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Banks scramble to repair the damage caused by Crowdstrike IT outage
British banks Santander and Metro Bank said they were impacted by Friday's outage, which affected t…
Jyoti Mann
Boutique investment bank Moelis has placed a senior banker on leave after a video circulated online appearing to show him punching a woman
New York-based investment bank Moelis & Co. said it is investigating a "serious incident in Brookly…
Polly Thompson
UPI transactions cross Rs 20 trillion for third successive month, in July 2024
Payments through the Unified Payments Interface (UPI) reported a 45% growth, as per the data made a…
ANI
Customers at several small-sized banks affected as tech provider C-Edge suffers ransomware attack
The issues are being faced for the last two days after the discovery of a breach of the system…
PTI
Zomato gets RBI approval to operate as 'online payment aggregator'
Online food delivery platform Zomato on Thursday announced that its wholly-owned subsidiary Zomato …
A railway official was duped out of Rs 9 lakh by ‘CBI agents’ in a bizarre 20-hour video call scam with an ‘online judge’ — here’s what happened
A senior railway official in Mumbai was defrauded of Rs 9 lakh by scammers posing as CBI officers.
4 reasons why Wall Street's anxiety over excessive AI spending boom is 'premature,' Bank of America says
Investors are "premature" to worry over the spending AI wave, as a few catalysts still lie ahead, B…
Filip De Mott
Ixigo makes a solid debut on stock exchanges, but what's next for the share?
The company, which has a stronghold in India's OTA market, operates across the travel and hospitali…
Woman loses ₹54 lakh in work-from-home scam! Here's what it is and how to protect yourself
Job hunting is something that most of us do online, be it on social media or various online job por…
Following Kotak Mahindra Bank’s strong Q4 numbers, analysts reset stock target up to ₹1,900; Worried about reputation impact than financial, says CEO
Kotak Mahindra Bank’s share prices surged by over 5% on Monday, a day after the leading private sec…
India could emerge as an economic superpower amid dull global economic landscape
IMF, World Bank and prominent rating agencies have predicted further slow-down in global growth thi…
ANI
Mastercard's AI system is helping banks keep fraudsters in check — and it could save millions of dollars
Mastercard has taken an AI-driven approach to detecting payment fraud and collaborating with banks …
Chris Stokel-Walker
Did you know the RBI Ombudsman received 68% more complaints in FY2023? Here’s how to file your grievance
Recently, the Reserve Bank of India (RBI) reported that the complaints to the Ombudsman have gone u…
Why it's not that great that everyone is flocking to their online bank
Even though they took a hit following the banking turmoil earlier this year, small and regional ban…
Josée Rose
College students desperate for jobs are getting scammed online by criminals posing as tech recruiters
College students looking to join the workforce are being targeted by scammers offering attractive j…
Camilo Fonseca
Paytm Payments Bank set to expand existing relationships with leading third-party banks
Paytm Payments Bank Limited ("PPBL"), an associate of OCL (One 97 Communications Limited), has rece…
ANI
RBI action on Kotak Mahindra Bank may restrain credit growth, profitability: S&P
Credit cards are a higher-yielding target growth segment for Kotak Mahindra Bank. This portfoli…
PTI
Markets extend gains for 5th session; Sensex revisits 74k
Rising for the fifth straight session, equity benchmark Sensex rallied nearly 500 points to reclaim…
PTI
Kotak Mahindra Bank shares tank 13%; mcap erodes by ₹37,721 crore post RBI action
At the NSE, it tumbled 13 per cent to the 52-week low of Rs 1,602. The company's market ca…
PTI
Markets decline in early trade; Kotak Mahindra Bank tanks over 12%
Cracking down on repeated non-compliance of IT norms, the RBI on Wednesday barred Kotak Mahin…