No unauthorised LoUs issued, except one incident: SBI official

New Delhi [India], Mar 15 (ANI): The State Bank of India (SBI) officials on Thursday reiterated the fact that except...

PNB Scam: CBI books two more bank officials

Mumbai(Maharashtra)[India]Mar 15(ANI): The Central Bureau of Investigation (CBI) on Thursday booked two senior...

PNB detect another fraud case

New Delhi [India], Mar 15 (ANI): The Punjab National Bank (PNB) on Thursday has detected another fraud case at a...

No banking regulator can catch, prevent all frauds: Urjit Patel

New Delhi [India], Mar. 14 (ANI): In view of the recent Nirav Modi-led Punjab National Bank (PNB) fraud case,...

Former Forever Diamond director in custody

Mumbai [Maharashtra] [India], Mar. 13 (ANI): Former Forever Diamond director Hasmukh Shah was sent to a 14-day...

RBI discontinues LOUs/LOCs issuance for trade credit for imports

New Delhi [India], Mar 13 (ANI): The Reserve Bank of India (RBI) on Tuesday announced discontinuation of the...

PNB internal auditor sent to judicial custody

Mumbai [Maharashtra] [India], Mar 13 (ANI): Punjab National Bank's (PNB) internal auditor for a Mumbai branch, M.K....

Rahul Gandhi accuses Jaitley of being silent on PNB scam

New Delhi [India], Mar. 12 (ANI): Congress party president Rahul Gandhi on Monday alleged that Union Finance...

PNB fraud: Chidambaram hints at foul play

Bengaluru (Karnataka) [India], Mar. 11 (ANI): In the wake of the billion-dollar Punjab National Bank (PNB) fraud,...

Limit collateral damage from bank frauds, urges ASSOCHAM

New Delhi [India], Mar. 11 (ANI): Apex trade association ASSOCHAM on Sunday said that all out efforts must be made...

Passport details compulsory against loans higher than Rs 50cr

New Delhi [India], Mar. 10 (ANI): In the wake of recent scams unearthed in the banking sector, the Centre on...

Collusive corruption common at PSBs: Survey

New Delhi [India], Mar. 9 (ANI): In the backdrop of the recent scams reported in the banking sector, citizens have...