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ED arrests SEL Textiles' Director Neeraj Saluja on money laundering charge
Updated : 2 years, 5 months ago IST
The Directorate of Enforcement (ED) has arrested Neeraj Saluja, the Director of SEL Textiles Limited, under the provisions of the Prevention of Money Laundering Act (PMLA), 2002 about an alleged bank fraud case of Rs 1,530.99 crore.
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At Davos, RBI Governor says digital currency will make cross border paymen
Updated : 2 years, 5 months ago IST
Reserve Bank of India (RBI) Governor Shaktikanta Das feels digital currency or Central Bank Digital Currency (CBDC) will make cross-border payments more efficient and fast, in addition to being cost-effective.
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World Bank President Ajay Banga emphasises growth imperative for jobs, pro
Updated : 2 years, 5 months ago IST
During his keynote speech at the WEF24 session, Banga provided a sobering outlook, stating, " The reality is we are headed for the first half of the decade to have the lowest growth rate in 30 years. Without growth, you don't have jobs, you don't have prosperity, and very often, without g
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US: Donald Trump pledges to block creation of federal digital currency, ca
Updated : 2 years, 5 months ago IST
Donald Trump on Wednesday night (local time) pledged to block the creation of a federal digital currency.
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Sharjah Islamic Bank achieves record net profits of AED 841.5 million
Updated : 2 years, 5 months ago IST
The net income resulting from financing and investment products witnessed a significant increase of 20 per cent to reach AED 1.5 billion, an increase of AED 239.6 million compared to the same period of the previous year in 2022, when it reached AED 1.2 billion.
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Andhra Pradesh: CM Jagan Mohan Reddy releases Rs 47 cr for housing benefic
Updated : 2 years, 5 months ago IST
Andhra Pradesh Chief Minister YS Jagan Mohan Reddy released Rs. 46.90 crore on Thursday towards reimbursement of interest for 4,07,323 beneficiaries who have availed housing loans from banks under Navaratnalu-Pedalandariki Illu. Reimbursement is done twice a year.
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UP: Spiritual Sitaram Bank in Ayodhya collects 'Sitaram' booklets, maintai
Updated : 2 years, 5 months ago IST
Punit Ram Das Maharaj, Manager of International Sitaram Bank, told ANI that just as money is deposited in banks, in the same manner scores of "Sitaram" inscribed booklets are deposited in the bank.
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Ram Temple inauguration: Banks across India to remain closed during Januar
Updated : 2 years, 5 months ago IST
Department of Financial Services under the Ministry of Finance in a notification said on Thursday that Public Sector Banks, Public Sector Insurance Companies, Public Sector Financial Institutions and Regional Rural Banks will remain closed in the first half of January 22, to enable employ
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AIIB Anchor Investor in India's Largest Renewable Energy Infrastructure In
Updated : 2 years, 5 months ago IST
Beijing [China], January 18: The Asian Infrastructure Investment Bank (AIIB) has invested Rs 4.86 billion (around USD58.4 million equivalent) in India's largest renewable energy Infrastructure Investment Trust (InvIT).
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Kyndryl to Modernize and Manage Canara Bank's IT Operations
Updated : 2 years, 5 months ago IST
Bangalore (Karnataka) [India], January 18: Kyndryl, the world's largest IT infrastructure services provider, announced today that it has engaged with Canara Bank, one of the largest public sector banks in India, to optimize the bank's business services and operations and modernize its IT inf
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Navigating the Evolution of Local Search
Updated : 2 years, 5 months ago IST
Mumbai (Maharashtra) [India], January 18: We are thrilled to announce that Location Bank India's Director, Dhaval Doshi has been selected as a judge for the prestigious APAC Search Awards, recognising excellence in Search Engine Optimization (SEO) and Search Engine Marketing (SEM). This reco
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Maximise your savings with AU Small Finance Bank and enjoy competitive int
Updated : 2 years, 5 months ago IST
New Delhi [India], January 18: Embark on an extraordinary banking journey with AU Small Finance Bank (AU SFB), where we invite you to unlock the full potential of your savings. Immerse yourself in the advantage of high interest rates, reaching up to 7.25%*interest p.a.
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