Search result for 'branch'

Federal Bank Opens 1600th Branch in Delhi

December 9, 2025 16:48

Federal Bank expands its network with its 1600th banking outlet in Delhi. Focus on retail, SME, digital platforms, and customer service.

CBI Probes Jai Anmol Ambani in Bank Fraud Case

December 9, 2025 16:00

CBI books Jai Anmol Ambani, son of Anil Ambani, in Rs 228 cr bank fraud case. Residence searched. Details of the investigation here.

Areion AMC Raises Rs 125 Cr Special Situation Fund

December 8, 2025 20:19

Areion AMC raises Rs 125 crore special situations fund to invest in stressed assets. First close of Rs 500 crore fund.

Sberbank to Invest $100M in India Expansion

December 4, 2025 19:32

Sberbank plans to invest USD 100 million in India over 3 years, expanding B2B & B2C operations. Focus on IT, data centers, & partnerships.

Sber Launches Rupee Letter of Credit for Indian Suppliers

December 3, 2025 19:50

Sber, Russia''s biggest lender, introduces rupee-denominated letter of credit for Indian suppliers with deferred payment options.

Sberbank Eyes India Infrastructure Projects

December 2, 2025 19:59

Sberbank, Russia's largest bank, seeks partnerships in India's large infrastructure projects. Focus on consultancy, tech, and cultural exchange.

No FDI Hike for PSU Banks: Finance Ministry Clarifies

December 2, 2025 17:48

Finance Ministry denies proposal to raise FDI limit in PSU banks to 49%. Current limits, RBI regulations, and shareholding details explained.

Bank ED Appointments: Union, Central, BOI

November 25, 2025 16:16

Govt appoints executive directors at Union Bank, Central Bank, & Bank of India. Amresh Prasad, E Ratan Kumar, Pramod Kumar Dwibedi named.

Sundaram Home Finance Expands in Central TN

November 25, 2025 12:19

Sundaram Home Finance targets Rs 120 cr disbursements in central Tamil Nadu, expanding to tier 3 & 4 towns. New branch in Pattukottai.

FDI in Insurance Sector to Hike to 100%

November 22, 2025 20:04

Govt to table Bill to hike FDI in insurance sector to 100 pc in Winter session of Parliament. The session will have 15 working days.

Gujarat Police & MapmyIndia Boost Road Safety

November 18, 2025 17:16

Gujarat Police partners with MapmyIndia for real-time traffic updates, road safety features, and accident prevention. Get alerts on black spots and more.

Grameen Bank Branch Set on Fire in Bangladesh

November 12, 2025 16:39

Grameen Bank branch in Bangladesh set on fire after bomb blast. Authorities investigate, increase security. No casualties reported.

Digital Frauds Rise Since July: RBI DG Warns

November 7, 2025 16:12

RBI Deputy Governor reports a rise in digital frauds since July. The central bank is investigating the reasons behind the increase.

SBI to Enable Local Language Customer Communication

November 6, 2025 21:59

SBI is developing a system for employees to communicate with customers in local languages, using AI to ease the transition and improve customer service.

FM Urges PSBs: Local Language & HR Policy Changes

November 6, 2025 17:32

Finance Minister Sitharaman urges public sector banks to change HR policies, prioritize local language skills for better customer connect.

Bank of Baroda: Retail Focus & Credit Cost Impact

November 3, 2025 18:39

Bank of Baroda to focus on retail lending. Tariffs & geopolitics may impact credit costs. Home loan strategy & MSME lending plans detailed.

Allcargo Logistics Demerges Supply Chain Biz

November 3, 2025 12:36

Allcargo Logistics completes demerger of international supply chain business into Allcargo Global. Domestic business merger effective Nov 1.

GST Fraud: Rs 31.95 Cr Tax Evasion Busted

October 31, 2025 19:15

GST officers uncover a major racket claiming fake ITC, evading Rs 31.95 crore in tax. One person arrested in Delhi.

Sundaram Home Finance Growth in H2 FY

October 29, 2025 22:39

Sundaram Home Finance expects strong growth in the second half of the financial year. Net profit up 69%. Expansion plans in South India.

Godrej Capital Home Loans in East India

October 29, 2025 17:01

Godrej Capital expands home loan services to East India via its subsidiary, Godrej Housing Finance, starting with a Kolkata branch.

UCO Bank to Add 150 Branches by March

October 22, 2025 17:57

UCO Bank plans to expand its presence by adding 150 branches by March. Net profit rises 3% to Rs 620 crore in Q2 FY25.

PNB Q2 Profit Rises 14% to Rs 4,904 Cr

October 18, 2025 15:33

Punjab National Bank reports 14% rise in Q2 profit to Rs 4,904 crore. Gross NPA improves. Key growth in deposits and global business.

Ujjivan Bank Q2 Profit Halves to Rs 122 Cr

October 17, 2025 14:42

Ujjivan Small Finance Bank reports Q2 FY26 profit of Rs 122 crore, a decrease from Rs 233 crore last year due to higher expenses.

Air India Gets USD 215M Loan for Boeing Planes

October 15, 2025 20:12

Air India arm secures USD 215M loan from StanChart, BoI to finance 6 Boeing 777-300ER aircraft via GIFT City.

PSU Banks Outperform Pvt Banks in Credit Growth

October 14, 2025 21:31

Public sector banks show stronger credit growth than private banks. Focus on MSMEs, startups, and customer service highlighted.

ED Questions Muthoot Group MD in Fraud Case

October 10, 2025 22:01

Enforcement Directorate questions Muthoot Group MD George Alexander Muthoot in money laundering case linked to investors fraud.

Glottis Shares Plunge 35% on Debut

October 7, 2025 10:34

Glottis Ltd shares listed with a 35% discount. IPO garnered 2.05x subscription. Company valuation at Rs 810.37 crore.

Warburg Invests Rs 500 Cr More in Truhome

October 5, 2025 17:48

Warburg Pincus to infuse Rs 500 crore in Truhome Finance. CEO Ravi Subramanian eyes IPO as business scales up. Focus on affordable housing.

RBI Rationalizes Norms for Foreign Entities

October 3, 2025 19:54

RBI proposes rationalized norms for foreign entities setting up offices in India. Draft regulations offer greater operational freedom.

