Bank frauds increased to 18,461, amount involved spikes 8x in H1FY25: RBI
The amount involved in these frauds also jumped more than eight-fold to Rs 21,367 crore, RBI data said.
The amount involved in these frauds also jumped more than eight-fold to Rs 21,367 crore, RBI data said.
Benchmark indices closed with little change on Thursday in yet another volatile session, with the Nifty at 23,750 led by auto, pharma, energy stocks. At close, the Sensex was down 0.39 points at 78,472.48, and the Nifty was up 22.55 points or at 23,750.20.
The new business premium (NBP) in life insurance’s micro-insurance segment in 2023-24 surpassed Rs 10,000 crore for the first time, Insurance Regulatory and Development Authority of India (Irdai) said.
In the coming year, AI agents will generate new revenue streams, innovate business processes across industries, boosting profitability, operational efficiency, and customer experience.
Global audit firm Deloitte has been fined about Rs 2 crore by the National Financial Reporting Authority (NFRA) for alleged lapses in auditing Zee Entertainment Enterprises Ltd (ZEEL).
Home finance company Housing Development Finance Corporation Ltd (HDFC) closed the Q2FY23 with a higher net profit of Rs 4,454.24 crore.
Adani Total Gas Ltd (ATGL), India's leading City Gas Distribution company, announced its operational and financial performance for the half-yearly and quarter ending on September 30, 2022.
Growing gold/MSME loan business, launching proprietary credit cards, and increasing bancassurance tie-ups are some of the focus areas of DBS Bank India Ltd, said a senior official.
The US Federal Reserve has announced another interest hike of three-fourths of a percentage point, the fourth such hike in its continuing efforts to cool the economy and curb inflation.
Nasdaq-listed Cognizant Technology Solutions (Cognizant) closed the third quarter with a 2.4 per cent revenue growth. According to Cognizant, the revenue for Q3 went up to about $4.9 billion up from about $4.7 billion in Q3 2021.
