Updated : 1 week, 5 days ago IST
Neemuch (Madhya Pradesh) [India], Sept 10 (ANI): An RTI activist from Neemuch town of the Malwa region has claimed that a total of 2,480 cases of fraud in public sector banks involving more than Rs 31,800 crore have been registered in the first quarter of current financial year 2019-20.
Updated : 3 weeks, 1 day ago IST
New Delhi [India], Aug 31 (ANI): Punjab National Bank (PNB) will soon hold a board meeting to consider its amalgamation with Oriental Bank of Commerce and United Bank of India.
Updated : 3 weeks, 2 days ago IST
New Delhi [India], Aug 30 (ANI): Government on Friday announced merger of 10 public sector banks (PSBs) into four strong lenders with countrywide networks and global reach to boost credit and revive economic growth in the nation's bid to become a five trillion dollar economy in the next f
Updated : 2 months, 1 week ago IST
Mumbai (Maharashtra) [India], July 15 (ANI): Equities witnessed a lacklustre trading session on Monday but the rally in Infosys drove benchmark indices higher while broader markets underperformed.
Mumbai (Maharashtra) [India], July 15 (ANI): Shares of government-owned Allahabad Bank slumped over 10 per cent in morning trade on Monday after the bank reported a fraud of Rs 1,775 crore by Bhushan Power and Steel Limited (BPSL) to the Reserve Bank of India (RBI).
Updated : 2 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], July 3 (ANI): The Reserve Bank of India (RBI) has imposed a penalty of Rs 1.75 crore on four public sector banks for non-compliance with KYC requirement and norms for opening of current accounts.
Updated : 1 year, 1 month ago IST
Mumbai (Maharashtra) [India], Aug. 20 (ANI): A special Central Bureau of Investigation (CBI) court here on Monday granted anticipatory bail to former Managing Director (MD) and Chief Executive Officer (CEO) of the Allahabad Bank, Usha Ananthasubramanian, on a surety bond of Rs 1 lakh in m
Updated : 1 year, 4 months ago IST
New Delhi [India], May 21 (ANI): In the wake of the banking scams unearthed recently, the Finance Ministry on Monday wrote to the Banks Board Bureau (BBB) asking them for new appointments to be made in the top level of Punjab National Bank (PNB) and Allahabad Bank.
New Delhi [India], May 14 (ANI): Rajeev Kumar, Secretary, Department of Financial Services (DFS), Ministry of Finance on Monday said that they have instructed the directors of the Punjab National Bank (PNB) and the Allahabad bank to divest all the powers of those who are accused in the mu
Updated : 1 year, 6 months ago IST
Kolkata (West Bengal) [India] Feb. 28 (ANI): The Central Bureau of Investigation (CBI) has filed FIR against Kolkata based RP Info System for a bank fraud of Rs. 512.12 crore.
Updated : 1 year, 7 months ago IST
New Delhi [India] Feb 23 (ANI): Finance Ministry has written to Hong Kong branches of four Indian banks that received letters of undertaking (LoUs) from Punjab National Bank (PNB), said sources on Friday.
Mumbai (Maharashtra) [India], Feb 22 (ANI): Market indices continued to weaken in Thursday morning trade amid fresh slumps in financials.