Tag: Bank
ICICI Bank-Videocon Case: Deepak Kochhar Sent To ED Custody For 11 Days
A special court in Mumbai on Tuesday sent businessman Deepak Kochhar to 11 days custody of the Enforcement Directorate (ED) which arrested him late on Monday in a money-laundering case. ....
Congress To Oppose Agri-marketing, Banking Ordinances In Parliament's Monsoon Session
In the wake of agitation by farmers in Haryana and Punjab, the Congress said on Sunday that it will oppose the bills government plans to introduce regarding the ordinances on agri-marketing and banking regulations in Parliament's Monsoon Session.....
LS Passes Banking Regulation Bill To Address Disruptions In Financial System
The Lok Sabha has passed a Bill to address the potential disruptions in the financial system and to ensure that cooperative banks are conducted in a manner that protects the interests of the depositors by increasing professionalism, enabling access to capital, improving governance and ensuring sound banking through the Reserve Bank of India (RBI). ....
SEBI Slaps Rs 1 Crore Fine On Rana Kapoor For Violating Disclosure Norms
The Securities and Exchange Board of India on Friday imposed a fine of Rs 1 crore on former Yes Bank MD and CEO Rana Kapoor for violation of disclosure regulations regarding a transaction of Morgan Credits Pvt Ltd, an unlisted promoter entity of Yes Bank. ....
Stock Market: Sensex Soars 400 Points; Auto, Banking Stocks Rise
The key Indian equity indices traded on a positive note on Monday morning with the BSE Sensex gaining over 400 points. ....
Sensex Up 400 Points; IT, Banking Stocks Rise
The key Indian equity indices rose on Monday with the BSE Sensex gaining over 400 points. Sensex rose above the 39,000-mark, and the Nifty50 on the National Stock Exchange (NSE) was trading above the 11,500 level. ....
Dinesh Khara Appointed New SBI Chairman
The Centre on Tuesday appointed Dinesh Kumar Khara as the new Chairman of State Bank of India (SBI). ....
ICICI Bank Services Down Early On Friday, Resolved Later
Customers of ICICI Bank faced issues in online transactions on Friday due to a technical glitch. ....
World Bank Cautions Indians Against Fraudulent Credit, Debit Cards
If there weren't enough financial crimes and frauds, credit and debit cards in the name of the World Bank are being issued in India. ....
RBI Report Flagged ICICI Loans To Videocon As 'imprudent' Decision By Chanda Kochhar: ED
The scrutiny of the credit sanctions in the ICICI-Videocon loan case by the Reserve Bank of India (RBI) has highlighted these sanctions to Videocon Group between June 2009 and April 2012, when Chanda Kochhar was the bank's Managing Director and CEO, were an "imprudent decision" and a clear case of "conflict of interest on her part", as per the Enforcement Directorate charge sheet. ....
