ICICI Bank branch manager ran scam for years to meet performance targets: Report

Pratapgarh (Rajasthan): An ICICI Bank branch manager and his associates successfully met their business performance goals over several years by withdrawing funds from the accounts of unsuspicious customers at their branch, media reports said.

RBI calls on banks to remain vigilant against accumulation of risks

Mumbai: RBI Governor Shaktikanta Das cautioned banks about the accumulation of risks within the banking system during a meeting with CEOs. He underscored the importance of remaining vigilant and avoiding complacency, stressing that banks must stay alert to potential risks, media reports said.

Govt advises banks to appoint nodal officers for cyber security following UCO Bank incident

New Delhi: Taking note of the increasing incidents of bank fraud, the Finance Ministry Tuesday advised banks to appoint nodal officers to address cyber security concerns.