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IDFC First Bank among 5 stocks showing bullish signals - Technical Trigger
The Economic Times· 2026-02-27 03:09
Core Insights - The article discusses a specific candlestick pattern in trading, characterized by a long white (or green) body with no upper shadow and a small or non-existent lower shadow, indicating strong buying pressure throughout the trading session [1] Group 1 - The long white candlestick pattern signifies that buyers were in control from the opening to the closing of the session [1] - Traders interpret this pattern as a signal for potential future price movements in financial markets, suggesting a bullish sentiment [1]
Govt Begins Piloting CBDCs For Food Subsidy Distribution
Inc42 Media· 2026-02-26 20:31
The pilot is being implemented by the Puducherry government, the RBI, the Public Financial Management System (PFMS) and Canara BankCurrently being piloted in Puducherry, the Centre plans to expand the initiative to three to four states and UTs, including Chandigarh and Dadra and Nagar Haveli, “soon”Beneficiaries will get digital coupons in their CBDC wallets, which can then be used to redeem the entitled quantity of foodgrains at merchant outletsThe Centre yesterday rolled out a central bank digital currenc ...
RBI's additional liquidity support to wind down after March, bankers say
BusinessLine· 2026-02-26 07:02
The Indian central bank’s additional liquidity support to lenders, which has pushed overnight rates ​towards the floor of the policy rate corridor in a bid to ‌ease money market stress and improve transmission, is unlikely ​to extend beyond March, according to bankers.Market participants ⁠say the liquidity push reflects an interim calibration, with the central bank aiming to ease short-term rates.India’s banking system liquidity surplus has averaged around 1.1 per cent ‌of deposits this month, inching past ...
Emirates NBD Brings Carbon Tracking to ENBD X App to Drive Sustainable Spending
The Fintech Times· 2026-02-26 05:00
Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region, has launched a new service designed to help customers verify their carbon footprint based on their daily transactions.The new feature, dubbed the ENBD X Carbon Calculator, will be available directly within the ENBD X Mobile Banking app. It allows nearly two million users to link their financial wellbeing with tangible climate action.How the Carbon Calculator worksThe newly introduced product automatically ana ...
Yes Bank reports $0.28 mn forex card fraud with Latin America link; tightens controls
The Economic Times· 2026-02-26 04:21
In an exchange filing, the private lender said unauthorised transactions, in the card partnered with BookMyForex, were attempted on specific BIN numbers, triggering alerts within its fraud monitoring systems. Also Read | RBI summons Yes Bank executives over forex card breach"These fraudulent transactions were carried out on 15 merchants based in a Latin American country in the early hours of February 24, 2026, between 3:30 AM and 8:30 AM (IST). The specific country does not mandate two-factor authenticatio ...
First Bank(FBNC) - 2025 Q4 - Annual Report
2026-02-25 21:41
UNITED STATES SECURITIES AND EXCHANGE COMMISSION | North Carolina | 56-1421916 | | --- | --- | | (State or Other Jurisdiction of Incorporation or Organization) | (I.R.S. Employer Identification Number) | | 205 SE Broad St., Southern Pines, North Carolina | 28387 | | (Address of Principal Executive Offices) | (Zip Code) | | (Registrant's telephone number, including area code) | (910) 246-2500 | Securities Registered Pursuant to Section 12(b) of the Act: | Title of each class | Trading Symbol | Name of each e ...
First Bank (FRBA) is a Top Dividend Stock Right Now: Should You Buy?
ZACKS· 2026-02-25 17:45
All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it b ...
FrontView REIT (FVR) Q4 2025 Earnings Transcript
Yahoo Finance· 2026-02-25 17:43
Since the IPO in October 2024, we have added 61 properties and increased the initial asset base by nearly 30%. Starting this quarter and going forward, to help you better understand our real estate strategy, we will highlight one quarterly acquisition on the cover of our investor presentation and briefly discuss it during our calls. This quarter, we are highlighting a Seven Brew in Jacksonville, Florida. Seven Brew is a rapidly growing drive-through coffee chain founded in 2017, known for its high-energy, d ...
Rs 590-crore question: How ex-branch head & relationship manager 'masterminded' IDFC FIRST Bank scam linked to Haryana government funds
The Economic Times· 2026-02-25 14:26
The arrests were made on Tuesday evening as part of an ongoing investigation into alleged financial irregularities involving government accounts.Who Has Been Arrested?Speaking to the media in Panchkula, ACB Director General A S Chawla identified the accused as Ribhav Rishi, Abhay Kumar, Swati Singla and Abhishek Singla.Rishi, who previously headed the bank’s Sector 32 branch, left his post around six months ago. Abhay Kumar, a relationship manager at the bank, resigned in August last year. According to off ...
IDFC First Bank fraud: 4 arrested in ₹590-crore case; here’s how they allegedly executed the scam
MINT· 2026-02-25 08:02
Four people have been arrested in the ₹590-crore IDFC First Bank fraud case. Haryana’s State Vigilance and Anti-Corruption Bureau made the arrests on 24 February evening as a part of the ongoing investigation, PTI reported.Among those arrested are two former IDFC First Bank employees, Ribhav Rishi and Abhay. The other two accused are Abhay’s wife, Swati Singla, and her brother, Abhishek Singla. They are private individuals and run a partnership firm.The Anti-Corruption Bureau (ACB) earlier registered an FIR ...