Forensic audit on PMC scam expected by month-end: Shaktikanta Das
"There is a forensic audit underway. We will get the report by the end of this month. Assessment of the realisable value of the assets of the bank is also on," Das told reporters after the announcement of the monetary policy.
NCLT admits Bank of India's insolvency process against RNA Corp
The public sector lender had granted a loan of Rs 75 crore to RNA Corp in Oct...
Banks’ economic apartheid towards SMEs must end
The SME sector is facing some sort of economic apartheid from lenders which means “separatene...
Andhra Bank to forgo call option on bonds
A call option is an exit route for investors.
Ajit Pawar gets ACB clean chit in Vidarbha irrigation scam
The ACB, in its affidavit submitted in the Nagpur Bench of the Bombay High Court, has ruled out Pawar's involvement in cases of alleged irregularities in irrigation projects in the Vidarbha region.
Vidarbha irrigation scam: Ajit Pawar gets clean chit from Maharashtra's ACB
Maharashtra's Anti-Corruption Bureau (ACB) has given a clean chit to NCP leader and former deputy chief minister Ajit Pawar in the Vidarbha ...
Anuranjita Kumar announces exit from the Royal Bank Of Scotland
Anuranjita Kumar joined the bank in September 2017 after a 22-year stint at Citi in September 2017. Here she spearheaded a variety of initiatives, especially in the D&I space including a medical cover for LGBT couples and creating an industry cohort for improved growth prospects for women in the technology space through the ‘Women In Tech Forum’ amongst others.
Medical college scam: CBI books, conducts searches at Justice SN Shukla’s premises
Besides Justice Shukla, former Odisha High Court Judge I M Quddusi- who already stands charge sheeted by the agency in the scandal- along with five others have been booked by the CBI in a fresh FIR registered on December 4.
Business decisions taken by bank officials won’t be questioned: PM
The PM said his government is promoting professionalism especially in civil services.
RBI investigating 'net banking' breakdown at HDFC Bank
Following the outage, several HDFC customers were unable to access their salary accounts to make bill payments.
PNB scam: Proclamation order issued against Nirav, 2 others
A special CBI court issued the order against Nirav Modi, Neeshal Modi and a close associate Subhash Parab, directing them to remain present before it by mid January. As per the law, once a court issues a proclamation order, the accused needs to remain present before it within the stipulated deadline, failing which they can be declared as proclaimed offender.
Share market update: Bank shares mixed; Yes Bank slips 5%
The Nifty Bank index was trading 0.29 per cent up at 31805.35 .
Buzzing stocks: Vodafone Idea, YES Bank, RCom, ICICI Bank
YES Bank (Rs 288.06 crore) was leading the pack of most active stocks in value terms.
Maharashtra government wants PMC Bank to merge with MSC Bank
"The government stands behind the PMC Bank depositors. I have spoken with the MSC Bank director and asked him to consider a merger of the two banks to provide relief to the depositors," Patil told mediapersons here this afternoon. He assured that the state's apex cooperative banking entity.
Axis Bank’s Jairam Sridharan resigns as CFO
Axis Bank’s Jairam Sridharan has resigned from the post of group executive and chief financial officer, the lender informed bourses on Frida...
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