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PM breaks silence on PNB fraud: 'Won't tolerate loot of public money'

Breaking his silence over the Rs 11,400-crore fraud at India’s second-biggest public sector bank Punjab National Bank, Prime Minister Narendra Modi on Friday said his government will take......

'Overseas citizen shifted the basis of Indian nationalism'

Devesh Kapur has been the director of Centre for the Advanced Study of India, the only research institute in America devoted to India, since 2006. CASI at the University of Pennsylvania turned 20......

RBI bars banks from issuing LoUs in Nirav Modi scam fallout

Reserve Bank of India on Tuesday barred banks from issuing guarantees in the form of letters of undertaking as it clamped down on the import financing route used by fugitive jeweller Nirav Modi......

PNB fraud: FM slams regulators, auditors for 'not raising red flags'

Finance Minister Arun Jaitley on Saturday blamed inadequate oversight by regulators and auditors as well as sloppy bank management for the Rs 11,400-crore fraud at India's second-biggest......

PNB fraud case: Finance Minister Jaitley blames bank management, auditors

Breaking his silence over the Rs 11,400 crore fraud at India’s second-biggest bank, Punjab National Bank, Finance Minister Arun Jaitley on Tuesday said the state will chase down cheaters to......

Over-zealous staffer may have caused Nirav Modi's fall

The Rs 11,400 crore PNB fraud saga unfolded after a bribery complaint by the Hong Kong branch of an Indian bank.  Image: A Nirav Modi jewellery showroom at Defence Colony area of New Delhi.......

PNB reports Rs 11,400 cr fraud involving jeweller Nirav Modi, suspends 10

While PNB did not name the other lenders, Union Bank of India, Allahabad Bank and Axis Bank are said to have offered credit based on letters of undertaking (LOUs) issued by PNB. Foreign bank......
  Web results for Bank Of India And Indian Overseas Bank
Why domestic investment bankers will pocket hefty bonuses

Bonuses are typically commensurate with deal activity in any given year. Investment banks, on average, pocket 2-3 per cent as fees for managing an... ...
Of GAIL Stake Buyout, Sandhar Technologies IPO, and Top Cues in Focus Today

Posted by Equitymaster Share markets in India closed on a negative note yesterday. Losses were seen across most sectors with stocks in the realty... ...
LS passes amendment to stonewall scrutiny of foreign poll funding

The Lok Sabha has passed, without a debate, a bill that will exempt political parties from scrutiny of funds they have received from abroad since... ...
PSBs to link SWIFT with Core Banking Solution by April 30

New Delhi : All public sector banks (PSBs) will have to link their SWIFT systems with their respective Core Banking Solution (CBS) systems by April... ...
'This government wants to make India a gambling den'

'In India, people save for their children's education or a daughter's marriage or for old age.''This is not America or Japan, this is India.''This... ...

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