The move comes against the backdrop of an increase in number of bank frauds, investment scams, and other such misdemeanors. In some of these cases, the offenders fled the country.
Updated on Jul 23, 2018 08:01 AM IST
Hindustan Times, New Delhi |P Suchetana Ray
Party spokesperson Randeep Singh Surjewala said that another bank fraud worth Rs 6978.72 crore involving the Faridabad based SRS Group has come to light. He alleged that SRS Group reportedly used hundreds of shell companies to defraud 17 banks.
Updated on Jun 25, 2018 09:49 PM IST
Indo Asian News Service, New Delhi |Indo Asian News Service
The chief manager alleged in his complaint that the branch’s deputy manager had given agricultural loans worth Rs 19.6 lakh to other accused without pledging any security and papers.
Updated on Jun 25, 2018 11:38 AM IST
Hindustan Times, Tarn Taran | HT Correspondent, Tarn Taran
There have been rising concerns about bad loans, health of various public sector banks and fallout of the nearly Rs 13,000 crore fraud at the Punjab National Bank.
Updated on Jun 12, 2018 03:35 PM IST
Press Trust of India, New Delhi |Press Trust of India
According to statistics given in the RTI query filed by economist Prasenjit Bose, total value of bank frauds in this given category has increased from Rs1,542.8 crore in 2008-09 to Rs22,469.6 crore in 2017-18.
Updated on May 26, 2018 04:47 PM IST
Hindustan Times, New Delhi | Roshan Kishore
In 2018, eight serving or former chairpersons and managing directors of state-owned banks have been booked or have formal charges filed against them.
Published on May 13, 2018 10:47 PM IST
Hindustan Times, New Delhi |Rajesh Ahuja
This is the first time the recent cases related to the banking sector will come under the review of a parliamentary panel.
Updated on Apr 17, 2018 12:40 PM IST
Hindustan Times, New Delhi | HT Correspondent, New Delhi
The Supreme Court’s Constitution Bench will continue to hear petitions against Aadhaar law. The SC had in the last hearing disagreed with the Centre’s argument that Aadhaar is an effective tool to detect bank frauds.
Updated on Apr 09, 2018 08:16 AM IST
The RBI hasn’t yet approved bonus payments to chief executive officers at the country’s top private banks, including HDFC Bank Ltd., ICICI Bank Ltd. and Axis Bank Ltd.
Updated on Apr 06, 2018 02:19 PM IST
Anto Antony, Bloomberg | HT Correspondent
President Ram Nath Kovind also referred to the mounting NPAs and bad loans in the wake of the recent bank fraud, and said honest citizens have to ultimately bear the burden.
Updated on Apr 05, 2018 10:07 PM IST
Gokulnath Shetty was earlier arrested by the Central Bureau of Investigation (CBI), which is probing the over Rs 13,500-crore fraud at PNB, in February, and subsequently, remanded to judicial custody.
Updated on Apr 03, 2018 11:26 PM IST
Press Trust of India, Mumbai |Press Trust of India
PNB’s board has decided to honour payments on about 350 of the letters of undertaking and foreign letters of credit.
Updated on Mar 28, 2018 09:41 PM IST
PTI, New Delhi |PTI