Banks
- Hyderabad
Secunderabad court advocate dies of heart attack at Hyderabad bank
Hyderabad: A senior advocate of Secunderabad Civil Court collapsed and died on the spot while visiting a bank in Hyderabad’s Marredpally on Wednesday afternoon, February 19. The deceased has been identified as…
- Business
Long queues outside New India Co-operative Bank after RBI imposes restrictions
Mumbai: The Reserve Bank of India’s (RBI) restrictions on New India Co-operative Bank, located in Bandra, Mumbai, have triggered panic among customers, who are now unable to access their deposits. People are…
- Business
Banks to have ‘bank.in’ internet domain name, non-banks ‘fin.in’: RBI
Mumbai: In order to check cyber security threats, the Reserve Bank on Friday decided that Indian banks will have exclusive internet domain name ‘bank.in’ and non-bank financial entities ‘fin.in’. Unveiling the last…
- Business
Budget to boost consumption sectors, DeekSeek AI an opportunity for Indian IT firms
Bengaluru: The Union Budget will boost consumption sector and long-term policies are favourable for urban housing, insurance and defence-related industries, according to a new report. The capex budget has risen 15 per…
- Business
NPAs of Indian banks likely to decline by March: Fitch
New Delhi: The gross non-performing assets (NPAs) ratio of Indian banks may decline by another 0.4 per cent to 2.4 per cent by March 2025 followed by a further 0.2 per cent…
- India
RBI directs banks to let remitters verify account name before RTGS, NEFT transfers
Mumbai: The Reserve Bank of India (RBI) on Monday directed all banks to put in place a facility to enable a remitter to verify the beneficiary bank account name before initiating a…
- Middle East
UAE banks to create 1,700 jobs by 2026
The United Arab Emirates (UAE) banking sector in the Al Ain region is expected to generate at least 1,700 employment opportunities through an innovative initiative launched by the Nafis Emirati Talent Competitiveness…
- Hyderabad
Axis Bank’s Begumpet branch in Hyderabad denies Rs 6.5 cr fraud allegations
Hyderabad: Following reports of alleged fraudulent activities at Axis Bank’s Begumpet branch in Hyderabad, the bank issued an official statement on Wednesday, December 11, dismissing the claims as “baseless.” The bank stated…
- Hyderabad
Rs 6.5 crore siphoned from OCI account in Hyderabad by bank officials
Axis Bank’s Begumpet branch in Hyderabad is under scrutiny after officials were accused of siphoning off Rs 6.5 crore from the premium account of Paritosh Upadhyay, an Overseas Citizen of India (OCI)…
- Middle East
Saudi Arabia: Islamic Development Bank signs MoU with SFD
The Islamic Development Bank (IsDB) and the Saudi Fund for Development (SFD) signed a memorandum of understanding (MoU) to strengthen their cooperation. This initiative is part of the activities celebrating the 50th…