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RBI To Allow Banks To Fund Merger, Acquisition Activity By Indian Corporates
In a bid to improve credit flow, the Reserve Bank on Wednesday said it would provide an enabling framework for Indian banks to finance acquisitions by Indian corporates.
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BCCI Had Rs 6000 Crore In Bank In 2019, Report Says In 2025 It Soared To...
Aided by IPL earnings and ICC distributions, the BCCI posted a surplus of Rs 1,623.08 crore for 2023-24, up from Rs 1,167.99 crore in the previous year, according to the report.
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Gold Prices In India To Surge To Rs 125,000 By 2026: Report
Indian gold prices are expected to continue rising, trading in the range of Rs 99,500 to Rs 110,000 per ten grams over the rest of 2025, and moving higher to Rs 110,000 to Rs 125,000 in the first half of 2026, according to a research
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Former RBI Governor Urjit Patel Appointed As IMF Executive Director
Former Reserve Bank of India Governor Urjit Patel has been appointed as the Executive Director of International Monetary Fund, a Personnel Ministry order said.
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India's Household Savings To Generate USD 9.5 Trillion Inflows: Goldman Sachs
India's household savings are expected to generate cumulative inflows of around USD 9.5 trillion into financial assets over the next ten years, according to a report by Goldman Sachs.
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No More 2-Day Wait, RBI's New Rules To Ensure Cheque Clearance Within Hours
Bank customers will no longer have to wait two working days for cheque deposits to clear. Starting October 4, the Reserve Bank of India (RBI) will implement a faster settlement system promising funds in only a few hours.
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Provident Fund Withdrawal Made Easy: Get Money In 72 Hours With These Simple Steps
The EPFO has significantly streamlined the process for withdrawing Provident Fund (PF) money, making it faster and more accessible for members.
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RBI Panel Proposes Fund To Build Homegrown AI Framework For Finance Sector
A Reserve Bank of India committee has recommended a framework for developing AI capabilities for the country's financial sector, while safeguarding it against associated risks, according to a report released on Wednesday.
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UP Man Arrested For Running Rs 6-Crore Online Scam Via Social Media
The Delhi Police has apprehended a B.Tech graduate from Greater Noida, Uttar Pradesh, for allegedly running a Rs 6.03-crore online investment scam that duped victims via social media, officials said on Wednesday.
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SEBI Bans DHFL's Kapil Wadhawan, 5 Others From Securities Market For 5 Years
Markets regulator Sebi on Tuesday barred Dewan Housing Finance Ltd's former CMD Kapil Wadhawan, ex-director Dheeraj Wadhawan, and four others from the securities markets for up to five years for committing financial irregularities, diverting funds, a
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"Lord Krishna Was First Mediator...": Supreme Court On Banke Bihari Temple Case
The Supreme Court on Monday invoked the spirit of Lord Krishna, the 'first mediator', in a dispute between the Shri Banke Bihari Temple and a UP government ordinance about the proposed redevelopment of a corridor using Rs 500 crore from temple funds.
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Mule Accounts, Kickbacks: Raids Find Rs 1,000-Crore Trail Behind Cattle Scheme
Illegal payments and kickbacks to government officials were part of the Rs 1,000 crore money trail uncovered following raids by the Enforcement Directorate in Hyderabad in connection with the TelanganaSheep Rearing Development Scheme.
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Probe Agency Restitutes Rs 380-Crore Assets In Bank 'Fraud' Involving Ex-MLA
Attached assets worth Rs 380 crore have been restored to a designated Maharashtra government authority for distribution to the about 5 lakh "duped" depositors of a cooperative bank, controlled by a former MLA.
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Unclaimed Deposits With Banks Stand At Rs 67,003 Crore: Minister
Unclaimed deposits with banks, including private lenders, stood at Rs 67,003 crore at the end of June 2025, Parliament was informed on Monday.
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ED Raids 6 Sites In Hyderabad Over Rs 621 Crore Scam Linked To Highway Project
The Enforcement Directorate (ED) on Tuesday conducted searches across six locations in Hyderabad in connection with a Rs 621-crore bank-fraud case against the promoters and directors of a company and its associate firms.
