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In a year, bank fraud doubles

Maharashtra and West Bengal lead the way in bank fraud In May 2015, the Reserve Bank of India (RBI) set up a Central Fraud Registry to check growing bank fraud. After this, the Prime......

Central Bank tops list of highest NPAs among PSU banks

Central Bank of India has topped the list of public sector banks with maximum bad loans including restructured assets as a percentage of total advances. According to the data provided by the......

We gave Vijay Mallya an opportunity to respond: UBI official

Deepak Narang, executive director of United Bank of India, which has declared Kingfisher Airlines’ promoter Vijay Mallya, as well as board members of the airline, wilful defaulters, talks to......

CBI to probe IDBI Bank's loan to Kingfisher Airlines

The Central Bureau of Investigation has started a preliminary enquiry looking into the Rs 950 crore (Rs 9.5 billion) alleged bad loan given by IDBI Bank to Kingfisher Airlines ignoring the......

Process of recovery of dues from Kingfisher on: SBI chief

State Bank of India Chairperson Arundhati Bhattacharya on Saturday said the process of recovery of dues from Vijay Mallya-promoted Kingfisher Airlines is going on, ‘but there are legal......
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What went wrong at Indian Overseas Bank

Aggressive lending, irresponsible expansion, a leader with a big appetite for risk and lack of proper systems to recover bad loans Indian... ...
Tehsildar, VRO arrested in fake passbook scam

Parvathipuram RDO ordered inquiry following a complaint from Komarada Tehsildar Police on Wednesday arrested Gurla Tehsildar Umakanth Paadi,... ...
Neelachal Ispat Nigam goes for 5/25 to avoid becoming an NPA

Since December 2014, the RBI has allowed banks to refinance existing infrastructure projects under the 5/25 model provided the projects have... ...
Delhi High Court allows DDCA to allocate India-South Africa, …

The Indian Express The Delhi High court on Tuesday allowed a plea seeking permission to give away over 8000 tickets for the upcoming India versus... ...
Top seed IM Kulkarni emerges champion

Mumbai: Top-seeded International Master, Vikramaditya Kulkarni from Western Railways justified his billing by winning the SBI Life All Maharashtra... ...

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