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Articles for Banking & Finance

CBI Examines UCO Bank Accounts: Thousands Opened Around Transfer Dates For Surprise Credits

The agency is examining a case where more than 41,000 UCO Bank customers received unanticipated credits between 10-13 November, with no corresponding debits in the originating accounts

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BJP MLC-Led Cooperative Bank To Handle Payment Of Teachers' Salaries

Presently, over 1,500 schools with around 21,000 employees receive their salaries through Union Bank of India, a nationalised bank

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Federal Bank Raises Fixed Deposit Rates For Residents & Non-Residents

Federal Bank modifies deposit rates, increasing rates for residents and non-residents

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Executive Director Madhivanan Balakrishnan Resigns From IDFC First Bank

In his resignation letter, Balakrishnan cited an opportunity in the healthcare sector aligned with his family's long-term plans

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Tech-Enabled Initiatives Driving Canara HSBC Life Insurance's Market Expansion: Anuj Mathur

Anuj Mathur, MD and CEO of Canara HSBC Life Insurance, talks about strategies anchored in innovation and enhanced customer experience for future market leadership

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CBI Initiates FIR As 41,000 UCO Bank Customers Receive Rs 820 Cr Credit

Over 8.53 lakh IMPS transactions from 14,000 private bank accounts result in Rs 820 crore credited to UCO Bank customers in 3 days

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Indian Banks Continue To Stand Strong, Resilient; Over Rs 15,000 Cr Restituted To PSBs: Sitharaman

In Rajya Sabha, Sitharaman said that the banks had recovered Rs 33,801 crore from wilful defaulters by 31 March this year with over Rs 15,000 crore returned through Enforcement Directorate actions under the PMLA

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ICICI Lombard Unveils MaxProtect For High-value Coverage

MaxProtect provides a choice between two customer-focused insurance plans, MaxProtect Classic plan and MaxProtect Premium plan

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