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Currency seizure: RBI official in CBI net, 10 cases so far

The Central Bureau of Investigation has arrested a Reserve Bank of India official and a JDS leader K C Veerendra, who is also a casino owner, in connection with separate cases relating to alleged......

Bank recapitalisation stares at Sebi hurdles

Bank CFOs may meet next week to discuss minimum public shareholding and takeover rule issues. The Centre’s Rs 23,000 crore (Rs 230 billion) recapitalisation plan for public sector banks could......

Rexit leaves India Inc disappointed

India's captains of industry said they were disappointed at the exit of Reserve Bank of India Governor Raghuram Rajan, adding the country needs a strong leader at the central bank. India’s......

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......
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Which Mutual Funds Have Exposure To PNB? Know Here...

Posted by Equitymaster Mutual funds are not immune to corporate frauds and have seen their share. Corporate frauds can often go unnoticed for... ...

http://feeds.equitymaster.com/~r/TheOutsideView/~3/MHKIz__RU6U/detail.asp
Bank stocks continue to feel the heat of massive fraud at PNB

Bank stocks are down once again, hurt by the massive Rs 11,400 crore fraudulent transactions involving diamond merchant Nirav Modi and a few... ...

http://www.sify.com/finance/bank-stocks-continue-to-feel-the-heat-of-massive-fraud-at-pnb-news-sensex-sctmBuccgifef.html
PSU banks lost Rs 227 bn to frauds in 5 years

Over 25,600 cases of banking fraud reported up to December 21, 2017, says Minister RS Prasad.  Illustration: Dominic Xavier/Rediff.com. Public... ...

http://www.rediff.com/money/report/psu-banks-lost-rs-227-bn-to-frauds-in-5-years/20180215.htm
Moody's changes outlook of Central Bank of India and Indian Overseas Bank to positive from stable

In the case of IOB, Moody's has also affirmed the bank's senior unsecured debt rating at Ba3 and changed the outlook to positive. It issues its... ...

http://www.business-standard.com/article/news-cm/moody-s-changes-outlook-of-central-bank-of-india-and-indian-overseas-bank-to-positive-from-stable-118021200531_1.html
Don't rush to buy public sector bank stocks

Though most experts remain bullish on the banking space, they suggest investors buy only those banks whose NPAs are at a manageable level of 3% to... ...

http://www.rediff.com/money/report/dont-rush-to-buy-public-sector-bank-stocks/20180205.htm

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