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Indian Cyber Crime Coordination Centre

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Banking, Fintech & Insurance 15 Nov 2026, 05:00 PM IST

Three Arrested in Bhopal Over ₹71 Lakh Digital Arrest Scam Targeting Delhi Woman

Police in Bhopal have arrested three people accused of helping defraud a Delhi woman of ₹71 lakh through a sophisticated 'digital arrest' scam. Investigators say the victim was coerced by a caller posing as an IPS officer and threatened with arrest in a fabricated ₹6.5-crore money laundering case. The probe, led by the Indian Cyber Crime Coordination Centre’s IFSO unit, has also exposed a wider network of mule bank accounts used to move the cheated money across multiple layers, underscoring the growing scale and organisation of cyber-enabled financial fraud in India.

By RDU Global Wire5 min read

Banking, Fintech & Insurance15 Nov 2026, 08:00 AM IST

IFC Extends $150 Million Credit Line to SBI in First Investment in an Indian State-Owned Bank

The International Finance Corporation has extended a $150 million social loan to State Bank of India to expand agricultural financing for about 864,000 rural women, marking its first investment in an Indian state-owned bank. The deal also includes IFC’s first domestic cross-currency swap with an Indian bank, with SBI becoming its first local swap counterparty in South Asia.

5 min readRead →

Banking, Fintech & Insurance14 Nov 2026, 08:00 PM IST

FCNR Windfall Masks Slower Core Deposit Growth at Indian Banks

A review of 10 Indian banks shows that reported deposit growth in the July-September quarter averaged 21.1% year-on-year, but the headline number was flattered by special foreign currency inflows. Excluding FCNR deposits, domestic deposit growth was estimated at just 12.2%, exposing a much weaker underlying trend in bank liability mobilisation.

4 min readRead →

Banking, Fintech & Insurance14 Nov 2026, 08:00 PM IST

IFC Extends $150 Million Credit Line to SBI in First Investment in an Indian State Bank

5 min readRead →

Startups & Venture Capital14 Nov 2026, 05:00 PM IST

Microsoft Outlook Outage Drags On, Disrupting Indian Enterprises and Daily Workflows

Microsoft’s prolonged Outlook disruption continued to ripple through Indian workplaces on Thursday, leaving employees unable to access email, calendars and related productivity tools at the start of the business day. The outage has underscored how deeply enterprise operations in India now depend on cloud-based communication systems, with startups and larger firms alike scrambling for workarounds. For professionals such as Kriti, a Gurugram-based marketing executive, the outage meant a sudden halt to routine work before the day had properly begun. The incident has also revived concerns about business continuity, vendor concentration risk and the operational fragility that can emerge when a single platform underpins critical corporate functions.

6 min readRead →

Banking, Fintech & Insurance14 Nov 2026, 05:00 PM IST

Indian Bank Targets Rs 100 Crore in EV Charging Loans by FY27

Indian Bank has set a lending target of Rs 100 crore for electric vehicle charging infrastructure in FY27 as it rolls out IND Green Charge, a financing scheme aimed at public, captive and fleet charging stations. The initiative is designed to expand access to credit for EV infrastructure developers while supporting entrepreneurship and India’s broader shift toward sustainable mobility.

5 min readRead →

Banking, Fintech & Insurance14 Nov 2026, 05:00 PM IST

Agricultural Loans Emerge as Indian Banks’ Biggest Asset-Quality Risk

Agricultural lending has become the most vulnerable pocket of Indian banks’ loan books, with the gross non-performing asset ratio in the segment rising to 5.1%, far above the 1.5% seen in industry and services. While the stress reflects the impact of a weak monsoon and uneven rural cash flows, banks say agricultural bad loans have eased from the peaks seen in 2020-21, even as slippages remain a concern.

5 min readRead →

Banking, Fintech & Insurance15 Nov 2026, 05:00 PM IST

SBI Probes Suspected Cyberattack After 3,897 Customer Records Surface on Dark Web

State Bank of India is investigating a suspected cyberattack that may have exposed 3,897 customer records, including names, contact details and loan-related information. The bank is working to contain the incident, identify the source of the breach and close any vulnerabilities while a root cause analysis remains underway.

5 min readRead →

Banking, Fintech & Insurance15 Nov 2026, 02:00 PM IST

SBI Hunts for Weak Links After Suspected Cyberattack Exposes 3,897 Customer Records

State Bank of India is investigating a suspected cyberattack after customer information linked to 3,897 records surfaced on the dark web, prompting an internal effort to contain the breach and identify the vulnerability. The bank says root cause analysis is still under way as it works to determine the scope of exposure, including names, contact details and loan-related records.

5 min readRead →

Global Markets & Equities14 Nov 2026, 02:00 PM IST

Tesla Opens Cybercab Sales to Select Customers, Signaling a New Phase for Its Autonomy Push

Tesla has begun offering its autonomous Cybercab to a limited group of customers, according to reporting from The Wall Street Journal, marking an early commercial step for a vehicle long positioned as a cornerstone of the company’s self-driving ambitions. The move suggests Tesla is testing demand and operational readiness for a product that remains tightly constrained by geography, regulatory conditions and the maturity of its autonomy software.

5 min readRead →

Banking, Fintech & Insurance13 Nov 2026, 08:00 PM IST

Spandana Sphoorty Flags Rs 7.8 Crore Cyber Fraud, Seeks Bank Reversal

Spandana Sphoorty Financial reported unauthorized transactions worth Rs 7.8 crore after discovering a cyber fraud incident on Sunday, triggering immediate containment measures and a formal request to its bank to reverse the transfers. A senior company official said the microfinance lender has insurance coverage for the loss, while investigations continue into how the breach occurred and which services were affected.

5 min readRead →

Banking, Fintech & Insurance13 Nov 2026, 02:00 PM IST

Indian Fintechs Move to Set Vendor Code as Cyber Risks Intensify

India’s fintech industry is preparing a framework to impose clearer best practices on technology vendors as cyberattacks, service outages and third-party failures become a growing operational threat. The Unified Fintech Forum initiative is expected to strengthen cybersecurity preparedness and resilience across a sector that increasingly depends on external providers for critical functions.

5 min readRead →

Banking, Fintech & Insurance12 Nov 2026, 02:00 PM IST

AI-Driven Cyberattacks Drain ₹300 Crore From Small NBFCs in Two Months

Indian small non-banking finance companies have suffered an estimated ₹300 crore in losses over the past two months amid a surge in AI-assisted cyberattacks, with about 150 fraud cases reported. Investigators and industry sources are increasingly examining the role of Chinese hacking platforms and AI toolkits, while lenders are being urged to urgently strengthen cyber defenses and operational controls.

5 min readRead →

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Co-Occurring Entities

Entities frequently referenced alongside Indian Cyber Crime Coordination Centre:

IFSO(1)Delhi woman(1)Delhi(1)Bhopal(1)