IDFC FIRST Bank has repaid 100 per cent of the principal amount claimed by departments of the Government of Haryana following a fraud incident at one of its branches in Chandigarh, the bank said in an official statement.
Congress leader Bhupinder Singh Hooda has questioned the state government over the Rs 590 crore fraud in one of IDFC First Bank branches in Chandigarh and asked what action it has taken.
Mumbai (Maharashtra) [India], February 13: L&T Finance Ltd. (LTF), (formerly known as L&T Finance Holdings Ltd.), one of the leading Non-Banking Financial Companies (NBFCs) in the country, today announced a major milestone in its retail strategy by doubling its Gold Loan branch network to ov
As part of efforts to support business expansion, Urban Cooperative Banks (UCBs) have been permitted to open new branches, enabling wider outreach and improved customer access. In a move aimed at boosting credit flow, the permissible housing loan exposure of UCBs has been raised to 25 per ce
Bengaluru (Karnataka) [India], February 4: Manipal Academy of BFSI (UNext Learning), India's premier institution for financial services skilling, is proud to announce its continued collaboration with the Central Bank of India (CBI) to train a specialized batch of 1,000 credit officers. This
The commendable performance of all RRBs in the Financial Year 2025-26 (upto December, 2025) was noted and appreciated. At present, 28 RRBs are operating through 22,158 branches across 26 States and 3 Union Territories, covering about 730 districts. Total business of all 28 RRBs has crosse
Thiruvananthapuram (Kerala) [India], January 27: UST, a leading AI and digital transformation solutions company, has secured a ₹500+ crore digital transformation deal with Muthoot FinCorp Ltd. and other group companies under the Muthoot Pappachan Group (Muthoot Blue). This six-year deal, ext
An urgent meeting was held today in the wake of call for strike by bank unions for Tuesday and banks were advised to take all necessary steps to ensure the smooth functioning of banking operations, especially in respect of customer services, digital channels, clearing and settlement syste
SMBC is currently carrying on banking business in India in branch mode through its four branches located in New Delhi, Mumbai, Chennai and Bengaluru. The 'in-principle' approval has been granted to the bank for setting up a WOS through conversion of its existing branches in India, RBI said i
Indore (Madhya Pradesh) [India], December 20: Flying Officer Tanishq Agrawal has been honoured with the prestigious Sword of Honour for his outstanding performance at the Combined Graduation Parade (CGP) 2025, held at the Indian Air Force Academy in Dundigal. The parade marked the successful
Indore (Madhya Pradesh) [India], December 17: HSBC India unveiled its new branch in Indore, Madhya Pradesh, marking a significant step in its strategic expansion across the country. This launch in Indore is the bank's 29th branch in India, following the Reserve Bank of India's approval ea
A Combined Graduation Parade (CGP) is being conducted at the Air Force Academy, Dundigal, Hyderabad, on Saturday to mark the successful completion of pre-commissioning training of Flight Cadets from various branches of the Indian Air Force (IAF).