Category : Banking


RBI Tightens Loan Recovery Rules to Protect Borrowers

The Reserve Bank of India has introduced stricter norms for loan recovery, banning harsh practices and requiring banks to resolve complaints before starting repossession. These rules take effect in July 2026.

ED Attaches Rs 1.2 Cr in Goa Bank Fraud Case

The Enforcement Directorate has provisionally attached properties worth Rs 1.2 crore linked to a Rs 2.8 crore UCO Bank fraud involving fake gold loans in Goa. Accused used counterfeit gold to secure loans across three branches.

Udupi Bank Seal Fraud in Property Tax Payments

A major fraud case involving misuse of a bank seal and duplicate challans in property tax payments has been registered at Udupi Town police station. Officials discovered discrepancies during routine checks, leading to suspicions of cheating and forgery.

Indian IT Stocks Crash as Global Tech Sell-Off Spreads

Infosys and Wipro ADRs fell sharply amid a global tech sell-off, driven by AI disruption fears and strong US jobs data reducing rate cut hopes. The Nifty IT index dropped 5.5%, erasing Rs 1.3 lakh crore in market cap.

PSU Bank Stocks Scale New Peaks as Rally Continues in 2026

PSU banking stocks maintain their upward momentum in 2026, with the Nifty PSU Bank index reaching an all-time high. Robust Q3 earnings, credit growth, and improved asset quality drive the rally, despite market volatility and budget concerns.

SBI Extends CBO Recruitment Deadline to February 2026

State Bank of India has extended the application deadline for 2,050 Circle Based Officer positions to February 25, 2026. The online registration process is open, with eligibility requiring a graduation degree and Indian citizenship.

Gold, Silver Prices Poised for Long-Term Rise: Nuvama Expert

Gold and silver prices have rebounded from recent lows and are on a path for sustained long-term growth, according to Abhilash Koikkara of Nuvama Professional Clients Group. Technical analysis suggests bullish momentum with specific price targets.

Indian Market 18 Months Ahead of Fair Value: DSP CEO

DSP Mutual Fund's Kalpen Parekh warns that despite recent consolidation, Indian markets remain expensive with valuations at 21-22 PE versus fair 17-18 PE. Investors should moderate return expectations and focus on long-term discipline.

Why Individual Health Insurance Still Matters in India

Group health insurance offers short-term coverage but lacks long-term security. Individual policies provide lifetime renewability and stability, essential for true financial protection against rising healthcare costs.

HLB Priority Redefines Wealth for New Era

HLB Priority introduces a new approach to wealth management, focusing on holistic well-being and sustainability to meet evolving client needs in a changing world.

LG India Shares Fall 8% on 61.58% Profit Decline

LG Electronics India's stock fell over 8% after reporting a 61.58% year-on-year net profit drop to ₹89.67 crore in Q3 FY26, with revenue flat at ₹4,114.4 crore amid softening post-Diwali demand.

Banking Services Hit by Bharat Bandh Amid Union Strike

Banking operations face uncertainty as major unions join nationwide Bharat Bandh strike against labour codes. SBI, Bank of Baroda, and UCO Bank warn of potential service disruptions despite branches remaining open.

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