Tata Capital IPO: Green Finance & Tech Growth

October 3, 2025 16:35

Tata Capital launches IPO, focusing on green energy financing and digital innovation for growth. Cleantech portfolio details & IPO info.

Glottis IPO Subscribed 2x on Final Day

October 1, 2025 20:08

Glottis IPO garnered 2.05 times subscription on the final day. Rs 307-crore share sale details. Learn more about Glottis Ltd IPO.

Glottis IPO Subscribed 93% on Day 2

September 30, 2025 20:34

Glottis Ltd IPO received 93% subscription on day 2. QIBs subscribed 1.79 times, NIIs 1.08 times, and RIIs 58%. Issue closes Wednesday.

PSBs & Shared Tech: RBI Dy Guv on Economies of Scale

September 30, 2025 16:24

RBI Deputy Governor suggests PSBs use shared tech platforms & digital infrastructure for economies of scale. Focus on innovation, resilience & customer needs.

HC Orders Deletion of Malabar Gold & Pakistan Posts

September 30, 2025 15:46

Bombay HC orders deletion of social media posts calling Malabar Gold & Diamonds a Pakistan sympathiser after influencer controversy.

VinFast Partners with SBI for Dealer Financing

September 29, 2025 20:03

VinFast Auto India partners with State Bank of India for inventory financing for its dealer network. Read more here.

Sidbi Net Profit Rises 19.5% to Record High in FY25

September 29, 2025 19:12

Sidbi reports a 19.5% increase in net profit, reaching a record high of Rs 4,811 crore in FY25. Balance sheet crosses Rs 5.6 lakh crore.

Glottis IPO Subscribed 42% on Day 1

September 29, 2025 17:31

Glottis IPO subscribed 42% on day one. The Rs 307-crore IPO will conclude on October 1. Check subscription details and company information.

Gold Loans: Indel Money, Axis Bank, Bank of Baroda

September 29, 2025 16:57

Gold loan updates: Indel Money seeks funding, Axis Bank launches UPI credit, Bank of Baroda partners with IIFL Finance.

HDFC Bank Barred in Dubai: New Client Onboarding Stopped

September 27, 2025 14:43

HDFC Bank barred from onboarding new clients at its Dubai branch by the local regulator. Details on the violations are unclear.

Glottis IPO: Raises Rs 55 Cr from Anchor Investors

September 26, 2025 20:48

Glottis mobilises Rs 55 cr from anchor investors before its IPO. Issue opens Sep 29, price band Rs 120-129. IPO details here.

NCCF Targets 45% Turnover Growth to Rs 12,000 Cr

September 26, 2025 17:44

NCCF aims for 45% turnover growth to Rs 12,000 crore this fiscal year, driven by strong performance in agriculture commodities.

StanChart India: No New Branches, Focus on Large Formats

September 25, 2025 17:34

Standard Chartered to consolidate India branches into large formats, no new branches planned. Dollar clearing at GIFT City starts Oct 7.

Glottis IPO Opens Sep 29: Price at Rs 120-129/Share

September 24, 2025 14:47

Glottis IPO opens September 29 with price band Rs 120-129/share. IPO includes fresh issue & OFS. Funds for vehicles, debt, & operations.

Lodha Ex-Director Fraud Case: Land Sale to Son

September 23, 2025 21:50

Ex-director of Lodha Developers, Rajendra Lodha, arrested for fraud, allegedly sold land to his son''s firm without authority.

CBI Court: 5 Years RI for Forgery in Insurance Claim

September 23, 2025 21:03

CBI court sentences 2 to 5 years in jail for forgery in a 2006 fire insurance claim settlement case. Details on the conviction and fines.

SBI Expands in Tamil Nadu: New Branches & Initiatives

September 21, 2025 21:46

SBI strengthens its presence in Tamil Nadu with new branches, home loan centers, and rural training institutes. Focus on financial inclusion and CSR.

Lodha Developers Ex-Director Arrested in Fraud Case

September 17, 2025 18:45

Former Lodha Developers director Rajendra Lodha arrested in Mumbai for alleged fraud. He resigned last month after ethics review.

ESIC Health Camps: Swasth Nari, Sashakt Parivar

September 17, 2025 18:42

ESIC to organize health camps across 160 hospitals & 1600 dispensaries under Swasth Nari, Sashakt Parivar Abhiyaan. Check-ups, immunization & more.

Car Loan Cancellations Due to GST Rate Cut

September 14, 2025 16:31

Banks face car loan cancellations before Sep 22 GST rate cut. Customers await lower prices on cars. Learn more about the GST impact.

Haryana: Projects Over Rs 100 Cr Get Completion Push

September 10, 2025 19:46

Haryana CM directs officials to ensure timely completion of projects worth over Rs 100 crore. Focus on irrigation, water supply, and medical colleges.

PNB Fraud Case: Executive Director Discharged

September 9, 2025 21:38

Former PNB executive director discharged in multi-crore fraud case. Court cites lack of evidence and vague allegations.

Godrej to Develop 1,000 Acres in Vikhroli

September 9, 2025 19:26

Godrej Group plans a masterplan for developing its 1,000-acre land parcel in Vikhroli, Mumbai. Focus on systematic development and manufacturing.

Ujjivan SFB to Raise Rs 2,000 Cr via QIP

September 8, 2025 18:13

Ujjivan Small Finance Bank plans to raise Rs 2,000 crore through QIP in 2 years to fund growth. Expansion & loan book targets revealed.

GST Council Boosts Tech Exports, Ease of Business: Nasscom

September 4, 2025 19:55

Nasscom hails GST Council decisions to spur tech exports, enhance ease of business, and boost e-commerce. Key changes detailed.

Silver Jewellery Hallmarking: Digital Traceability

September 4, 2025 18:10

Govt introduces voluntary silver jewellery hallmarking with digital traceability. Enhances purity, consumer rights, and traceability.

GST Exemption: Insurance Firms to Reverse ITC

September 4, 2025 13:35

GST exemption impacts insurance firms. They must reverse accumulated ITC, raising costs. Policyholders benefit from premium tax cuts.

SBI Raises USD 500 Million Through Bonds

September 2, 2025 21:38

SBI raises USD 500 million through bonds to fund loan growth. The bonds have a maturity of 5 years and a coupon of 4.50%.

