Tag: Bank
Cabinet Nod For Rs 24,000 Cr FDI In HDFC Bank
The Cabinet on Wednesday approved Rs 24,000 crore foreign direct investment (FDI) into HDFC Bank, Finance Minister Piyush Goyal said here.....
'New India' Is Rising, Says Modi
Prime Minister Narendra Modi on Tuesday said a "New India" was rising and that the Asian continent was at the centre of global economic activity.....
Red Corner Notice Issued Against Nirav Modi
Interpol has issued a red corner notice (RCN) against fugitive diamond jeweller Nirav Modi after the CBI requested this in connection with the Rs 13,500 crore fraud on Punjab National Bank (PNB), officials said here on Monday.....
India Asks Antigua To Detain Choksi
India has asked Antigua and Barbuda to detain Mehul Choksi, an accused in the Punjab National Bank (PNB) fraud case, and to prevent him from leaving the country.....
Sensex, Nifty Touch New Record Highs; Banking Stocks Rise
Key equity indices - BSE Sensex and NSE Nifty50 -- touched fresh all-time highs on Monday, supported by healthy buying in banking, consumer durables and auto stocks.....
Change In RBI Act, New Law May Be Needed For PCR: RBI
The government may need to amend the Reserve Bank of India Act of 1934 and also bring a special law vis-a-vis setting up of the Public Credit Registry (PCR) to revolutionise the credit sector, an RBI official said on Monday.....
CBI Books Hyderabad Firm For Cheating Banks Of Rs 1,700 Crore
The CBI on Thursday said it has a registered a case against a Hyderabad-based telecom equipment manufacturing company VMC Systems and its directors over an alleged bank fraud case to the tune of Rs 1,700, on the complaint of Punjab National Bank (PNB).....
Chanda Kochhar Quits As ICICI Bank CEO; Inquiry To Continue
ICICI Bank's Chanda Kochhar, who is facing allegations of conflict of interest over a loan to Videocon Group that had in turn lent to a company part-owned by her husband, has quit as the bank's Chief Executive Officer and Managing Director. The inquiry against her will continue. ....
RBI To Inject Rs 40,000 Cr Liquidity In December
Yielding to the liquidity concerns raised by the government, the Reserve Bank of India (RBI) on Tuesday said it will "inject durable liquidity" of Rs 40,000 crore through open market operations (OMOs) in December.....
RBI Is Accountable, Government Runs Country: Shaktikanta Das
Declaring that he will uphold the "autonomy, integrity and credibility" of the RBI, newly-appointed Governor Shaktikanta Das said on Wednesday that the government is responsible for running the country and the central bank is also accountable.....
