HSBC has appointed David Rice as its inaugural chief AI officer, aiming to boost performance and cut costs through generative AI. The move aligns with CEO Georges Elhedery's strategy to enhance returns by 2026-2028.
HDFC Bank has appointed external legal counsel to investigate the abrupt resignation of its former chairman, which triggered a stock plunge and governance concerns. The bank previously cited a possible rift with management as the cause.
Ponthamarapilla, president of Adoor Service Cooperative Bank and CPM member, resigned under pressure after revealing financial irregularities exceeding Rs 75 lakh during previous administration's tenure.
A banker's transfer to a strike-hit rural bank in Jodhpur taught him that emotional steadiness, not force, defuses conflict. His calm demeanor prevented attacks, while anxious colleagues faced aggression.
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Police reveal in court that IDFC First Bank officials paid crores to top Chandigarh Smart City and CREST officials via shell firms in a massive fraud case involving forged FDRs and fund siphoning.
CoinDCX co-founders Sumit Gupta and Neeraj Khandelwal applied for bail after the complainant filed an affidavit saying he recovered his Rs 71.6 lakh. The Thane court reserved its order for Tuesday.
Sebi Chairman Tuhin Kanta Pandey warns independent directors against making insinuations without evidence following HDFC Bank's non-executive chairman resignation.
India's markets regulator Sebi has approved major changes requiring top officials to publicly disclose assets and liabilities, while also easing rules for foreign portfolio investors.
Baghat Urban Cooperative Bank faces severe financial distress with high NPAs and negative capital adequacy. Depositors consider legal recourse as regulatory curbs tighten and recovery efforts falter.
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The Reserve Bank of India turned a net buyer of dollars in January, purchasing $2.5 billion, a sharp reversal from heavy selling in December. Gross purchases rose while sales declined, indicating a significant shift in intervention stance.
SEBI Chairperson Madhabi Puri Buch emphasizes the critical role of independent directors in corporate governance, referencing the recent resignation of HDFC Bank's head. She calls for greater accountability and vigilance to uphold market integrity.
Gold prices fell over 5% on Monday, reaching a four-month low after recording its steepest weekly loss in over 40 years, as macroeconomic factors overshadowed safe-haven demand.
Fugitive jeweller Nirav Modi appeared in London court to contest a Rs 100 crore claim by Bank of India over a 2012 loan. His lawyer argues the case is time-barred and flawed.
A district-level review meeting in Madhubani expressed dissatisfaction with the 48.22% Annual Credit Plan achievement, directing banks to switch to camp mode and expedite loan disbursement across key sectors by March 2026.
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Reliance Jio, Airtel, and Vodafone Idea have jointly opposed MMRCL's new in-building solution tender, citing exorbitant pricing. They propose acquiring existing ACES infrastructure to expedite mobile connectivity rollout across Mumbai Metro stations.
The Reserve Bank of India has released the calendar for bi-monthly Monetary Policy Committee meetings in FY 2026-27, with six sessions planned starting April 6-8. The inflation target framework review is also due by March 2026.
Gold prices in Delhi have tumbled by Rs 9,050 per kg, while silver has declined by Rs 10,500 per kg due to weak demand. In international markets, spot gold fell 5.06% to USD 4,263.73 per ounce, and silver dropped 6.3% to USD 63.53 per ounce.
Learn how to secure a second-hand bike loan with ease. This guide covers eligibility, documentation, interest rates, and smart tips for a smooth application process.
The Reserve Bank of India injected Rs 79,256 crore into the banking system through an overnight variable rate repo auction, falling short of the Rs 1 lakh crore notified amount due to advance tax payments reducing surplus liquidity.
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A leading health sector stock witnessed a significant surge in trading following the announcement of a strategic acquisition, with market analysts highlighting potential growth opportunities.
The government may contact EPFO subscribers to refund unclaimed money from inoperative accounts, with thousands holding significant sums. Check eligibility details here.
Gold prices in India have plunged over Rs 22,000 per 10 grams in five days, hitting Rs 1.36 lakh amid Iran-Israel-US war tensions and inflation fears. Analysts warn of further declines as global selloffs and currency pressures weigh on the market.
HDFC Bank's stock price dropped 3% on Monday, extending losses to four sessions amid board turmoil after Atanu Chakraborty's resignation over ethical concerns.
Kotak Mahindra Bank has agreed to purchase Deutsche Bank's retail operations in India for ₹4,500 crore, expanding its customer base and market presence significantly.
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HDFC Bank's share price continues its downward spiral, hitting a fresh 52-week low for the fourth consecutive trading session, raising concerns among investors.
AU Small Finance Bank strengthens its digital-first approach by refining its savings account portfolio for seamless, intuitive, and secure banking across customer segments.
The Indian rupee plunged 41 paise to a historic low of 93.94 against the US dollar in early Monday trade, driven by soaring crude oil prices and sustained foreign fund outflows.
Gold and silver prices witnessed a notable decline across major Indian cities including Mumbai, Delhi, and Chennai on March 23, 2026. The drop follows a downward trend in COMEX prices, impacting 24k and 22k gold rates in local markets.
Gold prices have dropped sharply to USD 4,354 per ounce, marking the worst weekly decline in four decades. Experts suggest this correction offers a strategic entry point for long-term investors amid market volatility.
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The EPFO is developing an auto-settlement facility to clear unclaimed money from Aadhaar-verified inoperative accounts, targeting Rs 5,200 crore across 8.1 lakh accounts, with priority for post-2017 members.
