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Mumbai (Maharashtra) [India], March 31: A comprehensive new study by ComplyZero Research has revealed that 95.9% of Indian websites collect user data through tracking technologies without obtaining proper cookie consent, potentially violating the Digital Personal Data Protection (DPDP) Act, 2023. Also Read | Nagaland State Lottery Sambad Result Today 8 PM Live: Dear Destiny Tuesday Lottery Result of March 31, 2026 Declared Online, Watch Lucky Draw Winners List. The report, titled "The State of ...Read More >
VMPL Mumbai (Maharashtra) [India], March 31: A comprehensive new study by ComplyZero Research has revealed that 95.9% of Indian websites collect user data through tracking technologies without obtaining proper cookie consent, potentially violating the Digital Personal Data Protection (DPDP) Act, 2023. The report, titled "The State of Cookie Compliance in India, 2026," analysed more than 6,000 websites across 24 industry sectors and evaluated over 84,000 tracking cookies to assess India's prepa ...Read More >
Lok Sabha passes Insolvency and Bankruptcy Code (Amendment) Bill 2026 to speed up insolvency cases, boost creditor rights, enable cross-border resolution, and strengthen India's financial system. To strengthen the financial system of India, Lok-Sabha have passed the Insolvency and Bankruptcy Code (Amendment) Bill on March 30, 2026. This reform aims to speed up the insolvency resolutions, reduce delays and the improve creditor confidence. While announcing the speech of Nirmala Sitharaman highlig ...Read More >
Banks use locker scarcity to pressure customers into investments. A customer at a private bank walked in to request a locker, a fairly routine banking need. He was ready to meet the formal requirements, including maintaining a fixed deposit linked to the locker. But instead of a simple application process, he was given a choice. Buy a ULIP worth around Rs 1 lakh. Or take a term insurance policy of about Rs 40,000. Only then, he was told, could his locker request be considered. The customer ( ...Read More >
A local court on Friday granted seven-day police remand of Rajat Dahra, accused of embezzling ₹70 crore of Panchkula Municipal Corporation (MC) funds. The case, being probed by the State Vigilance and Anti-Corruption Bureau (ACB), Haryana, stems from serious discrepancies flagged in ₹145-crore fixed deposits (FDs) maintained by MC with Kotak Mahindra Bank, Sector 11, Panchkula. After lodging an FIR under the Prevention of Corruption Act and provisions of the Bharatiya Nyaya Sanhita on M ...Read More >
New Delhi: Banks in India cannot see, record or inspect the valuables customers store in bank lockers, Union Finance Minister Nirmala Sitharaman told the Lok Sabha during Question Hour on 30 March 2026. She said this would violate banking regulations and customer privacy, and ruled out the possibility of differential insurance coverage based on the contents of lockers. Under the current framework, standard insurance compensation for locker loss is capped at 100 times the annual locker rent, and ...Read More >
A 73-year-old retired superintendent of the central excise department in Mumbai was cheated out of Rs 3.77 lakh after a cyber fraudster, posing as a Mahanagar Gas Limited official, made him install a malicious application on his smartphone, the police said. According to the police, the complainant lives in Mulund (East) with his wife. On March 14, he received WhatsApp messages from an unknown number claiming his gas bill was unpaid and warning that his connection would be disconnected by the ev ...Read More >
Bengaluru (Karnataka) [India], March 31: slice, India's first digital & AI native bank, today opened its UPI credit card to all customers. The card, which launched on an invite-only basis in July 2025, has built a waitlist of more than 1.2 million customers. This launch marks one of the first large-scale efforts to build a credit product natively on UPI rails. Also Read | Sadak Suraksha Abhiyan 2026: Aamir Khan Talks About Road Safety, Shares Strict Rule He Has Taught His Children (Watch Video) ...Read More >
NewsVoir Bengaluru (Karnataka) [India], March 31: slice, India's first digital & AI native bank, today opened its UPI credit card to all customers. The card, which launched on an invite-only basis in July 2025, has built a waitlist of more than 1.2 million customers. This launch marks one of the first large-scale efforts to build a credit product natively on UPI rails. The card is free to own and use, with no joining fee, no annual fee, and no maintenance charge of any kind. Payments through t ...Read More >
NewsVoirPune (Maharashtra) [India], March 30: Finolex Industries Limited, founded by the late Shri Pralhad P. Chhabria in 1981, marks 45 years of its distinguished journey. Today, the company stands as India's first and only backward-integrated manufacturer of PVC pipes and fittings.Anticipating a widening gap between the demand and supply of PVC resin, Shri Chhabria demonstrated remarkable foresight by commissioning a backward integration PVC resin plant in 1994, along with a first-of-its-kind ...Read More >