SBI US Dollar Bond Gets BBB Rating from Fitch, S&P

September 2, 2025 13:11

Fitch and S&P rate SBI's proposed US dollar bond issuance at BBB. The bond represents a drawdown from SBI's USD 10 billion program.

Digamber Finance Enters Small Business Loans

September 1, 2025 15:15

Digamber Finance expands into small business loans, targeting 10 states by FY26. Affordable finance for entrepreneurs. AUM to grow by 20%.

SBI & AFD: 100 mn Euro Green Financing for India

August 30, 2025 17:36

SBI partners with AFD for a 100 mn euro Line of Credit to boost green financing in India, supporting climate mitigation and adaptation projects.

SBI & AFD: 100 mn Euro Green Financing for India

August 30, 2025 17:36

SBI partners with AFD for a 100 mn euro Line of Credit to boost green financing in India, supporting climate mitigation and adaptation projects.

PNB Opens Startup Branch in New Delhi

August 27, 2025 15:01

Punjab National Bank launches its first startup-centric branch in New Delhi to support entrepreneurship and innovation. MoU signed with STPI.

Nabard to Raise Maiden ECB in FY26

August 26, 2025 20:53

Nabard plans maiden external commercial borrowing in FY26 after RBI approval. Funds for climate change financing. Details on GIFT City office.

Standard Chartered Opens Largest Branch in Kolkata

August 26, 2025 17:31

Standard Chartered opens its largest Eastern India branch in Kolkata. The new branch reaffirms commitment to the city and Indian market.

CSR Shift to Rural Maharashtra: CM Fadnavis Urges Firms

August 21, 2025 17:22

CM Fadnavis urges corporates to shift CSR focus to backward, remote districts in Maharashtra. Joint effort for rural transformation needed.

Stand-Up India Scheme: Banks Sanction Rs 62,791 Cr

August 19, 2025 16:59

Banks sanctioned Rs 62,791 crore to 2,75,291 beneficiaries under Stand-Up India Scheme. Promotes entrepreneurship among SC/ST and Women.

AU Small Finance Bank Opens 51 New Branches

August 14, 2025 16:44

AU Small Finance Bank launches 51 new branches across India on August 15, 2025, offering financial services and microfinance support.

SBI IMPS Charges Revised Aug 15: Details Here

August 13, 2025 22:14

SBI revises IMPS charges for online transfers above Rs 25,000 from August 15. Check the new charges and exemptions for salary accounts and corporate clients.

DHFL Scam: Sebi Bans Wadhawans, Fines Rs 120 Cr

August 13, 2025 14:48

Sebi bans Kapil & Dheeraj Wadhawan, others from markets for fund diversion in DHFL case. Rs 120 cr penalty imposed. Read details.

Karur Vysya Bank Expands in Maharashtra, AP

August 12, 2025 13:00

Karur Vysya Bank inaugurates new branches in Maharashtra, Andhra Pradesh, and Tamil Nadu. Expansion plans and financial performance updates.

Karur Vysya Bank Expands in Maharashtra, TN, Andhra

August 11, 2025 21:11

Karur Vysya Bank opens new branches in Thane, Trichy, and Kurnool. Edme Insurance Brokers acquires UIB Insurance Brokers local arm.

Lucknow Mule Accounts Fuel Cyber Fraud Network

August 10, 2025 12:12

Lucknow youths are fueling a global cyber fraud network through mule accounts. Police investigations reveal the extent of the scam.

Lucknow Mule Accounts Fuel Cyber Fraud Network

August 10, 2025 10:00

Lucknow youths are unknowingly fueling a global cyber fraud network by providing mule accounts. Police investigation reveals the extent.

Financial Inclusion: Literacy is Key, Says RBI

August 9, 2025 18:07

RBI Deputy Governor stresses financial literacy in inclusion efforts. Re-KYC camps empower customers. Indian Bank initiative in Tiruvallur.

Shriram Life Insurance Q1 Growth: 21% Premium Jump

August 8, 2025 14:55

Shriram Life Insurance reports 21% growth in Q1 individual new business premium. AUM grew 17% to Rs 13,799 crore.

GST Tax Evasion: Arrest in Rs 16.30 Cr Case

August 7, 2025 21:45

GST officers arrest individual for Rs 16.30 cr tax evasion. Investigation reveals under-reporting by manpower supply companies.

GST Officers Bust Fake ITC Racket in Iron & Steel

August 4, 2025 18:46

GST officers uncover a Rs 47.12 crore fake ITC racket in the iron and steel sector. One person arrested for fraudulent availment of ITC.

Nippon India MF Expands to Leh, Focuses on Border Regions

August 3, 2025 15:21

Nippon India MF opens a branch in Leh to boost financial inclusion in border areas, aiming to bridge the financial literacy gap and offer investment opportunities.

Tamilnad Mercantile Bank's Digital Push

August 3, 2025 10:29

Tamilnad Mercantile Bank aims to complete its digital transformation program this fiscal year, including upgrades to net banking, mobile banking, and CRM systems. The bank also reported a 6.27%...

Future Generali India: Rs 10,000 Cr GWP Target by 2030

July 30, 2025 17:46

Future Generali India Insurance aims to reach Rs 10,000 crore gross written premium by 2030, driven by strong growth and strategic acquisitions. Read more on their ambitious expansion plan.

Muthoot Microfin Expands in Assam

July 29, 2025 22:23

Muthoot Microfin expands operations to Assam, highlighting the region's economic potential. Bandhan Bank also opens a new branch in Pandharpur.

Unethical Lending Practices: RBI Warns Banks

July 29, 2025 16:32

RBI Deputy Governor warns of unethical practices in banking due to competition and short-term goals. Emphasis on ethical growth and responsible leadership.

Laxmi India Finance IPO: Rs 75 Cr from Anchor Investors

July 28, 2025 19:57

Laxmi India Finance raises over Rs 75 crore from anchor investors ahead of its IPO, opening July 29-31. The IPO includes a fresh issue and offer for sale, totaling Rs 254.26 crore.

PNB KYC Update Deadline: August 8

July 23, 2025 18:30

Punjab National Bank (PNB) urges customers to update their KYC information by August 8, 2025, to avoid account restrictions. Learn how to update your KYC details.

Laxmi India Finance IPO: Rs 254-cr Issue Opens July 29

July 23, 2025 14:57

Laxmi India Finance sets IPO price band at Rs 150-158 per share for its Rs 254-crore public offering, opening July 29.

