CHENNAI: In a major step towards women's empowerment, the Tamil Nadu government is set to launch a one-stop digital platform, Women Information Bank (WIB), to support their employment, entrepreneurship, safety and well-being.

NEW DELHI: The World Bank’s Board of Executive Directors on Friday approved a new programme to improve the life expectancy and quality of life for 11 million elderly and vulnerable people in Kerala with wider access to health coverage.

MUMBAI: Federal Bank on Friday announced that its Board has approved the sale of a 9.99 per cent stake to an affiliate of US-based private equity firm Blackstone.

NEW DELHI: The key provisions relating to nomination under the Banking Laws (Amendment) Act, 2025 will come into effect from November 1 this year, the Finance Ministry announced on Thursday.

MUMBAI: Equity markets opened higher on Thursday, supported by stock-specific action as companies continue to announce their Q2 results.

MUMBAI: Private lender Axis Bank Limited on Wednesday reported a 25 per cent year-on-year (YoY) drop in its net profit to Rs 5,557.5 crore for the quarter ended September 2025 (Q2 FY26).

MUMBAI: RBL Bank on Tuesday dismissed media reports claiming that Emirates NBD Bank PJSC, the second-largest lender in the United Arab Emirates (UAE), is planning to acquire a controlling stake in the Indian private sector bank.

NEW DELHI: The Enforcement Directorate (ED) has received a pat on its back from the Supreme Court over its consistent and successful efforts in restituting properties of innocent homebuyers who were caught up in the 1,267.79 crore fraud case, involving a leading bank, and saw the possession of their dwelling units delayed indefinitely.

MUMBAI: Shares of Anil Ambani-led Reliance Group companies saw a sharp decline on Monday, with stocks falling up to 10.5 per cent during intra-day trade.

NEW DELHI: The Finance Ministry is set to hold a review meeting on Monday with public sector banks (PSBs) to assess the adverse impact due the 50 per cent tariff hike imposed by the US on the micro, small, and medium enterprises (MSME) sector and take stock of their credit requirements, a senior official confirmed.

MUMBAI: Indian equities ended the week on a positive note amid buying in banking, IT, and pharma stocks (in the last two sessions).

NEW DELHI: India is expected to remain the world’s fastest-growing major economy, underpinned by strong consumption growth, improved agricultural output and rural wage growth, according to a World Bank report released on Tuesday.

MUMBAI: The Indian stock markets continued their winning streak for the third straight session on Monday, driven by strong buying in the IT and banking shares.

MUMBAI: The domestic equity indices ended the session higher on Friday, amid buying in PSU banking, consumer durables and private banks' stocks.

NEW DELHI: Private banks, including HDFC Bank and ICICI Bank, have informed that they will start same-day cheque clearance from October 4, following the Reserve Bank of India's (RBI) updated settlement framework for quicker and more secure payments.

DEHRADUN: A Special CBI Court sentenced a rural bank manager in Uttarakhand to two years’ imprisonment for a Rs 1.23 crore fraud committed in 2010, an official said on Tuesday.

SYDNEY: Australia's central bank on Tuesday decided to keep interest rates on hold in a move that was widely anticipated by economists.

NEW DELHI: The Asian Development Bank (ADB) on Tuesday projected India’s growth at 6.5 per cent for 2025 (FY26) and 2026 (FY27), as it trimmed its growth outlook for developing Asia and the Pacific by 0.1 and 0.2 percentage points for this year and next, respectively, amid the emergence of a new global trade environment shaped by tariffs and updated trade agreements.

MUMBAI: The Indian stock market ended the session on a flat note on Monday. The domestic benchmark indices traded range-bound during the session amid a mixed approach by the investors ahead of the upcoming RBI monetary policy outcome.

CHANDIGARH: As part of the revenue generation efforts, Punjab Mandi Board would install 29 more ATMs across 14 districts, bringing banking facilities right to the doorstep of farmers within mandis. Notably, four ATMs have already been functioning in grain markets of Patiala and Jalandhar districts. 

KOCHI: Complaints have now surfaced that several Malayalis, along with others, have allegedly defrauded Al Ahli Bank in Kuwait, prompting 12 cases to be registered in a few police stations in Kerala.

MUMBAI: The Indian equity indices ended the session in negative territory on Wednesday, continuing the losing streak this week amid persistent selling in IT stocks and profit booking in the auto, banking and financial services sectors.

NEW DELHI: The Reserve Bank of India (RBI) has urged banks to intensify efforts to identify and return unclaimed deposits of over Rs 67,000 crore to rightful owners.

