Bank
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Bizarre
Chennai cabbie receives shock of his life after receiving Rs 9,000 crore in his bank account
The bank had actually made a mistake and took back the money a few minutes later.
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Business News
Indian Bank and OneCard collaborate to develop mobile-first credit cards
OneCard is a metal credit card designed exclusively for mobile use that FPL Technologies launched and manages in collaboration with…
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Crime
ED raids premises of Kerala MLA in ₹100 crore ‘cooperative bank fraud’
ED has raided premises of Kerala MLA A C Moideen, others in multi-crore cooperative bank fraud case.
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Law
Education loan cannot be rejected due to low CIBIL scores by banks: Kerala High Court
Kerala High Court demands a more humanitarian approach towards education loans. Emphasises it's important not to focus on low CIBIL…
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India
Bank of Baroda launches cash withdrawal facility via UPI on its ATM
The bank's newly introduced ICCW facility grants customers the liberty to withdraw money without the need for a physical card.
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Economy
RBI reveals number of fake ₹500 notes is 10x more than fake ₹2000 notes in FY23
There's been 14.4% rise in counterfeit ₹500 notes in the country as per the data released by RBI.
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Bizarre
Man stops bank robbery by ‘hugging the armed robber’
A 69-year-old Good Samaritan has been hailed a “hero” for stopping an alleged attempted robbery at a regional bank earlier…
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India
Indian banks transfer ₹35,000 crore in unclaimed deposits to Reserve Bank
State Bank of India tops the list of banks with the highest unclaimed deposits, followed by other public sector banks;…
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Economy
Steepest slowdown since 1970: ‘World could face the worst recession in 2023,’ warns World Bank
From US to Europe and Asia, several indicators of global recession are already "flashing signs” and the global economy is…
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Business News
₹22,842 crores bank fraud! ABG Shipyard directors booked by CBI
The organisation was sanctioned credit facilities from 28 banks and monetary establishments drove by ICICI Bank with the SBI having…
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