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Finacle Core Banking

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Another Nirav Modi-style fraud at PNB; bank cheated of Rs 169 crore

The CBI has registered an FIR against an officer of Punjab National Bank (PNB), now suspended, for allegedly cheating the state-run lender to the tune of Rs 168.59 crore through 34 fake bank......

How Infosys regained its mojo, improved employee morale under Salil Parekh

In 2017, when Infosys announced that Salil Parekh would be its next chief executive officer (CEO) and managing director (MD), very few in the industry or the analyst community doubted his ability......

Egypt deports key official of Nirav Modi's firm

Subhash Shankar Parab, a key accused in the Rs 7,000 crore diamantaire Nirav Modi bank fraud case, was “deported” from Cairo on Tuesday after a long diplomatic and legal process,......

How did Nirav Modi pull off PNB fraud?

Theoretically, Modi, who understood corporate finance, committed no crime by raising debt to fund a growing business.In fact, he did a tidy job of it, but his operation started to see the ground......

PSB mergers may mean Rs 5,000-cr demand in IT outsourcing

To begin with, there would be the immediate integration of various technology stacks.This would create more business for global consulting and IT services entities such as KPMG, PwC, EY, Accenture......

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