Retail depositors and governments have matured in their approach to managing their funds. Depositors are unwilling to settle for lower returns from banks when other investment avenues are fetching more. Governments are not allowing their surplus funds lie idle with banks. And acknowledgment of this comes from bankers themselves.They say mobilising low-cost current account, savings account (CASA), which is one of the key factors for offering loans at competitive interest rates and improving/maintaining net i ...

Days after a State Bank of India (SBI) branch in Karnataka's Vijayapura was looted of cash and valuables worth ₹21 crore, police in Maharashtra have been able to recover a significant portion of the stolen goods from a house in Maharashtra.The recovery was made from an abandoned building in Huljanti village near Mangalwede.According to the police, on Tuesday (September 16) evening at around 6.30 pm, three masked men armed with country-made pistols and knives allegedly robbed a nationalised bank in Chadchan ...

For the second time in four months, Vijayapura district in Karnataka has witnessed a major bank robbery. In what appears to be heist reminiscent of a thriller drama, armed men looted cash and gold worth about ₹21 crore from a State Bank of India (SBI) branch in Chadchan town of Vijayapura district, Karnataka, on Tuesday evening.Earlier in June 2025, gold worth over ₹53 crore and cash of ₹5.2 lakh were stolen from a Canara Bank branch in Managuli, also in Vijayapura district.The SBI theft occurred around 6.3 ...