Search For "bank"
ZikZuk Receives In-Principle Approval from RBI for Issuance of Prepaid Pay
Updated : 10 months, 1 week ago IST
Hyderabad (Telangana) [India], May 19: ZikZuk, a fast-growing fintech startup headquartered in Hyderabad, announces that it has received in-principle authorisation from the Reserve Bank of India (RBI) to issue Prepaid Payment Instruments (PPI). With this strategic approval, ZikZuk is set to
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UK High Court denies Nirav Modi's bail plea in PNB fraud case
Updated : 10 months, 1 week ago IST
The UK High Court has rejected Nirav Modi's 10th bail application in the USD 1 billion Punjab National Bank fraud case. Indian authorities, including the ED and CBI, submitted strong arguments leading to the dismissal. Modi remains in UK custody as extradition proceedings continue.
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ED arrests ex-Chairman of UCO bank in money laundering case
Updated : 10 months, 1 week ago IST
The Enforcement Directorate (ED) has arrested Subodh Kumar Goel, former Chairman and Managing Director of UCO Bank, from his residence in New Delhi in connection with an ongoing investigation against Concast Steel and Power Ltd (CSPL) and others in a bank fraud case, the agency said on Mond
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BJP MP Nishikant Dubey appeals to central agencies to investigate influenc
Updated : 10 months, 1 week ago IST
Bharatiya Janata Party (BJP) MP Nishikant Dubey on Monday urged the Enforcement Directorate (ED) and the National Investigation Agency (NIA) to investigate the foreign tours, advertisements and bank accounts of online influencers after Jyoti Malhotra was arrested for allegedly sharing sen
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"Samajwadi Party's DNA has been against Dalits, believes in dividing socie
Updated : 10 months, 1 week ago IST
In a sharp attack on Samajwadi Party (SP) chief Akhilesh Yadav, Uttar Pradesh Deputy Chief Minister Brijesh Pathak criticized the party's political ideology, alleging a flawed "DNA" rooted in casteism, Muslim appeasement, and vote bank politics.
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India's MSMEs face credit gap of Rs 30 lakh crore, women-owned businesses
Updated : 10 months, 1 week ago IST
The MSME (Micro, Small and Medium Enterprises) sector is facing an addressable credit gap of around Rs 30 lakh crore, which is about 24 per cent of the total credit demand, according to a recent report by SIDBI (Small Industries Development Bank of India).
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India's export outlook remains uncertain, trade deficit to widen to 1.2% o
Updated : 10 months, 1 week ago IST
India's trade outlook for the current financial year remains uncertain due to the looming threat of reciprocal tariffs by the United States, according to a report by Union Bank of India.
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Chhattisgarh CM inaugurates formal bank branch in Naxal-affected Jagargund
Updated : 10 months, 1 week ago IST
Chhattisgarh Chief Minister Vishnu Deo Sai on Sunday virtually inaugurated a branch of Indian Overseas Bank in Jagargunda, benefitting nearly 14,000 people from 12 nearby villages. The opening of a new branch marks a major step forward in financial inclusion in one of the state's most sensit
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Uttarakhand: Thousands take holy dip at Pushkar Kumbh in Keshav Prayag
Updated : 10 months, 1 week ago IST
According to a release from the Uttarakhand Chief Minister's Office (CMO), thousands of devotees have so far taken a holy bath on the banks of the Alaknanda and Saraswati rivers.
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19th Islamic Development Bank Global Forum to explore digital transformati
Updated : 10 months, 1 week ago IST
The Islamic Development Bank Institute (IsDBI) announced the 19th edition of the IsDB Global Forum on Islamic Finance will be held in Algiers, Algeria, on May 20 in conjunction with the IsDB Group Annual Meetings.
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India's forex reserves hit 7-month high of $690.6 billion
Updated : 10 months, 1 week ago IST
India's foreign exchange reserves (forex) rose USD 4.553 billion to USD 690.617 billion in the week that ended on May 9, official data released by the Reserve Bank of India (RBI) showed.
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RBI to issue Rs 20 notes with new Governor Sanjay Malhotra's signature
Updated : 10 months, 1 week ago IST
The new notes will retain the existing design and features of the current Rs 20 notes in circulation, except for the new governor's signature. The RBI also clarified that all previously issued Rs 20 banknotes will continue to be legal tender, as per the statement.
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