Ahmedabad Airport Bomb Threat: Hoax Email

July 22, 2025 20:59

Ahmedabad airport received a bomb threat via email. Security agencies conducted a thorough search, finding nothing suspicious. The threat is deemed a hoax.

Shriram Life, ESAF Bank Partner for Insurance

July 22, 2025 19:37

Shriram Life Insurance and ESAF Bank collaborate to expand life insurance access to underserved communities across India through ESAF's extensive branch network.

Choice International Q1 PAT Jumps 50%

July 21, 2025 17:50

Choice International reports 50% rise in Q1 PAT to Rs 48 cr; revenue up 16%. Strong growth across verticals and increased client assets.

Indian Overseas Bank Confident of Rs 1,000 Cr Profit

July 20, 2025 14:47

Indian Overseas Bank maintains confidence in exceeding Rs 1,000 crore net profit this fiscal year, driven by strong growth and recovery.

RBI on UCB Governance & Risk Management

July 18, 2025 22:04

RBI Deputy Governor emphasizes governance, risk management, and technology adoption for Urban Cooperative Banks (UCBs) to ensure stability and growth. Focus on strengthening corporate governance...

Air India Plane Crash: Review of Preliminary Report

July 12, 2025 18:35

Air India will review the preliminary report of the Ahmedabad plane crash with its pilots. The report indicates fuel supply to both engines was cut off, causing the crash.

Air India Crash: Fuel Flow Cut-off, Pilot Error Suspected

July 12, 2025 18:11

Preliminary Air India crash report points to fuel flow cut-off, raising suspicions of pilot error. Investigation ongoing; no immediate actions recommended.

Crackdown on Substandard Helmets in India

July 5, 2025 13:41

India cracks down on substandard helmets. Centre directs states to take strict action against manufacturers and retailers selling non-BIS certified helmets to ensure two-wheeler rider safety.

Aadhar Housing's 1st All-Women Branch

July 4, 2025 19:37

Aadhar Housing Finance launches its first all-women branch in Indore, MP, promoting women's empowerment in the housing sector. Plans to open 12 more such branches.

IndusInd Bank Opens All-Women Branch in Chennai

July 4, 2025 15:57

IndusInd Bank inaugurated its 12th all-women branch in Chennai, offering full retail banking services in a comfortable environment for women customers.

Mashreq: First UAE Bank in GIFT City

July 2, 2025 17:46

Mashreq gets in-principle approval to open its first branch in GIFT City, becoming the first UAE bank to establish a presence in India's IFSC.

AU Small Finance Bank Appoints New Directors

July 2, 2025 13:32

AU Small Finance Bank announces the appointment of two independent directors and several senior executives across various verticals, strengthening its leadership team and Mumbai operations.

CBI Probes 8.5 Lakh Mule Accounts Scam

June 30, 2025 23:55

CBI investigates 8.5 lakh mule bank accounts used in a pan-India cyber crime conspiracy to launder money. Bank officials under scanner for negligence.

Slice SFB Aims for FY26 Profitability

June 29, 2025 13:42

Slice Small Finance Bank targets profitability by FY26, leveraging digital channels and a new UPI-based credit card. No capital raise planned.

GIC Re's Dubai Branch Faces Rs 90 Cr VAT Demand

June 28, 2025 17:41

GIC Re's Dubai branch received a Rs 90 crore VAT demand notice from the UAE's FTA for discrepancies in returns from 2018-2020. The company is reviewing the notice and plans to file a...

Biocon's Yesafili Gets Health Canada Approval

June 27, 2025 13:09

Biocon Biologics receives Health Canada approval for its biosimilar Yesafili injection, used to treat various eye ailments. Launch is scheduled for July 4, 2025.

8.5 Lakh Mule Bank Accounts Busted by CBI

June 26, 2025 19:03

CBI detects 8.5 lakh mule bank accounts used by cybercriminals for money laundering across 700 branches. Nine suspects arrested in multi-state operation.

Sundaram Home Finance Expands in Madhya Pradesh

June 26, 2025 13:35

Sundaram Home Finance opens two new branches in Madhya Pradesh, targeting Rs 300 crore disbursement this financial year. The company sees strong growth potential in the state.

Bandhan Bank Expands: 18 New Branches

June 23, 2025 16:51

Bandhan Bank opens 18 new branches across Jharkhand, Andhra Pradesh, Bihar & Odisha, expanding its reach to 6300 outlets nationwide.

SBI Upskills 2.36 Lakh Employees with Financial Training & Yoga

June 23, 2025 16:37

SBI announces financial training program for 2.36 lakh employees, along with bi-weekly yoga sessions to improve wellbeing and customer service. Partnership with FPSB India for financial planning...

Rs 183 Cr Fake Bank Guarantee Scam: CBI Arrests 2

June 20, 2025 19:02

CBI arrests two, including a PNB manager, in a Rs 183.21 crore fake bank guarantee scam linked to irrigation projects in Madhya Pradesh. An inter-state gang was involved in fabricating bank...

UGRO Capital Acquires Profectus for Rs 1400 Cr

June 17, 2025 20:23

UGRO Capital Ltd to acquire Profectus Capital Pvt Ltd for Rs 1,400 crore, expanding its MSME loan business and adding Rs 150 crore in annual profit.

Haryana CM Reviews Irrigation Projects

June 16, 2025 21:05

Haryana CM reviews major irrigation & water resource projects worth over Rs 100 crore each, focusing on timely completion and quality.

AI Plane Crash: IMA Seeks Support for Med College Victims

June 14, 2025 17:26

IMA urges Tata Sons to provide financial aid to families of BJ Medical College students killed and injured in the Ahmedabad Air India plane crash. Tata Group has already announced compensation for...

LIC Relaxes Air India Crash Claim Process

June 13, 2025 14:36

LIC has eased claim settlement for Air India crash victims, accepting alternative death proofs & expediting the process. Support also offered by Bajaj Allianz.

Locate IOB: Find Nearest Branches & ATMs

June 10, 2025 16:00

Indian Overseas Bank launches 'Locate IOB' to help customers easily find the nearest branches and ATMs. Access via website or portal.

ICL Fincorp Expands to Bengal with 50 New Branches

June 4, 2025 15:07

ICL Fincorp, a gold loan NBFC, plans to open 50 branches in West Bengal and expand to Jharkhand and Bihar. This expansion aims to boost financial inclusion in eastern India.

