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credit facility news

India extends $1-bn credit facility for Sri Lanka by one year

The credit facility was extended through the State Bank of India (SBI) in response to a specific request from the Sri Lankan government (Twitter/ShehanSema)
india news
Updated on May 30, 2023 11:03 pm IST

Doubtful recovery of ₹11.9 crore: Private company given undue benefit by Jammu and Kashmir Bank, reveals CAG report

The CAG in its report has highlighted how a private company was given undue benefit by Jammu and Kashmir Bank by pointing out a doubtful recovery of ₹11.98 crore in J&K Bank in favour of M/s Ace Engineering Infratech Private Limited without obtaining adequate security cover and release of credit facility without complying with the pre-disbursement condition. (HT File Photo/ Representational image)
chandigarh news
Updated on Apr 04, 2023 10:55 pm IST

22 years on, 3 bank officers, guarantor get 2-year jail in loan fraud case

Vijay Sawant, the then senior manager of the bank, did not take the original title deeds of the property in possession, in violation of the prescribed rules and willfully accepted only xerox copies to help Sheth. Sawant had retired and died before the CBI filed a chargesheet in the case. (Getty Images)
mumbai news
Updated on Apr 01, 2023 09:16 pm IST

Centre may extend deadline to avail ₹3 lakh crore emergency credit facility

The government has already extended its scope by enhancing eligibility criteria to include larger units and also allowed individual professionals such as doctors, chartered accountants and cab drivers.
india news
Updated on Aug 03, 2020 06:19 pm IST

Govt monitoring farm credit given by banks: Nirmala Sitharaman

Finance Minister Nirmala Sitharaman, RBI Governor Shaktikanta Das and MoS Finance Anurag Thakur at a meeting with RBI’s Central Board of Directors in New Delhi on Saturday.
india news
Updated on Feb 15, 2020 04:26 pm IST

CBI books Ludhiana liquor baron for fraud

HT Image
chandigarh news
Updated on Nov 09, 2019 10:56 pm IST

Two fresh CBI FIRs against Jatin Mehta over loan frauds

The Central Bureau of Investigation booked absconding diamantaire Jatin Mehta in two fresh cases pertaining to an alleged loan fraud of over ₹587.55 crore on complaints from Bank of Maharashtra and Union Bank of India
india news
Updated on Jun 11, 2019 11:32 pm IST

CBI books Hyderabad-based firm for cheating SBI

A man checks his mobile phones in front of State Bank of India (SBI) branch in Kolkata.
business
Updated on Mar 04, 2019 11:51 pm IST

Jet Airways likely to get over ₹3,000 crore funds

Jet Airways likely to get over ₹3,000 crore funds.
business
Updated on Feb 17, 2019 06:29 pm IST

CBI arrests promoters of Vadodara firm in ₹2,654-cr bank fraud case

The CBI arrested the promoters of a Vadodara-based firm morning for allegedly defrauding a consortium of banks to the tune of ₹2,654 crore.
india news
Updated on Apr 18, 2018 08:23 pm IST
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