Canara Bank Fined ₹60,000 for Service Deficiency in Vizag
The District Consumer Commission in Visakhapatnam has directed Canara Bank to compensate a customer ₹50,000 plus legal costs for unfair practices and mental agony related to a housing loan.
Category : Banking
SC Seeks Policy on Disclosing Deceased's Bank Details to Heirs
The Supreme Court has asked the Centre and RBI to explain why bank account details of deceased persons cannot be shared with legal heirs, urging a policy framework to address unclaimed deposits.
KCC Bank Marks 106th Year with Lower EV Loan Rates
Kangra Central Cooperative Bank reduces EV loan interest to 7.5% on its 106th foundation day, aiming to boost sustainable transport in Himachal Pradesh.
India Targets Universal Health Insurance by 2033: FM
Finance Minister Nirmala Sitharaman announces health insurance as a government priority, aiming for universal coverage by 2033. Current coverage stands at 58 crore lives with Rs 1.17 lakh crore in premiums.
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SEBI Proposes New Nomination Norms for Demat, Mutual Fund Accounts
SEBI has released a consultation paper to modify nomination norms for demat accounts and mutual fund folios, aiming to simplify investor onboarding and align with banking standards. Public comments are invited until April 7, 2026.
RBI Wins Award for .bank.in Domain from Central Banking
The Reserve Bank of India has been honored with the 'Initiative of the Year Award' by London-based Central Banking for launching the .bank.in domain, enhancing cybersecurity and financial stability in India's banking sector.
Zerodha CEO Slams Banking Apps for Excessive Data Access
Zerodha co-founder Nithin Kamath reveals he avoids mobile banking apps due to invasive permissions, contrasting with his company's zero-permission approach on Kite app.
Speciality Medicines IPO Opens March 20, 2026
Speciality Medicines Limited's IPO opens on March 20, 2026, aiming to raise ₹29.14 crore. The BSE SME-listed issue will fund R&D, global expansion, and marketing.
Gold Futures Jump to Rs 1.56 Lakh/10g on West Asia Tensions
Gold futures in India rebounded sharply, rising to Rs 1.56 lakh per 10 grams, ending a three-day losing streak as geopolitical tensions in West Asia fueled safe-haven demand.
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Silver Futures Jump Rs 2,168 to Rs 2.58 Lakh per kg
Silver futures in India soared by Rs 2,168 to Rs 2.58 lakh per kg, while global silver prices on Comex rose 0.68% to USD 81.23 per ounce, ending a four-day decline.
Govt Mandates Biometric Aadhaar for Unverified LPG Customers
The Ministry of Petroleum clarifies that unauthenticated LPG customers must complete biometric Aadhaar e-KYC to continue receiving subsidies and services, ensuring secure and streamlined verification.
SBI Life NBFC Gets Dual Ratings for Rs 1,500 Crore NCDs
An NBFC backed by SBI Life Insurance has received dual credit ratings for its proposed Rs 1,500 crore non-convertible debentures, signaling a robust credit profile and investor confidence.
Indian IT Stocks Drop 6% on Nvidia AI, Fed Worries
Shares of Indian IT companies fell up to 6% after Nvidia's AI announcements sparked disruption fears, with investor caution ahead of the US Fed meeting adding to the sell-off.
Gold Prices Follow Crude Oil and US Dollar, Expert Analysis
Gold prices are heavily influenced by crude oil volatility and a stronger US Dollar, with geopolitical tensions and reduced Fed rate cut expectations adding pressure. Key data and central bank decisions this week will shape short-term movements.
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GSP Crop Science IPO: GMP, Subscription Status, Price Band, Listing Date
GSP Crop Science IPO opens with a price band of Rs 210-220 per share. Check the latest GMP, subscription status, listing date on NSE and BSE, and full details for investors.
Indian Bank Funds Robotic Surgeries at KGMU for Poor Patients
Indian Bank has contributed Rs 50 lakh under CSR to KGMU, supporting free or subsidised robotic surgeries for economically weaker patients, aiding over 100 individuals.
MIDHANI Declares Dividend, Sets Ex-Date and Record Date
Mishra Dhatu Nigam (MIDHANI) has announced a dividend for shareholders, with key dates including ex-date and record date set for the payout. The move follows the company's performance on NSE and BSE.
IDBI Bank Shares Fall 16.5% on Govt Stake Sale Delay
IDBI Bank's shares dropped sharply by 16.5% to Rs 77, erasing over Rs 16,000 crore in market cap, as reports suggest the government may shelve bids for its majority stake due to low offers.
Kerala Govt Warns Banks Over Delayed Fund Attachments Under BUDS Act
The Kerala government has issued a circular directing banks and financial institutions to promptly comply with court-ordered attachment of funds under the BUDS Act, 2019, to expedite refunds for victims of financial fraud schemes.
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Top 10 Wilful Defaulters Owe Rs 40,635 Crore to Banks
India's top 10 wilful defaulters owe Rs 40,635 crore to banks, as RBI promotes compromise settlements to expedite recovery and reduce delays in loan resolution.
Silver Dives Rs 9,000, Gold Falls Rs 2,950 on Global Weakness
Precious metals faced a sharp decline in Indian markets, with silver tumbling Rs 9,000 per kg and gold dropping Rs 2,950 per 10 grams, driven by subdued global cues and a stronger US dollar.
RoboForex Launches Swap-Free Trading for All Clients
RoboForex introduces swap-free trading for all clients, removing overnight fees without hidden costs. This innovation aims to lower entry barriers and enhance trading transparency in the forex industry.
SEBI Warns of Finfluencer Rise Amid Adviser Decline
SEBI Chairman Tuhin Kanta Pandey expresses concern over the drop in registered investment advisers, highlighting risks from unregulated finfluencers and outlining regulatory steps to enhance investor protection and advisory standards.
Govt Urges PNG Users to Surrender LPG Subsidy, Avoid Panic
The government has called on PNG customers to voluntarily surrender their LPG connections to curb misuse of subsidies and prevent panic booking, ensuring efficient distribution.
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WeBank Wins Four Asian Banker Awards for Digital Finance
WeBank secured four major awards at The Asian Banker Global Excellence Awards 2026, including Best Digital Bank in Asia Pacific and Best SME Bank in China, recognizing its leadership in digital inclusive finance and AI innovation.
Silver Futures Drop Rs 4,232/kg on Weak Demand, Strong Dollar
Silver futures prices declined sharply by Rs 4,232 to Rs 2.55 lakh per kilogram due to weak retail demand in domestic markets and a strong US dollar creating macroeconomic pressures globally.
Gold Futures Drop Rs 2,225 to Rs 1.56 Lakh per 10g
Gold futures in India experienced a significant decline, dropping by Rs 2,225 to settle at Rs 1,56,000 per 10 grams. This movement reflects broader market trends and investor sentiment in the precious metals sector.
Kotak Mahindra MF Buys Over 5% in Park Medi World
Kotak Mahindra Mutual Fund has acquired a significant stake exceeding 5% in Park Medi World, a move that highlights strategic investment in the healthcare sector.
Kotak MF Raises Stake in Newly Listed Company
Kotak Mahindra Mutual Fund has increased its stake in a recently listed stock, signaling strong investor confidence. This strategic move highlights the fund's outlook on the company's growth potential.
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Gold Prices Supported by Geopolitics But Gains Limited by Fed
Gold prices declined last week as US-Israel-Iran tensions boosted the dollar and oil, raising inflation fears that may delay Fed rate cuts. While safe-haven demand provides support, hawkish policy expectations cap gains, with domestic gold in a corrective
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