Bank of Baroda Opens First Phygital Branch in Kolkata

May 30, 2025 20:22

Bank of Baroda launched its first 'Phygital' branch in Kolkata, combining digital and personalized services. This innovative branch model offers self-service kiosks and in-person assistance.

Maharashtra CM Relief Fund gets FCRA Licence

May 30, 2025 19:17

Maharashtra Chief Minister's Relief Fund receives FCRA licence, enabling it to accept foreign funding for disaster relief and aid to the needy.

Karuvannur Scam: Kerala CM attacks ED

May 29, 2025 20:41

Kerala CM Pinarayi Vijayan criticizes ED's lack of credibility in Karuvannur Cooperative Bank scam case, alleging political targeting of CPI(M) leaders.

IIFL Finance to Open Branches in Jammu & Kashmir

May 25, 2025 13:34

IIFL Finance receives regulatory approval to expand its credit services to Jammu & Kashmir, aiming to provide financial access to underserved communities and support local businesses.

Karur Vysya Bank: 2% Credit Growth Target for FY26

May 25, 2025 10:41

Karur Vysya Bank anticipates 2% higher credit growth than the industry in FY26, with plans for branch expansion and a focus on asset quality.

Gurugram RERA Mandates Newspaper Notice for Project Registration

May 23, 2025 22:19

Gurugram RERA has mandated that promoters must issue a newspaper notice after applying for project registration, increasing transparency and buyer protection.

CBI Chargesheet: BECIL Ex-CMD in Rs 3 Crore Bribery Case

May 23, 2025 19:54

The CBI has filed a chargesheet against George Kuruvilla, former CMD of BECIL, for alleged bribery of Rs 3 crore and fraudulent loan disbursal to a Mumbai-based firm. The chargesheet also names...

Dvara KGFS Raises Funds for Growth: €3M Equity & $5M Bonds

May 23, 2025 10:56

Dvara Kshetriya Gramin Financial Services (Dvara KGFS) secures €3M equity from Sparkassen International Development Trust and $5M in subordinated bonds from FMO. This funding strengthens capital...

Emirates NBD Bank Gets Approval for India Subsidiary

May 19, 2025 19:45

The Reserve Bank of India has granted in-principle approval to UAE-based Emirates NBD Bank PJSC for setting up a wholly-owned subsidiary in India.

Fadnavis Warns Banks: No CIBIL Scores for Farm Loans

May 19, 2025 18:36

Maharashtra CM Devendra Fadnavis has directed banks to disburse agricultural loans to farmers without asking for CIBIL scores, warning of action against those who violate the directive.

SBM Bank India Partners with ICICI Prudential Life Insurance for Bancassurance

May 19, 2025 17:35

SBM Bank India and ICICI Prudential Life Insurance have formed a bancassurance partnership to offer a range of life insurance products to SBM Bank customers, aiming to increase financial protection...

SBI's Record Profit: Digital Cohort Fuels Growth

May 19, 2025 17:10

SBI achieved record profits, but a small digital cohort drives the majority. Expert suggests leveraging YONO to unlock further growth and improve market valuation.

India's GDP Growth Revised Down to 6.3% in 2025: UN

May 16, 2025 08:37

India's GDP growth forecast for 2025 revised downward to 6.3%, despite moderation, country remains one of fastest-growing large economies, says UN report.

Sundaram Home Finance to Raise Rs 6,000 Cr for Growth

May 6, 2025 13:10

Sundaram Home Finance plans to raise over Rs 6,000 crore in FY25 to drive growth, focusing on expanding in Tier II and III towns and the emerging business segment.

Sundaram Home Finance Q4 Net Profit Up 26% to Rs 71.57 cr

May 6, 2025 11:34

Sundaram Home Finance reported a 26% rise in Q4 net profit at Rs 71.57 crore, driven by growth in smaller towns. Disbursements for the quarter reached Rs 1,929 crore.

SBI to Maintain 1% RoA Despite Rate Cuts: Chairman

May 4, 2025 19:13

SBI Chairman C S Setty says the bank will maintain an RoA of over 1% in FY26 despite margin pressure due to easing rate cycle. The bank will also ensure an RoE of over 15%.

Sebi Eases Norms for Stock Brokers in GIFT City

May 2, 2025 19:20

Sebi has relaxed regulations for stock brokers operating in GIFT City, allowing them to operate without prior approval and establish separate business units.

Bandhan Bank Expands Reach with 16 New Branches

April 28, 2025 17:33

Bandhan Bank has opened 16 new branches across 5 states in India, expanding its reach to semi-urban and rural areas. The bank aims to provide innovative solutions for customers.

Insurance Amendment Bill: 100% FDI in Monsoon Session

April 27, 2025 14:03

India's Finance Ministry plans to introduce the Insurance Amendment Bill in Parliament's monsoon session, allowing 100% FDI in the insurance sector. This move aims to boost insurance penetration...

Dubai Chamber Opens Bengaluru Office: Focus on Tech, AI

April 20, 2025 14:56

Dubai Chamber opens its second office in India, signaling strong UAE focus on tech, AI, and startups. The Bengaluru office aims to foster collaboration and investment between the UAE and India.

Sundaram Home Expands in Karnataka, Targets Rs 900 Cr Disbursements

April 18, 2025 15:11

Sundaram Home Finance strengthens its presence in Karnataka with a new branch in Tumkur, aiming for Rs 900 crore disbursements this year. The company sees significant growth potential in smaller...

RBI Issues Master Direction on Deposits, Accounts for Overseas Branches

April 17, 2025 17:48

The Reserve Bank of India (RBI) has issued master directions on deposits and accounts for overseas branches, allowing banks to open rupee accounts for their overseas branches without prior approval...

PNB Launches 34 New Products on 131st Anniversary

April 12, 2025 20:27

Punjab National Bank (PNB) celebrated its 131st foundation day by launching 34 new products, including deposit schemes, digital transformation tools, and customer service enhancements.

International Potato Research Centre to Open in Agra

April 9, 2025 14:54

Uttar Pradesh to establish an International Potato Research Centre in Agra, aiming to boost potato production and research. The initiative will benefit farmers with improved seed varieties and...

