Search For "bank"
EOW of Delhi Police arrests one for duping NBFCs
Updated : 4 years, 1 month ago IST
New Delhi [India], February 14 (ANI): Economic Offences Wing of Delhi Police arrested an absconder on Friday for duping two Non-Banking Financial Companies (NBFCs).
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Government, RBI working with complete harmony in the interest of the Natio
Updated : 4 years, 1 month ago IST
New Delhi [India], February 14 (ANI): Finance Ministry and Reserve Bank of India (RBI) are partners, not just on crypto but also on every other thing as well, I think there's complete harmony with which we're working, respecting each other's domain also knowing what we've to do with each
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Cryptocurrencies are worse than Ponzi schemes, says RBI Deputy Governor
Updated : 4 years, 1 month ago IST
Mumbai (Maharashtra) [India], February 14 (ANI): Cryptocurrencies have specifically been developed to bypass the regulated financial system and it is akin to or even worse than Ponzi schemes, Reserve Bank of India (RBI) Deputy Governor T Rabi Sankar said on Monday.
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Retail inflation crosses RBI's tolerance limit, hits 6.01 per cent in Janu
Updated : 4 years, 1 month ago IST
New Delhi [India], February 14 (ANI): India's retail inflation rose to 6.01 per cent in January, crossing the upper limit of the Reserve Bank of India (RBI) tolerance band for the first time in seven months, the government data showed on Monday.
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ABG Shipyard fraud detected faster than usual, says Finance Minister
Updated : 4 years, 1 month ago IST
New Delhi [India], February 14 (ANI): Union Finance Minister Nirmal Sitharaman on Monday said the lending by a consortium of banks to ABG Shipyard had turned a non-performing asset (NPA) before Prime Minister Narendra Modi government came to power in 2014, adding that the banks have done a c
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Jindal School of Banking & Finance establishes new international partn
Updated : 4 years, 1 month ago IST
Sonipat (Haryana) [India], February 14 (ANI/OP Jindal University): The Jindal School of Banking & Finance (JSBF) at O.P. Jindal Global University (JGU) has expanded its international partnership network by signing and initiating the process of signing 9 new Memorandums of Understanding (
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Syndicate Bank fraud case: ED attaches Rs 56.81 cr assets of Rajasthan-bas
Updated : 4 years, 1 month ago IST
New Delhi [India], February 14 (ANI): The Enforcement Directorate (ED) has attached immovable and movable properties valued at Rs 56.81 crore belonging to Rajasthan's Udaipur-based Chartered Accountant Bharat Bomb and their other associates in Syndicate Bank fraud case amounting to Rs 1,267.
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Ex-Vice President of China Development Bank arrested on corruption charges
Updated : 4 years, 1 month ago IST
Beijing [China], February 14 (ANI): He Xingxiang, a former member of the Communist Party Committee and vice president of China Development Bank, was arrested on corruption charges, according to China's Supreme procuratorate's report on February 13.
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India's retail inflation likely rose to 6 per cent in January, says RBI Go
Updated : 4 years, 1 month ago IST
New Delhi [India], February 14 (ANI): India's retail inflation for January, which is scheduled to be announced later in the day, might have accelerated to 6 per cent, the upper tolerance limit of the central bank, the Reserve Bank of India (RBI) Governor Shaktikanta Das said on Monday. Read More
As U'khand goes to polls tomorrow, BJP tries to break electoral trends; Co
Updated : 4 years, 1 month ago IST
Dehradun (Uttarakhand) [India], February 13 (ANI): As Uttarakhand goes to the polls on Monday, the Bharatiya Janata Party and its Chief Minister Pushkar Singh Dhami are trying to break past electoral trends: the hill state has given mandates alternately to the Congress and the BJP.
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ABG Shipyard fraud case: Such cases are fully provided for, there will be
Updated : 4 years, 1 month ago IST
Mumbai (Maharashtra) [India], February 13 (ANI): After CBI registered an FIR against ABG Shipyard and its directors for allegedly cheating 28 banks of Rs 22,842 crores, State Bank of India managing director, risk compliance and stressed assets resolution group, Swaminathan Janakiraman on Sun
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ABG Shipyard bank fraud case: Several efforts made to revive company opera
Updated : 4 years, 1 month ago IST
New Delhi [India], February 13 (ANI): After the Central Bureau of Investigation (CBI) registered an FIR against ABG Shipyard and its directors for allegedly duping 28 banks of Rs 22,842 crore, the State Bank of India on Sunday said that the several efforts were made to revive the company ope
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