-
RBI To Allow Banks To Fund Merger, Acquisition Activity By Indian Corporates
In a bid to improve credit flow, the Reserve Bank on Wednesday said it would provide an enabling framework for Indian banks to finance acquisitions by Indian corporates.
-
BCCI Had Rs 6000 Crore In Bank In 2019, Report Says In 2025 It Soared To...
Aided by IPL earnings and ICC distributions, the BCCI posted a surplus of Rs 1,623.08 crore for 2023-24, up from Rs 1,167.99 crore in the previous year, according to the report.
-
Gold Prices In India To Surge To Rs 125,000 By 2026: Report
Indian gold prices are expected to continue rising, trading in the range of Rs 99,500 to Rs 110,000 per ten grams over the rest of 2025, and moving higher to Rs 110,000 to Rs 125,000 in the first half of 2026, according to a research
-
Former RBI Governor Urjit Patel Appointed As IMF Executive Director
Former Reserve Bank of India Governor Urjit Patel has been appointed as the Executive Director of International Monetary Fund, a Personnel Ministry order said.
-
India's Household Savings To Generate USD 9.5 Trillion Inflows: Goldman Sachs
India's household savings are expected to generate cumulative inflows of around USD 9.5 trillion into financial assets over the next ten years, according to a report by Goldman Sachs.
-
No More 2-Day Wait, RBI's New Rules To Ensure Cheque Clearance Within Hours
Bank customers will no longer have to wait two working days for cheque deposits to clear. Starting October 4, the Reserve Bank of India (RBI) will implement a faster settlement system promising funds in only a few hours.
-
Provident Fund Withdrawal Made Easy: Get Money In 72 Hours With These Simple Steps
The EPFO has significantly streamlined the process for withdrawing Provident Fund (PF) money, making it faster and more accessible for members.
-
RBI Panel Proposes Fund To Build Homegrown AI Framework For Finance Sector
A Reserve Bank of India committee has recommended a framework for developing AI capabilities for the country's financial sector, while safeguarding it against associated risks, according to a report released on Wednesday.
-
UP Man Arrested For Running Rs 6-Crore Online Scam Via Social Media
The Delhi Police has apprehended a B.Tech graduate from Greater Noida, Uttar Pradesh, for allegedly running a Rs 6.03-crore online investment scam that duped victims via social media, officials said on Wednesday.
-
SEBI Bans DHFL's Kapil Wadhawan, 5 Others From Securities Market For 5 Years
Markets regulator Sebi on Tuesday barred Dewan Housing Finance Ltd's former CMD Kapil Wadhawan, ex-director Dheeraj Wadhawan, and four others from the securities markets for up to five years for committing financial irregularities, diverting funds, a
-
"Lord Krishna Was First Mediator...": Supreme Court On Banke Bihari Temple Case
The Supreme Court on Monday invoked the spirit of Lord Krishna, the 'first mediator', in a dispute between the Shri Banke Bihari Temple and a UP government ordinance about the proposed redevelopment of a corridor using Rs 500 crore from temple funds.
-
Mule Accounts, Kickbacks: Raids Find Rs 1,000-Crore Trail Behind Cattle Scheme
Illegal payments and kickbacks to government officials were part of the Rs 1,000 crore money trail uncovered following raids by the Enforcement Directorate in Hyderabad in connection with the TelanganaSheep Rearing Development Scheme.
-
Probe Agency Restitutes Rs 380-Crore Assets In Bank 'Fraud' Involving Ex-MLA
Attached assets worth Rs 380 crore have been restored to a designated Maharashtra government authority for distribution to the about 5 lakh "duped" depositors of a cooperative bank, controlled by a former MLA.
-
Unclaimed Deposits With Banks Stand At Rs 67,003 Crore: Minister
Unclaimed deposits with banks, including private lenders, stood at Rs 67,003 crore at the end of June 2025, Parliament was informed on Monday.
-
ED Raids 6 Sites In Hyderabad Over Rs 621 Crore Scam Linked To Highway Project
The Enforcement Directorate (ED) on Tuesday conducted searches across six locations in Hyderabad in connection with a Rs 621-crore bank-fraud case against the promoters and directors of a company and its associate firms.
