India23, Apr 2019, 6:37 PM IST
Know the Parekhs of Kolkata, whose 48 properties ED seized
According to the ED, the action has been taken against Shree Ganesh Jewellery House India Limited, Kolkata after filing a case under the provisions of the Prevention of Money Laundering Act, 2002 (PMLA) in the bank fraud case.
Economy22, Apr 2019, 4:24 PM IST
Supreme Court saves several big companies from insolvency by striking down RBI circular
The circular, if implemented, would have taken many big companies like Essar Power, GMR Energy, KSK Energy and Rattan India Power to insolvency.
India15, Apr 2019, 7:19 PM IST
Aligarh Muslim body threatens Shazia Ilmi of social boycott
An educational event for the minorities called 'Talim-e-Tarbiyat' organised in association with esteemed organisations like the National Stock Exchange (NSE) and Union bank had invited Shazia as a guest of honour for the panel discussion.
India13, Apr 2019, 4:53 PM IST
Former IL&FS MD Ramesh Bawa arrested for default
Bawa had resigned as the CEO and MD of IL&FS Financial Services in September last year amid the allegation of defaults in loan payment and corporate governance issues.
Politics9, Apr 2019, 9:19 AM IST
Telangana Police seize BJP’s Rs 8 crore; conspiracy by TRS, says party
Telangana is all set for polls which are to take place in two days time. At such a crucial time, the Telangana Police swooped in on the BJP when the party members were transporting Rs 8 crore from the bank to the office.
India7, Apr 2019, 2:18 PM IST
CBI raids Bhushan Power and Steel's offices for Rs 2,348 crore bank fraud
The fraud case, according to the sleuths, resulted in a loss of Rs 2,348 crore (approx) for the lending banks/financial institutions/govt exchequer
Politics4, Apr 2019, 5:23 PM IST
Congress-JDS farm loan waiver in Karnataka: Sumalatha targets chief minister Kumaraswamy
Sumalatha Ambareesh, who is taking on the son of the Karnataka chief minister Kumaraswamy in Mandya, alleged that a financial secretary met her husband Ambareesh and asked him to prevail upon him to recommend Kumaraswamy not to implement the farm loan waiver scheme, as, at that point in time, it was too unrealistic, owing to bankruptcy in the state treasury
India3, Apr 2019, 4:32 PM IST
Enforcement Directorate attaches TDP MP Chowdary's properties worth hundreds of crores
The Enforcement Directorate (ED) has attached assets (movable and immovable) worth Rs 315 crore of a firm that belongs to Telugu Desam Party (TDP) lawmaker YS Chowdary. The firm is in soup over money laundering and bank fraud
Elections1, Apr 2019, 2:22 PM IST
Congress Manipur candidate is wilful defaulter of Rs 116 crore of PNB loan
In the letter, the bank mentioned that it had sanctioned a cash credit loan of Rs 100 crore and a term loan of Rs 17 lakh in favour of M/S North East Region Financial Services Limited in which Keishing James Lalrongbawl was a director and personal guarantor.
India1, Apr 2019, 1:51 PM IST
Vijaya Bank and Dena Bank merge with Bank of Baroda
Amidst protests from the staff of Vijaya Bank and people from coastal Karnataka, Vijaya Bank merged with Bank of Baroda along with Dena Bank from today (April 1)
India31, Mar 2019, 3:37 PM IST
Beware, a simple election-related query can make your bank account go blank
Cybercriminals have already launched phishing attacks and made fake websites related to the 2019 general election and their intention is to extract maximum data from the voters
Jobs26, Mar 2019, 4:53 PM IST
Bank jobs: All the latest vacancies of 2019
Banks jobs vacancies in the major public sector banks which conduct their exams for - clerks (Clerical), specialist officer (SO), probationary officers (PO) and management trainees (MT) through Institute of Banking Personnel Selection (IBPS).
India26, Mar 2019, 2:50 PM IST
Fraudster Vijay Mallya accuses NDA govt of double standards, offers to rescue crashed Jet
Vijay Mallya has offered to pay 100 percent of the amount he owes to Indian banks. He has accused NDA of double standards and has said that his 4000 crore investment into Kingfisher was not recognised and instead slammed.
India25, Mar 2019, 1:07 PM IST
Jet Airways financial mess claims founder’s job: Naresh Goyal steps down
Buried under a debt of more than $1 billion, Jet Airways is struggling to make payments to banks, suppliers, pilots and lessors. This has led to the grounding of at least 40 planes.