Search For "bank"
Court takes cognizance against shipping company, former Director in Rs 22,
Updated : 7 months, 1 week ago IST
A Rouse Avenue court has taken cognizance of a Rs. 22,000 crore alleged bank fraud and funds siphoning case against Surat, Gujarat-based ABG Shipyard Ltd, its director, CA, Auditor, public servants, and subsidiary companies.
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CBI conducts searches in Tamil Nadu in Rs 120 cr bank fraud case
Updated : 7 months, 1 week ago IST
The Central Bureau of Investigation today conducted coordinated search operations in connection with a case registered at CBI, BSFB Bengaluru Branch on the directions of the High Court of Judicature at Madras, the probe agency said on Tuesday.
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Insolvency and Bankruptcy Code (Amendment) Bill introduced in Lok Sabha, t
Updated : 7 months, 1 week ago IST
A bill that introduces a "creditor-initiated insolvency resolution process" with an out-of-court initiation mechanism for genuine business failures to facilitate faster and more cost-effective insolvency resolution was introduced in Lok Sabha on Tuesday.
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NUQI Digital Wealth, Dubai UAE Completes Landmark USD 20 Million Cross-Bor
Updated : 7 months, 1 week ago IST
New Delhi [India], August 12: NUQI Digital Wealth, Dubai UAE, a DFSA-regulated firm based in Dubai International Financial Centre (DIFC), has successfully completed its debut investment banking transaction--a USD 20 million, three-year bilateral facility--on June 27, 2025. The deal, executed
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RBI conducts Rs 8,450 crore state government securities auction; cut-off y
Updated : 7 months, 1 week ago IST
The Reserve Bank of India (RBI) on Tuesday announced the results of its latest yield and price-based auction of State Government Securities (SGS), raising a total of Rs 8,450 crore from various states and Union Territories. The cut-off yields in the auction ranged from 6.4377 per cent to 7.4
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GCC leasing share by BFSI sector hits record 44% in Q2 2025
Updated : 7 months, 1 week ago IST
Reflecting a structural shift in India's Global Capability Centers (GCC) landscape, the Banking, Financial Services, and Insurance (BFSI) sector emerged as the leading contributor to GCC leasing activity in April-June 2025, accounting for 44 per cent -- its highest-ever quarterly share --
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KOFFi Launches India's First Business Fund Parking Platform - Helping Busi
Updated : 7 months, 1 week ago IST
New Delhi [India], August 12: Many businesses in India know the frustration- cash sits idle in the bank between payrolls, tax payment or vendor bills. That's short-term funds just waiting for something better. KOFFi- a Pune based fintech startup, founded in 2023, aimed precisely at this chal
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Consumer loan growth in India bottomed out, expect faster recovery amid cr
Updated : 7 months, 1 week ago IST
Consumer loan growth in India appears to have bottomed out, and a faster recovery is expected with the moderation in credit costs in the coming quarters, noted a recent report by the global financial services firm Morgan Stanley.
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RBI does not regulate minimum balance requirements for banks: RBI Governor
Updated : 7 months, 1 week ago IST
The minimum balance requirements for saving accounts does not come under the regulatory domain of the Reserve Bank of India (RBI), banks decide it as per their own business needs, stated RBI Governor Sanjay Malhotra on questions of ICICI Bank raising minimum balance requirement in saving acc
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MP: 5 persons loot 14.475 kg gold, Rs 5.08 lakh cash from finance bank in
Updated : 7 months, 1 week ago IST
The bank is situated in the Sihora area under the jurisdiction of Khitola police station in the district, and the incident of loot took place on Monday morning, he added.
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Wholesale inflation in country likely declined to 2-yr low to -0.45% in Ju
Updated : 7 months, 1 week ago IST
Wholesale inflation in India likely fell to a near two-year low in July 2025, driven by a sharp drop in food and fuel prices, according to a report by Union Bank of India.
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UP Assembly Monsoon Session begins today, Banke Bihari Corridor Ordinance,
Updated : 7 months, 1 week ago IST
The monsoon session of the Uttar Pradesh Legislative Assembly will begin on Monday. The Chief Minister Yogi Adityanath-led government is preparing to pass more than six ordinances during the monsoon session.
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