AGARTALA: Tripura Chief Minister Manik Saha said on Tuesday that a nationalised bank has assured that the entire Rs 16.38 crore, which was illegally withdrawn from the Agartala Municipal Corporation's (AMC) bank account using cloned cheques, will be returned to the civic body's account.

WAYANAD: A 68-year-old tribal man of a tribal settlement in Wayanad district in Kerala died by suicide after allegedly receiving a court notice for a 20-year-old bank loan default, sparking protests by tribal groups, the police said on Tuesday.

JHARKHAND: In a sensational daylight robbery in Madhupur in Deoghar district of Jharkhand on Monday, armed robbers looted lakhs of rupees in cash along with a large quantity of jewellery from the HDFC Bank branch on Rajbari Road, officials said.

PHILLAUR: Shiromani Akali Dal (SAD) president Sukhbir Singh Badal today said his party would lay concrete bundhs and embankments in flood prone areas once it came to power in 2027 to eradicate the menace of floods once and for all from Punjab.

MUMBAI: Continuing the previous session's gaining momentum, the Indian equities ended the session on a positive note on Wednesday amid buying in heavyweights like SBI, BEL and Maruti Suzuki.

Punjab’s 2024–25 revised budget estimates reveal a deeply troubling fiscal situation that has pushed the state dangerously close to bankruptcy. According to the official figures, nearly one-third of the total budget has been earmarked solely for the repayment of public debt, which stands at an alarming level of around ₹3.75 lakh crore. On top of this, close to 60% of the state’s finances are absorbed by running the government—covering salaries, pensions, subsidies, and interest payments. This leaves only a tiny fraction for capital expenditure, which is crucial for development and long-term growth. Shockingly, less than 5% of the budget has been allocated for capital works, a figure that underscores the growing fiscal stress. 

CHANDIGARH: In a decisive move to tackle the issue of stubble burning and promote sustainable farming, the Punjab Government under the leadership of Chief Minister S. Bhagwant Singh Mann has launched the amended Crop Residue Management (CRM) Loan Scheme through cooperative banks across the state.

AJNALA: The work of rebuilding the broken embankments of the Ravi River, which had caused great destruction in Ajnala and Ramdas areas, has been started. Along with the district administration, the great men of Kar Sewa are also actively supporting this campaign.

BHOPAL: Madhya Pradesh Chief Minister Mohan Yadav on Saturday transferred Rs 20 crore into bank accounts of 17,500 farmers from 11 districts affected by flood and natural disaster amid the ongoing monsoon season.

SHUTRANA: Shiromani Akali Dal (SAD) president Sukhbir Singh Badal today said channelization of the Ghaggar river by building concrete embankments was to the only way forward to save hundreds of villages in Patiala and Sangrur from the fury of floods and assured that the next SAD government would take this up as a priority project.

JERUSALEM: Israeli forces shot dead a Palestinian man at a military checkpoint in the northern West Bank, the army and Palestinian officials said.

AGARTALA: Tripura Police have started an investigation against "unidentified fraudsters" for illegally withdrawing an amount of Rs 16.38 crore from the bank account of the Agartala Municipal Corporation (AMC) by using cloned cheques, officials said on Friday.

NEW DELHI: The $31 billion fintech market in India is set for a disruption with the emergence of neobanks and to scale and secure a foothold, these digital-only banks should acquire primary bank accounts, a new report said on Wednesday.

WASHINGTON: The Russia-Ukraine conflict has dealt "a major shock" to commodity markets, altering global patterns of trade, production and consumption, the World Bank (WB) said in a report released on Tuesday.

MUMBAI: Delhi Capitals have called their opening batters Prithvi Shaw and David Warner 'pocket dynamos' after the duo has played a key role in the team's campaign in IPL 2022.

CHANDIGARH: -The Shiromani Akali Dal (SAD) today asked chief minister Bhagwant Singh Mann to direct cooperative banks to stop issuing arrest warrants against farmers who had failed to repay their loans because of deteriorating financial conditions due to crop failures coupled with sharp increase in agricultural inputs.

MANDI: Researchers at the Indian Institute of Technology Mandi, and Durham University in the UK have developed suction monitoring setup for soil cyclic triaxial testing to investigate the impact of climate change on railway embankments.

NEW DELHI: BJP chief J.P Nadda on Monday said that Indian politics has undergone a rapid transformation in the last eight years.

