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Wage, fuel spike hit ATM cash services in four states

The one-day disruption affected ATM uptime and cash availability across the four states, with intermittent service gaps reported as regular cash replenishment cycles were interrupted. Industry executives, however, said operations are expected to resume from Tuesday after several private sector banks agreed to renegotiate contracts and revise service fees, while discussions with other lenders continue. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/yMk2cmx via IFTTT
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Singham vs scammers? Bandhan Bank brings Rohit Shetty for Cyber Cop mission

Bandhan Bank has launched Cyber Cop, a nationwide cyber fraud awareness campaign under its CSR programme with filmmaker Rohit Shetty, as cybercrime losses in India remain a big threat. The initiative promotes safer digital behaviour through the "Pause. Verify. Report." message amid rising AI-enabled fraud and increasing online financial scams. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/4oE1lJs via IFTTT
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HDFC Bank's highest-paid execs in FY26: Deputy MD Bharucha takes home ₹17.14 cr while MD & CEO Jagdishan receives ₹15.13 cr

HDFC Bank executives saw salary increases in fiscal year twenty twenty-six. Deputy Managing Director Kaizad Bharucha earned seventeen point one four crore rupees. This total remuneration surpassed CEO Sashidhar Jagdishan's fifteen point one three crore rupees. Performance-linked variable pay significantly boosted their overall compensation packages. Executive Director V. Srinivasa Rangan received the largest percentage fixed pay hike. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/36qkWgz via IFTTT
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RBI seeks banks’ views on introducing education savings plan with better returns

The Reserve Bank of India is exploring a new savings product for education. Banks are discussing this proposal and will submit their recommendations soon. Rising education costs necessitate such dedicated financial planning tools. This initiative aims to help families build a corpus for school expenses. The proposed product may require new regulatory dispensations from the RBI. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/fHgGxkc via IFTTT
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FM Sitharaman to meet PSB chiefs to review foreign currency deposit drive

Finance Minister Nirmala Sitharaman will meet public sector bank chiefs Monday. They will review efforts to attract foreign currency deposits from overseas Indians. The Reserve Bank of India removed interest rate ceilings on certain deposits. This move aims to boost inflows and encourage external commercial borrowings. Banks will also discuss increasing credit flow to productive economic sectors. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/n7o5wJb via IFTTT
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HDFC Bank ex-chairman Atanu Chakraborty's FY26 earnings rise 3.5% despite early exit

Atanu Chakraborty's earnings rose to Rs 1.07 crore in FY26, as per HDFC Bank disclosures. He resigned as chairman citing ethical concerns, which raised governance questions. The bank appointed external law firms to review Chakraborty's statement. These firms found no substantiation for his claims after reviewing records. Chakraborty attended all board meetings until his resignation on March 18, 2026. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/Hal8y1p via IFTTT
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HDFC Bank MD: Chakraborty's abrupt exit a 'challenging event' that raised governance questions

HDFC Bank MD Sashidhar Jagdishan addressed chairman Atanu Chakraborty's resignation and governance questions. External law firms reviewed Chakraborty's statement, finding it unsubstantiated by records and interviews. The bank welcomed new chairman Rajiv Kumar, noting his financial sector reform experience. Jagdishan assured shareholders of the bank's commitment to strong corporate governance standards. HDFC Bank continued its upward performance with increased advances and profitability. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/pVX1ag5 via IFTTT
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