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ED seizes Rs 1.5 cr from L2: Empuraan producer's company

The Enforcement Directorate on Saturday said it seized Rs 1.5 crore in cash after searching the premises of a chit fund company owned by Gokulam Gopalan, one of the producers of the Malayalam movie......

YouTuber Elvish, comedian Bharti Singh summoned in Rs 500-cr fraud case

The Delhi police summoned YouTuber Elvish Yadav and comedian Bharti Singh and three more in an app-based scam involving a fraud of Rs 500 crore, an officer said on Thursday. IMAGE: YouTuber......

Bankers helped transport hawala cash during polls: DMK leader

T K S Elangovan alleges bank officials forged documents and faked authorisation from the RBI to transport huge sums of hawala money during the recent elections.Gireesh Babu reports from Chennai. A......

Rs 5 cr of Rs 340 cr RBI cash transported by train stolen

IMAGE: Forensic experts inspecting the roof of the train which was broken open by miscreants for robbing four boxes carrying Indian currencies at Egmore Railway Station in Chennai on Tuesday.......

RBI cash heist: RPF attempts to narrow down site of robbery

Railway Protection Force is investigating whether the heist of over Rs five crore RBI money in a moving train has taken place in Salem or after it left the Salem station, a senior officials said on......

Rs 2000 notes worth Rs 5,884 cr still in circulation: RBI

The high-value Rs 2000 notes worth Rs 5,884 crore are still in circulation, according to official data released on Wednesday. Photograph: ANI Photo The Reserve Bank of India (RBI) had announced......

Rs 2000 notes worth Rs 5,956 cr still in circulation: RBI

The high-value Rs 2000 notes worth Rs 5,956 crore are still in circulation, more than two years after the Reserve Bank's withdrawal of the currency notes, according to official data released on......

India Opens Doors To Foreign Banks, But...

But selectively, with regulatory scrutiny and special approval, points out Tamal Bandyopadhyay. Illustration: Dominic Xavier/Rediff   In September 2006, the Union government had put the Satara......

'IOB Bets Big On M&A Financing'

'This is an area where good lending can happen, and that is one of the priorities for the next quarter.'   Indian Overseas Bank (IOB) is betting big on merger and acquisition (M&A) financing, a......

NBFCs draw flak for lax loan appraisal practices

Reserve Bank of India (RBI) Deputy Governor Swaminathan J criticised some non-banking financial companies (NBFCs) for lax loan appraisal practices and charging excessive interest rates, even as he......

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