Search For "allahabad bank"
Infosys lifts Sensex 160 points, Nifty closes below 11,600
Updated : 7 years ago IST
Mumbai (Maharashtra) [India], July 15 (ANI): Equities witnessed a lacklustre trading session on Monday but the rally in Infosys drove benchmark indices higher while broader markets underperformed.
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Allahabad Bank stock drops 10 pc after reports of Rs 1,775 crore fraud by
Updated : 7 years ago IST
Mumbai (Maharashtra) [India], July 15 (ANI): Shares of government-owned Allahabad Bank slumped over 10 per cent in morning trade on Monday after the bank reported a fraud of Rs 1,775 crore by Bhushan Power and Steel Limited (BPSL) to the Reserve Bank of India (RBI).
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RBI imposes penalty on four banks for non-compliance of KYC/AML rules
Updated : 7 years ago IST
Mumbai (Maharashtra) [India], July 3 (ANI): The Reserve Bank of India (RBI) has imposed a penalty of Rs 1.75 crore on four public sector banks for non-compliance with KYC requirement and norms for opening of current accounts.
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PNB scam: Ex-MD of Allahabad Bank granted bail
Updated : 7 years, 11 months ago IST
Mumbai (Maharashtra) [India], Aug. 20 (ANI): A special Central Bureau of Investigation (CBI) court here on Monday granted anticipatory bail to former Managing Director (MD) and Chief Executive Officer (CEO) of the Allahabad Bank, Usha Ananthasubramanian, on a surety bond of Rs 1 lakh in m
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FinMin seeks new appointments in PNB, Allahabad Bank
Updated : 8 years, 1 month ago IST
New Delhi [India], May 21 (ANI): In the wake of the banking scams unearthed recently, the Finance Ministry on Monday wrote to the Banks Board Bureau (BBB) asking them for new appointments to be made in the top level of Punjab National Bank (PNB) and Allahabad Bank.
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PNB scam: PNB, Allahabad bank asked to divest accused's powers
Updated : 8 years, 2 months ago IST
New Delhi [India], May 14 (ANI): Rajeev Kumar, Secretary, Department of Financial Services (DFS), Ministry of Finance on Monday said that they have instructed the directors of the Punjab National Bank (PNB) and the Allahabad bank to divest all the powers of those who are accused in the mu
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CBI registers case against RP Infosystem over bank fraud of Rs 512 crore
Updated : 8 years, 4 months ago IST
Kolkata (West Bengal) [India] Feb. 28 (ANI): The Central Bureau of Investigation (CBI) has filed FIR against Kolkata based RP Info System for a bank fraud of Rs. 512.12 crore.
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'Finance Ministry writes to Hong Kong banks over PNB LOUs'
Updated : 8 years, 4 months ago IST
New Delhi [India] Feb 23 (ANI): Finance Ministry has written to Hong Kong branches of four Indian banks that received letters of undertaking (LoUs) from Punjab National Bank (PNB), said sources on Friday.
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Sensex, Nifty weaken in morning trade
Updated : 8 years, 4 months ago IST
Mumbai (Maharashtra) [India], Feb 22 (ANI): Market indices continued to weaken in Thursday morning trade amid fresh slumps in financials.
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Case of loan default, not fraud: Kothari's lawyer
Updated : 8 years, 4 months ago IST
Kanpur (Uttar Pradesh) [India], Feb 19 (ANI): Rotomac Pens owner Vikram Kothari's lawyer Sharad Kumar Birla on Monday rejected reports of fraud committed by his client, adding that it was a case of loan default.
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CBI files case against Vikram Kothari, raids residence
Updated : 8 years, 4 months ago IST
New Delhi [India], Feb 19 (ANI): The Central Bureau of Investigation on Monday has filed a case against Rotomac Pens owner Vikram Kothari and others.
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After Nirav Modi, Kothari of Rotomac Pens on run?
Updated : 8 years, 4 months ago IST
Kanpur (Uttar Pradesh) [India] Feb. 18 (ANI): If the reports emanating from Kanpur are to be believed then it seems a Punjab National Bank (PNB) like banking fraud case has taken place.
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