Account holders of Urban Co-operative Bank Ltd in Dehradun protest after RBI imposes six-month withdrawal ban, leaving Rs 124 crore deposits stuck. Depositors demand swift action and accountability.
Retired IAS officer Debasish Panda emphasized that India's goal of becoming a developed nation by 2047 requires collective effort from all sectors, not just government action, during Karnataka Bank's Founders' Day lecture.
The Institute of Chartered Accountants of India (ICAI) will introduce comprehensive Indian Standards on Auditing (ISAS) from late February 2026. These new standards will be voluntary for the initial six months before becoming mandatory for all member CAs,
EY India has introduced AI-enabled enterprise tax solutions, leveraging artificial intelligence to streamline tax processes, enhance compliance, and improve accuracy for businesses across sectors.
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The Institute of Chartered Accountants of India (ICAI) is set to implement new information systems audit standards and collaborate with SEBI, RBI, and other regulators to expand their application across sectors.
The Securities and Exchange Board of India (SEBI) has formed a working group to comprehensively review the regulatory framework for ESG rating providers, aiming to enhance transparency and reliability in sustainable investing.
Sebi establishes a working group to review ESG Rating Provider regulations, aiming to enhance transparency and align with global practices based on stakeholder feedback.
The Indian rupee appreciated by 5 paise to settle at 90.67 against the US dollar, driven by positive domestic equity trends and foreign fund inflows.
Banks and financial institutions are offering mortgage loans with simplified documentation processes, making it easier for borrowers to secure financing for property purchases.
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Emerald Finance Limited has enhanced its earned wage access platform by securing multiple employer partnerships, aiming to improve financial flexibility for employees across India.
The Indian rupee appreciated by 5 paise to trade at 90.67 against the US dollar in early trade on February 18, 2026, after opening at 90.60 at the interbank foreign exchange market.
Planning a bank visit? Check the latest holiday list for February 2024, including state-specific closures like Losar in Sikkim and Chhatrapati Shivaji Maharaj Jayanti in Maharashtra. Learn how digital services remain available.
Bank of Baroda closes online registration for IT Recruitment 2026 tomorrow, February 19, 2026. Apply for 418 posts in software, cybersecurity, and more. Check eligibility, fees, and how to apply.
A tragic incident in Bengaluru resulted in the death of an HDFC Bank employee after being struck by a speeding motorcycle. Police have filed an FIR as investigations continue.
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The Reserve Bank of India has unveiled a draft framework to liberalize currency markets, extending trading hours, broadening hedging tools, and integrating with global liquidity pools to manage forex risk more effectively.
Baghat Bank in Himachal Pradesh is evaluating strategic options including a merger with a larger bank or a share sale to strengthen its financial position and expand operations.
The Income Tax Department's ICI wing surveyed a Nagpur multispeciality hospital, uncovering Rs 2.5 crore in cash receipts from 100 transactions, violating the Rs 2 lakh cash limit rule. This follows a similar survey last week, with total findings exceedin
Exploring the potential and risks of stablecoins for India's economy, with insights from European regulatory frameworks like MICA for e-money and asset-referenced tokens.
A Jamnagar-based doctor alleges breach of trust and misappropriation of over Rs 41 lakh by directors of a brokerage firm, with shares never credited to his demat account.
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Dharwad District Consumer Commission rules in favor of policyholder, orders HDFC ERGO to reimburse full medical expenses with interest and pay Rs 60,000 in compensation for deficiency in service.
Punjab & Sind Bank has inaugurated a new zonal office in Patna to oversee 43 branches across Bihar and Jharkhand, led by Executive Director Rajeeva and senior officials.
The Reserve Bank of India has issued draft directions to grant authorised dealers greater operational freedom in foreign exchange transactions, including hedging, market-making, and overseas trading with safeguards.
Infosys shares surged 5% to Rs 1,430.95 after announcing a collaboration with Anthropic to integrate Claude AI models into its Topaz platform, easing investor fears about AI disruption in IT services.
Gold and silver prices experienced a significant decline of up to 2% due to muted demand and negative global market signals, with international rates dropping notably.
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The Reserve Bank of India has acquired government securities worth 47% of total bond issuances in FY26 through OMO purchases, injecting durable liquidity to cushion the banking system amid heavy government borrowing.
Mastercard demonstrates India's first fully authenticated agentic commerce transaction, enabling AI agents to shop and pay securely on behalf of users without manual intervention.
Gold futures on MCX fell by Rs 2,228 to Rs 1,52,532 per 10 grams, a 1.44% decline, driven by a robust US dollar and high trading volume of 7,553 lots.
Axis Max Life Insurance has reported a robust 20% year-on-year growth in individual adjusted first-year premium for the first nine months of FY26, with Value of New Business increasing by 30% YOY.
Indian IT stocks have plunged 15% amid AI fears, losing $56 billion in market cap. Analysts debate whether the selloff is overdone, with some seeing a buying opportunity as firms adapt to new tech demands.
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IDFC First Bank introduces the Hello Cashback Credit Card, a secured RuPay card linked to a fixed deposit, providing up to 5% cashback on online spends and 1% on UPI and essentials, targeting first-time users with no income proof required.
