Bank Latest News, Photos and Videos

Alert for Debit card users! HDFC Bank says don't do this or else fraudsters can steal your money
July 17, 2019 15:24 IST
If you are debit card or cards user and regularly visit bank ATM for cash transaction, then you should not miss the alert issued by HDFC Bank or else you might end up making a big mistake that will lead fraudsters to steal your hard-earned money from your bank account. HDFC Bank has also shared few tips for debit card users while visiting the bank to prevent them from becoming a victim bank ATM fraudster.
Banks bad loans down at Rs 9.34 lakh cr at FY19-end: Nirmala Sitharaman
Business | July 16, 2019 16:13 IST
Total bad loans of commercial banks declined by Rs 1.02 lakh crore to Rs 9.34 lakh crore in the 2018-19 fiscal on the back of steps taken by the government, Finance Minister Nirmala Sitharaman said Tuesday.
Online banking fraud: 7 tips to ensure fraudsters can't swindle your money
July 14, 2019 15:49 IST
Online banking has reduced customers tensions for basic transactions and allow individuals to conduct financial transactions on a finger tip via the Internet. However, along with a bunch of ease, online banking comes with risk and fraud threat. Here are 7 online banking tips you must follow to avoid fraud
Got complaints about banks not sanctioning, delaying disbursement under PMAY(U)'s CLSS scheme: Govt
India | July 11, 2019 10:23 IST
A grievance redressal mechanism has been put in place in the Ministry and at Central Nodal Agencies (CNAs) such as National Housing Bank (NHB) and Housing and Urban Development Corporation Ltd. (HUDCO), he said.
Banks reported 44,016 cases of fraud involving Rs 1,85,624 crore in last 11 years
Business | July 09, 2019 17:41 IST
The year 2016-17 witnessed reporting of 3,927 cases of fraud involving an amount of Rs 25,883.99 crore, which was the highest in the last 11 years, Minister of State for Finance Anurag Singh Thakur said in a written reply to the Rajya Sabha.
Online banking fraud alert: HDFC says fraudsters stealing money via UPI banking; all you need to know
July 10, 2019 15:34 IST
HDFC Bank has issued a warning for all online banking users. According to HDFC bank alert, fraudsters are stealing money from users’ bank accounts via UPI. Hackers take the remote access of users' mobile phones through a remote device control app called AnyDesk, according to HDFC alert.
Credit Card Bill Payment: Tired of long pending dues? Here're easy tips to get rid of credit card debt
Business | July 08, 2019 18:46 IST
It's hard to manage the credit balance bill and pay-off long pending dues, if one fails to pay the due bill on time. Howe, later it becomes a big challenge to get rid off. Adding to backdated credit card bill and unpaid EMIs come with a host of charges, which makes your repayment even more difficult.
University student arrested for Hollywood-style Kotak Mahindra Bank robbery attempt in Sahadara
July 08, 2019 10:46 IST
The accused, identified as Prabhjot Singh (25) and Sukhdev Singh (19), were arrested while a third person, Inderjeet, who had brought the pistol used to commit the crime, has been absconding, they said.
Banks were cheated off Rs 71,543 crore in financial Year 2019
Budget | July 04, 2019 20:27 IST
Banks have reported a massive 73 percent increase in incidents of fraud worth Rs 71,543 crore in FY19, a senior Reserve Bank official said Thursday. Till March 2019, the top five, 10 and 100 cases of frauds cumulatively reported constituted 24 percent, 34 percent and 70 percent of all frauds, respectively, a chief general manager with the RBI Jayant Dash said.
10 charismatic pictures of Rhea Chakraborty which will make you crush on her
Entertainment | July 03, 2019 13:21 IST
Rhea Chakraborty is a prominent video jockey, she made her Bollywood debut with Ashima Chibber's Mere Dad Ki Maruti.
Bharti Airtel, Bharti Enterprises infuse Rs 325 crore in payments bank
India | July 02, 2019 19:10 IST
In response to an email query sent by PTI on the issue, Airtel Payments Bank Managing Director and CEO, Anubrata Biswas said that the company will continue to invest in ramping up operations to tap the "enormous opportunity presenting itself".
Bank loan fraud: ED attaches Rs 110-cr assets of Simbhaoli Sugar company
India | July 02, 2019 16:18 IST
The Enforcement Directorate said a provisional order was issued under the Prevention of Money Laundering Act (PMLA), for attachment of properties like land, buildings, plant and machinery of the distillery unit of the company located in Simbhaoli, Hapur in Uttar Pradesh. The attached assets worth about Rs 110 crore of Simbhaoli Sugars Limited, one of India's largest sugar mills, in connection with a money laundering probe against the firm related to an alleged bank loan fraud.
50 raids, 18 cities and Rs 640 crore: CBI’s ‘special drive’ against banking frauds
India | July 02, 2019 20:14 IST
CBI carries out 'special operation' against banking fraud accused at 50 locations across country
RBI relaxes leverage ratio for banks to boost their lending capacity
Business | June 29, 2019 10:09 IST
The leverage ratio, as defined under Basel-III norms, is Tier-I capital as a percentage of the bank's exposures. The framework is designed to capture leverage associated with both on- and off-balance sheet exposures.
Bank of Maharasthra to raise up to Rs 3,000 crore equity capital
June 27, 2019 21:30 IST
The decision was taken at the bank's annual general meeting held on June 27, 2019.
Insolvency proceedings initiated against Jet Airways
Business | June 23, 2019 15:54 IST
The cash-strapped company became the first domestic airliner to go into bankruptcy after the Mumbai bench of the National Company Law Tribunal (NCLT) admitted an insolvency petition filed by SBI on behalf of 26 lenders on June 20.
Rs 12,305cr disbursed so far to farmers under PM-KISAN scheme
India | June 21, 2019 17:02 IST
The scheme provides a payment of Rs 6,000 per year in three equal instalments of Rs 2,000 to beneficiaries.
Maruti Suzuki partners Bank of Baroda for vehicle finance
Business | June 21, 2019 15:42 IST
Maruti Suzuki India on Friday said it has joined hands with Bank of Baroda to support dealer inventory financing and customer auto loans.
Man arrested for duping woman of Rs 4.49 lakh
June 17, 2019 11:13 IST
According to the police, the accused has been identified as Jitender, a resident of Brijpuri in Delhi. He committed the crime with the help of e-wallet and a banking application.
Two operational creditors take Jet to NCLT, hearing on June 13
India | June 10, 2019 18:27 IST
The tribunal issued notices to Jet Airways and banks which own the airline now and posted the matter for further hearing on June 13 when it will decide on admitting or rejecting the bankruptcy pleas.