New Delhi, March 31 (SocialNews.XYZ) The Reserve Bank of India (RBI) has deferred the implementation of its revised capital market exposure framework by three months, changing the effective date to July 1, 2026, from the earlier April 1 deadline. The decision comes after feedback from banks, capital market intermediaries (CMIs), and industry bodies, which highlighted operational and interpretational challenges in implementing the new norms. The central bank had initially issued the amendment d ...Read More >
Mumbai, Mar 30 (PTI) The Reserve Bank of India on Monday deferred the implementation of acquisition finance guidelines by another three months to July 1 this year, following stakeholder feedback. The central bank stated that it has also revised the "Amendment Directions on Capital Market Exposures" framework, first announced on February 13. The RBI had come out with the guidelines after a consultative process, allowing domestic lenders to fund acquisitions. "On a review, based on further disc ...Read More >
Mumbai: The Indian stock market crashed over 2% on Monday, following a slump in global markets as the US-Iran war entered its fifth week, driving up crude oil prices and inflation worries. Moreover, the Indian rupee slipped to a record low, breaching 95 per $ mark for the first time ever, drawing only brief support from the RBI's move to tighten limits on banks' foreign exchange positions. The rupee hit its record low of 95.20 against the US dollar, down 0.3% for the day. Sensex closed 1635 po ...Read More >
New Delhi: The Lok Sabha on Monday passed the Insolvency and Bankruptcy Code (Amendment) Bill, 2025, aimed at accelerating insolvency resolutions and strengthening India's bankruptcy framework. Piloting the Bill, Finance and Corporate Affairs Minister Nirmala Sitharaman said the proposed 12 amendments will help maximise value for stakeholders, improve governance, and address persistent delays caused by litigation. A key provision mandates that insolvency applications be admitted within 14 days ...Read More >
Mumbai: Indianequity benchmark indices ended the final trading session of fiscal year 2025-26 with sharp losses, as escalating tensions in West Asia, rising crude oil prices, and sustained foreign fund outflows weighed heavily on investor sentiment. The 30-share BSE Sensex plunged 1,635.67 points, or 2.22 per cent, to settle at 71,947.55, after falling as much as 1,809 points during intraday trade. The broader NSE Nifty 50 dropped 488.20 points, or 2.14 per cent, to close at 22,331.40. The sel ...Read More >
New Delhi, March 31: Banks across several parts of India will remain closed on Tuesday, March 31, 2026, on account of Mahavir Jayanti, as per the provisions of the Negotiable Instruments Act. The festival, also known as Mahaveer Janma Kalyanak, marks the birth anniversary of Lord Mahavir and is one of the most important occasions in Jainism. However, bank closures on March 31 are not uniform across the country. Since India follows a region-wise holiday system, banks will remain shut only in sel ...Read More >
Mumbai: Banks, with the largest collective weighting on Nifty, slumped Monday after the RBI Friday ordered net-position curbs on lenders to underpin the rupee that in FY26 lost the most in 14 years. All 14 constituents of the Bank Nifty lost, dragging the benchmark Nifty more than 2% lower. The Bank Nifty, meanwhile, retreated 3.8% to 50,275.35 - the lowest closing since April 9, 2025 - after the central bank set a $100 million end-of-day net position threshold for lenders. The newly-introduced ...Read More >
Mumbai: Banks believe mark-to-market (MTM) treasury losses are expected to be significantly larger than estimated due to a sharp rise in 10-year yield, which crossed the psychological mark of 7% on Monday - its highest level since 2024. The 10-year yield closed at 7.03% on Monday, the last trading day of this fiscal year, versus its previous close of 6.94%. The money market will be closed on Tuesday due to Mahavir Jayanti. The yield jumped 37 bps in March, the biggest monthly move since Februar ...Read More >
Ahmedabad: With a fast-rising presence of IFSC banking units (IBUs) in GIFT IFSC, the size of the banking assets has increased sevenfold in five years, according to data by GIFT City. The country's first International Financial Services Centre at Gujarat International Finance Tec-City (GIFT City) saw banking assets crossing $106.7 billion as of Feb 2026, marking a sevenfold jump from $14 billion in Sep 2020.A key infrastructure boost came with the launch of the foreign currency settlement system ...Read More >
NEW DELHI: Finance minister Nirmala Sitharaman said amendments to the Insolvency & Bankruptcy Code (IBC) will help maximise value for stakeholders as the Lok Sabha passed the bill on Monday.She said the 12th Amendment seeks to strengthen the existing insolvency framework, as well as address practical challenges, and incorporate evolving global best practices. She added that the law has been a major factor in improving the health of the country's banking sector.Citing extensive litigation by prom ...Read More >
