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Banking News

RMS Global Catastrophe Model Leader Launches First Climate Change Models, Enabling New Risk Insights

Business Wire IndiaRMS, the world’s leading catastrophe risk modeling and solutions company, revealed that according to its new Climate Change Models, and based on...

Koch Technology Solutions Launches to Drive Greater Collaboration, Innovation

Business Wire IndiaKoch Engineered Solutions (KES), a unit of Koch Industries Inc., today announced the creation of Koch Technology Solutions (KTS). As the technology...

Dell Technologies and i2b2 tranSMART Foundation Create Digital Twins to Treat Long-Haul COVID-19

Business Wire India  News summary COVID-19 Long haulers study to create personalized health risk scores and drug treatment recommendations based on patients’ unique medical history and...

Jyske Bank makes headlines again for charging wealthy clients on their deposits

By: Talat Mohsin Jyske Bank, the third-largest lender in Denmark, is in news again as it has announced that instead of paying interest, it will...

Denmark: Where Home Loans are offered at a negative Interest Rate

Economic decisions, sometimes, surpass the jurisdiction of common human's mind. One such incident, which anyone would consider hypothetical, is the negative interest rate. Denmark's...

BookMyShow ‘booked’ by Consumer Court for illegal ‘Internet Handling Charges’

An RTI revealed that we were paying extra while booking tickets through BookMyShow. That collection of 'Internet Handling Charges' is a violation of RBI's...

SBI’s Action Against Data Crippling Threats

By: Chandrashree Singh Frauds have moved from a physical space to virtual space as technology has developed and this has become a big financial threat...

PNB recovered Rs. 11,378 crores in 5 months

Punjab National Bank (PNB) was severely hit by Nirav Modi and Mehul Choksi's fraud of Rs. 14,357 crore. They became the laughing stork in...

Ghost News: Amit Shah-linked Ahmedabad District Cooperative Bank scam

Amit Shah, President of BJP, doesn't like to stay in 'bad' limelight. Due to that, he 'creates' selected controversies and scams, re-edit the words...

1st day of Banks Strike: Hit or Miss?

Banking operations in public sector banks hit a wall as nearly 10 lakh employees went on a two-day strike. Since the timing of the...

Indian banks lost around 17k crores in fraud

Indian banks lost around 17k crores due to fraud in the fiscal year 2016-17. Mind that this amount doesn’t account for the bad debts...

Rs 7,961 Crore of undisclosed currency curbed by I-T Department post-Demonetization.

The Minister of state for Finance Pon RadhaKrishnan informed parliament that Income tax department has unearthed undisclosed income of Rs 7,961 Crore after demonetization. The amount...