Haldiram's Completes Merger: Delhi & Nagpur Branches Combine

April 8, 2025 12:38

Haldiram's Delhi and Nagpur branches have officially merged to form Haldiram Snacks Food Private Ltd, creating a larger FMCG powerhouse. Learn about the merger details and its implications for the...

UBS Completes Credit Suisse Merger in India - 24,000 Strong Team

April 1, 2025 21:48

UBS has completed the merger of Credit Suisse Service Company entities with UBS Business Solutions in India, bringing together a 24,000-strong team under one unified structure.

Karur Vysya Bank Expands Network with 46 New Branches

March 30, 2025 15:20

Karur Vysya Bank has inaugurated 46 new branches in FY 2024-25, expanding its network to 888 branches across India. The bank offers a wide range of banking products and financial services.

Tamilnad Mercantile Bank Expands Nationwide with 6 New Branches

March 29, 2025 15:10

Tamilnad Mercantile Bank opens six new branches across India, including Ayodhya, UP, as part of its nationwide expansion plan. The bank also reports strong financial performance.

IREDA Secures 26 Billion Japanese Yen Loan for Renewable Energy

March 28, 2025 12:09

IREDA, a state-owned renewable energy financier, secured a 26 billion Japanese Yen loan from SBI's Tokyo branch to support India's renewable energy sector.

Shriram Finance Grows SME Loan AUM in TN | Q3 2024

March 27, 2025 20:19

Shriram Finance sees strong growth in SME loans in Tamil Nadu, reaching Rs 8,938.61 crore in Q3 2024. The company aims to expand its branch network and digital lending to support SMEs.

Shriram Finance Aims to Dominate Gold Loan Market

March 18, 2025 18:55

Shriram Finance Ltd is looking to expand its gold loan business, aiming to capture a larger share of the growing market. The company plans to introduce gold loans in more branches and streamline...

Sundaram Home Expands in Chennai, Aims for Rs 50 Cr Disbursements

March 18, 2025 16:11

Sundaram Home Finance expands its Chennai presence, targeting Rs 50 crore in disbursements over the next year. The company also aims to double its Emerging Business segment disbursements.

RBI Governor Urges Banks to End KYC Document Re-Submission

March 17, 2025 22:13

RBI Governor Sanjay Malhotra calls for an end to repeated KYC document requests by banks, citing inconvenience to customers. He also stresses the importance of complaint redressal and using AI for...

Karur Vysya Bank Expands Branch Network to 880

March 16, 2025 16:06

Karur Vysya Bank expands its branch network to 880 with new branches in Andhra Pradesh, Karnataka, and Vellore, offering a full range of banking services. The bank reported a total business of Rs...

Carnelian Asset Management Targets USD 2 Billion AUM by FY'26

March 16, 2025 13:18

Carnelian Asset Management aims to reach USD 2 billion in assets under management by March 2026, despite current market conditions. The firm plans to expand its presence in seven new cities and...

Satin Creditcare Secures USD 100 Million Loan

March 13, 2025 15:22

Satin Creditcare Network Ltd has raised USD 100 million in a syndicated social loan from Standard Chartered Bank and six Sri Lankan banks, aiming to expand financial services in underbanked regions.

Housing Loans Surge 14% to Rs 33.53 Lakh Crore in Q2FY24: NHB

March 12, 2025 18:40

India's housing loan outstanding reached Rs 33.53 lakh crore in Q2FY24, a 14% YoY increase. NHB's report highlights growth drivers and regional disparities in credit flow.

IIFL Finance Opens 'Shakti' Branches for Women's Day

March 9, 2025 16:18

IIFL Finance celebrates International Women's Day by opening 7 'Shakti' branches, empowering women with gold loans and financial literacy programs.

Axis Bank Finances Air India's Training Aircraft | GIFT City

March 7, 2025 20:41

Axis Bank's GIFT City branch provided financing for Air India's purchase of 34 training aircraft, marking a significant milestone in India's aviation finance sector.

Bank of India Opens 111 New Branches Across India

March 4, 2025 21:23

Bank of India has opened 111 new branches across India, taking its total branch count to over 5,000. The bank also announced a number of other initiatives.

Sundaram Home Finance Opens 50th Branch, Eyes Expansion

March 4, 2025 10:42

Sundaram Home Finance has inaugurated its 50th 'Emerging Business' branch in Arani, Tamil Nadu, as part of its expansion drive. The company plans to open 50 more branches outside the state and...

RBI Fines Magadh Bank Rs 1 Lakh for KYC Violation

March 3, 2025 21:20

The Reserve Bank of India has imposed a Rs 1 lakh penalty on Magadh Central Co-operative Bank for failing to comply with KYC guidelines. The bank did not conduct periodic reviews of customer risk...

Sundaram Home Finance Targets Rs 400 Cr Disbursements in Emerging Business

February 25, 2025 11:47

Sundaram Home Finance aims to double disbursements to Rs 400 crore in the Emerging Business segment within the next year, expanding into AP and Telangana. The company offers small business loans...

Standard Chartered Opens Priority Centers in India

February 24, 2025 20:28

Standard Chartered Bank is opening priority centers in 10 Indian cities by 2025 to cater to high net-worth clients. These centers will offer specialized services to affluent customers.

RBI Allows Rs 25,000 Withdrawal from New India Co-op Bank

February 24, 2025 19:30

The Reserve Bank of India (RBI) has allowed depositors of New India Co-operative Bank to withdraw up to Rs 25,000 from their accounts, effective February 27, 2025. This relaxation comes after the...

Moneyboxx Finance AUM Rises 56% to Rs 837 Cr

February 24, 2025 16:44

Moneyboxx Finance reports 56% AUM growth to Rs 837 crore, driven by branch expansion and secured lending. The company also strengthened its capital position with an equity raise.

India's Social Security Coverage Rises to 48.8%: Mandaviya

February 24, 2025 15:49

India's social security coverage has significantly increased, reaching 48.8% in 2024, highlighting the country's commitment to social justice. Union Labour Minister Mansukh Mandaviya highlights key...

Bank of Maharashtra Cuts Retail Loan Interest Rates

February 23, 2025 13:19

Bank of Maharashtra has reduced interest rates on retail loans, including home and car loans, following RBI's repo rate cut. The move aims to offer competitive financing solutions to customers.

