PNB Customers Allege ₹35 Crore Fraud in Greater Noida
Customers of Punjab National Bank (PNB) in Greater Noida have alleged a financial fraud of around ₹35 crore, prompting the
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banking risk
SBI Cracks Down on Dormant Accounts to Curb Cyber Frauds
State Bank of India (SBI) is tightening controls on inoperative savings accounts with zero balances to reduce the risk of
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Shadow AI in Banking: The Governance Challenge of Unauthorised AI
AI in the Workplace: The AI Risk Hiding in Plain Sight Artificial Intelligence (AI) is rapidly becoming part of everyday
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Bigger Loans Drive 28% Growth in Digital Lenders’ Personal-Loan Books
Digital-first NBFCs in India recorded a 28% year-on-year increase in their personal-loan portfolio to ₹1.54 lakh crore in June 2026,
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Bank Deposit Rates Fall as Fresh Lending Rates Rise in August
Indian banks saw a decline in deposit rates while fresh lending rates increased in August 2026, according to data cited
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Strengthening Financial Security Against Cyber Attacks
The growing use of technology-driven financial transactions is increasing the importance of cybersecurity across the financial sector. An editorial in
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ED Raids Tricity in ₹645 Crore IDFC Bank Fraud Case
The Enforcement Directorate (ED) has conducted searches at multiple locations across the Chandigarh, Mohali and Panchkula tricity as part of
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RBI Extends Co-op Bank Directions
The Reserve Bank of India (RBI) has extended its directions on two cooperative banks by another three months, continuing the
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Private Banks Cut Jobs as AI Grows
India’s top 10 private sector banks cut more than 10,000 jobs in FY26, highlighting the growing impact of artificial intelligence,
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When the bank is secure but the vendor is breached: Third-party risk lessons from the Bank of America-Infosys McCamish Incident
Banks increasingly depend on technology companies, cloud providers, payment processors, data centres, software vendors and specialist service providers to deliver
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