IndusInd Bank fraud exposes deep cracks in corporate governance
The IndusInd Bank fraud saga, erupting in early 2025, has torn through the fragile facade of corporate governance in India’s banking sector, exposing systemic flaws...
Why are bank employees harassed for not speaking local languages?
In the bustling branches of India’s banks, a new kind of intimidation is rearing its ugly head: harassment of employees over their inability to fluently...
Inflation’s Slide to a Six-Year Low Puts Sanjay Malhotra in the Hot Seat
The April 2025 Consumer Price Index (CPI) figure of 3.16% stopped me in my tracks. It’s the lowest since July 2019, down from 3.34% in...
Bank Employees’ Union pledges support for border communities amid India-Pak tensions
The All India Bank Employees’ Association (AIBEA) has announced a series of measures to support residents and security forces in India’s border regions as tensions...
Can Indian Banks Withstand a Cyber Onslaught from Pakistan?
In the shadow of escalating geopolitical tensions, India’s financial sector stands as a prime target in a silent but ferocious war unfolding in cyberspace. The...
AIBEA calls for robust conduct regulations for PSB Chiefs
The All India Bank Employees’ Association (AIBEA) has urged the government to establish clear and comprehensive conduct regulations for managing directors (MDs) and executive directors...
Opinion | Who Approved the Crores Spent on ‘India@100’? Union Bank Owes Answers
The recent controversy surrounding the bulk purchase of the book India@100, authored by former Chief Economic Adviser K.V. Subramanian, has put Union Bank of India...
Union Bank staff body seeks probe into crores spent on ‘India@100’ book
Calls purchase “wasteful expenditure”; seeks disclosure of benefits, compliance with norms Mumbai: The All India Union Bank Employees Association (AIUBEA) has written to Union Bank...
How to save India’s Cooperative Banking System
The Rs 122-crore embezzlement at New India Co-operative Bank, where a former chairman and general manager allegedly siphoned funds to overseas entities and pilfered cash...
The RBI’s LCR Shake-Up: What’s worrying the mighty regulator?
The Reserve Bank of India, under Governor Sanjay Malhotra, has just sharpened its Liquidity Coverage Ratio (LCR) framework, a move that’s as pragmatic as it...