New Delhi: Finance and corporate affairs minister Nirmala Sitharaman on Monday said the decade-old insolvency law has been instrumental in improving the health of the country's banking sector by rescuing stressed firms and ensuring recovery of bad loans, as the Lok Sabha passed a bill to amend the legislation. Replying to a discussion on Insolvency and Bankruptcy Code (IBC) Amendment Bill, 2025, in the lower house, Sitharaman said it rolls out new resolution frameworks, stipulates strict timeli ...Read More >
New Delhi: Finance minister Nirmala Sitharaman on Monday said the rupee is "doing fine" when compared with the relative performance of other emerging market currencies against the dollar and that India's economic fundamentals remain strong amid the West Asia war. "India's economy is strong, our fiscal situation is strong, and the entire world is praising our fiscal deficit management. Our foreign exchange reserves remain solid," Sitharaman said in response to a supplementary question raised by ...Read More >
New Delhi [India], March 30 (ANI): Based on the data uploaded by banks on the Jan Dhan Darshak (JDD) App, almost 100 per cent of villages in the country are covered with banking outlets, informed the Finance Ministry. "99.92% villages in the country and 100% villages in the UT of Dadra and Nagar Haveli are covered with banking outlets (Bank Branch / BC / IPPB) within a radius of 05 kms (as on 06.03.2026)," according to a statement released by the Ministry of Finance. The Government endeavours ...Read More >
New Delhi [India], March 30 (ANI): Based on the data uploaded by banks on the Jan Dhan Darshak (JDD) App, almost 100 per cent of villages in the country are covered with banking outlets, informed the Finance Ministry. "99.92% villages in the country and 100% villages in the UT of Dadra and Nagar Haveli are covered with banking outlets (Bank Branch / BC / IPPB) within a radius of 05 kms (as on 06.03.2026)," according to a statement released by the Ministry of Finance. Also Read | 'King': Shah R ...Read More >
New Delhi [India], March 30 (ANI): Based on the data uploaded by banks on the Jan Dhan Darshak (JDD) App, almost 100 per cent of villages in the country are covered with banking outlets, informed the Finance Ministry. "99.92% villages in the country and 100% villages in the UT of Dadra and Nagar Haveli are covered with banking outlets (Bank Branch / BC / IPPB) within a radius of 05 kms (as on 06.03.2026)," according to a statement released by the Ministry of Finance. The Government endeavours ...Read More >
Gandhinagar (Gujarat) [India], March 30 (ANI): Banking assets at GIFT City's International Financial Services Centre (IFSC) have crossed USD 106.7 billion as of February 2026, marking a more than seven-fold increase from USD 14 billion in September 2020, underscoring the rapid scale-up of India's offshore banking ecosystem, according to a statement released by GIFT city. The growth has been supported by a robust and expanding banking base, with 37 banks operating in GIFT IFSC, including 20 fore ...Read More >
MUMBAI: With the regulatory radars of the Reserve Bank of India (RBI) and the Sebi on him, Atanu Chakraborty, the past part-time chairman of HDFC Bank, on Monday denied news reports that the real reason for his exit was the power struggle he had with the CEO. He also washed his hands off the huge pounding the country's most valued bank has taken since his abrupt resignation. Chakraborty resigned on March 18 more than a year ahead of his second term citing 'incongruence' with his values and ethi ...Read More >
Gandhinagar (Gujarat) [India], March 30 (ANI): Banking assets at GIFT City's International Financial Services Centre (IFSC) have crossed USD 106.7 billion as of February 2026, marking a more than seven-fold increase from USD 14 billion in September 2020, underscoring the rapid scale-up of India's offshore banking ecosystem, according to a statement released by GIFT city. The growth has been supported by a robust and expanding banking base, with 37 banks operating in GIFT IFSC, including 20 fore ...Read More >
Mumbai: The Reserve Bank of India (RBI) on Monday injected Rs 84,582 crore into the banking system to enhance liquidity through two variable rate repo (VRR) auctions. The central bank injected Rs 50,001 crore through the first three-day VRR auction early in the day at a cut-off rate of 5.34 per cent and weighted average rate of 5.44 per cent, according to an RBI statement. The RBI injected another Rs 34,581 crore at 5.26 per cent cut-off and 5.30 per cent weighted average rate at an auction la ...Read More >
Mumbai: The online application registration and acceptance process for the computerized lottery for the sale of 2,640 houses under various housing schemes in Mumbai, organized by the MHADA Mumbai Board, was inaugurated on Monday March 30th through a 'Go Live' ceremony by MHADA's Vice President and Chief Executive Officer, Sanjeev Jaiswal (IAS). Houses across Kannamwar Nagar, Patra Chawl, Borivali These lottery houses are available across various housing projects in Mumbai, including Kannamwar ...Read More >
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