CBI Questions Jai Anmol Ambani in Rs 228 Crore Bank Fraud
The CBI interrogated Jai Anmol Ambani for over six hours in a Rs 228 crore fraud case involving Reliance Home Finance. He has been summoned again for further questioning.
Category : Banking
IDBI Bank Sale Likely Cancelled Over Low Bids
The Indian government's plan to sell a majority stake in IDBI Bank is likely to be scrapped after bids from Fairfax Financial and Emirates NBD fell short of the reserve price, sources reveal.
CBI Questions Anil Ambani's Son in Rs 228 Crore Bank Fraud
The Central Bureau of Investigation has questioned Anil Ambani's son in connection with a Rs 228 crore bank fraud case involving Union Bank of India, based on allegations of non-repayment of credit.
RBI Assistant 2026 Edit Window Opens Tomorrow: What You Can Change
The Reserve Bank of India opens a two-day edit window for Assistant recruitment 2026 applications starting March 14. Candidates can modify specific details with a ₹200 fee before exams in April and June.
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ProgShakti Credit Surge: Women Entrepreneurs Gain 105% in Jaipur
Fintech firm Progcap reports a 105% surge in credit limits for women entrepreneurs under its ProgShakti initiative, with Jaipur leading growth in Tier 2 and 3 MSME markets.
Parliament Panel Warns on UPI Sustainability, Banking Cybersecurity
A Lok Sabha committee has raised alarms over financial sustainability of digital payments, structural lending gaps, cybersecurity weaknesses in banks, and declining insurance penetration in its latest report on financial services.
Gold Futures Fall Rs 992 to Rs 1.59 Lakh/10g on Global Cues
Gold futures in India dropped sharply by Rs 992 to Rs 1.59 lakh per 10 grams, driven by weak global trends and a strengthening US dollar. This decline reflects broader market pressures on precious metals.
Gold Futures Fall Rs 992 as Dollar Strengthens Globally
Gold prices declined by Rs 992 to Rs 1.59 lakh per 10 grams in futures trade, driven by a weaker international trend and a firmer US dollar. Analysts cite geopolitical risks and macroeconomic factors influencing the market.
Gold, Silver Prices Fall Today: City-Wise Rates for March 13
Gold and silver prices witnessed a notable drop on March 13, 2026, with declines in major Indian cities like Delhi, Mumbai, and Chennai. Check the latest 24-carat and 22-carat gold rates, along with silver prices and global market trends.
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Assam Co-operative Apex Bank Recruits 150 Assistants
The Assam Co-operative Apex Bank Ltd. has announced a recruitment drive for 150 Assistant posts. Applications open from March 20 to April 19, 2026, for graduates with 45% marks and basic computer skills.
Rupee Hits Fresh Intra-Day Low of 92.44 vs US Dollar
The Indian rupee weakened significantly, opening at 92.33 and dropping to a new intra-day low of 92.44 against the US dollar, marking a decline of 19 paise from its previous close.
Gold Price Prediction: Intraday Weakness Signals Sell Strategy
Gold April futures on MCX trade near ₹1,59,860 with persistent selling pressure. Technical analysis shows bearish momentum, with experts recommending a sell on rise strategy near ₹1,60,300.
HDFC Ergo Names Parthanil Ghosh as New MD & CEO
HDFC Ergo General Insurance appoints Parthanil Ghosh as Managing Director and CEO, effective April 16, pending regulatory approvals. He succeeds Anuj Tyagi in this leadership role.
BOB Peon Mains Admit Cards 2026 Released
Bank of Baroda has issued admit cards for the Peon Mains Examination 2026. Qualified candidates can download hall tickets from the official website for the online exam on March 22, 2026.
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Vinay Tonse Takes Over as Yes Bank CEO
Vinay Tonse has been appointed as the new Managing Director and CEO of Yes Bank, succeeding Prashant Kumar. The Reserve Bank of India approved his term for three years, effective July 15, 2024.
