The investigation centres on unauthorised transfers from customer accounts over nearly three years, allegedly carried out using branch staff’s banking credentials. The Central Bureau of Investigation has arrested a Punjab National Bank office assistant and a private individual in connection…
The RBI’s UDGAM portal can help locate dormant accounts and unpaid fixed deposits, but claimants must verify their identity and apply directly to the bank holding the money. Forgotten bank accounts and unpaid fixed deposits in India do not necessarily…
India’s government-backed cover offers eligible seniors up to Rs 5 lakh a year, but hospital networks and scheme rules matter. Private insurance may offer more choice at a higher cost, and some retirees can use both. As healthcare costs rise…
The commission ruled that a reporting delay could not defeat a claim supported by medical and police records, and ordered the insurer to pay the policy benefit, compensation and legal costs. A consumer commission in Tumakuru has ordered United India…
From December 1, selected account holders will get fewer free cash transactions, lose EDGE REWARD points and face higher balance-shortfall and cheque-return charges. Axis Bank customers will face a higher cost for several everyday banking services from December 1, as…
The average passenger vehicle loan has climbed to about INR 820,000 in seven years, driven by higher vehicle prices and buyers choosing better-equipped models, according to TransUnion CIBIL. India’s passenger vehicle financing market has become markedly more expensive over the…
Interest on festive-season instalment deals is often shifted into the product price, lost discounts or fees. Compare the cash price with the total repayment before deciding whether the offer is really affordable. Every festive season, the same promise appears in…
People are allegedly being recruited through WhatsApp groups to send money to India before claiming the transfers were unauthorised, putting recipients at risk of frozen accounts and investigation. A new scam is targeting Indians in the United States by turning…
From rural households setting aside cash to urban families teaching children patience, the traditional earthen pot is finding fresh purpose as a visible, simple way to save. In India, the modest gullak is enjoying an unexpected revival, not as a…
Using a bonus to cut mortgage debt can lock in interest savings, especially early in the loan , but only after weighing emergency savings, near-term costs and the risks of investing. A yearly bonus can feel like found money, but…
With hallmarking violations reported across India, buyers can use the BIS Care app to verify a piece’s unique HUID and check its purity, weight and jeweller details before paying. Gold prices may be near record levels, but that has not…
Fraudsters impersonate law-enforcement and financial officials to pressure victims into paying up. Preserving digital evidence and reporting quickly can help investigators trace the money, but a video call cannot make an arrest lawful. India’s criminal procedure law does not allow…
