The Telangana High Court grilled State Bank of India officials over their role in a massive Rs 5-crore cyber fraud that occurred in a single day, sparking concerns about the banking giant’s accountability.

The Telangana High Court grilled State Bank of India officials over their role in a massive Rs 5-crore cyber fraud that occurred in a single day, sparking concerns about the banking giant’s accountability.

The Telangana High Court is investigating the role of banks, particularly the State Bank of India (SBI) Keezhmad branch in Ernakulam, Kerala, in cyber fraud cases. The court is examining whether the bank adhered to Reserve Bank of India (RBI) guidelines when allowing...
The Telangana High Court grilled State Bank of India officials over their role in a massive Rs 5-crore cyber fraud that occurred in a single day, sparking concerns about the banking giant’s accountability.

As of April, SBI, IDFC, and Axis Bank will be scaling back certain credit card benefits, a move that may impact cardholders’ rewards and privileges.

IDFC First Bank has made an announcement that is likely to affect its Credit Card holders. The bank will discontinue the milestone benefits associated with its Club Vistara Credit Card on March 31, 2025. This means that cardholders will no longer be able to earn...