ED finds over Rs 104 crore in BSP account; Mayawati's brother under scanner

The Enforcement Directorate on Monday detected cash deposits totalling over Rs 104 crore in an account belonging to the Bahujan Samaj Party and Rs 1.43 crore in an account belonging to party......

Why NYAY cannot be expected to deliver justice

The cumulative cost of these three initiatives for social pensions, urban employment and rural allowance would be less than the current peak NYAY estimates of Rs 3.6 trillion, with double the reach......

Rahul promises minimum income for poor if Cong comes to power

IMAGE: Congress president Rahul Gandhi addresses a convention of farmers, at Rajyotsav Mela ground in Naya Raipur, on Monday. Photograph: PTI Photo Congress president Rahul Gandhi on Monday......

UBI may declare UB Holdings a wilful defaulter

United Bank of India (UBI) has sent a notice to United Breweries Holdings (UBHL), which was the corporate guarantor for loans to now grounded Kingfisher Airlines, seeking an explanation on why it......

UBI plans biometric ATMs

The United Bank of Indiais all set to implement ATMs with biometric devices as the solution in the ongoing effort to offer banking services to the rural masses. Sources at the bank toldBusiness......

UBI blames Infy tool for failing to detect NPAs

Beleaguered state-run lender United Bank of India on Wednesday publicly blamed deficiencies in Infosys’s Finacle software for failing to identify non-performing assets in its small-loan......

SBI, UBI hike loan rates by 0.5%

Home, auto and other retail loans from SBI and Union Bank of India will cost more, with the two public sector banks on Thursday announcing an identical 0.5 hike in their benchmark prime lending......