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SBI: Headcount Decline Not Due to Tech or AI
SBI clarifies its employee headcount decline isn't due to tech or AI but retirement and hiring.
Apr 510 min read
Government Plans 20% Divestment in Five Public Sector Banks
India's government plans to divest up to 20% in five public sector banks over four years. Learn about this Public Sector Bank Divestment strategy.
Feb 275 min read
Deposit Insurance Hike on the Anvil: Increased Coverage for Bank Deposits
Deposit Insurance Hike being considered to increase coverage from ₹5 lakh to ₹15 lakh. Learn more about the potential changes and their impact.
Feb 244 min read
Mizuho Bank Safe Deposit Theft: Employee Stole Millions in 2019
Mizuho Bank admits employee stole millions from safe deposit boxes in 2019. The delayed disclosure and subsequent actions are detailed. Mizuho Bank Safe Deposit Theft.
Feb 197 min read
Capital One Savings Lawsuit: CFPB Alleges Misleading Customers on Interest Rates
The CFPB is suing Capital One for allegedly misleading customers about savings account interest rates potentially costing customers billions. Learn more about the Capital One Savings Lawsuit.
Feb 45 min read
Bangladesh Bank Fraud Investigation: $17 Billion Missing Big Four Firms Involved
Bangladesh's central bank investigates $17 billion missing from banks engaging top firms like EY Deloitte and KPMG. Bangladesh Bank Fraud Investigation underway.
Jan 298 min read
IDFC First Bank Stock Drop: Q3 Profit Halves Analysts React
IDFC First Bank stock plunged 5% after Q3 net profit halved. Analysts offer mixed reactions with some predicting continued challenges. IDFC First Bank Stock Drop.
Jan 286 min read
IDBI Bank Disinvestment: Due Diligence Begins Sale to Conclude by H1FY26
IDBI Bank's disinvestment process is underway with due diligence commencing. The sale involving a 60.72% stake is expected to conclude by the first half of FY26.
Jan 226 min read
Billionbrains IPO Banking: JPMorgan Kotak Mahindra Selected for Mumbai Offering
Billionbrains IPO Banking: Learn about Billionbrains Garage Ventures' upcoming Mumbai IPO and the banks involved including JPMorgan and Kotak Mahindra.
Jan 208 min read
Digital Bank Scams Surge 1000%: $166 Million Lost on Zelle in 2023
Digital bank scams targeting US and Canadian customers have surged 1000% in the past year with $166 million lost on Zelle alone. Learn how these scams are evolving and what banks are doing to combat them.
Dec 14, 20245 min read
RBI's Crackdown on Evergreening: AIF(Alternative Investment Funds) Regulations Tightened
Discover how RBI tackles loan 'evergreening' with strict AIF rules. Ensure transparency in banking.
Dec 22, 20232 min read
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