yamuna Puri, secretary of Shri Panchayati Mahanirvani Akhara, reported fraudulent withdrawal of Rs 4.55 lakh from his bank account via forged cheque. Police are investigating the case involving a Lucknow-based man and unknown bank employees.
SEBI proposes to slash the minimum investment limit for social impact funds from Rs 2 lakhs to Rs 1,000, aiming to democratize access and boost funding for social enterprises.
The Reserve Bank of India's proposal to compensate victims of small-value digital fraud raises questions about central bank overreach versus consumer protection in India's growing cybercrime landscape.
The Reserve Bank of India is developing a streamlined procedure to implement its Rs 25,000 cyber fraud compensation scheme, using funds from unclaimed deposits to reimburse victims with minimal hassle.
Discover five leading blue-chip auto stocks in India, including Bajaj Auto, Hero MotoCorp, Maruti Suzuki, TVS Motor, and Tata Motors, offering scale, strong financials, and growth potential amid economic cycles.
Gold and silver prices declined sharply on Tuesday, ending a two-day rally, with spot gold down 0.70% and silver falling 1.94%. Despite the drop, analysts cite strong fundamentals like central bank purchases and geopolitical tensions for a rebound.
The CBDT has released draft Income-tax Rules for 2026, proposing higher thresholds for PAN quoting in cash deposits, property deals, and hotel bills. It includes CBDC in electronic payments and new reporting norms for crypto exchanges.
A 55-year-old bank employee in Indore died by suicide with a licensed rifle as a public sector bank team was taking possession of his mortgaged house over unpaid loans of Rs 2.5 crore.
The Reserve Bank of India is organizing financial literacy camps in Shimla from now until February 13, aiming to educate citizens on banking services and financial management.
The Supreme Court directs banks to implement AI mechanisms for flagging suspicious transactions, citing Rs 52,000cr online fraud losses. Banks must act as trustees of public money, not just profit centers.
Hyderabad police have registered a case against businessman Bayana Prakash and seven others for allegedly cheating ICICI Bank of Rs 1.7 crore through forged land records and circular money transfers.
Jharkhand achieves 51% Re-KYC completion for bank accounts, leading India. RBI launches financial literacy week focusing on secure banking and preventing cyber fraud through KYC awareness.
RBI Patna office inaugurated Financial Literacy Week 2026 with theme 'KYC—Your first step to safe banking' to educate public on digital banking risks and safeguards.
Belagavi District Central Cooperative Bank threatens legal notices against individuals spreading misinformation, defends loans to contractors and sugar factories, and announces employee insurance scheme.
The Reserve Bank of India has increased the collateral-free loan limit for Micro, Small, and Medium Enterprises from Rs 10 lakh to Rs 20 lakh to enhance credit accessibility and support business growth.
Domestic mutual funds have dramatically narrowed their shareholding gap with foreign institutional investors in NSE-listed companies, reducing it from 10.51% to 5.5% between December 2022 and December 2025. This shift is driven by robust retail inflows th
Silver prices surged 6% to Rs 2.72 lakh per kg, while gold increased by Rs 1,300 to Rs 1,58,500 per 10 grams, driven by strong global market trends and investor demand.
India's public sector banks achieved a record cumulative profit of Rs 52,603 crore in Q3 FY26, marking an 18% year-on-year increase. State Bank of India led the surge with a 24% profit rise, contributing 40% of total earnings.
The Fractal Analytics IPO opened to a muted response, with overall subscription at 0.09 times. Retail portion saw 0.35 times subscription while NIIs booked just 0.07 times. The ₹2,834 crore issue has a price band of ₹857-900 per share.
Cryptocurrency market sentiment plunges to its lowest in 42 months as Bitcoin falls to $60,000 and Solana dips. Traders are migrating to DeepSnitch AI amid rumors of potential 200x returns.
Brandman Retail's SME IPO allotment is scheduled for February 9. The issue was oversubscribed 114.48 times. Learn how to check allotment status on NSE and Bigshare Services.
The UAE Central Bank has released a limited edition of gold and silver commemorative coins to mark five years since Mohamed bin Zayed University of Artificial Intelligence opened, celebrating its growth and achievements in the nation's AI ecosystem.
The PAN HR Solutions SME IPO subscription closes tomorrow. The issue aims to raise ₹17.04 crore, with a price band of ₹74-78 per share. Grey market premium stands at ₹0, indicating muted investor sentiment.
The Indian rupee depreciated by 9 paise to close at 90.74 against the US dollar on February 9, 2026. Forex traders reported high volatility as positive domestic equities and foreign fund inflows were offset by investor risk-off sentiment.
The Supreme Court has mandated the RBI and banks to implement timely measures against digital fraud, emphasizing consumer protection and faster complaint resolution in India's financial sector.
SBI Life maintained its 6.83% stake in Paisalo Digital in Q3 FY26, while FPIs raised holdings to 20.89%. The NBFC posted a 6.6% YoY profit rise to ₹66.3 crore and reported strong net interest income growth.
The SME IPO of Grover Jewells Ltd concluded with strong demand. Investors await the allotment status, expected on February 9, with shares listing on NSE SME on February 11. Here's how to check your status.
PB Fintech's subsidiary PB Pay has received RBI authorization to operate as a payment aggregator, enabling digital payment processing and reducing third-party dependency.
India's mutual fund industry is experiencing explosive growth with millions of new investors, but a severe shortage of qualified financial advisers threatens long-term wealth creation and financial inclusion goals.
Bank of Baroda has launched recruitment for 166 managerial positions including Senior Manager and Manager roles. Applications open online until February 26, 2026 with multi-stage selection process.