NEW DELHI: The Supreme Court on Monday stayed the National Company Law Appellate Tribunal's (NCLAT) order which ruled a stipulation in the DHFL resolution plan as "illegal" on recovery of avoidance transactions.

TOKYO: The Bank of Japan (BOJ) on Monday lowered its assessment for the majority of regional economies in the country, with its Governor warning ofuncertainty over the situation in Ukraine amid surging commodity prices, as well as Covid-19-related weakness.

PUNE: Five-time Indian Premier League (IPL) champions Mumbai Indians' poor form, which has plagued them from last season, is something which has become a cause for concern for skipper Rohit Sharma. The side's crucial match against a Royal Challengers Bangalore (RCB) on song at the Maharashtra Cricket Association Stadium later on Saturday, could well decide in which direction the star-studded MI are headed in this edition of the IPL.

MOSCOW: The Bank of Russia has decided to cut the key rate by 300 basis points to 17 per cent per annum from April 11.

NEW DELHI: Addressing the failure in finding an acceptable solution in five years to the risk posed to the Indus Water Treaty (IWT), the World Bank has announced to resume two separate processes requested by India and Pakistan in connection with the Kishenganga and Ratle hydroelectric power plants in the Indus basin.

New DELHI: A Special CBI court in Bangalore has sentenced head cashier of a bank to seven years Rigorous Imprisonment and a fine of Rs 2.19 crore in connection with fraudulent exchange of demonetised currency with valid currency.

WASHINGTON: The developing East Asia and Pacific countries is projected to grow by 5 per cent in 2022 amid the resurgence of Covid-19 pandemic, tighter financial conditions and the Russia-Ukraine war, the World Bank said.

NEW DELHI: The Delhi High Court on Tuesday sought the Centre's response on a plea seeking a Uniform Banking Code for Foreign Exchange Transaction in order to control black money generation and Benami transactions.

NEW DELHI:The Central Bureau of Investigation (CBI) on Sunday said that they have arrested an absconding accused in connection with a bank fraud of Rs 20.68 crore, on his arrival from Nairobi, Kenya.

NEW DELHI:The government on Thursday said that around 128 requests are pending in connection with bank fraud cases of Rs 21,074.43 cr for grant of consent by states.

NEW DELHI:As the Reserve Bank of India (RBI) barred Paytm from taking on new customers for its Payments Bank, a new report on Thursday said that fintech platforms' dominance in digital payments may not result in a significant data advantage over banks.

NEW DELHI: The CBI has lodged an FIR against two siblings for cheating Punjab National Bank to the tune of over Rs three crore by mortgaging a sold property.

NEW DELHI: Bharti Airtel and Axis Bank on Monday announced the launch of Airtel Axis Bank Credit Card as part of a "strategic partnership to strengthen the growth of India's digital ecosystem through a range of financial solutions".

AMRITSAR: State Bank of India presented a palanquin bus at Sachkhand Sri Harmandir Sahib. Mahinder Singh Ahli and handed over to Paramjit Singh Saroya.

NAWANSHAHR: Keeping in view the current scenario and maintaining law and order situation in the district, Deputy Commissioner-cum- District Magistrate Vishesh Sarangal on Wednesday ordered the installation of CCTV cameras in all fuel stations and banks.

NEW DELHI:The Enforcement Directorate (ED) on Wednesday said that it has attached two immovable properties including plant and machinery worth Rs 3.81 crore belonging to SLO Industries Limited in connection with a Prevention of Money Laundering case pertaining to a bank fraud of Rs 201 crore.

NEW DELHI: UK Prime Minister Boris Johnson on Tuesday announced sanctions against five Russian banks -- Rossiya, IS Bank, General Bank, Promsvyazbank and the Black Sea Bank.

PATNA: A burqa-clad girl in Bihar's Begusarai district was stopped from making transactions in a nationalised bank, an official said.

CHANDIGARH: The Postgraduate Institute of Medical Education and Research here on Thursday said it has started the ‘human milk bank’ service for inborn neonates.

TORONTO: Over 2,000 Indian students, who face an uncertain future after three Montreal colleges closed last month by declaring bankruptcy, have demanded intervention by the Canadian government to give them justice.

NEW DELHI:The Delhi High Court on Monday asked the Delhi Metro Rail Corporation (DMRC) to submit its balance sheet, along with bank accounts details, by February 17 on an execution petition filed by Delhi Airport Metro Express Pvt Ltd (DAMEPL) seeking enforcement of an arbitration award of Rs 6,208 crore in favour of the Reliance Infrastructure's subsidiary.

