Manappuram Finance uncovers a Rs 7.47 crore embezzlement scheme in its Noida branch. 14 employees, including the manager, face charges for sanctioning 57 fraudulent loans using forged documents. Read the full investigation details.
A CBI court in Ghaziabad sentenced Ravi Kumar Garg to jail in a bank fraud case. He pleaded guilty, repaid part of the loan, and avoided further imprisonment. Details inside.
The Reserve Bank of India announces a massive Rs 2.9 lakh crore liquidity infusion via bond purchases and a dollar-rupee swap to counter a recent cash squeeze and rising yields. Details inside.
A Visakhapatnam court convicts nine, including ex-SBI officials, in two fraud cases causing over Rs 2.3 crore loss to the bank. Read the full details of the judgment and sentences.
RBI unveils major liquidity infusion: Rs 2 lakh crore OMO purchases and a $10 billion forex swap to ease banking system conditions. Details and schedule inside.
RBI unveils massive liquidity injection plan: ₹2 trillion in government bond purchases and a $10 billion forex swap. Details on auction dates and impact on banking system here.
JPMorgan Chase, led by Jamie Dimon, dominates US banking with a $730bn market cap. We explore its scale, efficiency, and the looming succession challenge. Will it hit a trillion-dollar valuation?
Saudi Central Bank (SAMA) introduces a sweeping new fees guide, slashing charges for financing, cards, and digital transfers to make banking fairer and more affordable. Discover the key changes.
Indian consumers are ditching complex credit cards for clean credit. Discover what clean credit is, why it matters, and how fintechs like Kiwi are leading this transparent financial revolution.
Alert Punjab National Bank officials in Lucknow rescued a 75-year-old woman from a digital arrest scam, preventing a ₹1.13 crore loss. Learn how vigilance and timely police action foiled the cyber fraudsters.
India's PSU banks stage a massive comeback in 2025. Discover the data behind the rally, top stocks to watch, and why valuations remain attractive. Learn how to analyze them.
Public sector banks are reclaiming market share from private lenders in personal, home, and auto loans, driven by aggressive strategies and improved asset quality. Discover the key drivers behind this shift.
State Bank of India closes SBI Specialist Officer 2025 online registration today. Apply now for 996 vacancies before the deadline. Check eligibility, fee, and steps here.
Noida's consumer court directs Cigna TTK Health Insurance to pay a ₹35,000 claim with interest for wrongly labeling it as fraud. The insurer failed to verify documents properly. #ConsumerRights #HealthInsurance
Banks in Nagaland are closed today, December 23, 2025, for a state holiday. Check the city-wise list and see which digital banking services remain available for customers.
Bank employees across India demand a 5-day work week, planning sit-ins and a nationwide strike in January 2025 if the government fails to act. Read the full story.
Japan's Mitsubishi UFJ Financial Group (MUFG) invests Rs 3,961.8 crore for a 20% stake in Shriram Finance. Deal to strengthen capital base and expand financial services in India.
RBI intervenes heavily in forex markets, selling a net $11.9 billion in October 2025 to stabilise the rupee. Data reveals a strategic mix of spot and forward sales to manage volatility. Read the full analysis.
Japan's Mitsubishi UFJ Financial Group makes a massive Rs 39,618 crore investment for a 20% stake in Shriram Finance, marking a major FDI in India's NBFC sector. Read details.
Bank of India announces a free life insurance cover of up to Rs 2 crore for Jharkhand state government employees with salary accounts. The MoU, signed Tuesday, prioritizes welfare and financial security.
Dharwad Zilla Panchayat CEO Bhuvanesh Patil directs banks to ensure timely credit for agriculture, SHGs, and youth. Review of loan disbursement and CSR plans discussed.
RBI releases 2026 holiday calendar. Banks across India to remain shut for 10 days in January. Check city-wise list for New Year, Republic Day, Pongal & more.
Japan's MUFG Bank buys 20% stake in Shriram Finance for ₹39,618 crore, marking the largest FDI in India's financial sector. Executives call it a huge endorsement of India's economic progress and financial discipline.
Shriram Finance clarifies it will not seek a banking license despite MUFG's $4.4 billion investment for a 20% stake. Management prefers to grow as an NBFC, retaining control.
Capital One is seeking alternatives to Amazon Web Services due to soaring AI infrastructure costs, an internal Nvidia document shows. The move signals a major shift in cloud strategy for enterprises. Read more.
State Bank of India will close the SBI Specialist Officer recruitment 2025 application window on December 23. Apply now for 996 vacancies across various departments.
RBI invites applications for 93 lateral expert posts in Grades C, D, and E. Apply online at opportunities.rbi.org.in before January 6, 2026. Check key dates and steps here.
Japan's MUFG Bank acquires a 20% stake in Shriram Finance for $4.4 billion, marking one of the largest cross-border deals this year. Shriram Group retains board and management control. Explore the details and implications for India's NBFC sector.
Oman introduces its first polymer one-rial banknote, featuring enhanced durability and security. It highlights cultural and economic landmarks, entering circulation on January 11, 2026.
Kotak Mahindra Bank CEO Ashok Vaswani details his two-year transformation plan, aiming for a 'younger, leaner, hungrier' bank. He discusses 2026 strategy, FPI exits, and future banking skills. Watch the full interview.