Bank Mitra Arrested in Lucknow for Rs 2 Crore FD Fraud
Police arrest a bank mitra in Lucknow for a Rs 2 crore fixed deposit fraud, with embezzled funds allegedly invested in shares. Probe widens to examine bank officials' role.
Category : Banking
Wipro down 8%; Reliance, ICICI Bank drag Nifty lower
Wipro shares fell sharply after weak quarterly results, while Reliance Industries and ICICI Bank also declined, pulling the Nifty50 index down 0.5% on Monday.
Gujarat Account Holders Reclaim Rs 104.65 Crore
Gujarat residents recovered Rs 104.65 crore in unclaimed deposits, insurance returns, and pensions during the 'Your Money, Your Right' campaign from October to December 2025.
Korea Bourse CEO Sees Kospi at 6,000, Vows to Cut 'Zombie' Firms
South Korea's stock market rally may continue as the exchange CEO forecasts the Kospi reaching 6,000 points. He promises to remove underperforming companies and attract global investors.
Silver Prices May Jump 20% on Bullish Global Cues
Silver prices are poised for a significant rise of up to 20% driven by optimistic global market trends and increased demand, impacting investors and traders.
PNB CEO Rules Out Acquisitions, Focuses on Organic Growth
Punjab National Bank's MD & CEO Ashok Chandra clarifies no acquisition plans, highlights record profits, and outlines growth strategy for southern states.
Silver Crosses Rs 3 Lakh Mark, Hits Record High on MCX
Silver prices surged past Rs 3 lakh per kg for the first time on MCX, reaching an all-time high of nearly Rs 3.1 lakh. The rally is driven by global price jumps, a weaker rupee, and safe-haven demand amid tariff uncertainties.
IPO Fund Monitoring Tightens: Rating Agencies to Report to Exchanges
SEBI plans stricter IPO fund tracking by allowing rating agencies to directly update stock exchanges on compliance with end-use norms, enhancing transparency and preventing fund diversion.
RBI Expands Credit for Cooperatives, Tightens Bank Rules
The Reserve Bank of India has revised priority sector lending norms to include loans to the National Cooperative Development Corporation, aiming to boost credit flow to cooperative societies while strengthening compliance requirements for banks.
Bengaluru Woman Files Police Complaint Over Bank Data Leak
A woman in Bengaluru has approached police after bank staff allegedly leaked her account details to her estranged husband. An FIR accuses three employees of illegally accessing and sharing her bank statements.
SEBI Proposes New Rules for Major Market Indices
SEBI floats proposal to regulate 'Significant Indices' used by mutual funds with over ₹20,000 crore AUM. Public comments invited till January 30.
Chennai Forum Orders Rs 11.29 Crore Insurance Payout
A Chennai consumer commission has directed Liberty General Insurance to pay Rs 11.29 crore plus interest for a 2019 factory fire claim, reinforcing commercial insurance coverage under consumer law.
Non-Life Insurance Premiums Rise 14% in December
India's non-life insurance sector recorded 14% premium growth in December 2025, driven by health and motor segments. Private insurers saw a sharp 60% surge, according to CareEdge report.
RBI Governor Urges Urban Co-operative Banks to Strengthen Governance
RBI Governor Sanjay Malhotra emphasized strong governance and risk controls for urban co-operative banks at a Mumbai meeting, highlighting their role in financial inclusion.
Rupee Falls 12 Paise, Closes Near All-Time Low at 90.90/USD
The Indian rupee declined by 12 paise against the US dollar, closing just above its historic low. Forex experts cite escalating geopolitical tensions and US policy shifts as key pressures.
Silver Hits Record Overseas, India Sees ₹10,000 Discount
Global silver prices surge to historic highs, but Indian physical market trades at a ₹10,000 per kg discount due to cooling demand despite futures rally.
Gold, Silver Hit Record Highs on Trump Tariff Fears
Gold and silver prices surged to fresh historic peaks on Monday as renewed global trade tensions, sparked by Trump's Greenland tariff threats, boosted demand for safe-haven assets.
RBI Expands Priority Lending to Cooperatives, Tightens Bank Rules
The Reserve Bank of India has revised priority sector lending norms to include loans to NCDC for cooperative societies, while strengthening compliance and reporting requirements for banks to prevent double counting.
Moody's Sees India Insurance Growth from Govt Reforms
Moody's Ratings reports India's insurance sector will benefit from government recapitalization and merger plans for state-owned insurers, boosting profitability and easing pricing pressures amid strong economic growth.
Global Pay Launches in Oman for Digital Payments
Oman introduces Global Pay, a new digital payment solution transforming financial transactions. This initiative aims to boost cashless payments and modernize the economy.
OnePlus Faces Rs 93 Crore GST Demand Over Warranty
OnePlus faces a significant GST demand of Rs 93 crore from Indian authorities related to its lifetime display warranty program, sparking concerns over tax compliance in the tech sector.
IDBI Bank Q3 Profit Up 1.4% to Rs 1,935.5 Crore
IDBI Bank reports a 1.4% increase in net profit for Q3 FY2026, reaching Rs 1,935.5 crore. However, a sharp 24.1% drop in net interest income causes shares to fall nearly 6%.
Budget 2026: Fiscal Consolidation in Focus, Says Mirae Expert
Basant Bafna of Mirae Asset expects Budget 2026 to balance growth with fiscal discipline. Central borrowings may stay stable, while state borrowings could rise, impacting bond yields.
Sebi Sets ₹20,000 Crore AUM Limit for Index Regulation
SEBI introduces a financial threshold to identify significant market indices for regulatory oversight, aiming to enhance transparency and accountability in index governance.
RBI Proposes BRICS Digital Currency Link at 2026 Summit
The Reserve Bank of India has reportedly urged the government to include a proposal for linking BRICS nations' digital currencies on the agenda for the 2026 summit.
Dalal Street's Gold Rush: Winners Sell Shovels
In India's stock market boom, capital market infrastructure firms like BSE and depositories are outperforming, echoing the California gold rush where shovel sellers thrived.
REC to Announce Q3 Results on Jan 29, Trading Window Closed
REC Limited will hold its board meeting on January 29, 2026, to approve unaudited financial results for Q3 and nine months ended December 31, 2025. The trading window remains closed until January 31.
PNB Q3 Profit Up 13% to Rs 5,100 Crore
Punjab National Bank reports a 13.1% rise in net profit for Q3 FY25, reaching Rs 5,100 crore. Asset quality improves, but net interest income declines.
RBI to Keep Rates Unchanged Amid Rising Inflation: Crisil
The Reserve Bank of India is expected to maintain current interest rates in its February policy review due to increasing inflation, according to Crisil's latest report.
Rupee Dips to 90.92/USD, Second 91-Breaching Fall in a Month
The Indian rupee weakened by 14 paise to close at 90.92 against the US dollar, marking its second breach of the 91 mark this month despite favorable global conditions.
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