https://www.financialexpress.com/business/banking-finance-sbi-cracks-down-on-dormant-accounts-to-curb-cyber-frauds-4369227 By Abhijit Lele State Bank of India (SBI), the country’s largest lender, plans to close inoperative savings accounts with zero balances to curb cyber
Day: October 26, 2026
Central Bank of India clarifies all accounts are safe after reports of 187 unauthorised transactions worth Rs 13.97 crore
Read more at:https://economictimes.indiatimes.com/wealth/save/central-bank-of-india-clarifies-all-accounts-are-safe-after-reports-of-187-unauthorised-transactions-worth-rs-13-97-crore/articleshow/135206556.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Central Bank of India has clarified that no customer accounts were affected by the unauthorised RTGS transactions reported in the media. The
SBI’s Setty sees 50 bps more rate hikes, says retail loan quality unlikely to suffer
Read more at:https://economictimes.indiatimes.com/industry/banking/finance/banking/sbis-setty-sees-50-bps-more-rate-hikes-says-retail-loan-quality-unlikely-to-suffer/articleshow/135209277.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst https://economictimes.indiatimes.com/industry/banking/finance/banking/sbis-setty-sees-50-bps-more-rate-hikes-says-retail-loan-quality-unlikely-to-suffer/articleshow/135209277.cms State Bank of India chairman CS Setty noted that upcoming rate hikes could affect discretionary consumption demand. He highlighted that retail
Don’t bank on RBI alone: The investor protection gap in India’s banking system
Read more at:https://economictimes.indiatimes.com/opinion/et-commentary/dont-bank-on-rbi-alone-the-investor-protection-gap-in-indias-banking-system/articleshow/135195341.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst RBI tightly regulates commercial banks and mandates their listing to improve transparency. But while it prioritises depositors’ interests over those of investors,