Author: admin@thebankingtimes.in
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RBI Schedules Special CTS Clearing on October 3 Ahead of Continuous Settlement
The RBI will hold a special CTS clearing on October 3, 2025, with three sessions to smooth the transition to continuous settlement starting October 4. All instruments will be processed only through these special sessions, with banks instructed to use designated codes and maintain adequate balances.
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Maiank Mehta Granted Pardon in Nirav Modi — PNB case ,Full Story
The CBI has agreed to grant pardon to British citizen Maiank Mehta in the Nirav Modi money-laundering case.Once arraigned as an accused, Mehta has now pledged to make a full and true disclosure of his knowledge about Nirav Modi’s role and the wider conspiracy. The decision marks a turnaround for the agency, which had earlier…
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Bank of Baroda Office Goes Viral After Rainwater Leakage Soaks Computers and Files
A viral video from Bank of Baroda’s Jamli Gali branch in Borivali shows rainwater leaking from the ceiling, soaking computers and files. Social media users question infrastructure standards.
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BOB Burdwan Region Staff Accuse RM & DRM of Abusive Behaviour
Bank of Baroda employees in Burdwan region have accused senior officials of harassment and abuse, alleging repeated use of derogatory remarks, excessive reporting pressure, and threats of punitive transfers. A formal complaint has been submitted to the bank’s MD & CEO, seeking an independent inquiry into what staff describe as a “toxic and unsafe” workplace.
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Public Sector Banks Grow Faster Than Private Banks in FY25 with 12.2% Loan Growth
Public Sector Banks (PSBs) posted double-digit loan growth of 12.2% in FY25, their first since 2010, surpassing private banks’ 9.5%, according to a Systematix report. While deposits continue to lag advances, PSBs remain stronger in liquidity and household deposits, with 67.6% of their deposit base compared to 52.1% for private banks.
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Hysterectomy Horror: Lucknow Doctors Booked After Botched Uterus Surgery Sparks Outrage
Lucknow — A routine medical procedure in a private hospital has escalated into a criminal investigation after allegations of grave surgical negligence surfaced against doctors at Shalini Hospital, situated on Sitapur Road. Police have filed a First Information Report (FIR) against the hospital management and two doctors following a court order, after a patient’s family…
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“Fair Exams, Zero Tolerance”: SSC Warns of Strict Action – Digital Footprints to Uncover Hackers in SSC CGL 2025
NEW DELHI — The Staff Selection Commission (SSC), one of India’s largest recruitment bodies, has issued a public warning after detecting multiple attempts of remote hacking during the ongoing Combined Graduate Level Examination (CGL) 2025. The announcement underscores the growing technological challenges in safeguarding one of the country’s most competitive recruitment processes, which attracts millions…
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Surprise Gift Scam: Elderly Kerala Woman Loses Lakhs to Cyber Fraudster
A 59-year-old woman from Vazhakkala, Kochi, Kerala, became the latest victim of a sophisticated cyber fraud after being contacted on social media by a man claiming to be from the UK. The accused, Morgan Kelvin Alen of Kakkanad, established an online friendship and convinced the woman that he had sent her a “surprise gift.” He…
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Shamli Consumer Court Fines Insurance Company for Denying Claim
In a significant ruling, the Shamli District Consumer Disputes Redressal Forum imposed a fine of ₹82,145 on Star Health & Allied Insurance Company for failing to honor an insurance claim, despite the premium being paid in full. The decision underscores the importance of protecting consumer rights and penalizing negligent practices by insurance providers. FutureCrime Summit…
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AI-Generated Fake CAPTCHAs Signal a New Era of Phishing Threats
A recent cybersecurity report has revealed how cybercriminals are weaponizing artificial intelligence to create convincing fake CAPTCHA pages, tricking unsuspecting users into sharing sensitive data. Experts warn the trend represents a dangerous escalation in phishing attacks, requiring urgent and coordinated responses from both regulators and technology companies. A New Tactic in Digital Deception For years,…