Tag: Bank
IAS Officers Aided Corrupt Bank Officials: Delhi Assembly Panel Report
A multi-crore-rupee scam happened in a government cooperative bank and two IAS officers delayed a probe against corrupt bank officials and lied during an inquiry, according to a Delhi Assembly committee report tabled in the house on Wednesday.....
India Will Regain Rank As Fastest Growing Economy In 2018-19: IMF
The International Monetary Fund on Monday reaffirmed that India's economy is projected to grow by 7.4 percent in the next fiscal year, regaining the rank of the world's fastest growing large economy. ....
Ex-PNB Official Shetty Booked In Rs 9-cr LoU Fraud With Another Company
Apparently, the Nirav Modi and Mehul Choksi groups were not the only ones indulging in frauds related to Letters of Undertaking (LoUs) issued by the Punjab National Bank (PNB) officials.....
Baijal Requests RBI To Inquire Delhi Cooperative Bank 'scam'
Delhi Lt Governor Anil Baijal on Thursday requested Reserve Bank of India (RBI) to inquire into the alleged irregularities in a city cooperative bank and also directed the Economic Offences Wing (EOW) of Delhi Police to investigate the entire matter.....
ED Registers Case In Alleged Rs 173 Cr Fraud In UBI
The Enforcement Directorate registered a money laundering case in connection with an alleged scam of over Rs 173 crore in the United Bank of India (UBI) in 2016, an official said on Thursday.....
Indian GST System Among Most Complex Globally: World Bank
The Indian Goods and Services Tax (GST) system is among the most complex in the world with not only one of the highest tax rates but also one of the largest number of tax slabs, the World Bank has said. ....
SBI Cuts Interest Rates On Home Loans, Fixed Deposits
Country's largest lender State Bank of India (SBI) on Monday announced a reduction in its marginal cost-based lending rate or MCLR by 10 basis points across all tenors and has also reduced rates on term deposits.....
Chennai Bank Strike: Cheques Worth 23,000 Cr. Held Up
Banking operations were largely affected in the country on Friday owing to the strike by bankers pressing for early settlement of wage revision, said a top leader of All India Bank Employees' Association (AIBEA).....
National Recruitment Agency For All Computer Based Exams Soon
Emphasising on creating more employment, Union Finance Minister Nirmala Sitharaman on Saturday announced that a National Recruitment Agency (NRA) will be set up for all computer-based examinations for recruitment to non-gazetted government and public sector banks posts.....
PMC Bank Scam: SC Stays HC Order On Sale Of HDIL Assets
The Supreme Court on Friday stayed the Bombay High Court order on the sale of the bankrupt Housing Development and Infrastructure Ltd (HDIL) as a measure to facilitate the repayment of dues of crisis-hit Punjab and Maharashtra Cooperative (PMC) Bank.....
