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Men posing as RBI officials stop cash van, flee with Rs 7 cr

In perhaps the first such incident in Bengaluru, unidentified men allegedly posing as Reserve Bank of India officials intercepted a ATM cash van and fled with about Rs 7 crore on Wednesday, police......

FinMin Pushes RBI for Faster Fraud Shield

By enabling real-time data sharing, the platform will help prevent scams and ensure secure transactions. Illustration: Dominic Xavier/Rediff   The finance ministry has raised concerns with the......

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......

SC asks CBI to probe digital arrest scams nationwide

The Supreme Court on Monday asked the Central Bureau of Investigation to carry out a unified pan-India probe into digital arrest scam cases and asked the RBI as to why it was not using Artificial......

B'luru Rs 7.11cr heist: 3, including police constable, arrested

Three people, including a police constable, have been arrested in connection with the Rs 7.11 crore robbery in Bengaluru following a manhunt involving over 200 personnel, City Police Commissioner......

Will RBI Cut Rates In December MPC Meet?

'Rate cut looks unlikely and there is reason to believe that the cycle is over.' IMAGE: RBI Governor Sanjay Malhotra addresses the SBI Banking Economics Conclave in Mumbai. Photograph: ANI Video......

RBI steers away from aggressive intervention as rupee touches new lows

As the rupee remains under pressure due to several headwinds and the uncertainty around the India-US trade deal, the Reserve Bank of India (RBI) has been stepping in only to calm volatility, not to......

Home, auto loans to get cheaper as RBI cuts interest rate

Shrugging off concerns over the depreciation of rupee, the RBI has cut interest rate by 25 basis points to 5.25 per cent in a bid to further bolster economic growth, which rose to a six-quarter......

RBI imposes Rs 91 lakh penalty on HDFC Bank

A penalty of Rs 91 lakh has been imposed on HDFC Bank for violating certain provisions of the Banking Regulation Act, the Reserve Bank said on Friday. Photograph: Shailesh Andrade/Reuters The......

Stock markets rally as RBI cuts rate; Sensex jumps 447 points

Stock market benchmark indices Sensex and Nifty rallied on Friday after the Reserve Bank of India (RBI) cut key benchmark interest rate for the first time in six months and took steps to boost......

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