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Bank Frauds Creep Back, RBI Sounds Alarm

Fraud reported by banks declined in 2024-2025 to 23,953 as compared to 36,060 in the previous year though the amount involved jumped to Rs 36,014 crore from Rs 12,230 crore. Kindly note that this......

Man behind bank heists posed as humble fruit-seller by day

A 51-year-old fruit seller who doubled as the mastermind of the notorious "Mamu Gang" -- a group of robbers who targeted banks -- has been arrested by the Crime Branch of Delhi police, an officer......

Bank returns 57 lakh to TMC MP that was stolen in fraud

The money that was allegedly siphoned by fraudsters from Trinamool Congress MP Kalyan Banerjee's dormant account with a nationalised bank earlier this week has been credited back to him by the bank......

Kerala Cong MLA booked over corruption in bank appointments

The Kerala Vigilance and Anti-Corruption Bureau has registered a case against Congress MLA I C Balakrishnan over alleged corruption in appointments at a local cooperative bank in Sultan Bathery in......

2 copper coins, one golden stick...: Banke Bihari treasury inspection ends

The 'Toshkhana' (treasury) of the Banke Bihari temple in Mathura, which had been locked since 1971, was opened for the second consecutive day on Sunday to complete the remaining inspection work as......

India Opens Doors To Foreign Banks, But...

But selectively, with regulatory scrutiny and special approval, points out Tamal Bandyopadhyay. Illustration: Dominic Xavier/Rediff In September 2006, the Union government had put the Satara......

'Banks Need To Reinvent Themselves'

'Reinvention is not a hugely difficult task. With technology as available today, you can reinvent yourself pretty quickly.' Illustration: Dominic Xavier/Rediff With technological and financial......

Privatisation of banks unlikely to hurt national interest: FM

Finance Minister Nirmala Sitharaman on Tuesday allayed apprehension that privatisation of state-owned banks would hurt financial inclusion and national interest. Photograph: ANI Photo She said the......

India needs world-class banks; in talks with RBI, lenders: Sitharaman

Finance Minister Nirmala Sitharaman on Thursday said the country needs big and world-class banks, and discussions are on with the Reserve Bank and lenders in this regard. Photograph: ANI Photo......

Mahindra sells entire stake in RBL Bank for Rs 678 cr

Mahindra & Mahindra (M&M) on Thursday said it has sold 3.53 per cent stake in RBL Bank for Rs 678 crore, representing a 62.5 per cent gain on the investment. Photograph: Danish Siddiqui/Reuters On......

'It's A Lot More Than Just Having Money In The Bank'

Photograph: Kind courtesy Kareena Kapoor/Instagram Kareena Kapoor is one of the most bankable actresses in the Indian film industry. Both her professional and personal journeys serve as an......

Thode Door Thode Paas Review: Pleasant Watch

Pankaj Kapur, who visibly enjoys playing the ringmaster to this family circus, is the glue that holds Thode Door Thode Paas together, observes Deepa Gahlot. That teens are addicted to their......