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Why Congress is against UBI

'UBI is a tricky subject.''Our worry is the government could get rid of UPA's social welfare schemes targeted at the poor.'Amit Agnihotri reports. The Congress is wary of the Universal Basic......

ED finds over Rs 104 crore in BSP account; Mayawati's brother under scanner

The Enforcement Directorate on Monday detected cash deposits totalling over Rs 104 crore in an account belonging to the Bahujan Samaj Party and Rs 1.43 crore in an account belonging to party......

Will Modi okay UBI for J&K?

The Jammu and Kashmir government, along with Chief Economic Advisor Arvind Subramanian, is preparing a detailed presentation for the Prime Minister’s Office on implementing universal basic......

Universal Basic Income: Modiji's ultimate poverty killer

The Survey estimated that a UBI that reduces poverty to 0.5 per cent would cost 4-5 per cent of GDP, assuming that those in the top 25 per cent income bracket are not part of the loop. Invoking......

Home, auto loans to become cheaper as SBI, PNB, UBI slash lending rates

Top PSU lenders State Bank, Punjab National Bank and Union Bank on Sunday slashed their benchmark lending rates by up to 90 basis points, a day after Prime Minister Narendra Modi asked banks to......

Greece crisis to have no impact on us: UBI chief

Arun Tiwari (photographed below), chairman and managing director of Union Bank of India, says the worst is over so far as asset quality is concerned, as slippages are coming down and recoveries are......

UBI knocks on EU regulator's door against Airbus

United Bank of India is set to complain to the European  market regulator about Airbus’ declining  to return an advance from Kingfisher for purchase of aircraft. The Kolkata-based......
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House panel raps banks over minimum balance rule

A parliamentary standing committee has taken serious note of reports about "certain banks" deducting money from students scholarship accounts in... ...

http://www.deccanherald.com/content/669824/house-panel-raps-banks-over.html
CBI registers Hyderabad-based Totem Infrastructure for defrauding banks of Rs 1,400 crore

The recent bank fraud cases and controversies against Punjab National Bank has put other firms in limelight. The CBI yet again has registered a... ...

http://www.catchnews.com/business-economy-news/cbi-registers-hyderabad-based-totem-infrastructure-for-defrauding-banks-of-rs-1-400-crore-104356.html
In 5 days, PNB may be first bank to get 'defaulter' tag due to Nirav Modi

The tainted lender needs to repay Union Bank of India Rs 10 billion by March 31; if it can't, UBI may be forced to classify it as an NPA BS Web... ...

http://www.business-standard.com/article/finance/in-5-days-pnb-may-be-first-bank-to-get-defaulter-tag-due-to-nirav-modi-118032600248_1.html
ED files another case in alleged Rs 1.73-bn fraud at UBI

The case has been registered under the Prevention of Money Laundering Act IANS | Kolkata Last Updated at March 16, 2018 10:10 IST United Bank of... ...

http://www.business-standard.com/article/finance/money-laundering-ed-files-another-case-in-alleged-rs-1-73-bn-fraud-at-ubi-118031501426_1.html
Indian Bank, UBI classify STC account as NPA over non-payment of interest

Shares of the firm had closed at Rs 140.40 apiece on Friday, down 1.61 per cent from its previous close on the BSE PTI Last Updated at March 12,... ...

http://www.business-standard.com/article/finance/indian-bank-ubi-classify-stc-account-as-npa-over-non-payment-of-interest-118031200036_1.html

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