Bank
- Business
Yogi government asks banks to upgrade security systems
Lucknow: The Uttar Pradesh government has decided to upgrade the security system in the banking sector. Principal secretary, home, Sanjay Prasad said, surveillance systems and data storage would be made more effective…
- India
Equity Outlook: All eyes on central bank monetary policy stance for road ahead
New Delhi: All is not well in global financial markets. Market participants are not aggressively participating and are largely shying away from making large bets, especially on concerns of aggressive global monetary…
- Business
RBI ready to bring card tokenisation norms into effect from Oct 1
Mumbai: The Reserve Bank of India (RBI) is ready to bring its card-on-file tokenisation norms into effect from October 1 after various complaints were filed regarding the misuse of debit or credit…
- Middle East
Lebanon banks to close for 3 days over security concerns
Beirut: Lebanese banks will close for three days starting from Monday amid mounting security concerns, local media reported. The Association of Banks in Lebanon announced the closure after angry depositors across the…
- Business
SBI says it’s not a nodal bank for Russia-related transactions
New Delhi :The country’s largest lender, State Bank of India (SBI) on Thursday clarified that it has not been identified as a nodal bank for handling Russia-related transactions. The clarification by the…
- World
Asian Development Bank grants USD 3 million to support Pakistan’s flood response
Islamabad [Pakistan], September 1 (ANI): Amid widespread floods across, the Asian Development Bank (ADB) on Wednesday approved a USD 3 million grant to support Pakistan’s emergency relief efforts. The grant, financed from…
- Delhi
CBI to examine Manish Sisodia’s bank locker on Aug 30
New Delhi: In a latest development in connection with the excise policy row involving Delhi’s Deputy Chief Minister Manish Sisodia, the Central Bureau of Investigation (CBI) is all set to examine his…
- Business
As fraudsters get smarter, RBI, banks get busy plugging loopholes
New Delhi: Banking frauds have taken varied dimensions with the passage of time. With the advent of digital age and online transactions, however, fraudsters too have upgraded their skills and latched on…
- Business
ED freeze on Rs 370 cr bank assets ‘unfortunate’: Crypto firm Vauld
New Delhi: A day after the Enforcement Directorate (ED) froze crypto lending platform Vauld’s bank assets worth Rs 370 crore over its “predatory lending practices”, the company on Saturday termed the action…
- India
ED attaches assets worth Rs 113.32cr in bank loan fraud case
New Delhi: The Enforcement Directorate (ED) on Tuesday said it has attached 75 immovable properties including 67 windmills valued at Rs 113.32 crore belonging to the Chennai-based Surana Group of Companies in…
- India
Bank unions to start Twitter campaign against privatisation
Chennai: A day ahead of the start of the Parliament’s Monsoon session, the United Forum of Bank Unions (UFBU) has given a call for a campaign on Twitter against privatisation of government…
- India
Cyber criminals who targeted hundreds of HDFC bank a/c holders held
New Delhi: A Delhi-based gang of cyber criminals was arrested for clandestinely taking out the money from the HDFC bank accounts of hundreds of people, an official said on Wednesday. The accused…
- India
CBI books DHFL in ‘biggest’ banking fraud of Rs 34,615 crore; 17 banks hit
New Delhi: The CBI has booked Dewan Housing Finance Ltd, its former CMD Kapil Wadhawan, director Dheeraj Wadhawan and others for bank fraud of Rs 34,615 crore, making it the biggest such…
- Opinions
Crypto – Messiah or Misadventure
Prabhakar Kaza Money is not just a number on the Bank statement but the purchasing power it represents. From the days of the Barter system to the present day, the payment system…
- World
Myanmar bank blacklists 137 companies for violating regulation
Yangon: The Central Bank of Myanmar (CBM) has added 137 more companies to a blacklist for failing to deposit export earnings into accounts in domestic banks within the prescribed periods. The decision came…
