Search For "fraud"
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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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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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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Never in 75 years have such bank frauds happened with people's money, alle
Updated : 4 years, 1 month ago IST
New Delhi [India], February 13 (ANI): Taking a jibe at the Centre over the recent alleged bank fraud incidents that came to the fore, Congress leader Rahul Gandhi on Sunday said that such "frauds" have never taken place with people's money in the history of Independent India.
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ED arrests one for causing Rs 67-crore loss to SBI
Updated : 4 years, 1 month ago IST
New Delhi [India], February 13 (ANI): The Enforcement Directorate (ED) has arrested Sanjay Agarwal, Managing Partner of Ghanshayamdas Gems & Jewels, under the Prevention of Money Laundering Act (PMLA) in a bank loan fraud case that caused Rs 67 crore loss to SBI, Hyderabad.
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ED arrests Hyderabad jeweller under PMLA in loan fraud case
Updated : 4 years, 1 month ago IST
New Delhi [India], February 13 (ANI): Enforcement Directorate has arrested Sanjay Agarwal, Managing Partner of Ghanshayamdas Gems and Jewels in a loan fraud case, the agency informed on Sunday.
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ABG Shipyard, its directors booked by CBI for duping 28 banks of Rs 22,842
Updated : 4 years, 1 month ago IST
New Delhi [India], February 12 (ANI): 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.
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ED attaches assets worth Rs 57.23 cr of Kemrock Industries's MD in loan fr
Updated : 4 years, 1 month ago IST
New Delhi [India], February 11 (ANI): The Enforcement Directorate has provisionally attached assets valued at approximately Rs 57.23 crores in case of loan fraud by Kalpesh M Patel, managing director of Kemrock Industries and Exports Ltd and others under the provisions of the Prevention of M
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Money laundering case: Delhi HC reserves order on Avantha Group Gautam Tha
Updated : 4 years, 1 month ago IST
New Delhi [India], February 11 (ANI): The Delhi High Court on Friday reserved the order on a bail application of Gautam Thapar, Avantha Group promoter in a money laundering case linked to an alleged bank loan fraud of Rs 515 crore.
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Money laundering case: Delhi HC reserves order on bail plea of Ambience Gr
Updated : 4 years, 1 month ago IST
New Delhi [India], February 10 (ANI): The Delhi High Court on Thursday reserved the order on bail of the businessman Raj Singh Gehlot, the owner of Ambience Hotel who was arrested in a money laundering case related to bank loan alleged fraud case.
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HDFC ERGO partners with Visa, unique policy provides security to Visa's pa
Updated : 4 years, 1 month ago IST
Mumbai (Maharashtra) [India], February 10 (ANI/NewsVoir): HDFC ERGO General Insurance, India's leading private sector general insurance company in the private sector, announced its first-of-its-kind partnership with Visa, the global leader in digital payments to offer curated insurance cover
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