The Latest Breaking News on Financial Services

India is in a sweet spot to grow robustly despite global turmoil and monsoon risks. RBI Deputy Governor M. Rajeshwar Rao inaugurated the first annual seminar on ‘Banking regulation, intermediary soundness and systemic stability’ at IIM-Kozhikode. He said credit risk management tools, especially for risk transfer or migration, are essential.…

Two persons arrested in Gujarat's Surat for forging documents like Aadhaar, PAN cards, and voter IDs. They accessed govt. database, forged two lakh identity proof documents and sold them for ₹15-200 each. Police arrested six persons, two of whom were masterminds behind the crime.

The ED has arrested Jet Airways founder Naresh Goyal in a money laundering case linked to an alleged bank fraud of ₹538 crore at the Canara Bank

“We are now getting requests from neighbouring Andhra Pradesh and Odisha too. While organ donation is picking up in Karnataka, awareness about the concept of skin donation is yet to catch up,” said K.T. Ramesh, Head of the Department of Plastic Surgery in Bangalore Medical College and Research Institute (BMCRI).

With September marking 10 years since the launch of the Current Account Switch Service, here’s what to consider when moving accounts. By Vicky Shaw.

With September marking 10 years since the launch of the Current Account Switch Service, here’s what to consider when moving accounts. By Vicky Shaw.

After showing signs of stability following the failure of three regional banks, the U.S. banking industry faces the challenge of higher borrowing costs arising from rating downgrades by top credit rating agencies. In this scenario, it could be wise to look beyond borders and buy fundamentally strong foreign bank stocks…

Regulatory scrutiny has tightened following the failures of First Republic Bank, Silicon Valley Bank and Signature Bank.

Russia is launching Islamic banking for the first time as part of a two-year pilot programme on September 1.