Bandhan Bank Expands: 9 New Branches Across 3 States

February 20, 2025 20:47

Bandhan Bank opens nine new branches in West Bengal, Uttar Pradesh, and Maharashtra, bringing its total network to over 6,300 outlets. The expansion strengthens its presence in key markets for...

PNB Cuts Retail Loan Rates by 25 bps: Home, Auto Loans Cheaper

February 20, 2025 13:27

Punjab National Bank (PNB) has reduced interest rates on retail loans, including housing and auto loans, by up to 25 basis points following the RBI rate cut. The revised rates are effective from...

PNB Reports Rs 270.57 Crore Loan Fraud by Gupta Power Infrastructure

February 18, 2025 21:08

Punjab National Bank (PNB) has reported a Rs 270.57 crore loan fraud by Gupta Power Infrastructure Ltd. The fraud, involving a non-performing asset account, was reported to the Reserve Bank of India.

Bank of Maharashtra Opens GIFT City Branch: RBI Approval

February 16, 2025 12:52

Bank of Maharashtra has received RBI approval to establish an International Financial Services Centre (IFSC) Banking Unit at GIFT City, its first international branch, enabling offshore banking...

Deregulation Commission: PM Modi's Vision for Reduced State Role

February 15, 2025 23:10

PM Modi announces the formation of a deregulation commission to reduce state's role in governance, emphasizing ease of doing business and promoting private sector growth.

ED Seizes Rs 1,646 Crore Crypto Fund in PMLA Case

February 15, 2025 20:02

ED seizes largest-ever cryptocurrency worth Rs 1,646 crore in a PMLA case against BitConnect, a fraudulent investment scheme. The agency tracked numerous crypto wallets and seized assets worth Rs...

DBS Bank India Opens Flagship Branch in Coimbatore

February 14, 2025 20:06

DBS Bank India has opened a new flagship branch in Coimbatore to serve high net worth individuals, large corporates, and SMEs. The branch offers a full suite of offerings to NRIs and private...

Climate Reality Project Launches Global AI-Powered Tour

February 14, 2025 13:54

Al Gore's Climate Reality Project launches global REALITY Tour with AI-powered presentations in 12 languages, including Hindi, ahead of COP30.

PNB Scam: Court Allows Auction of Mehul Choksi's Properties

February 13, 2025 21:57

A Mumbai court has allowed the auction of 13 properties owned by Mehul Choksi's Gitanjali Gems, the prime accused in the PNB loan fraud case. The decision was made to prevent the properties from...

CGPDTM Admin & Finance Shift to Delhi: Goyal Clarifies

February 13, 2025 21:44

Commerce Minister Piyush Goyal clarifies that only the administration and finance division of the CGPDTM is shifting to Delhi, while the head office remains in Mumbai. The move aims to support...

Ex-BoI Official Sentenced in 2003 Fraud Case

February 11, 2025 15:09

A former Bank of India official has been sentenced to 3 years in prison for fraud involving Rs 80 lakh in 2003. The CBI investigated the case and found the official guilty of forgery and corruption.

Shriram Life Posts 49% Rise in Retail New Business

February 6, 2025 18:49

Shriram Life Insurance Company Ltd reported a 49% increase in retail new business for the April-December 2024 period, reaching Rs 865 crore, the company said on Thursday.

Sundaram Home Finance Targets Rs 50 Cr Disbursements in Chennai

January 21, 2025 10:42

Sundaram Home Finance opens a new branch in Tambaram, Chennai, targeting Rs 50 crore disbursements in the next 12 months. The company focuses on affordable housing and small business loans.

HSBC to Open 20 New Branches in India

January 17, 2025 21:20

HSBC is expanding its India presence with 20 new branches, focusing on international wealth and premier banking. The bank received RBI approval for locations like Dehradun, Faridabad, Indore, and...

PNB's Ashok Chandra, Indian Bank's Binod Kumar Take Charge

January 16, 2025 19:43

Ashok Chandra takes over as MD of PNB, while Binod Kumar assumes leadership of Indian Bank. Learn about their backgrounds and the transitions.

SFB NPAs to Rise, Loan Growth to Slow in FY25: Icra

January 15, 2025 20:57

Icra forecasts an increase in SFB NPAs and a slower loan growth rate in FY25, citing concerns in the microfinance sector. Asset growth is expected to slow to 18-20%, down from 24% in FY24.

Karur Vysya Bank Expands in Tamil Nadu with Two New Branches

January 5, 2025 18:15

Karur Vysya Bank has opened two new branches in Tamil Nadu, bringing its total branch network in the state to 475. The bank also added 28 new branches across India this fiscal year.

RBI Holds Financial Literacy Program for Visually Challenged

January 4, 2025 17:14

RBI's Bhubaneswar branch organized a financial literacy program for visually challenged persons, distributing Braille booklets and addressing their queries.

EPFO Launches Centralized Pension System: 68 Lakh Pensioners Benefit

January 3, 2025 17:57

EPFO's new Centralized Pension Payments System (CPPS) is now live across India, enabling pensioners to withdraw their benefits from any bank. Over 68 lakh pensioners will benefit from the...

RBI Approves Rajat Verma as DBS Bank India CEO

December 30, 2024 19:41

The Reserve Bank of India has approved Rajat Verma as the new CEO of DBS Bank India, succeeding Surojit Shome who retires in February 2025.

India's Labour Reforms & Social Security in 2025

December 30, 2024 16:19

India's government plans to prioritize labor reforms, social security for informal workers, and transformative policies in 2025 to boost the economy and empower workers. Key focus areas include...

India's Labour Reforms and Social Security Plans for 2025

December 30, 2024 10:05

India plans to implement labour codes, provide social security to informal workers, and introduce transformative policies in 2025 to boost the economy.

Sundaram Home Finance Enters Andhra Pradesh Market

December 24, 2024 15:33

Sundaram Home Finance launches its Emerging Business segment in Andhra Pradesh, aiming for Rs 75 crore disbursements through 12 branches and offering small business loans and affordable housing...

Journalist Mahesh Langa Arrested in GST Evasion Case

December 20, 2024 21:30

Mahesh Langa, already in jail for GST fraud, arrested by Rajkot police in a separate case of GST evasion. The crime branch is investigating the alleged role of the journalist in the case.

Laxmi India Finance Files IPO Papers with Sebi

December 19, 2024 15:15

Laxmi India Finance, an NBFC, has filed draft papers with Sebi for an IPO to raise funds. The IPO includes a fresh issue of shares and an offer for sale by promoters. The proceeds will be used to...

