Latest News...

RBI has announced Result of Book Writing Scheme, Check Winner and Prize Amount!!

The Reserve Bank of India (RBI) had invited entries under Scheme for writing books originally in Hindi on Economics/ Banking/ Financial subjects vide press release dated 05 June 2025.

Case Filed Against Axis Bank Officials in Rs 2.5 Crore Alleged Forex Fraud Case in Varanasi

Three officials of Axis Bank, including the Assistant Vice President and Center Head, have been booked for allegedly cheating a company of ₹2.5 crore in a foreign exchange (forex) scam.

Rs 4.42 Crore Loan Fraud in SBI!! Manager Files Complaint with CID

The CID is probing a ₹4.42 crore loan fraud in Gandhinagar after a food processing firm allegedly misused assets mortgaged against multiple loans, leaving accounts unpaid.

Bank Cashier Stole Rs 14.82 Lakh, Stole CCTV DVR, Arrested by Police

In Pataudi, a bank cashier stole CCTV footage to hide the theft of ₹15 lakh. Police are investigating the incident and taking action against the accused.

Bank of India Officer accused of Rs.16 Crore Fraud will remain in CBI Custody Till 1st November

The CBI has detained a former Bank of India officer till November 1 for his alleged role in a ₹16 crore fraud involving dormant, deceased, and senior citizen accounts.

Government is slowly and smartly moving towards Privatisation of PSU Banks

The Government of India is slowly and strategically moving towards the privatisation of public sector banks

RBI Nomination Circular 2025 for Deposit Accounts and Safe Lockers in Banks [PDF]

The Reserve Bank of India has released new nomination rules for deposit accounts and safe lockers in Banks.

RBI released 45th Half-Yearly Report on Management of Foreign Exchange Reserves [PDF]

The Reserve Bank of India has today released the 45th Half-Yearly Report on Management of Foreign Exchange Reserves with reference to end-September 2025.

Cabinet has approved 8th Central Pay Commission, Check Terms of Reference of 8th CPC!!

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has today approved the Terms of Reference of 8th Central Pay Commission.

Government prepares Blueprint for Bank Merger and Privatisation

As per sources, Government is planning to merge Union Bank of India and Bank of India. If the merger goes as planned, it will create a second largest bank in India after the country’s top bank by assets, State Bank of India.

NITI Aayog releases Two Reports on India’s Services Sector [Download PDF]

Shri B.V.R. Subrahmanyam, CEO, NITI Aayog, has launched two inaugural reports under the Services Thematic Series in the presence of Dr. Arvind Virmani, Member, NITI Aayog, and Dr. V. Anantha Nageswaran, Chief Economic Adviser, Government of India.

SBI Recruitment 2025 Released for Various Specialist Officer Posts, Salary upto Rs.1.35 Crore

The State Bank of India (SBI) has released the SBI SCO Recruitment 2025 Notification for 103 vacancies under the Specialist Cadre Officer (SCO) posts. The online application process has started on 27 October 2025 and last date to apply is 17 November 2025.

Bank Frauds...

Case Filed Against Axis Bank Officials in Rs 2.5 Crore Alleged Forex Fraud Case in Varanasi

Three officials of Axis Bank, including the Assistant Vice President and Center Head, have been booked for allegedly cheating a company of ₹2.5 crore in a foreign exchange (forex) scam.

Rs 4.42 Crore Loan Fraud in SBI!! Manager Files Complaint with CID

The CID is probing a ₹4.42 crore loan fraud in Gandhinagar after a food processing firm allegedly misused assets mortgaged against multiple loans, leaving accounts unpaid.

Bank Cashier Stole Rs 14.82 Lakh, Stole CCTV DVR, Arrested by Police

In Pataudi, a bank cashier stole CCTV footage to hide the theft of ₹15 lakh. Police are investigating the incident and taking action against the accused.

Bank Jobs...

SBI Recruitment 2025 Released for Various Specialist Officer Posts, Salary upto Rs.1.35 Crore

The State Bank of India (SBI) has released the SBI SCO Recruitment 2025 Notification for 103 vacancies under the Specialist Cadre Officer (SCO) posts. The online application process has started on 27 October 2025 and last date to apply is 17 November 2025.

Canara Bank Vacancy Released for MD&CEO Post, Download Notification PDF and Apply

Canara Bank has released vacancy for the post of MD&CEO. The Last date for submitting the completed online application is November 20, 2025 by 5:00 pm IST.

UCO Bank Apprentice Recruitment 2025 Notification Released, Apply Online for 532 Posts

UCO Bank has announced the Recruitment Notification 2025 for 532 vacancies. Interested candidates can apply online after checking the eligibility criteria and other important details.

