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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......

Masked men rob K'taka SBI branch; flee with cash, gold worth Rs 21 cr

Three masked men armed with country-made pistols and knives allegedly robbed a nationalised bank in this district, making off with over Rs 21 crore in cash and gold ornaments, after tying up the......

ED registers fresh case against Anil Ambani, RCom in Rs 2,929 cr loan fraud

The Enforcement Directorate has widened its ongoing money-laundering probe against the group companies of Reliance Group chairman Anil Ambani, with the registration of a fresh case against Reliance......

Normal life remains unaffected during strike, violence in Bengal

Normal life was not impacted in most parts of the country due to a nationwide strike called by several trade unions to protest against labour policies of the central government, though some......

SBI open to collaborate with foreign banks on acquisition finance: Chairman

The country's largest lender SBI is open to collaborating with foreign banks once the Reserve Bank makes it possible for local banks to do acquisition finance, its chairman CS Setty said on......

Loan growth, profitability seen improving for public sector banks

The Indian banking sector could be due for a rise in profitability after several quarters of net interest margin (NIM) compression. Photograph: Ajay Verma/Reuters The Q2FY26 results suggest NIMs......

Outage hits SBI Bank customers; issue now resolved

SBI customers faced difficulties in accessing UPI and mobile banking services for more than four hours on Tuesday due to some "technical issues". Photograph: Rupak De Chowdhuri/Reuters 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......

SBI sells 13.18% Yes Bank pie for Rs 8,889 cr

The country's largest lender State Bank of India on Wednesday announced the completion of the divestment of about 13.18 per cent stake in Yes Bank to Sumitomo Mitsui Banking Corporation of Japan......

Team India Sponsorship: BCCI bars gaming, crypto firms

IMAGE: India Test captain and T20I vice-captain Shubman Gill. Photograph: BCCI The Board of Control for Cricket in India on Tuesday invited bids for the Indian cricket team's title sponsorship......

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