RBI Reporting Change May Inflate India's Credit Growth
A technical tweak in bank reporting to RBI could artificially swell India's credit numbers by over Rs 2 lakh crore, lifting measured loan growth by more than a percentage point this fiscal year.
HSBC Backs GCC Economies Despite Middle East Conflict
Global banking giant HSBC has publicly reaffirmed its confidence in the long-term economic strength of Gulf Cooperation Council economies, signaling that international financial institutions are not retreating from the region despite escalating geopolitic
Vinay Tonse Named Yes Bank CEO After SMBC Stake Acquisition
Former SBI MD Vinay Tonse will succeed Prashant Kumar as Yes Bank CEO on April 6, following Sumitomo Mitsui Banking Corporation's 20% stake purchase, making it the largest shareholder in the private lender.
Indian Bank to Pay Rs 1.32 Crore for Missing Gold Jewellery
Indian Bank has approved a compensation of Rs 1.32 crore for a Rajkot-based couple after their gold ornaments worth Rs 1.15 crore went missing from the bank's custody. The settlement follows a high court petition and includes interest reversal and credit
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Shriram Launches Upgraded Health Insurance Plan Shri Health Suraksha 2.0
Shriram General Insurance introduces Shri Health Suraksha 2.0, a health insurance plan removing room rent caps and co-payments, with unlimited sum insured restoration and up to 250% cumulative bonus.
BOB Peon Mains Admit Card 2026 Released for Office Assistant Exam
Bank of Baroda has issued the admit card for the Office Assistant (Peon) Mains examination 2026. Qualified candidates can download call letters from the official website for the exam scheduled on March 22, 2026.
Gold Rates Fall in India as Traders Book Profits, Watch Global Cues
Gold prices declined in major Indian cities on Thursday due to mild profit-booking after recent gains. Traders remained cautious, tracking domestic futures and global events like the Israel-Iran conflict.
Citibank UAE Branches Shut Temporarily Over Security Concerns
Global banking giant Citibank has temporarily closed most of its branches and financial centers across the United Arab Emirates from March 12-14 as a precautionary measure amid escalating geopolitical tensions in the Middle East. Only the Mall of the Emir
Citibank Closes UAE Branches Amid Regional Conflict
Citibank has temporarily closed most of its branches in the UAE until March 14, 2026, as banks across the region evacuate offices due to escalating tensions between the US, Israel, and Iran.
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Hero FinCorp's AI & Talent Initiatives Earn Industry Recognition
Hero FinCorp's AI-driven lending platform Project Dhruv Tara and its talent development initiatives have received prestigious industry awards, highlighting innovation in financial services.
Gold Futures Dip to Rs 1.61 Lakh/10g on Dollar Strength
Gold futures on MCX fell by Rs 38 to Rs 1,61,751 per 10 grams for April delivery, impacted by a firm US dollar and rising crude oil prices, with trading volume of 1,067 lots.
Indian Oil Supplies LPG to Priority Sectors in Himachal
Indian Oil Corporation is distributing commercial LPG cylinders from existing dealer stocks to hospitals and educational institutions in Himachal Pradesh, ensuring uninterrupted supply to critical sectors.
Gold and Silver Price Prediction: Rally to Rs 1.7 Lakh and Rs 3 Lakh
Gold prices are showing a sideways-to-bullish bias and may rally to Rs 1.7 lakh, while silver is likely headed to Rs 3 lakh, according to Abhilash Koikkara of Nuvama. Technical analysis reveals key support and resistance levels for both metals.
Wizz Financial Completes First Stablecoin Cross-Border Transaction
Wizz Financial, in partnership with BitGo, has successfully executed the first stablecoin-powered cross-border transaction from the US to 80 countries, marking a significant milestone in digital finance.
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NBFCs to Grow Faster Than Banks in India, AI Drives Lending: Nomura
A Nomura report predicts India's non-banking financial companies will grow faster than traditional banks, driven by AI-powered lending models that enhance efficiency and risk assessment.
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