Category: Banking

Health Minister Irfan Ansari visited the HDFC Bank branch in Deoghar’s Madhupur after a daring daylight robbery. Police say leads have been found and suspects will be arrested soon. The robbers looted cash and valuables worth about Rs.2 crore, with possible links to gangs in Deoghar, Giridih and Jamtara under investigation.

Delhi — In what is being called the largest “digital arrest” scam in the country, retired banker Naresh Malhotra of South Delhi’s Gulmohar Park was allegedly defrauded of nearly ₹23 crore over a period of six weeks by cyber criminals who used elaborate psychological tactics to manipulate him. The case highlights both the scale of…

In an industry-first initiative, Jio Payments Bank Limited, a subsidiary of Jio Financial Services announced on Monday the launch of ‘Savings Pro’, an innovative feature that enables customers to earn more from idle surplus funds in their Jio Payments Bank account, through automated investments in the ‘Growth’ plans of Overnight Mutual Funds.The company in…

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.

Navratri starts today, September 22, with banks open nationwide except in Rajasthan where Jaipur observes a holiday for Maharaja Hari Singh Ji’s birthday per RBI list.

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.

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…

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,…

Cyber Crime Police in Ghaziabad have identified 31 accounts in Kotak Mahindra Bank that were being used for cyber fraud. These accounts showed transactions of more than ₹25 lakh and were rented out to fraudsters. Investigations suggest involvement of bank employees in facilitating the misuse. FIRs have been filed against the account holders and two…

Kolkata: The current year will go down in Indian history causing cumulative average savings of more than Rs 1.5 lakh crore, Prime Minister Narendra Modi said on Sunday. The income tax relief and GST rejig will combine to turbo charge savings for an average middle class to the tune of more than Rs 1.5 lakh…