The Indian government has canceled the disinvestment of IDBI Bank after receiving bids lower than the reserve price. This decision impacts privatization plans and the fiscal disinvestment target.
National Consumer Commission orders Axis Bank to compensate a Delhi company with Rs 3.2 crore plus 6% interest after refusing cash deposit during demonetisation, calling the bank's action unilateral and unlawful.
CBI questioned Jai Anmol Ambani for six hours in a Rs 228 crore bank fraud case involving Reliance Home Finance. The probe follows raids and targets multiple banks in a Rs 5,572 crore debt consortium.
The Enforcement Directorate has frozen over 90 bank accounts after searches linked to the Rs 597 crore IDFC First Bank scam involving Haryana government departments. The probe targets shell entities and former bank employees.
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Experts question IRDAI's effectiveness as India's life insurance regulator, citing lack of transparency and clarity that undermines consumer trust and industry stability.
State Bank of India's Patna circle organized a major credit camp in Motihari, disbursing Rs 350 crore to Jeevika self-help groups. Over 1,700 women participated, with financial services and product displays featured.
The CBI interrogated Jai Anmol Ambani for over six hours in a Rs 228 crore fraud case involving Reliance Home Finance. He has been summoned again for further questioning.
The Indian government's plan to sell a majority stake in IDBI Bank is likely to be scrapped after bids from Fairfax Financial and Emirates NBD fell short of the reserve price, sources reveal.
The Central Bureau of Investigation has questioned Anil Ambani's son in connection with a Rs 228 crore bank fraud case involving Union Bank of India, based on allegations of non-repayment of credit.
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The Reserve Bank of India opens a two-day edit window for Assistant recruitment 2026 applications starting March 14. Candidates can modify specific details with a ₹200 fee before exams in April and June.
Fintech firm Progcap reports a 105% surge in credit limits for women entrepreneurs under its ProgShakti initiative, with Jaipur leading growth in Tier 2 and 3 MSME markets.
A Lok Sabha committee has raised alarms over financial sustainability of digital payments, structural lending gaps, cybersecurity weaknesses in banks, and declining insurance penetration in its latest report on financial services.
Gold futures in India dropped sharply by Rs 992 to Rs 1.59 lakh per 10 grams, driven by weak global trends and a strengthening US dollar. This decline reflects broader market pressures on precious metals.
Gold prices declined by Rs 992 to Rs 1.59 lakh per 10 grams in futures trade, driven by a weaker international trend and a firmer US dollar. Analysts cite geopolitical risks and macroeconomic factors influencing the market.
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Gold and silver prices witnessed a notable drop on March 13, 2026, with declines in major Indian cities like Delhi, Mumbai, and Chennai. Check the latest 24-carat and 22-carat gold rates, along with silver prices and global market trends.
The Assam Co-operative Apex Bank Ltd. has announced a recruitment drive for 150 Assistant posts. Applications open from March 20 to April 19, 2026, for graduates with 45% marks and basic computer skills.
The Indian rupee weakened significantly, opening at 92.33 and dropping to a new intra-day low of 92.44 against the US dollar, marking a decline of 19 paise from its previous close.
Gold April futures on MCX trade near ₹1,59,860 with persistent selling pressure. Technical analysis shows bearish momentum, with experts recommending a sell on rise strategy near ₹1,60,300.
HDFC Ergo General Insurance appoints Parthanil Ghosh as Managing Director and CEO, effective April 16, pending regulatory approvals. He succeeds Anuj Tyagi in this leadership role.
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Bank of Baroda has issued admit cards for the Peon Mains Examination 2026. Qualified candidates can download hall tickets from the official website for the online exam on March 22, 2026.
Vinay Tonse has been appointed as the new Managing Director and CEO of Yes Bank, succeeding Prashant Kumar. The Reserve Bank of India approved his term for three years, effective July 15, 2024.
A technical tweak in bank reporting to RBI could artificially swell India's credit numbers by over Rs 2 lakh crore, lifting measured loan growth by more than a percentage point this fiscal year.
Global banking giant HSBC has publicly reaffirmed its confidence in the long-term economic strength of Gulf Cooperation Council economies, signaling that international financial institutions are not retreating from the region despite escalating geopolitic
Former SBI MD Vinay Tonse will succeed Prashant Kumar as Yes Bank CEO on April 6, following Sumitomo Mitsui Banking Corporation's 20% stake purchase, making it the largest shareholder in the private lender.
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Indian Bank has approved a compensation of Rs 1.32 crore for a Rajkot-based couple after their gold ornaments worth Rs 1.15 crore went missing from the bank's custody. The settlement follows a high court petition and includes interest reversal and credit
Shriram General Insurance introduces Shri Health Suraksha 2.0, a health insurance plan removing room rent caps and co-payments, with unlimited sum insured restoration and up to 250% cumulative bonus.
Bank of Baroda has issued the admit card for the Office Assistant (Peon) Mains examination 2026. Qualified candidates can download call letters from the official website for the exam scheduled on March 22, 2026.
Gold prices declined in major Indian cities on Thursday due to mild profit-booking after recent gains. Traders remained cautious, tracking domestic futures and global events like the Israel-Iran conflict.
Global banking giant Citibank has temporarily closed most of its branches and financial centers across the United Arab Emirates from March 12-14 as a precautionary measure amid escalating geopolitical tensions in the Middle East. Only the Mall of the Emir
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Citibank has temporarily closed most of its branches in the UAE until March 14, 2026, as banks across the region evacuate offices due to escalating tensions between the US, Israel, and Iran.
