ICICI Bank ordered to refund Rs 5.18 lakh in FedEx scam
The Nagpur District Consumer Disputes Redressal Commission has ordered ICICI Bank to refund over Rs 5.18 lakh with 9% annual interest to a woman who lost Rs 6.93 lakh in a FedEx…
All posts tagged in banking4- Page
41Articles
Standard Chartered gets IFSCA nod for GIFT City wealth services
Standard Chartered has received in-principle approval from the International Financial Services Centres Authority to distribute capital market products from GIFT City. The approval clears the way for the bank to launch retail…
Auto-sweep can earn FD rates on surplus savings funds
Banks’ auto-sweep service can move money above a set balance in a savings or current account into a fixed deposit, Business Today Bazaar reports. The account holder continues to keep the chosen…
RBL Bank sets August 14 record date for Rs 1 dividend
RBL Bank has fixed August 14, 2026, as the record date for its Rs 1-a-share final dividend for the year ended March 31, 2026. The payout requires shareholder approval at the bank’s…
RBI Tightens Loan Recovery Rules, Restricts Device Locking
The Reserve Bank of India has issued final rules making banks responsible for recovery agencies and outsourced loan collection. The framework takes effect on January 1, 2027. Banks must adopt board-approved recovery…
Indian Bank Targets ₹35 Lakh Crore Business By 2032
Indian Bank aims to reach ₹35 lakh crore in total business by 2032, Managing Director and CEO Binod Kumar said. The lender crossed ₹15 lakh crore in June and added more than…
Capital One Seeks Dismissal of Trump Organization Banking Lawsuit
Capital One has asked a US federal court to dismiss a lawsuit filed by the Trump Organization and Eric Trump. They allege the bank closed their accounts for political reasons. Capital One…
Eight Convicted in SBI Chengam Branch Loan Fraud Case
A special CBI court in Chennai convicted eight people, including two former State Bank of India officials, in a fraud case involving the bank’s Chengam branch. Each was sentenced to 10 years’…
HDFC Bank chairman rejects systemic governance concerns
HDFC Bank chairman Rajiv Kumar said the lender has no systemic governance or ethics concerns, while promising stronger controls and zero tolerance for unethical practices. His remarks came after former chairman Atanu…
Rs 10 and Rs 20 polymer notes likely by early FY28
Rs 10 and Rs 20 polymer banknotes are likely to enter circulation at the beginning of FY28, RBI Governor Sanjay Malhotra said, according to The Times of India. The Reserve Bank of…
Ashin Xavier: interesting
IO Repro: Repro test v4 after fix 2 Oct. Safe to trash.
IO Repro: Repro test v3 after fix 2 Oct. Safe to trash.
IO Repro: Repro test after fix 2 Oct. Safe to trash.