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..

Unclaimed deposits rising, RBI launches awareness campaign

Unclaimed deposits rising, RBI launches awareness campaign

With the amount of unclaimed deposits swelling, the Reserve Bank of India (RBI) has launched a natio..

Canara Bank launches mobile banking ‘super’ app

Canara Bank launches mobile banking ‘super’ app

Bengaluru-headquartered Canara Bank has launched a mobile banking  app called ‘Canara ai1 – The..

SBI launches WhatsApp banking service

SBI launches WhatsApp banking service

In a move to make banking easier for its customers, State Bank of India (SBI) on Wednesday launched ..

Bank frauds fall in FY22

Bank frauds fall in FY22

Banking frauds involving sums of over Rs 100 crore have seen a significant fall, with reported cases..

DICGC to pay depositors of two stressed co-operative banks in Aug

DICGC to pay depositors of two stressed co-operative banks in Aug

The depositors of two Maharashtra-based co-operative banks will get paid their insurance cover of up..

Canara Bank launches special FD scheme

Canara Bank launches special FD scheme

Canara Bank, India’s third-largest public sector bank, has introduced a special fixed deposit scheme..

No OTP required for auto-debit transactions of up to Rs 15,000

No OTP required for auto-debit transactions of up to Rs 15,000

For auto-transactions up to Rs 15,000, customers will not have to authenticate such payments through..

Bank frauds rise but value more than halves in FY22: RBI

Bank frauds rise but value more than halves in FY22: RBI

Fraud cases reported by banks and financial institutions increased but in value terms this more than..

The heartwarming story of a small loan defaulter

The heartwarming story of a small loan defaulter

Banks are often ruthless when it comes to loan defaulters.  However, here is a heart-warming st..

IDBI Bank sale: Govt holds roadshows to gauge investor interest

IDBI Bank sale: Govt holds roadshows to gauge investor interest

The government is holding roadshows to assess investor interest for the stake sale of IDBI Bank befo..

PNB reports Rs 2,060 cr loan to IL&FS TN co as fraud

PNB reports Rs 2,060 cr loan to IL&FS TN co as fraud

State-run Punjab National Bank (PNB) has reported a fraud of Rs 2,060 crore in the non-performing ac..

India's financial markets caught in Russia-Ukraine crossfire

India's financial markets caught in Russia-Ukraine crossfire

In early March this year, India’s benchmark indices – the Sensex and Nifty slipped to a seven-month ..