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Loan default case: CBI registers fresh case against Mallya

The Central Bureau of Investigation has registered a fresh case against beleaguered liquor baron Vijay Mallya for allegedly cheating a consortium of nationalised banks to the tune of Rs 6,027 crore......

CBI quizzes top Kingfisher, UB officials for the 2nd day

A consortium of banks led by State Bank of India wants to liquidate Mallya's assets to recover the loans.  Image: Prosecute Vijay Mallya for not paying taxes and clearing their dues, say......

Bank of Baroda scam: RBI finds irregularities

  Various irregularities by banks such as non-submission and inordinate delays in filing of Suspicious Transaction Reports, besides opening of accounts by several entities without fulfilling......

Markets end near two-year low on PSU banks woes

SBI, PNB, Bank of Baroda, Canara Bank, Dena Bank, Central Bank of India ended down 3%-12% each. Markets ended at their lowest level since May 2014 amid a sell-off in state owned banks after they......

Govt infuses Rs 13,955 cr capital into 8 PSU banks

Bank of India, Canara Bank, Dena Bank, Corporation Bank and Andhra Bank are among the lenders that received capital infusion from the government. Eight public sector banks, including SBI, Punjab......

Why are these 3 state-run banks in bad shape?

Indian Overseas Bank, a state-run lender, reported its second straight quarterly loss on Thursday as bad loans surged, sending its shares down as much as 10 percent. UCO Bank and Allahabad Bank,......

A double-edged dagger from Marathi cinema

Marathi cinema is undergoing a dramatic metamorphosis. In recent years, it is not only the number of films produced that have seen a rise. Many of these films are being appreciated for their......
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Banks recall over 32 lakh debit cards due to security breach

More than 32 lakh debit cards of customers have been blocked or recalled by banks to prevent them from falling prey to any financial fraud after a... ...
Sensex ends 439 points lower on global cues, P-Note woes

Benchmark share indices ended sharply lower on Thursday, amid weak global cues, after weak trade data from China sparked off global growth... ...
Weak trade prevails in late morning session

SENSEX 27800.75 281.59 1.00% NIFTY 8626.25 82.55 0.95% Indian equity benchmarks continued their weak trade in the late... ...
Download IBPS PO 2016 Call Letter in October at

New Delhi, Sep 27: The Institute of Banking Personnel Selection (IBPS) is conducting the CWE PO/MT 6 online examination for the selection of... ...
Karnataka High Court gives interim stay on ED attachment of Vijay Mallya assets

In June, the ED had provisionally attached assets worth Rs 1,411 cr of Mallya in connection with the Rs 900 crore loan default case. The Karnataka... ...

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