News for 'bank scam'

Will Rajeev Chandrasekhar Upset Shashi Tharoor?

Will Rajeev Chandrasekhar Upset Shashi Tharoor?

Rediff.com22 Apr 2024

I hope those who underestimate Rajeev Chandrasekhar will be proved wrong in this fight for Thiruvananthapuram's future, notes Rajeev Srinivasan.

NHRC team visits Sandeshkhali amid fresh protests

NHRC team visits Sandeshkhali amid fresh protests

Rediff.com23 Feb 2024

A team of National Human Rights Commission (NHRC) on Friday held on-spot inquiries in Sandeshkhali to ascertain facts about alleged sexual abuse by some Trinamool Congress leaders even as fresh agitation rocked the trouble-torn village, where locals torched the property of accused Trinamool leaders and held demonstrations against the delay in arresting the main accused, Shahjahan Sheikh.

SC verdict on Adani 'extraordinarily generous': Cong

SC verdict on Adani 'extraordinarily generous': Cong

Rediff.com3 Jan 2024

The Congress on Wednesday said the Supreme Court judgment on certain matters relating to transactions by the Adani Group has proven to be 'extraordinarily generous' to Securities and Exchange Board of India (SEBI) and asserted that the party's fight against crony capitalism and its ill-effects on prices, employment and inequalities will continue.

NCP's Ajit Pawar quits as MLA ahead of elections

NCP's Ajit Pawar quits as MLA ahead of elections

Rediff.com27 Sep 2019

Ajit Pawar, who represented the Baramati segment, remained incommunicado.

CBI arrests DHFL promoters Kapil, Dheeraj Wadhawan in Yes Bank case

CBI arrests DHFL promoters Kapil, Dheeraj Wadhawan in Yes Bank case

Rediff.com26 Apr 2020

They were arrested with the 'cooperation of district authorities of Satara on the strength of Non-bailable Warrant of Arrest issued by the Court of Special Judge, CBI Cases, City Sessions Court, Mumbai', CBI spokesperson R K Gaur said in New Delhi.

India to tighten banking risk management: Jaitley

India to tighten banking risk management: Jaitley

Rediff.com21 Aug 2014

His statement assumes significance in the light of scams in the state-owned banks.

The IPO scam that changed India's primary market

The IPO scam that changed India's primary market

Rediff.com2 Aug 2016

Eleven years on, while 80% of scam-hit investors have been fully compensated, more than 50% of the sum is yet to be distributed.

Scam tainted Charminar Bank to be revived

Scam tainted Charminar Bank to be revived

Rediff.com16 Jan 2003

The Andhra Pradesh government, in a bid to provide succour to the depositors of the Charminar Coperative Urban Bank in Hyderabad, has decided to seek clarifications on the guidelines issued by Reserve Bank of India for the revival of the bank.\n\n\n\n

Nitish recommends CBI probe in scam which RJD alleged involves Sushil Modi

Nitish recommends CBI probe in scam which RJD alleged involves Sushil Modi

Rediff.com17 Aug 2017

RJD chief Lalu Prasad Yadav demanded the Bihar CM to sack his deputy and lodge a case against him and arrest him.

Who sold us the 2G 'scam'?

Who sold us the 2G 'scam'?

Rediff.com23 Jan 2018

'And who sold this belief?' 'Public-spirited individuals' like Subramanian Swamy.' 'Independent public servants' like Vinod Rai. 'Anti-corruption activists' like Kiran Bedi. And 'outspoken television anchors' like Arnab Goswami,' says Mihir S Sharma.

Nirav Modi, Choksi's cars auctioned at Rs 3.29 cr

Nirav Modi, Choksi's cars auctioned at Rs 3.29 cr

Rediff.com26 Apr 2019

The Income Tax Department had last month auctioned several art works that were owned by absconding diamond merchant Nirav Modi for Rs 59.37 crore.

One year later, PMC Bank depositors are still struggling

One year later, PMC Bank depositors are still struggling

Rediff.com23 Sep 2020

PMC Bank depositors have spent the last one year holding protests, meeting politicians, writing to various authorities in an effort to get their hard-earned money back.

Opposition dubs note ban 'biggest scam', 'money laundering exercise'

Opposition dubs note ban 'biggest scam', 'money laundering exercise'

Rediff.com31 Aug 2017

The Opposition on Thursday hit out at Prime Minister Narendra Modi saying his note ban decision was "reckless".

