Tribunal orders Nirav Modi from disposing immovable properties
New Delhi | The appellate tribunal against money laundering yesterday directed fugitive diamantaire Nirav Modi and others, accused of siphoning of Rs. 6498.20 crore from PNB and UBI...
Tag : banks
Modi blames UPA govt for bad loan mess, says every penny will be recovered
New Delhi, Sep 1 (PTI) Prime Minister Narendra Modi on Saturday blamed ‘phone-a-loan’ scam of the previous UPA government for the bad loans in the banking...
Finance Ministry denies rumours, banks will remains open in September 1st week
New Delhi | Dismissing rumours, the government today said bank branches would remain open next week and there was no need for panic. A rumour...
Banks collect Rs 5,000 crores from customers in FY18 for breaching minimum balance
New Delhi, Aug 5 (PTI) As many as 21 public sector banks and three major private sector lenders collected a whopping Rs 5,000 crore from customers...
Rupee strengthens 10 paise against US dollar
The rupee continued to recover for the second day, climbing 10 paise to 68.69 against the US dollar on increased selling of the greenback by...
Bank, LIC,GIC unions to protest against government policies tomorrow
Employee unions of banks and state-run insurance companies will stage a sit-in at Azad Maiden in the city tomorrow to protest against privatisation of banks,...
Rupee recovers from all-time low, regains 18 paise
by News Desk
The rupee recovered from its record low by rising 18 paise to 68.61 against the US dollar in early trade today on fresh selling of...
Vijay Mallya releases letter to PM Modi and Arun Jaitley explaining his side of the story
Fugitive tycoon Vijay Mallya today released a two-year-old letter to Prime Minister Narendra Modi and said in a statement he was “making every effort” to...
RBI Governor seeks more powers to effectively regulate Public Sector Banks
by News Desk
RBI Governor Urjit Patel today made a strong case for more powers to effectively regulate public sector banks (PSBs) as lawmakers asked him tough questions...
Air India seeks Rs 1,000 crore short-term loan to meet working capital requirements
Air India has invited bids for Rs 1,000-crore Short Term Loan (STL) from financial institutions and banks to meet its “urgent working capital requirements.” The airline...