It was alleged that the accused in conspiracy with unknown officials of State Bank of India had cheated the Bank to the tune of Rs 87.88 crore (total amount with interest of around Rs 121.13 crore) during the period from 2006 till 2019 by illegally removing machinery and other parts without
Directorate of Enforcement (ED) conducted searches under the Prevention of Money Laundering Act (PMLA), 2002 on the Sallarpuria Sattva Group and froze assets in form of bank balances of Rs. 49.99 Crore lying in 316 bank accounts, as per an official press release from ED.
The Central Bureau of Investigation (CBI) on Wednesday arrested two then Directors of a private company (Borrower) based at Kathua in Jammu and Kashmir (J&K) in an ongoing investigation of a bank fraud case.
Hyderabad (Telangana) [India], November 9 (ANI/PRNewswire): StratCap Advisory, recognized among the top investment banking firms in India, and Fintrust Advisors, one of the fastest growing multi-client family office advisory firms, have announced a merger to create 'UPWISERY', a multi-discip
Hyderabad (Telangana) [India], November 9 (ANI/PRNewswire): Technology Innovation Hub for Data Banks, Data Services and Data Analytics (iHub-Data) at IIIT-Hyderabad will host a three-day National Symposium from 21-23 Nov 2022 on Data-Driven Deep Disruptions in association with IIIT Hyderabad
Bengaluru (Karnataka) [India], November 9 (ANI/GPRC): Techurate Systems Pvt Ltd, a Global Smart Banking technology company has launched Tigiverse. A digital service platform that embodies an ecosystem of product modules curated to effect a complete digital transformation of enterprise in the
On Dev Deepawali, almost 21 lakh "diyas" (earthen lamps) lit up Kashi city, of which, crescent shaped banks were illuminated by more than 10 lakh diyas, 84 ghats on the west bank by eight lakh diyas while two lakh diyas were lit on the sands of the east bank.
Coping with Shocks: Migration and the Road to Resilience is the subject of a two-day conference that opens today, organized by the Institute for Integrated Development Studies and the World Bank.