4 Sebi officials under CBI lens in Saradha scam

4 Sebi officials under CBI lens in Saradha scam

Rediff.com30 Oct 2014

The investigative agency plans to file a second chargesheet, naming more perpetrators in the Saradha scam.

Raj jumps to Bal Thackeray's defence

Raj jumps to Bal Thackeray's defence

Rediff.com1 Jun 2011

Shiv Sena chief Bal Thackeray's estranged nephew Raj Thackeray rushed to his uncle's defence on Wednesday, lambasting Maharashtra Deputy Chief Minister Ajit Pawar for criticising the Sena patriarch.

Citibank scam: ED freezes assets worth Rs 5 cr

Citibank scam: ED freezes assets worth Rs 5 cr

Rediff.com6 Jan 2014

Several depositors were duped in the Rs 460.91-crore alleged fraud engineered by Shivraj Puri, a Global Wealth Manager of the bank working at its branch in Gurgaon.

SC directs crypto scam accused to disclose bitcoin password to ED

SC directs crypto scam accused to disclose bitcoin password to ED

Rediff.com28 Mar 2022

The Supreme Court on Monday asked a crypto-currency scam accused to disclose the username and password of his bitcoin wallet to the Enforcement Directorate and cooperate with the investigation in the money laundering case against him.

MSCB case: Ajit Pawar's associates get assets at throwaway prices, says court

MSCB case: Ajit Pawar's associates get assets at throwaway prices, says court

Rediff.com6 Jul 2023

The case pertains to an alleged scam in the Sahakari Sakhar Kharkhana (co-operative sugar factories) and Sahakari Soot Girnis.

Modi attacks Congress over bad loans, calls it biggest UPA scam

Modi attacks Congress over bad loans, calls it biggest UPA scam

Rediff.com13 Dec 2017

The PM blamed the UPA regime for the problems in the banking sector.

Budget: CBI gets nominal increase of just Rs 4 cr

Budget: CBI gets nominal increase of just Rs 4 cr

Rediff.com1 Feb 2020

This is an increment of about 0.50 per cent compared to the last budget.

RBI did not audit PNB during NiMo scam, says CVC

RBI did not audit PNB during NiMo scam, says CVC

Rediff.com3 Apr 2018

'There are so many issues that the CVC is examining both with reference to the PNB and RBI,' K V Chowdary said.

Can Congress repeat 2018 poll magic in Chhattisgarh?

Can Congress repeat 2018 poll magic in Chhattisgarh?

Rediff.com13 Oct 2023

Here is a SWOT (Strengths, Weaknesses, Opportunities and Threats) analysis of the ruling Congress in Chhattisgarh.

Accused can't be forced to disclose gadget passwords: Delhi HC

Accused can't be forced to disclose gadget passwords: Delhi HC

Rediff.com3 Jan 2024

The court's observation came while granting bail to a person accused of running call centres in the country and defrauding United States citizens to the tune of about $20 million.

Bankers go into huddle to discuss PNB scam fallout

Bankers go into huddle to discuss PNB scam fallout

Rediff.com18 Feb 2018

The venue for Saturday's meeting was shifted at the last minute from the headquarters of the India Banks' Association in Cuffe Parade to avoid media glare.

How UPA's gold import scheme provided fodder for PNB scam

How UPA's gold import scheme provided fodder for PNB scam

Rediff.com7 Mar 2018

The scheme, touted as a panacea to burgeoning CAD, was a huge flop that fostered a spike in smuggling and allowed several Gitanjali-like players to make a killing

RBI hikes PMC Bank withdrawal limit to Rs 50,000

RBI hikes PMC Bank withdrawal limit to Rs 50,000

Rediff.com5 Nov 2019

This is the fifth increase in withdrawal limit since the bank was placed under its direct control with an administrator on September 23. Since then as many as nine depositors have lost their lives including a 74-year-old man from Thane on Monday.

Broker Hiten Dalal gets 1-year jail for 1992 securities scam

Broker Hiten Dalal gets 1-year jail for 1992 securities scam

Rediff.com7 Jan 2015

Broker Hiten Dalal and Canara Bank Mutual Fund's former General Manager B R Acharya have been sentence to one year imprisonment.

