UPGB Branch Manager Allegedly Attacked During Loan Recovery in Moradabad A branch manager of Uttar Pradesh Gramin Bank (UPGB) was allegedly assaulted in Moradabad’s Pakbara area while on a loan recovery visit. Police have registered a case against the accused father and son and begun an investigation. Read More: https://thekanal.in/en-IN/details/upgb-branch-manager-allegedly-attacked-during-loan-recovery-in-moradabad-28289 # #banking

Seven Legal Notices to Former Banker Raise Questions Over Institutional Approval at UPGB A former banker has received seven legal notices on the same day from seven Regional Managers of Uttar Pradesh Gramin Bank, raising questions about whether the action was personal or institutionally approved. A formal representation has been submitted to Bank of Baroda seeking clarification, while the banker maintains that the concerns relate to governance and administrative issues within the bank. Read More: https://thekanal.in/en-IN/details/seven-legal-notices-to-former-banker-raise-questions-over-institutional-approval-at-upgb-36174 #banking

RBI Tighten UPI Rules, Govt Clears Wage Revision for Bankers The Reserve Bank of India (RBI) directed the National Payments Corporation of India (NPCI) to review UPI Autopay norms, while the Securities and Exchange Board of India (SEBI) revised gold valuation rules. Meanwhile, the Centre approved wage revisions for employees of public sector institutions including NABARD Subscribe Channel and Watch More: https://youtube.com/shorts/kZKoSvh6fug?si=yVUaWOOjtWVrNni # #banking

Pays ₹10 for ₹9.34 Loan Balance, Demands ₹0.66 Back, Karnataka Farmer Troubles Bank A farmer in Karnataka paid ₹10 to clear a ₹9.34 loan balance at a Canara Bank branch and asked for the remaining 66 paise to be returned. He said he would consider legal action if the exact amount in coins was not given. The incident has been reported in local media, and the bank has not issued a public response. Read More: https://thekanal.in/en-IN/details/pays-10-for-934-loan-balance-demands-066-back-karnataka-farmer-troubles-bank-98756 #banking

Indian Bank Renews Group Life Insurance Policy for FY 2026-27; Voluntary Additional Cover Continues Indian Bank renews Group Life Insurance (GLI) policy for FY 2026-27 with Shriram Life; voluntary additional cover continues with revised premiums and opt-out window was till February 28. *Read More: https://thekanal.in/en-IN/details/indian-bank-renews-group-life-insurance-policy-for-fy-2026-27-voluntary-additional-cover-continues-80448 #banking

UFBU Back Protest in IOB Over Toxic Work Culture The Indian Overseas Bank Officers’ Association (IOBOA) raised serious concerns over alleged toxic work culture, intimidation, and workplace harassment within Indian Overseas Bank (IOB), prompting support from the United Forum of Bank Unions (UFBU). While the agitation drew wider attention to issues of employee dignity and behavioural standards in the banking sector, the proposed strike has presently been deferred. Subscribe Channel and Watch More: https://youtube.com/shorts/sTHyOLv1TQg?si=2zomXLC2PMu4_JFu #banking

Former Banker Nitin Tyagi Reports Receiving Seven Legal Notices After Raising Concerns on UPGB A former banker Nitin Tyagi stated he received seven legal notices after raising concerns on social media about working conditions and insurance sales pressure at Uttar Pradesh Gramin Bank (UPGB). The bank has not responded publicly. Read More: https://thekanal.in/en-IN/details/former-banker-nitin-tyagi-reports-receiving-seven-legal-notices-after-raising-concerns-on-upgb-76701 #banking

Fino Payments Bank Under GST Scanner Over Alleged Use of Shell Entities The Directorate General of GST Intelligence is investigating alleged GST evasion by Fino Payments Bank. The probe is linked to suspected use of shell companies and payment aggregators. Read More: https://thekanal.in/en-IN/details/fino-payments-bank-under-gst-scanner-over-alleged-use-of-shell-entities-9539 #banking

HDFC Bank Tightens Locker Access Rules, Revises Charges Across Cities HDFC Bank has tightened locker access norms for customers. The changes include mandatory biometric authentication linked to Aadhaar and a revision in annual locker charges across locations. Read More: https://thekanal.in/en-IN/details/hdfc-bank-tightens-locker-access-rules-revises-charges-across-cities-5321 #banking

IOB Strike Call, IDBI Privatisation Escalates & RRB Pay Disputes: Weekly Banking Roundup This week saw a strike call at Indian Overseas Bank over toxic work culture, intensified protests against IDBI Bank’s proposed privatisation, renewed push for five-day banking and OPS demands, and fresh regulatory developments involving RBI, SEBI and the Labour Department. RRBs continued to witness disputes over officiating pay, pension, overtime and staff welfare. Here’s the complete weekly wrap on key developments shaping India’s banking landscape. Subscribe Channel and Watch More: https://youtu.be/An7CWGxSYiU?si=4nBkplCcYgcpWhcs #banking