Pune: A special Central Bureau of Investigation (CBI) court in Pune sentenced two former officials of Central Bank Of India and a co-borrower to imprisonment ranging from two to three years in a home loan fraud case. An official disclosed this information on Sunday. The CBI stated that the special court on Saturday sentenced Nandkishor […]
UAE’s big banking change for online card transactions / AI Generated Image If you’ve lived in the UAE for a while, the “ping” of an incoming SMS with a six-digit code has been the soundtrack to your online shopping. But that sound is about to become a relic of the past. Starting January 6, 2026, […]
A social media post claiming that the State Bank of Texas only helps Indians as its leadership team is full of Indias went viral at a time when India-hate has become mainstream for US social media users. “The State Bank of Texas, run entirely by an all-Indian leadership team, funnels SBA loans almost exclusively to […]
This picture, provided by the Gelsenkirchen Police on Monday, Dec. 29, 2025 shows a hole in a wall of the savings bank branch in the Buer district in Gelsenkirchen, Germany. (Police Gelsenkirchen via AP) Thieves stole tens of millions of euros worth of property from safety deposit boxes inside a German bank vault that they […]
The Google Pixel 9 Pro has received a significant price cut, making it more affordable than ever. The flagship smartphone from Google is now available for thousands of rupees less than its original launch price. Customers can also benefit from additional bank discounts and exchange offers. Reliance Digital is offering this phone at a notably […]
SAMA’s new fees guide reduces banking, Mada card, financing, check, transfer, and document fees nationwide/Image: X Saudi Arabia has taken a major step to make banking more affordable and transparent. The Saudi Central Bank, known as SAMA, has unveiled a comprehensive new fees guide for financial institutions. The updated framework slashes customer fees, caps charges […]
Fake QR codes on Dubai parking signs can steal personal and bank details if scanned unknowingly/Representative Image A new scam has surfaced in Dubai’s parking areas, where scammers are placing fake QR codes on parking signages to trick drivers into making payments through fraudulent links. These counterfeit codes can capture personal and banking information, exposing […]
Mumbai, December 11 (Udaipur Kiran): Shares of Bank of India (BoI) surged on Thursday after the bank successfully raised Rs 2,500 crore through Basel III-compliant Tier II bonds to support its business growth. The stock was trading at Rs 141.05 on the BSE, up by 2.85 points or 2.06 per cent from its previous close […]
Central Bank rate cut brings relief for UAE borrowers / Image: File The Central Bank of the UAE lowered its base rate for the Overnight Deposit Facility (ODF) by 0.25 percentage points, from 3.90% to 3.65%, following a similar move by the US Federal Reserve. The cut takes effect immediately and is described by the […]
UAE clarifies Nafis rules affecting bank loan eligibility / Image: @centralbankuae The Central Bank of the UAE has formally clarified that Nafis payments and incentives are time-limited, conditional and cannot be relied upon as guaranteed income when assessing loan eligibility, though banks may consider them on a strict case-by-case basis under clear rules. UAE: Nafis […]
