Tag: Bank
Inflationary Woes: RBI Retains Rates, Maintains Accommodative Stance
The Reserve Bank of India (RBI) on Friday retained its key short-term lending rates to subdue the unabatedly high inflation rate.....
CBI Raids Several Locations In 2 Separate Bank Fraud Cases Worth Rs 8,200 Cr
The Central Bureau of Investigation (CBI) has filed cases against a Hyderabad-based company, Transstroy (India) Ltd, for allegedly cheating a consortium of banks of Rs 7,926 crore, and against a Chennai based company for cheating the bank to the tune of Rs 313.79 crore, officials said on Friday. ....
Two Day Bank Strike Successful: AIBEA
The two day nationwide banker's strike in protest against privatisation of government banks was a total success, said the top leader of a major union. ....
Banking Services To Hit As Employees Go On 2-day Strike From Monday
Banking services are likely to be affected across the country as lakhs of bank employees went on a two-day strike from Monday protesting the privatisation of two public sector banks and 'retrograde' banking reforms. ....
High Frequency Indicators Showing Mixed Signals: RBI Governor
As country battles the Covid crisis and states go for lockdowns, Governor of the Reserve Bank of India (RBI) Shaktikanta Das has said that high frequency indicators are showing mixed signals for the Indian economy.....
CBI Searches 6 Locations In Mumbai In Rs 134 Crore Bank Fraud Case
The Central Bureau of Investigation (CBI) on Friday carried out searches at six locations in Mumbai after registering a case of bank fraud worth Rs 134 crore against Gujarat-based Associate High Pressure Technologies Pvt Ltd and its directors. ....
ED Attaches Properties Of Dino Morea, Ahmed Patel's Son-in-law In Bank Fraud Case
In a big setback to late Congress leader Ahmed Patel's son-in-law Irfan Ahmed Siddiqui and Bollywood actor Dino Morea, the Enforcement Directorate (ED) said on Friday that it has attached their properties in connection with the Sandesara Group bank fraud case.....
PM Modi Announces Rs 2L For Kin Of Barabanki Accident Victims
Prime Minister Narendra Modi has announced ex-gratia of Rs 2 lakh each, from PMNRF for the next of kin of those who lost their lives in the tragic accident in Barabanki on Wednesday morning. ....
RBI Announces Fresh Rs 50K Crore Auction Under G-sec Acquisition Programme 2.0
RBI on Friday announced that it will conduct two more auctions of Rs 25,000 crore each for open market purchase of government securities under G-sec Acquisition Programme (G-SAP 2.0). ....
Afghans Running Out Of Money As Banks, ATMs Shut For 7th Day
Afghans are becoming increasingly scared they may run out of money, as banks remain shut for the seventh day in Afghanistan. ....
