Updated : 2 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], Sep 25 (ANI): Acuite Ratings on Wednesday said there is still a significant scope to limit India's fiscal deficit to 3.5 to 3.6 per cent if the government gives high priority to disinvestment and there is a sustainable revival in consumption and market sentiment
Updated : 2 months, 3 weeks ago IST
New Delhi [India], Sept 18 (ANI): NSE Clearing Limited has empanelled private lender Federal Bank for submitting fixed deposit receipts in electronic form (e-FDRs) as collateral to clearing and trading members.
Updated : 3 months ago IST
New Delhi [India], Sept 11 (ANI): The Enforcement Directorate (ED) has attached assets worth Rs 288.91 crores belonging to Indian Technomac Company Limited, its directors and promoters in connection with a bank fraud case under Prevention of Money Laundering Act.
Updated : 3 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], Aug 28 (ANI): Rating agency ICRA has withdrawn the rating for MEP Infrastructure Developers' bank limit of Rs 50 crore due to slower than anticipated progress in six under-construction hybrid annuity mode (HAM) road portfolio.
Updated : 3 months, 3 weeks ago IST
Bengaluru (Karnataka) [India], Aug 16 (ANI): The Anti-Corruption Bureau (ACB) on Friday registered a case against officials of Jammu and Kashmir (J&K) Bank and Director of SA Rawther Spices Private Limited Anish Mohd Rawther in a Rs 350 crore loan fraud.
Updated : 4 months, 3 weeks ago IST
Singapore, July 22 (ANI): Dewan Housing Finance Corporation Limited's (DHFL's) weakening solvency is credit negative for Indian banks because they are key lenders to the company and its default will negatively affect their asset quality and profitability, Moody's Investors Service said on Mo
Updated : 5 months ago IST
Mumbai (Maharashtra) [India], July 8 (ANI): Shares of government-owned Punjab National Bank (PNB) fell over 10 per cent on Monday after it reported a borrowing fraud of Rs 3,805 crore in Bhushan Power and Steel Limited's (BPSL's) account.
Updated : 6 months, 3 weeks ago IST
New Delhi [India], May 19 (ANI): Innumerable litigations, defiant promoters, failing sectors and over-burdened National Company Law Tribunals (NCLTs) have negatively impacted corporate insolvency resolution process under the Insolvency and Bankruptcy Code (IBC) over the past two years, ac
Updated : 7 months, 1 week ago IST
New Delhi [India], May 07 (ANI): Reserve Bank of India (RBI) has directed banks to enhance the housing loan limits for eligibility under priority sector lending (PSL) to Rs 35 lakh in metropolitan centres (with population of ten lakh and above) and Rs 25 lakh in other centres.
Updated : 8 months, 3 weeks ago IST
New Delhi (India) Mar 23 (ANI): The Patiala House Court on Saturday granted permission to the Enforcement Directorate (ED) to send Letters Rogatory (LR) to 21 countries to seek assistance in a bank fraud case involving a Gujarat-based pharma company.
Updated : 9 months ago IST
Chennai (Tamil Nadu) [India], Mar 11 (ANI) Enforcement Directorate on Monday attached immovable and movable properties totalling to Rs 31 Crore under the Prevention of Money Laundering Act, 2002 (PMLA) in a bank fraud case relating to M/s. Zylog Systems Limited in Chennai and others.
Updated : 9 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], Feb 22 (ANI): HDFC Bank Limited (HDFC), one of India’s largest private sector banks has partnered with Route Mobile Limited (Route Mobile) to showcase Rich Communication Services (RCS) on Google’s RCS Business Messaging platform at Mobile World Congress (MWC) 20