Indian Bank has made a significant move in the financial sector by disbursing ₹1,220 crore under the Retail, Agriculture and MSME segments. This move is part of the bank’s 120th Foundation Day fortnight celebrations, which aims to support entrepreneurs and the growth of the MSME sector.
The Central Bureau of Investigation (CBI) has arrested two former CEOs in connection with a massive bank fraud case, causing a combined loss of Rs 7,623 crore to multiple public sector banks. Read more about the case, key decision-makers, market impact, and FAQs.
HDFC Asset Management Company has warned investors to reset their passwords and be cautious of SIM-swap attempts following a cybersecurity breach. The company has reported the breach to the relevant authorities and obtained judicial protection over the affected data.