Karur Vysya Bank Expands in TN with 4 New Branches

December 15, 2024 19:05

Karur Vysya Bank has opened 4 new branches in Tamil Nadu, expanding its network to 862. The bank aims to strengthen its presence and offer a full range of banking services.

Satin Creditcare Focuses on Risk Management for Growth

December 15, 2024 11:17

Satin Creditcare Network Ltd (SCNL) is prioritizing innovative risk management and efficient collection mechanisms to drive growth amid industry challenges. The company's Chairman discusses...

India's Youth Vital for SDGs: UN Envoy

December 15, 2024 08:19

India's UN envoy highlights the crucial role of young people in achieving the SDGs, green energy transition, and national development.

AI Shrinks Photonics Timeline: CloudPhotonix CTO

December 12, 2024 21:34

CloudPhotonix CTO Sunil Khatana discusses how AI is accelerating photonics technology development, particularly in the area of high-speed transceivers. Learn about the company's vision to become a...

Identical Brains Studios IPO: Rs 20 Cr Raise on Dec 18

December 12, 2024 16:48

VFX firm Identical Brains Studios to raise Rs 20 crore through an IPO on December 18. The IPO will open on December 18 and conclude on December 20.

PNB Fraud: ED Restitutes Rs 2,500 Cr Assets of Mehul Choksi

December 10, 2024 18:35

The Enforcement Directorate has begun returning over Rs 2,500 crore worth of assets seized from Mehul Choksi, an absconding businessman accused in the PNB loan fraud case.

Aadhar Housing Finance Expands in Rajasthan with 5 New Branches

December 9, 2024 19:39

Aadhar Housing Finance opens 5 new branches in Rajasthan, expanding its reach to 54 branches in the state and 560 across India. The company provides affordable home loans to low-income groups and...

SMFG India Secures €91 Million Loan from Deutsche Bank

December 9, 2024 13:11

Deutsche Bank has provided a €91 million loan to SMFG India Credit for onlending to small businesses and women borrowers in underserved areas. The sustainability-linked loan promotes financial...

Axis Securities Settles Front-Running Case for Rs 14.62 Lakh

December 4, 2024 17:11

Axis Securities has settled a case involving front-running trades by its dealer, Vikrant Kadam, and his friend, after paying Rs 14.62 lakh to Sebi. The case alleged that Axis Securities failed to...

SBI Requests RBI to Allow Non-Financial Transactions for Account Activation

December 4, 2024 12:52

SBI has written to the RBI, urging the consideration of non-financial transactions, like balance checking, for tagging an account as operative, highlighting the issue of dormant accounts under...

PNB Housing Aims for Rs 5,000 Cr Affordable Loan Book by FY25

December 3, 2024 17:23

PNB Housing Finance targets Rs 5,000 crore loan book in affordable segment by FY25, driven by PMAY 2.0 and branch expansion. The company also plans to launch a new vertical for Loan Against Property.

International Potato Center to Open Branch in Agra

December 2, 2024 22:06

Peru-based International Potato Center (CIP) will establish a branch in Agra, India, to improve potato yields and farmer incomes. The center will provide access to high-quality potato seeds,...

EPFO Invests Rs 34,208 cr in ETFs: Parliament

December 2, 2024 19:14

EPFO invested Rs 34,207.93 crore in exchange traded funds (ETFs) during April-October 2024, Parliament was informed. Learn more about EPFO's investment strategy and its impact on retirement funds.

SBI to Open 500 New Branches in FY25 | Latest News

December 2, 2024 16:05

State Bank of India (SBI) plans to open 500 new branches across India in FY25. The bank has already opened 135 new branches till October 31, 2024.

Company Name
Price
Volume

Alstone-Textiles
0.31 (+ 3.33)
100619449

Vodafone-Idea-L
10.73 (+ 4.28)
72234499

Mehai-Technology
1.83 (+ 3.98)
38004435

Spicejet-Ltd
34.31 (+ 5.57)
36230618

Murae-Organisor
0.28 (+ 3.70)
34430827

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CBI Books Jai Anmol Ambani in Bank Fraud Case

Federal Bank Opens 1600th Branch in Delhi

CBI Probes Jai Anmol Ambani in Bank Fraud Case

Areion AMC Raises Rs 125 Cr Special Situation Fund

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HC Orders Deletion of Malabar Gold & Pakistan Posts

VinFast Partners with SBI for Dealer Financing

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Gold Loans: Indel Money, Axis Bank, Bank of Baroda

HDFC Bank Barred in Dubai: New Client Onboarding Stopped

Glottis IPO: Raises Rs 55 Cr from Anchor Investors

NCCF Targets 45% Turnover Growth to Rs 12,000 Cr

StanChart India: No New Branches, Focus on Large Formats

Glottis IPO Opens Sep 29: Price at Rs 120-129/Share

Lodha Ex-Director Fraud Case: Land Sale to Son

CBI Court: 5 Years RI for Forgery in Insurance Claim

SBI Expands in Tamil Nadu: New Branches & Initiatives

Lodha Developers Ex-Director Arrested in Fraud Case

ESIC Health Camps: Swasth Nari, Sashakt Parivar

Car Loan Cancellations Due to GST Rate Cut

Haryana: Projects Over Rs 100 Cr Get Completion Push

PNB Fraud Case: Executive Director Discharged

Godrej to Develop 1,000 Acres in Vikhroli

Ujjivan SFB to Raise Rs 2,000 Cr via QIP

GST Council Boosts Tech Exports, Ease of Business: Nasscom

Silver Jewellery Hallmarking: Digital Traceability

GST Exemption: Insurance Firms to Reverse ITC

SBI Raises USD 500 Million Through Bonds

SBI US Dollar Bond Gets BBB Rating from Fitch, S&P

Digamber Finance Enters Small Business Loans

SBI & AFD: 100 mn Euro Green Financing for India

SBI & AFD: 100 mn Euro Green Financing for India

PNB Opens Startup Branch in New Delhi

Nabard to Raise Maiden ECB in FY26

Standard Chartered Opens Largest Branch in Kolkata

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Karur Vysya Bank Expands in Maharashtra, AP

Karur Vysya Bank Expands in Maharashtra, TN, Andhra

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