Banking fraud cases up, value down: RBI

Banking fraud cases up, value down: RBI

Banking fraud incidents have increased but the amount involved have more than halved in FY2021-22, t..

Payment system operators to report fraud on RBI’s DAKSH from 1 Jan

Payment system operators to report fraud on RBI’s DAKSH from 1 Jan

Reserve Bank of India on Monday said the fraud reporting module will be migrated to DAKSH from 1 Jan..

Top 50 wilful defaulters owe banks Rs 92,570 cr

Top 50 wilful defaulters owe banks Rs 92,570 cr

The top 50 wilful defaulters in India owed banks Rs 92,570 crore as of March 2022, with Gitanjali Ge..

RBI to launch pilot of retail digital rupee on December 1

RBI to launch pilot of retail digital rupee on December 1

The Reserve Bank of India (RBI) will launch the first pilot for retail digital rupee on 1 December 2..

Canara Bank launches electronic bank guarantee

Canara Bank launches electronic bank guarantee

Canara Bank launched an Electronic Bank Guarantee (e-BG) in partnership with National E-Governance S..

IDFC First Bank launches India’s first sticker-based debit card

IDFC First Bank launches India’s first sticker-based debit card

IDFC First Bank, in collaboration with the National Payments Corporation of India (NPCI), has launch..

Gautam Adani weighs $5 bn fundraise as banks urge deleveraging: Report

Gautam Adani weighs $5 bn fundraise as banks urge deleveraging: Report

Indian billionaire Gautam Adani is courting sovereign wealth funds in a push to raise roughly $5 bil..

RBI to launch digital rupee pilot on 1 Nov

RBI to launch digital rupee pilot on 1 Nov

The Reserve Bank of India (RBI) will commence the pilot programme of the digital rupee for the whole..

RBI to soon launch digital rupee on pilot basis

RBI to soon launch digital rupee on pilot basis

The Reserve Bank of India on Friday said it will soon kickstart the pilot launch of e-rupee for spec..

PNB launches banking services through WhatsApp

PNB launches banking services through WhatsApp

Punjab National Bank (PNB) has made banking services available through WhatsApp to both its customer..

Axis Bank, Samsung launch co-branded credit card

Axis Bank, Samsung launch co-branded credit card

Samsung and Axis Bank have partnered to launch a co-branded credit card, powered by Visa. The card w..

Ujjivan SFB launches QIP

Ujjivan SFB launches QIP

Ujjivan Small Finance Bank (SFB) has launched its QIP (Qualified Institutional Placement) with a flo..

Inflation rises to 7% in August

Inflation rises to 7% in August

India’s retail inflation has started to climb again, after declining for three months. The cons..

SBI Card launches cashback-focused credit card

SBI Card launches cashback-focused credit card

SBI Card has launched what it calls the country’s first cashback-focused credit card. Cardholders ca..

SBI launches branch for startups in Bengaluru

SBI launches branch for startups in Bengaluru

State Bank of India (SBI) has launched a dedicated branch for startups in Bengaluru, its first in th..