Congress rakes up 'Rs 6,712-cr scam' to target Modi government

Congress rakes up 'Rs 6,712-cr scam' to target Modi government

Rediff.com1 Mar 2018

Surjewala alleged that Mehta and his family were allowed to leave India even when there were complaints pending against him with the CBI.

Court issues NBWs against Modi, Choksi

Court issues NBWs against Modi, Choksi

Rediff.com3 Mar 2018

The two diamond traders, who are said to have left the country before criminal cases were registered, had failed to appear before the ED, promoting the agency to move the PMLA court for issuance of NBWs against them.

With Rs 7,000 cr stuck, over 20k PMC Bank depositors are playing waiting game

With Rs 7,000 cr stuck, over 20k PMC Bank depositors are playing waiting game

Rediff.com3 Dec 2021

The draft amalgamation scheme of Punjab and Maharashtra Co-operative (PMC) Bank with Unity Small Finance Bank (SFB) allowed quick relief to depositors with savings of up to Rs 5 lakh, but a long wait for those who had their nest egg with the scam-tainted bank. If the scheme gets approved, 96 per cent (or 880,000 of 924,000) depositors will get their full money straightaway after PMC is merged with Unity SFB. According to the draft scheme, retail investors may get up to Rs 5 lakh from the Deposit Insurance and Credit Guarantee Corporation (DICGC) instantly, and then some more in phases till they can recall their full deposits after 10 years.

Allegations against Sharad Pawar pained me, so decided to quit: Ajit

Allegations against Sharad Pawar pained me, so decided to quit: Ajit

Rediff.com28 Sep 2019

On Friday, Ajit caused a flutter in the party when he sent his resignation as the MLA from Baramati segment to Legislative Assembly Speaker Haribhau Bagade, which has been accepted.

Stock scam: JPC indicts Ketan Parekh

Stock scam: JPC indicts Ketan Parekh

Rediff.com19 Dec 2002

Cobrapost slams RBI clean chit to money laundering scam

Cobrapost slams RBI clean chit to money laundering scam

Rediff.com23 Mar 2013

Whistle-blowing website Cobrapost.com on Saturday slammed the clean chit given by the Reserve Bank of India to the money-laundering practices exposed by it in ICICI Bank, HDFC Bank and Axis Bank. The website had revealed how the top private banks in India helped encouraged money laundering by helping traders convert black money to white.

Housing scam a very small incident: Montek

Housing scam a very small incident: Montek

Rediff.com25 Nov 2010

The reaction from Planning Commission Deputy Chairman Montek Singh Ahluwalia comes a day after the Central Bureau of Investigation arrested LIC Housing Finance CEO Ramachandran Nair and seven other senior bankers on charges of corruption and criminal conspiracy.

Booking Travel Online? Read This!

Booking Travel Online? Read This!

Rediff.com26 Jun 2023

During the trip, check your bank account and credit card statements regularly for unauthorised transactions.

Cong skipped meet to pick new CIC as he's Dalit: Modi

Cong skipped meet to pick new CIC as he's Dalit: Modi

Rediff.com7 Nov 2023

Prime Minister Narendra Modi on Tuesday attacked the Congress, saying it skipped the meeting convened to select the new Chief Information Commissioner (CIC) as he is a Dalit and this reflected the anti-Scheduled Castes mindset of the main opposition party.

Amit Shah: If Rahul Gandhi becomes PM...

Amit Shah: If Rahul Gandhi becomes PM...

Rediff.com30 Jun 2023

He also targeted the Congress government in Rajasthan, saying that had it set up a special court in the Kanhaiya Lal murder case, which happened in Udaipur last year, the accused would have been hanged by now.

Jaitley to review NPAs, credit growth with bank chiefs on Tuesday

Jaitley to review NPAs, credit growth with bank chiefs on Tuesday

Rediff.com24 Sep 2018

The meeting will review annual financial performance of public sector banks, credit offtake in the economy, priority sector lending and progress made under various social sector schemes, including Atal Pension Yojana (APY) and Pradhan Mantri Jan Dhan Yojana.

Ex-MD of PMC Bank arrested; ED conducts raids

Ex-MD of PMC Bank arrested; ED conducts raids

Rediff.com4 Oct 2019

Property of Rs 3,500 crore belonging to the company was seized by the EOW, a police official said.