Microsoft Global Outage Affects Airlines, Banks and Stock Market
One of the world’s leading IT & Computer companies, Microsoft suffered a global outage causing severe disruptions in IT, banking, stock exchange, and aviation industry.
RBI: All Rs. 2000 Currency Notes Have Not Returned to Banks
As of January 1, 2024, 97.38% of ?2,000 banknotes have returned to the banking system, leaving around ?9,330 crore in public circulation.
Bank Locker and Credit Card Rules To Change from 2023
If you are a credit card user & bank locker user here is an important update for you related to the change in rules starting from this new year.
Vijay Mallya Sentenced To 4 Months Jail and Rs 2000 Fine
Indian Businessman Vijay Maliya who fled India in March 2016 under heavy debts from several public sector banks including the state bank of India, has now been sentenced to 4 months in jail by the sup
DHFL Defrauds UBI and 16 Other Banks For Rs 34,615 crore
DHFL & its promoters Kapil Wadhawan & Dheeraj Wadhawan, are involved in India’s biggest bank fraud of country, with the amount involved being almost triple of that of the Nirav Modi case.
ABG Shipyard Scams Indian Banks Of Over Rs. 22,000 Crore
Former chairman of ABG Shipyard Rishi Agarwal has been questioned by the Central Bureau of Investigation in connection with the ? 22,842 crore bank scam, said to the country's biggest.
Banks Recover Rs 13,100 Crore From Mallya, Modi & Choksi
Nirmala Sitharaman informed that banks have recovered Rs 13,109.17 crore out of Rs 22,000 crore due from Vijay Mallya, Nirav Modi, Mehul Choksi
Increase in Coronavirus Cases Because of Kumbh Mela
Nearly a million people have flocked to the banks of the Ganges to participate in the months-long "Kumbh Mela".
Cheque Books & Passbook to Become Invalid from 1st April
The account holders of 8 banks will have to get a new cheque book and passbook as the previous ones will become invalid from 1 April 2021. Watch our latest video to learn more.
Indian Banks Strike For 2 Days Against Privatisation
Union finance minister Nirmala Sitharaman has assured that not all banks will be privatised and wherever it happens, the interest of the employees will be protected.
China Build’s Village Near Arunachal Pradesh
News reports have surfaced that China has allegedly built a village consisting of 101 homes on the banks of River Tsari Chu in Arunachal Pradesh. The village reportedly encroaches approximately 4.5 ki
10 Indian Banks Merged Into 4
From today, 1 April,10 Government banks (PSU) will be merged into 4 banks in order to strengthen the Indian banking system.
Banks Had ‘Worst Phase’ Under Manmohan & Rajan
Finance Minister Nirmala Sitharaman has accused former PM Manmohan Singh and Ex-RBI governor for the bad phase of banking during their reign.
India Now Receives Swiss Account Details
The Swiss Government has finally decided to share the details of the Indian who have accounts in Swiss Banks.
10 Govt Banks Merge into 4 Banks
Finance Minister Nirmala Sitharaman announced the merger of ten public sector banks into four banks. This decision has been made to salvage loss making banks.
Banks to Shame 9,000 Wilful Defaulters
Government has asked banks to publicly name and show pictures of people who are not paying back loans even if they have the money also known as “wilful defaulters”
RBI Removes NEFT and RTGS Charges
In a move to boost digital transactions, the Reserve Bank of India (RBI) on Thursday removed NEFT and RTGS charges from transactions.
RBI's Repo Rate Lowest Since 2010
The RBI’s monetary policy committee (MPC) voted unanimously voted to bring the Repo Rate down from 6% to 5.75%.
Banks Expedite Sale Process of Jet Airways
Amid uncertainty over future of Jet Airways, bids for selling stake in the company would be invited on 6th April and other options would be explored, in case the stake sale efforts does not result in