Federal Bank Recruitment: Apply For Officer Sales and Client Acquisition, Salary Rs.17 Lakh

Federal Bank has released notification for recruitment of candidates to the post of Officer - Sales and Client Acquisition

SEBI Grade A Recruitment 2025 Notification OUT, Apply Online

The Securities and Exchange Board of India (SEBI) has announced the Officer Grade A (Assistant Manager) Recruitment 2025 for various streams including General, Legal, IT, Research, Official Language, and Engineering. The detailed notification and online application link will be available from October 30, 2025, on SEBI’s official website.

South Indian Bank Junior Officer Recruitment 2025 Notification Released, Apply Online

South Indian Bank has announced the Junior Officer Recruitment 2025. Interested candidates can apply online through the official website. Read the full notification for eligibility, important dates, and other details.

Bribery Cases...

Big Scale Corruption Unvealed in Rural Works Department, Jharkhand

The ED’s investigation began on the basis of a predicate offence registered by the Anti-Corruption Bureau (ACB), Jamshedpur, after Junior Engineer Suresh Prasad Verma was caught accepting a bribe. During the follow-up searches, the ACB seized ₹2.67 crore in cash from premises linked to Veerendra Kumar Ram, the then Chief Engineer of the department.

CBI Opens HDFC Bank Lockers of DIG Punjab arrested in Bribe Case

A CBI team visited the HDFC Bank branch in Sector 9 Chandigarh this morning to inspect one of his lockers. During the inspection, the team recovered several items, including property documents, gold, and other materials. All the items have been seized. The CBI also found a diary, which is currently being examined.

CBI Arrests DIG Punjab taking Rs.8 Lakh Bribe

A senior IPS officer of the 2009 batch, posted as DIG, Ropar Range, Punjab, along with a middleman, was arrested by the CBI in a bribery case involving ₹8 lakh. Raids uncovered cash, jewellery, luxury vehicles, firearms, and other assets.

Bank Robbery...

Robbery Attempt at SBI Branch in Daltonganj Jharkhand

Robbery Attempt at SBI Branch in Daltonganj Jharkhand

NIA Takes Over Investigation into Rs 18.85 Crore PNB Robbery in Manipur

The NIA has assumed control of the investigation into a ₹18.85-crore bank robbery from 2023. This move highlights the seriousness of the case and the agency’s effort to bring the culprits to justice.

Over Rs.17 Lac Stolen from Madhya Bihar Gramin Bank

Over Rs.17 Lac Stolen from Madhya Bihar Gramin Bank

Bank Robbery...

Robbery Attempt at SBI Branch in Daltonganj Jharkhand

Robbery Attempt at SBI Branch in Daltonganj Jharkhand

NIA Takes Over Investigation into Rs 18.85 Crore PNB Robbery in Manipur

The NIA has assumed control of the investigation into a ₹18.85-crore bank robbery from 2023. This move highlights the seriousness of the case and the agency’s effort to bring the culprits to justice.

Over Rs.17 Lac Stolen from Madhya Bihar Gramin Bank

Over Rs.17 Lac Stolen from Madhya Bihar Gramin Bank

Court Cases...

Salary of CISF SI cut for harassing and sending obscene messages to Female Staff

The Delhi High Court has said that a married officer being in a relationship with another woman and sending her obscene messages is not appropriate and does not befit a uniformed officer.

Big Relief for Banks! Delhi High Court Says SC/ST Act Can’t interfere with Mortgage Rights of Banks

The Delhi High Court has ruled that the SC/ST (Prevention of Atrocities) Act does not interfere with a bank’s mortgage or recovery rights, offering major relief to lenders and clarifying the legal position on property disputes involving loan defaults.

Bank Removed Disabled Employee from Service, Court orders Bank to reinstate Employee

The Punjab and Haryana High Court has set aside the retirement of Rupinder Singh, a senior manager at Punjab State Co-operative Bank, who has a 54% permanent disability, ruling that he is entitled to continue in service until the age of 60.

Court Order: Bank Cannot Withhold Gratuity to Recover Loan from Retired Employee

The Orissa High Court has clarified that an employer cannot withhold a retired employee’s gratuity to recover a loan default, even if the employee was a guarantor. The court said gratuity is a statutory right that cannot be adjusted against loan liabilities.

Telangana High Court Orders Union Bank of India to Refund Rs 2.16 Crore to Auction Purchaser

The Telangana High Court has ordered a bank to refund Rs 2.16 crore, citing its failure to notify the auction purchaser of court orders as ‘unacceptable’. The ruling highlights the importance of proper communication in legal and financial matters.

Post-Graduation Diploma Not Equivalent To Post-Graduate Degree For Purpose of Promotion: Himachal Pradesh High Court

The Himachal Pradesh High Court upheld the Departmental Promotion Committee’s decision, ruling that teaching experience gained after a postgraduate diploma cannot be considered for promotion to Assistant Professor, as only a postgraduate degree qualifies under the Medical Education Service Rules, 1999.