Search For "of undertakings"
FM Nirmala Sitharaman to move Banking Laws (Amendment) Bill in Lok Sabha t
Updated : 1 year, 3 months ago IST
As per the schedule issued by the secretariat, Sitharaman is expected to move the Bill further to amend the Reserve Bank of India Act, 1934, the Banking Regulation Act, 1949, the State Bank of India Act, 1955, the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 and
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Parliament winter session: Nirmala Sitharaman to move bills to amend banki
Updated : 1 year, 3 months ago IST
The finance minister will also move bills to amend the Banking Companies (Acquisition and Transfer of Undertakings) Act, of 1970, and the Banking Companies (Acquisition and Transfer of Undertakings) Act, of 1980 be taken into consideration.
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Finance Minister introduces Banking Laws (Amendment) Bill in Lok Sabha
Updated : 1 year, 7 months ago IST
The bill provides for amending the Reserve Bank of India Act, 1934, Banking Regulation Act 1949, State Bank of India Act, 1955, Banking Companies (Acquisition and Transfer of Undertakings) Act 1970, and Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980.
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8 PNB officials, 2 businessmen arrested in bank fraud case
Updated : 7 years, 3 months ago IST
New Delhi, [India] Dec 19 (ANI): The Central Bureau of Investigation (CBI) on Wednesday arrested 10 people, including eight Punjab National Bank (PNB) officials and two Directors of Mumbai-based private firm, for alleged misuse of Letter of Undertakings (LoUs) worth over Rs 9 crore.
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US issues summons to Nirav Modi, aides
Updated : 7 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 27 (ANI): A United States court on Friday issued summons to diamantaire Nirav Modi and his aides at the heart of the multi-billion Punjab National Bank scam.
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No unauthorised LoUs issued, except one incident: SBI official
Updated : 8 years ago IST
New Delhi [India], Mar 15 (ANI): The State Bank of India (SBI) officials on Thursday reiterated the fact that except for the one-off incident involving Punjab National Bank (PNB), no unauthorised Letters of Undertakings (LoUs) have been issued by public sector banks (PSBs).
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Nirav Modi aide Vipul Ambani was aware of fraud LoUs: CBI
Updated : 8 years, 1 month ago IST
Mumbai (Maharashtra) [India] February 22 (ANI): The Central Bureau of Investigation (CBI) on Thursday said Head of Finance Department of Firestar Group of Companies of Nirav Modi, Vipul Ambani was fully aware of the fraudulent and illegal Letter of Undertakings (LoUs), in connection with the
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Axis bank writes to BSE over disclosure requirements in Nirav Modi fraud c
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 15 (ANI): In wake of the fraud being detected by Punjab National Bank (PNB), Axis Bank on Thursday wrote to National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), notifying the Buyer's Credit transactions it has undertaken with PNB.
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