Latest Financial Security News & Updates

Bengaluru, Feb 20 (IANS) The Karnataka State Cyber Command has launched a statewide special drive against mule bank accounts and arrested 68 key accused and suspects between December 2025 and February 2026, according to an official statement issued by Cyber Command Director General of Police Pronab Mohanty.Mule accounts are bank accounts used by cybercriminals to illegally transfer, receive, or conceal proceeds of crime, often with the involvement of intermediaries known as mule account holders …

New Delhi, Feb 10 (IANS) Delhi Chief Minister Rekha Gupta on Tuesday announced the launch of the ‘Delhi LakhpatiBitiya Yojana’, upgrading and restructuring the Ladli Scheme of 2008 after over a decade and a half, to ensure financial security and educational continuity for girls from economically weaker families. The Chief Minister said that the initiative aims to ensure that no girl child in Delhi is forced to discontinue her education due to financial constraints, while creating a long-term…

Bengaluru, Feb 7 (IANS) Karnataka Chief Minister Siddaramaiah has stated that the state government aims to increase chit fund transactions to Rs 10,000 crore in the coming years from the current Rs 500 crore of business. He was speaking on Saturday after releasing the new MSIL Chits software and mobile app, organised by Mysore Sales International Limited, owned by the state government.In Kerala, transactions in this sector amount to Rs 47,000 crore. In Karnataka, only Rs 500 crore of business is…