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allahabad bank news

CBI court hands jail terms to five bank employees in fraud cases

For representation (Sourced)
lucknow news
Published on Mar 28, 2024 10:16 pm IST

From LPG price to new excise policy, check major changes from Oct 1 

LPG prices are revised every month. Customers can expect another hike in their cooking gas cylinders from October 1. (Representational, File Image)
business
Published on Sept 30, 2021 10:54 am IST

Bad bank to fix a fee to manage stressed assets

NARCL had received ₹74.6 crore from a set of eight public sector banks.
business
Published on Sept 06, 2021 03:48 am IST

Eight PSU banks fined by RBI for violating regulatory norms

RBI issued notices to the banks to show cause as to why penalty should not be imposed.
business
Published on Aug 03, 2019 03:22 pm IST

Allahabad Bank reports $259 million alleged fraud by Bhushan Power & Steel

The Allahabad Bank on Saturday became the second Indian state-owned bank to report a major alleged fraud by bankrupt steelmaker Bhushan Power & Steel Ltd this month.
business
Updated on Jul 14, 2019 09:23 am IST

PNB likely to take control of 2-3 small state-run banks: Report

India’s Punjab National Bank is looking to merge with two or three government owned banks that could include Oriental Bank Of Commerce, Andhra Bank and Allahabad Bank
business
Updated on May 21, 2019 07:08 pm IST

Sensex ends 68 points lower as Indo-Pak tensions escalate

Sensex ends 68 points lower as Indo-Pak tensions escalate
business
Updated on Feb 27, 2019 06:20 pm IST

Centre clears plan to infuse Rs 48,000 crore in 12 state-owned banks

The recapitalisation is meant to maintain regulatory capital requirements and finance growth plans.
business
Updated on Feb 20, 2019 06:22 pm IST

In a bid to boost economy, 3 banks taken off RBI watchlist

Reserve Bank of India RBI building,sansad marg;17/09/2012;photo:pradeep gaur/mint
business
Updated on Jan 31, 2019 10:31 pm IST

Government dismisses former Punjab National Bank MD from service

Punjab National Bank in New Delhi.
business
Updated on Aug 13, 2018 07:33 pm IST

Think twice before busting India’s ailing banks

On Monday, federal investigators went after Usha Ananthasubramanian, currently the head of state-run Allahabad Bank, filing formal charges over her alleged involvement in a multi-billion dollar fraud involving jeweller Nirav Modi.
business
Updated on May 17, 2018 07:22 pm IST

Allahabad Bank divests CEO of all powers after CBI chargesheet in PNB scam

Usha Ananthasubramanian was the chief managing director of Punjab National Bank till May 2017.
business
Published on May 15, 2018 07:27 pm IST

PNB fraud: Govt initiates process to remove bank officials named in CBI chargesheet

CBI filed its first charge sheet in the PNB scam by billionaire jeweller Nirav Modi on May 14.
india news
Updated on May 15, 2018 06:19 pm IST

CBI files chargesheet in Nirav Modi case, names ex-PNB chief, senior officials

The CBI has detailed the roles of Nirav Modi, his brother Nishal Modi and Subhash Parab, an executive in Nirav Modi’s company.
business
Updated on May 14, 2018 04:56 pm IST
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