Banks’ exposure to the capital market and real estate sector at its highest point in six years

Scheduled commercial banks (SCBs) have seen a sharp rise in their exposure to the capital markets and real estate sectors, with public and private sector banks more than doubling advances to both segments over the past five years. Banks’ outstanding advances to both sectors also hit a six-year high in March 2025, RBI data showed. […]

ED seizes Rs 150 crore London properties in Rs 1,400 crore Nitin Kasliwal bank fraud case

The Enforcement Directorate has seized a high-end property near Buckingham Palace in London in connection with a Rs 1,400-crore bank fraud case involving former S Kumars Nationwide chairman Nitin Kasliwal. | Photo credit: The Enforcement Directorate (ED) has seized a British-based high-end property near Buckingham Palace in a bank fraud case worth Rs 1,400 crore, […]

IFSCA reports the regulations for global in-house centers in IFSC

The International Financial Services Centers Authority (IFSCA) has notified regulations to operationalize Global In-House Centers (GICs) in IFSCs, with the aim of positioning them as global hubs for high-quality financial services. The International Financial Services Centers Authority has notified regulations to make the Global In-House Centers (GIC) operational. This aims to develop IFSCs as a […]