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CBI books Maharashtra MLA Ratnakar Gutte, family for Rs 409-cr bank fraud

The Central Bureau of Investigation has filed an FIR against Maharashtra MLA and sugar baron Ratnakar Gutte and Gangakhed Sugar and Energy Limited for an alleged bank fraud of Rs 409.26 crore,......

The Many Firsts Of Droupadi Murmu

When elected on July 18 -- which is almost a certainty, given the NDA's numbers in the electoral college -- Droupadi Murmu will be the first President born after Independence. IMAGE: Droupadi......

CVC penalises 130 officials for alleged graft

The Central Vigilance Commission has penalised 130 government employees for their alleged involvement in corruption. Of these, 29 were Syndicate Bank officials, nine each were from Canara Bank and......

Banks see double-digit credit growth in Q3 FY26 on strong lending

Six banks that reported their quarterly business updates for the October-December (Q3FY26) quarter on Friday recorded double-digit growth in their loan books compared with a year ago. Deposits also......

'UCO Bank's strategy is to raise capital in tranches'

'Raising the entire amount in one go may not be prudent, given the market dynamics.'   UCO Bank has set a recovery target of Rs 2,700 crore - Rs 3,000 crore for the current financial year,......

PSBs record 9% growth in profit to Rs 49,456 cr in Q2

State Bank of India-led public sector banks posted a record cumulative profit of Rs 49,456 crore in the second quarter of the current fiscal, reflecting a 9 per cent year-on-year growth despite two......

NPAs in agriculture sector stay high amid loan-saturation concerns

Bad loans in the agriculture sector remain elevated, with several public-sector banks (PSBs) reporting higher slippages in the April-June quarter of FY26. Illustration: Dominic Xavier/Rediff For......

Bank of Baroda to UCO Bank: Loan growth of banks picks up pace in Q3

Bank of Baroda, a state-owned bank, in its quarterly update on Friday said its domestic deposits grew 9.23 per cent year-on-year (Y-o-Y) in October-December (Q3FY25) at Rs 11.65 trillion, while......

CBI books 7 in connection with alleged fixing, betting in IPL 2019

IMAGE: The CBI received information that "a network of individuals involved in cricket betting are influencing the outcome of Indian Premer League (IPL) matches based on inputs received from......

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