Haryana Recovers ₹556 Crore in IDFC First Bank Fraud, Stock Rebounds
Shares of IDFC First Bank traded in the green on February 24. This came a day after hitting a 20 percent lower circuit. The rebound followed positive news from the…
ADB and Aavas Partner to Boost Affordable Housing and MSME Lending
The Asian Development Bank has signed a major financing deal with Aavas Financiers Limited. This partnership aims to expand access to crucial loans across India. The total package is worth…
IDFC First Bank Share Price Steadies After Fraud Shock
The IDFC First Bank share price took a severe hit on Monday, plunging a staggering 16%. This dramatic fall followed the bank’s disclosure of a major fraud case. The incident,…
ADB Funds Aavas to Boost Affordable Housing and MSME Loans
The Asian Development Bank has taken a major step to support India’s underserved communities. It signed a senior secured debt financing package worth up to 108 million dollars with Aavas…
RBI Cracks Down on Offshore Rupee Trades for Market Transparency
The Reserve Bank of India is taking a major step to shed light on hidden financial flows. On Monday, it issued draft norms targeting offshore rupee derivative transactions. This move…
India Eases Debt Pressure with Major Bond Switch Operation
India’s central bank announced a significant bond switch operation on Thursday. This move is a key part of the government’s debt management strategy. It involves swapping shorter-term bonds for longer-dated…
Govt and RBI Boost Cooperative Banks with New Reforms
The Indian government and the Reserve Bank of India have unveiled a series of measures to fortify cooperative banks. These steps target financial health, governance, and digital inclusion. They also…
Unclaimed Bank Deposits Hit Rs 72,454 Crore in DEA Fund
A staggering sum of money lies forgotten in India’s banking system. As of late January 2026, unclaimed bank deposits have reached a colossal Rs 72,454 crore. This massive amount is…
IDFC FIRST Bank Q3 Profit Soars 48% to Rs 503 Crore
IDFC FIRST Bank has announced its unaudited financial results for the quarter ended December 31, 2025. The figures reveal a period of robust growth and improving financial health. The bank’s…
Rupee Soars 119 Paise on US-India Trade Deal Breakthrough
The Indian rupee made a powerful leap forward in early trade Tuesday. It appreciated by a significant 119 paise against the US dollar. This surge followed a major development in…