All requests for withdrawal of funds were turned down, with banners at branch gates saying deposits would be paid back in ...

New India Co-Operative Bank collapsed in Mumbai today. RBI barred the bank from offering new loans, and deposits. Depositors ...

The Reserve Bank of India will step up its liquidity infusion and inject over $16 billion next week into the banking system, ...

PK Tripathi has been appointed as the interim chair of Religare Enterprises following Rashmi Saluja’s ouster, confirmed by ...

During the three-day official visit to the United Arab Emirates, President Anura Kumar Disanayake met with Sheikh Abdullah ...

The government plans to warn users about DeepSeek over data privacy and cyber security risks. This and more in today’s ETtech ...

Banks are intensifying competition with fintechs in merchant payments and beyond. This and more in todays ETtech Morning ...

The government plans to set up BharatTradeNet, a unified platform for trade documentation and financing solutions similar to ...

The RBI's annual report for the Integrated Ombudsman Scheme reveals that 934,355 complaints were filed against lenders in ...

By signing up for a money transfer app, you are, in essence, making it possible for anyone to send you a digital payment without viewing any of your secure account information, just your user ID ...

A December 2022 Nilson Report study forecasted that payment card losses, including credit and debit cards, could top $165 billion in the U.S. over the next ten years. Both digital and physical ...

In a statement, the RBI said it has imposed a penalty of Rs 65 lakh on Equitas Small Finance Bank for non-compliance with certain directions on ‘Levy of Foreclosure Charges/Pre-payment Penalty on ...