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 ..

CBI books ABG Shipyard, directors in biggest bank fraud case

CBI books ABG Shipyard, directors in biggest bank fraud case

ABG Shipyard Ltd, which is engaged in shipbuilding and ship repair, will go down as the biggest bank..

RBI cancels certificate of authorisation of two PSOs

RBI cancels certificate of authorisation of two PSOs

The Reserve Bank of India (RBI) has cancelled the Certificate of Authorisation (CoA) of two Payment ..

Bank of Maharashtra launches banking services on WhatsApp

Bank of Maharashtra launches banking services on WhatsApp

State-owned Bank of Maharashtra  has launched banking services on messaging platform WhatsApp.T..