Telangana: CID arrests Falcon Group ex-COO in investment fraud

Sakhare was apprehended at his residence in Hyderashakot, Hyderabad, for his alleged role in a massive investment...

UCBs must be mindful of trust reposed by depositors: RBI Governor

Urban Cooperative Banks need to be mindful of their responsibilities, particularly the trust reposed on them by the...

IndusInd bank is well-capitalised; No need for depositors to worr

Amid the ongoing crisis in the IndusInd bank, the Reserve Bank of India (RBI) on Saturday released a statement...

Sundaram Finance Launches Digital Deposit Facility

New Delhi [India], March 4: Sundaram Finance Ltd, one of India's most trusted NBFCs, has introduced a Digital...

ED conducts raids in Mumbai and Delhi in investment scheme case

ED initiated investigation based on a FIR registered by Economic Offence Wing Mumbai under various sections of...

Mumbai: RBI imposes restrictions on New India Co-operative Bank

According to the RBI notice, "Considering the bank's present liquidity position Bank has been directed not to allow...

Deposit insurers must look for full coverage for some depositors

Asserting that full insurance coverage for all depositors appears somewhat financially non-viable, RBI Deputy...

Unique Features of Shriram Finance's Fixed Deposit Schemes

Mumbai (Maharashtra) [India], June 18: Shriram Finance, a leading financial services company in India, offers a...

Public Trust Caught in Crossfire of Failed Bank

New Delhi [India], March 6: In light of the Punjab and Maharashtra Cooperative Bank's risky investments that led to...

CBI registers case against Universal Trading Solutions

The Central Bureau of Investigation (CBI) has registered a case against Gowtham Ramesh, managing director of...

Karnataka orders CBI inquiry into cooperative banks frauds

For a long time, investors and depositors have been demanding a probe by the Central Bureau of Investigation (CBI)...

CBI registers case against Mahila Rindan Samabay Samity in WB

In the matter of Kalpana Das Sarkar versus the State of West Bengal (WPA No 2103 of 2022), the Circuit Bench of the...