[

bank fraud

]
PAGE 2

Govt to create economic offenders list for better crackdown on financial fraud

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.
This will be the first step towards identifying those committing multiple economic offences and could be a potential fugitive.(File Photo)
This will be the first step towards identifying those committing multiple economic offences and could be a potential fugitive.(File Photo)
Updated on Jul 23, 2018 08:01 AM IST
Copy Link
Hindustan Times, New Delhi | ByP Suchetana Ray

Over Rs 70,000 cr bank frauds under Modi govt, says Congress

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.
Congress leader Randeep Singh Surjewala addresses the media in New Delhi.(PTI File Photo)
Congress leader Randeep Singh Surjewala addresses the media in New Delhi.(PTI File Photo)
Updated on Jun 25, 2018 09:49 PM IST
Copy Link
Indo Asian News Service, New Delhi | ByIndo Asian News Service

SBI’s deputy branch manager, five others booked for embezzling Rs 20 lakh in Tarn Taran

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
Copy Link
Hindustan Times, Tarn Taran | ByHT Correspondent, Tarn Taran

RBI governor appears before parliamentary panel, assures steps to strengthen banking system

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.
Striking an optimistic note, Urjit Patel informed the committee that after implementation of the Insolvency and Bankruptcy Code (IBC), the situation on the non-performing assets front has been improving.(PTI File Photo)
Striking an optimistic note, Urjit Patel informed the committee that after implementation of the Insolvency and Bankruptcy Code (IBC), the situation on the non-performing assets front has been improving.(PTI File Photo)
Updated on Jun 12, 2018 03:35 PM IST
Copy Link
Press Trust of India, New Delhi | ByPress Trust of India

Reserve Bank of India data shows rise in big-ticket bank frauds

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.
The Reserve Bank of India headquarters in Fort, Mumbai.(File photo)
The Reserve Bank of India headquarters in Fort, Mumbai.(File photo)
Updated on May 26, 2018 04:47 PM IST
Copy Link
Hindustan Times, New Delhi | ByRoshan Kishore

In face of growing frauds, bank staff under CBI lens

In 2018, eight serving or former chairpersons and managing directors of state-owned banks have been booked or have formal charges filed against them.
Those who have been booked thus far this year include Indian Bank chairman and managing director Kishor Kharat and Syndicate Bank managing director and chief executive officer (CEO) Melwyn Rego.(Pradeep Gaur/Mint File Photo)
Those who have been booked thus far this year include Indian Bank chairman and managing director Kishor Kharat and Syndicate Bank managing director and chief executive officer (CEO) Melwyn Rego.(Pradeep Gaur/Mint File Photo)
Published on May 13, 2018 10:47 PM IST
Copy Link
Hindustan Times, New Delhi | ByRajesh Ahuja

Parliamentary panel to discuss Chanda Kochhar, Nirav Modi today

This is the first time the recent cases related to the banking sector will come under the review of a parliamentary panel.
There are allegations of quid pro quo against ICICI chief Chanda Kochhar over a loan to Videocon Group.(REUTERS)
There are allegations of quid pro quo against ICICI chief Chanda Kochhar over a loan to Videocon Group.(REUTERS)
Updated on Apr 17, 2018 12:40 PM IST
Copy Link
Hindustan Times, New Delhi | ByHT Correspondent, New Delhi

Cauvery board to UP govt flats, Supreme Court to take up key cases this week

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.
The plea on Cauvery Management Board will be heard by a bench led by Chief Justice Dipak Misra. The bench will also take up the Centre’s plea to give it more time to work out a mechanism.(Sonu Mehta/HT PHOTO)
The plea on Cauvery Management Board will be heard by a bench led by Chief Justice Dipak Misra. The bench will also take up the Centre’s plea to give it more time to work out a mechanism.(Sonu Mehta/HT PHOTO)
Updated on Apr 09, 2018 08:16 AM IST
Copy Link
Hindustan Times, New Delhi | ByHT Correspondent

ICICI, Axis, HDFC bank CEOs yet to receive bonuses amid bank fraud probes

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.
HDFC Bank’sboard has approved a bonus of Rs 2.9 crore for CEO Aditya Puri.(Kuni Takahashi/Bloomberg)
HDFC Bank’sboard has approved a bonus of Rs 2.9 crore for CEO Aditya Puri.(Kuni Takahashi/Bloomberg)
Updated on Apr 06, 2018 02:19 PM IST
Copy Link
Anto Antony, Bloomberg | ByHT Correspondent

Be true to letter of law, spirit of justice for a developed India: Ram Nath Kovind

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.
Regretting that women have not been given their due in the business arena, President Ram Nath Kovind asked corporate India to take determined steps towards creating gender-sensitive supply chains.(PTI File Photo)
Regretting that women have not been given their due in the business arena, President Ram Nath Kovind asked corporate India to take determined steps towards creating gender-sensitive supply chains.(PTI File Photo)
Updated on Apr 05, 2018 10:07 PM IST
Copy Link
Hindustan Times, New Delhi | ByHT Correspondent

PNB fraud: Mumbai court allows ED to arrest Gokulnath Shetty

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.
A man leaves an automated teller machine (ATM) facility of Punjab National Bank (PNB) in New Delhi on February 27, 2018.(REUTERS)
A man leaves an automated teller machine (ATM) facility of Punjab National Bank (PNB) in New Delhi on February 27, 2018.(REUTERS)
Updated on Apr 03, 2018 11:26 PM IST
Copy Link
Press Trust of India, Mumbai | ByPress Trust of India

PNB to honour LoUs worth Rs 6,500 cr due to 7 lenders

PNB’s board has decided to honour payments on about 350 of the letters of undertaking and foreign letters of credit.
People walk past as CBI team seals Punjab National Bank’s South Mumbai branch at Brady House in Mumbai.(PTI File Photo)
People walk past as CBI team seals Punjab National Bank’s South Mumbai branch at Brady House in Mumbai.(PTI File Photo)
Updated on Mar 28, 2018 09:41 PM IST
Copy Link
PTI, New Delhi | ByPTI
SHARE
  • 1
  • 2
Story Saved
×
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Wednesday, December 01, 2021