HDFC Bank Employee's Caste Remark Sparks Outrage in Kanpur
A viral video from HDFC Bank's Kanpur branch shows an employee making a caste-based remark during a heated argument with a customer, triggering widespread criticism online.
Category : Banking
Gold Price Rally Overextended? Analyst Outlook Amid Risks
Gold prices surged amid volatility, with spot gold gaining 1.43% weekly to $4962. Analyst Praveen Singh warns the rally looks overextended, citing geopolitical tensions and upcoming US data.
MP Chadha Demands LTCG Tax Abolition for Individual Investors
Aam Aadmi Party MP Raghav Chadha has called for the elimination of Long-Term Capital Gains Tax on equities for individual investors, following the recent STT hike in the Union Budget 2026-2027.
Aye Finance IPO Faces Tepid Demand, Grey Market Signals Flat Debut
The Aye Finance IPO, backed by Alphabet, opened with subdued interest as grey market premiums remained flat and subscription rates low. Analysts advise caution due to high credit costs and profit declines.
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Market-Maker Plan for Corporate Bonds: Liquidity Boost?
India's budget proposes market makers to enhance corporate bond liquidity and retail access. However, challenges from the G-Sec market and structural issues may hinder success without broader reforms.
Transcorp Gets RBI Nod for Centralized Payment Systems Access
Transcorp International Limited secures RBI in-principle approval for Centralized Payment Systems, enabling RTGS/NEFT capabilities and strengthening its digital financial services infrastructure amid strong profitability growth.
New Tax Rules Simplify Compliance, Complicate Salaried Choices
India's draft Income-tax Rules 2026 promise simpler compliance with pre-filled returns but revive Old Regime exemptions, making tax decisions harder for salaried individuals.
Kotak Mahindra Bank CTO Bhavnish Lathia Resigns
Kotak Mahindra Bank's Chief Technology Officer Bhavnish Lathia has resigned citing personal reasons, with his last day being February 9, 2026. The bank has appointed Nilesh Chaudhari as the new CTO.
Fractal and Aye Finance IPOs Open: GMP and Subscription Data
Fractal Analytics and Aye Finance IPOs opened for bidding on February 9, 2026, with strong grey market sentiment for Fractal. Subscription data and brokerage reviews highlight investment opportunities in AI and MSME lending sectors.
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Dividend Stocks: Hero MotoCorp, Page Industries, RVNL Set Dates
Several major Indian companies, including Hero MotoCorp, Page Industries, and RVNL, have declared dividends with upcoming record and ex-dates for shareholder payouts.
Prayagraj Mahant Loses Rs 4.55 Lakh in Bank Fraud
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 Lowering Social Impact Fund Minimum to Rs 1,000
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.
RBI's Fraud Compensation Plan: Mission Creep or Protection?
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.
RBI's Rs 25,000 Cyber Fraud Compensation Plan Takes Shape
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.
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Top 5 Blue-Chip Auto Stocks for Your Investment Watchlist
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, Silver Prices Fall 2% as Rally Pauses, Outlook Positive
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.
CBDT Drafts New Income Tax Rules: PAN Limits, Crypto Reporting
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.
Indore Man Dies by Suicide During Bank Property Seizure
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.
RBI Financial Literacy Camps in Shimla Until Feb 13
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.
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SC Orders AI-Based Fraud Detection System for All Banks
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 Businessman Booked for Rs 1.7 Crore Bank Fraud
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 Tops India in Bank Account Re-KYC at 51%
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 KYC Financial Literacy Week 2026 Launched
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.
BDCC Bank Warns of Legal Action Against False Claims
Belagavi District Central Cooperative Bank threatens legal notices against individuals spreading misinformation, defends loans to contractors and sugar factories, and announces employee insurance scheme.
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RBI Raises MSME Collateral-Free Loan Limit to Rs 20 Lakh
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.
MFs Halve Ownership Gap with FIIs in NSE Firms to 5.5%
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 Jumps 6%, Gold Rises on Firm Global Trends
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.
PSBs Post Record Rs 52,603 Crore Profit in Q3 FY26
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.
Fractal Analytics IPO Subscribed Just 0.09 Times on Opening Day
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.
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Crypto Sentiment at 42-Month Low, Bitcoin Hits $60K, Traders Turn to AI
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.
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