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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......

'SBI's unique code will now speak for itself'

'However, to establish a quid pro quo, one can potentially see several things, like whether they got any benefits from the party that they gave money to. That is something that people (of......

Microsoft blames 3rd party software problem for outage

Amid a massive global outage that hit operations of airlines, banks and businesses across the globe, Microsoft on Friday said that it is aware of the issue affecting Windows devices due to an......

SC ropes in IIT Delhi experts for answer on NEET-UG question

The Supreme Court on Monday asked the Director, IIT-Delhi to set up a team of three experts that would go into a particular question of Physics asked in the National Eligibility-cum-Entrance......

'Electoral Bonds Biggest Scam In India'

'There is no scope for any doubt. This was a scheme designed to enrich the ruling party.' IMAGE: Bharatiya Janata Party leader Narendra D Modi at a roadshow for the Lok Sabha elections in......

Indian Digital Payment Intelligence Corporation To Combat Fraud

It will enable real-time intel sharing among banks and other financial sector participants to strengthen customer protection against digital fraud. Illustration: Dominic Xavier/Rediff   Similar......

'Govt And Banks Want Private Investment To Return In Force'

'Corporates now have multiple funding sources beyond banks, and many are sitting on large cash reserves.' Illustration: Dominic Xavier/Rediff C S Setty, chairman of State Bank of India (SBI), in......

Steady NIM, credit costs may drive SBI's re-rating in near-term: Analysts

The stock of State Bank of India (SBI) may re-rate soon, believe analysts, if the lender manages to safeguard its net interest margin (NIM) going ahead. Photograph: Sudipta Banerjee/ANI Photo......

Structural gains, valuation support positive for PSU bank stocks

Public-sector banks (PSBs) are attracting the attention of investors and the PSU Bank Index has gained nearly 10 per cent in the past month. Illustration: Dominic Xavier/Rediff PSBs have seen......

CBI books Anil Ambani's RCOM for Rs 2,000-cr bank fraud

The Central Bureau of Investigation has filed a case against Reliance Communications and its promoter-director Anil Ambani, for an alleged bank fraud that caused a loss of over Rs 2,000 crore to......

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