NEW DELHI: The Enforcement Directorate (ED) on Monday said that they have provisionally attached immovable and movable properties worth Rs 56.81 crore in the form of agricultural land, plots, shops, offices, flats, FDs and bank accounts belonging to Bharat Bomb, Shankar Lal Khandelwal and their associates in connection with a Prevention of Money Laundering case pertaining to the Syndicate Bank loan fraud of Rs 1,267.79 crore.

HYDERABAD: The Enforcement Directorate (ED) has arrested Balvinder Singh the Promoter - Director of the PCH Corporation Ltd and other PCH group companies under the Prevention of Money Laundering Act (PMLA) in a case relating to defrauding banks to the tune of Rs 370 crore.

CHENNAI: Government-owned Indian Bank on Monday said it closed the third quarter of the current fiscal with a net profit of Rs 689.73 crore.

RAMALLAH: At least 159 Palestinian protesters were injured during clashes with the Israeli soldiers in the northern West Bank, according to the Palestine Red Crescent Society (PRCS).

PATNA: The Immigration Department has arrested main accused Daljit Singh Bal in Punjab and Maharashtra Co-operative bank (PMC) multi billion dollar scam from Raxaul border of Bihar, the police on Thursday.

NEW DELHI:In a month when the equity indices were in rough waters, banking stocks managed to outperform the broader markets in January 2022.

LUCKNOW: A bank manager, who had been absconding for two years in a case of embezzlement of Rs 45 crore, has been arrested by the Lucknow police.

HYDERABAD: Cyber crooks, who hacked the server of Andhra Pradesh Mahesh Co-Operative Urban Bank here on Sunday, transferred Rs 12.90 crore to three accounts in the same bank and from there, to 128 accounts in different banks in various parts of the country, a bank official said on Tuesday.

BAREILLY: In a shocking incident, a security guard deployed at a bank in Bareilly on Friday opened fire at a customer who had come without wearing a mask.

LONDON:The Bank of England (BoE) has announced an unchanged interest rate at 0.1 per cent, despite prediction of inflation being temporarily above its 2 per cent target in the months ahead.

CHANDIGARH: The Punjab government will seek US$ 210 million loan from World Bank/ Asian Infrastructure Investment Bank (AIIB) for the canal based water supply project for Amritsar and Ludhiana under the Punjab Municipal Service Improvement Project (PMSIP).

MUMBAI: The Central Bureau Of Investigation (CBI) on Wednesday arrested three directors of Ruchi Global Ltd for allegedly defrauding various banks to the tune of Rs 188.35 crore, an official said here.

MUMBAI: The ICICI Bank on Wednesday announced the launch of 'ICICI STACK for Corporates', a comprehensive set of digital banking solutions for corporates and their entire ecosystem including promoters, group companies, employees, dealers, vendors and all other stakeholders.

LUCKNOW: The All India Muslim Personal Law Board (AIMPLB) has filed a petition in the Allahabad High Court against the demolition of Masjid Garib Nawab, also known as Tehseel Wali Masjid, in Ram Sanehi Ghat area of Barabanki.

NEW DELHI: The Central Bureau of Investigation (CBI) on Friday carried out searches at six locations in Mumbai after registering a case of bank fraud worth Rs 134 crore against Gujarat-based Associate High Pressure Technologies Pvt Ltd and its directors.

MUMBAI:The key Indian equity indices traded on a positive note on Monday morning led by healthy buying in banking stocks.Around 10.50 a.m., Sensex was trading at 50,681.29, higher by 140.81 points or 0.28 per cent from its previous close of 50,540.48.

NEW DELHI: Value buying along with healthy buying in the banking stocks lifted the key domestic indices during Friday's late-afternoon trade session.

NEW DELHI: Former Congress president Rahul Gandhi on Thursday took a jibe at Prime Minister Narendra Modi over the dead bodies buried on the banks of the river Ganga, saying that the head of the Modi's "system" remains buried in the same sand.

MUMBAI: If you planning an online money transfer using the banking system between Saturday midnight and Sunday, you are well advised to either cancel or postpone such transfers.

GHAZIPUR (UP): After Bihar's Buxar, around two dozen bodies were found on the banks of the Ganga at adjoining Ghazipur district of Uttar Pradesh, an official said on Tuesday.

NEW DELHI: The Cabinet Committee on Economic Affairs (CCEA) has given its in-principle approval for strategic disinvestment along with transfer of management control in IDBI Bank Ltd.

