Paytm Payments Bank To Be Wound Up

By BPN News Desk April 27, 2026

Business Finance

Paytm Payments Bank To Be Wound Up Paytm Payments Bank will be wound up after the Reserve Bank of India cancelled its banking licence, more than two years after the regulator imposed strict business restrictions on the payments bank. RBI Cancels Paytm Payments Bank Licence The RBI cancelled the

Business Finance

ICICI Bank Q4 Profit Rises To Rs 14,755 Crore

By BPN News Desk April 20, 2026

ICICI Bank reported a rise in profit for the March quarter of FY26, with consolidated net profit increasing 9.28% year-on-year to Rs 14,755 crore. The quarterly performance was supported by lower provisions, steady credit growth and continued strength in core banking operations. On a standalone basis, net profit came in lower than the consolidated figure, […]

Business Finance

ED Raids 19 Sites In ₹597 Crore IDFC Fraud

By BPN News Desk March 13, 2026

The Enforcement Directorate (ED) has conducted search operations at 19 locations across Chandigarh, Mohali, Panchkula, Gurugram and Bengaluru in connection with an alleged ₹597-crore fraud linked to IDFC First Bank. Authorities also froze more than 90 bank accounts suspected to be connected to the diversion of funds as investigators attempt to trace the money trail […]

Business Finance

Kotak Mahindra Denies Bid For IDBI Bank

By BPN News Desk February 8, 2026

Kotak Mahindra Bank clarified that it has not submitted a bid for IDBI Bank, responding to market speculation about potential participation in the government’s ongoing disinvestment process. The statement was issued to address reports suggesting the private lender was evaluating an acquisition proposal. Kotak Mahindra Bank Denies IDBI Bank Bid The bank said it has […]