Ethereum is the most targeted blockchain with over $228 million lost and centralised exchanges (CEXs) are primary targets for hackers, accounting for over 50% of the stolen funds

The revised scheme expands umbrella to cover senior executives in the rank of chief manager and above

If banks lose talented employees, especially at the junior and frontline levels, they are not just losing people they are losing experience, customer relationships, and operational continuity: RBI Deputy Governor

RBIs root cause analysis indicates a set of issues, including high pendency at bank level in periodic update of KYC details of the customers

RBI clarified that its officials are not involved in or support any such activities

When mutual funds are trying hard to tap beyond the top 30 cities, there is so much work that needs to be done in the top cities itself

PhonePe and Google Pay continue to dominate the UPI market share

NBFC does not partner with any fintech for gold loan biz

Life insurers products to be available at142 Bandhan Bank branches across Delhi; to expand footprint in more Northern States in coming days, saysIndranil Dutta, Chief Business Officer-Bancassurance

The government owns more than 93% in these banks and plans to dilute its stake through an open market sale

He highlighted that Aadhaar, which provides a digital identity to over 1.3 billion people, and AEPS have made secure banking accessible even in remote villages

Sitharaman said, From 100 branches at the time of the 1920 amalgamation to 22,640+ branches today, with plans to add 500 more in FY25, SBI continues to expand its reach

Also concluded issue of $500 million at 5.125 per cent coupon, payable semi-annually

Lenders must find alternate avenues to raise funds, rather than relying entirely on bank deposits

Finance Minister Nirmala Sitharaman emphasizes the need for affordable bank interest rates to boost industries and economic growth

Buoyed by its early success in Coimbatore, where it had opened a branch last year, the company has now opened a new Emerging Branch (EB) in Pollachi

As per data sourced from CoinMarketCaps website, Dogecoins volume increased from $6.24 billion on November 10 to $28.32 billion on November 12

NBFCs co-lending AUM was nearing 1 lakh crore in April, after 5 years of existence

Republican Senator Cynthia Lummis bill would greatly expand the scope of what Trump so far has indicated is his plan for a strategic Bitcoin reserve

CTBC Bank, HSBC Holdings Plc and Taipei Fubon Bank are arranging the five-year loan, which carries an interest margin of 92.5 basis points over the risk-free Secured Overnight Financing Rate

The new MCLR rates are 8.55% for three months, 8.90% for six months, and 9% for one year