CHANDIGARH: As per the drive initiated by the newly formed Enforcement Directorate, Mining, against illegal mining, Amritsar (Rural) Police has launched a major crackdown on illegal sand mining in the district.

PATIALA: Amid surge in COVID cases, to ensure the uninterrupted supply of oxygen, as per the directives of Punjab Chief Minister, Captain Amarinder Singh, district administration, Patiala today took a unique initiative by launching 'Oxygen on Wheels' service.

CHANDIGARH: As per the drive initiated by the newly formed Enforcement Directorate, Mining, against illegal mining, Amritsar (Rural) Police has launched a major crackdown on illegal sand mining in the district.

MUMBAI: The key Indian equity indices declined on Friday morning with the BSE Sensex losing over 400 points.Heavy selling pressure was witnessed in banking and finance stocks. However, buying in metal and oil and gas stocks restricted the losses.

SRINAGAR: Armed robbers looted Rs 6 lakhs from a branch of the J&K Bank in Baramulla district on Thursday, police said.

NEW DELHI: To scale up production of its Covishield vaccine, the Serum Institute of India (SII) had borrowed money from banks instead of waiting for the government's aid to arrive.

PATNA: As many as 12 employees of Bandhan Bank here on Monday tested positive for coronavirus.
A health official at Patna civil surgeon office said that some Bandhan Bank employees of Ashiyana Digha branch have been complaining of mild fever for the last few days.

MUMBAI: To broaden its services for the start-up sector, the lender Yes Bank has tied-up with GVFL Limited.ccordingly, the two companies have entered into a Memorandum of Understanding (MoU) to strengthen Fintech-led innovation and support the growth of the Indian startup ecosystem.

SRINAGAR: The anti-corruption bureau (ACB) arrested former chairman of J&K Bank, Parvez Ahmad Nengroo on Saturday in connection with a tender fraud case.

CHANDIGARH: The World Bank and Asian Infrastructure Investment Bank (AIIB) has approved 300 Million US dollars loan for canal based drinking water schemes under Punjab Municipal Services Improvement Project with a view to ensure quality drinking water 24x7 and minimize the water losses for holy city Amritsar and industrial hub Ludhiana.

BARABANKI (UTTAR PRADESH): A case was registered in Barabanki district on Friday against unnamed persons in the ambulance case involving Bahujan Samaj Party (BSP) MLA and mafia don Mukhtar Ansari.

CHENNAI:Government owned Indian Bank has declared bad loans amounting Rs 202.32 crore to seven domestic borrowers and $5.289 million lent to a foreign company as fraud.

NEW DELHI: March 31 is the deadline for submitting applications for setting up a pan-India umbrella entity for retail payments.
The Reserve Bank of India in February had extended the date to March 31 after it received requests from stakeholders, including Indian Banks' Association (IBA), to extend the deadline.

MUMBAI: The key Indian equity indices declined on Wednesday morning, with the BSE Sensex losing over 500 points.
Heavy selling pressure was witnessed in banking and finance stocks.

NEW DELHI/ALAPPUZHA : The Congress is ushering in a generational change in Kerala by fielding more new and young faces in the Assembly elections in the southern state scheduled to be held on April 6.

PATIALA: Punjab Minister for Co-operation and Jails, Mr. Sukhjinder Singh Randhawa said that Punjab Government has strengthened the co-operative sector institutions which had come to an end during the tenure of the previous government.

NEW DELHI: The Central Bureau of Investigation (CBI) today conducted searches at more than 100 places across India in connection with more than 30 cases of bank fraud amounting to over Rs.3700 crore. These searches are part of Special Drive to book the fraudusters on the complaints received from different Nationalised Banks in India.

CHANDIGARH: Strongly opposing the direct bank transfer scheme for farmers, Punjab Chief Minister Amarinder Singh said on Wednesday that he had written to the Prime Minister seeking early resolution of the matter in view of the upcoming Rabi season.

SRINAGAR: Unidentified gunmen looted Rs 2 lakh on Wednesday from a bank in J&K's Budgam district.Reports here said gunmen entered the Chandpora branch of the J&K Bank and decamped with not just the cash but also a 12 bore gun of the bank guard and the CCTV cameras at the branch.

NEW DELHI: The Supreme Court on Tuesday said any amount collected during moratorium period by banks as interest on interest or compound interest, should either be refunded or adjusted against the next EMIs payable by the borrowers.

PATNA: An employee of the Bank of India was shot dead in Bihar's Suryagarha town in Lakhisarai district, police said on Thursday.