This explains the statutory situations in which banks and authorities may freeze accounts under laws like PMLA and the Income Tax Act. The key takeaway is that freezing must have legal backing and ...

The penalty on Kotak Mahindra Bank was imposed through an order dated December 11, 2025, following supervisory findings by ...

The Commonwealth Bank of Australia will refund low-income earners receiving Centrelink payments approximately $68 million in ...

Opening a new checking or savings account can feel like a financial fresh start, especially when sign-up bonuses and slick ...

The Marshall Islands recently used Stellar to pay universal basic income, testing whether crypto can stand in for basic ...

RBI imposed a ₹61.95 lakh penalty on Kotak Mahindra Bank on 11 Dec 2025 for multiple regulatory compliance lapses identified ...

Editor's Note: APYs listed in this article are up-to-date as of the time of publication. They may fluctuate (up or down) as the Fed rate changes. CNBC Select will update as changes are made public. A ...

Savers received an unwelcome early Christmas surprise when the Bank of England cut its base rate but if you follow my advice ...

The nation’s top lender had also been slammed by Labor MP Ed Husic for “profiting off ill-gotten gains” and dodging its responsibilities to vulnerable customers.

If you carry out all your life admin — including managing money — from your phone, you may benefit from an online-only or ‘digital’ current account. These accounts are offered by banks that operate ...

The new State Pension and basic State Pension will increase by 4.8% under the triple lock mechanism, based on average ...

Despite being the global epicentre of mobile money innovation, Sub-Saharan Africa remains home to tens of millions of adults who ...