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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......

'We're 2 biggest fugitives': Lalit Modi, Mallya mock India

IPL founder Lalit Modi has posted a social media video from a party for Vijay Mallya's 70th birthday in London, referring to the pair as the "two biggest fugitives" of India. IMAGE: The video......

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......

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......

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......

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......

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......

Loan growth, margins set to improve for banks in Q3

The banking sector could see better loan growth in the third quarter of financial year 2026 (Q3FY26) with improved net interest margins (NIMs), though the full impact of latest rate cuts will be......

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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The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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