Another meeting will be called next week at a mutually-convenient date.
'There is corruption at various levels'.
The RBI has this year cut interest rates by 110 basis points in four instalments but banks have passed only a part of it to borrowers. Before the last reduction earlier this month of 35 basis points, the bank on an average had passed only 29 basis points out of 75 basis points cut affected during 2019.
'Alok Verma can say he was helpless, but he could have made representations to the CVC, the Chief Justice of India or the prime minister in writing.' 'He could have told them that his number 2 was not cooperating and is corrupt, but he did not do that.' 'He acted arbitrarily and in a hurried manner, overnight.'
A petition has sought laying down of specific mechanisms to ensure transparency in the process of appointment of CBI director.
The Supreme Court on Tuesday said Narayanaswami Srinivasan's son-in-law Gurunath Meiyappan's role in the Indian Premier League betting and spot-fixing scandal seems like "insider trading" and agreed to hear a plea to make public the names of cricketers who were mentioned in the Justice Mudgal Committee report.
Besides PESB selected chairman designate B Ashok (currently Executive Director retail sales in IOC) having no board experience, the case for extending Butola's service is more compelling because all the other six directors on board of the nation's largest oil firm are retiring in next one year.
The alleged meetings of former Director of CBI Ranjit Kumar Sinha with the accused in coalgate and 2G cases were'inappropriate', said SC.
Decision-making has to be much quicker, the finance minister said.
The Central Vigilance Commission has convened a meeting with Central Bureau of Investigation Director Ranjit Sinha to discuss the missing files with details of coal block allocations.
Addressing a press conference in the nation's capital, he claimed that Verma's removal was an "insult" to the Constitution, the chief justice of India and the leader of the opposition.
The Delhi high court on Wednesday issued notice to Union Health Minister J P Nadda on a petition seeking a CBI inquiry into various cases of alleged irregularities and corruption in AIIMS raised by then Chief Vigilance Officer Sanjiv Chaturvedi.
Senior IPS officer Archana Ramasundaram on Thursday took over as the Central Bureau of Investigation's first woman Additional Director but was suspended by Tamil Nadu government late in the night for allegedly not following rules before joining the central probe agency.
A special court on Thursday acquitted all accused in the 2G spectrum allocation scam cases. The scam relates to the granting of 2G spectrum licence allocations in 2007-08 which caused, according to a report by the Comptroller and Auditor General of India, a loss of Rs 1.76 lakh crore. Here is a detailed timeline of how the case came to light and how it has progressed over the years:
'We can't have the best of both worlds -- large, efficient, world class government-owned banks, doing social banking and making profits. 'Why not set them free from the shackles of such obligations and run them as business units?' says Tamal Bandyopadhyay.
The finance minister has said that United Bank has managed to reduce its non-performing assets.
The probe into selections for banks such as Bank of Baroda and Canara Bank followed the arrest of Syndicate Bank CMD S K Jain for alleged graft.
Attorney General K K Venugopal told a bench headed by Chief Justice Ranjan Gogoi that the fight between the two officers impacted the image of the CBI.
There appears to be a surprising reaction from the Supreme Court on the actions, activities and decisions of the Narendra Modi government.
The CVC had asked the CBI to probe the 'irregularities in the tendering process and award of contract and undue benefit caused to the SAP/IBM'.
The government is considering a proposal to privatise some state-owned banks in phases.
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Officers of the rank of Joint Secretaries will also be covered under a key directive to the Central Bureau of Investigation, Central Vigilance Commission and other departments in probing corruption with the government rectifying an error 20 months after it crept into an office order.
The CBI chief's advocate said there was no basis for the Central Vigilance Commission to pass such an order recommending to send him on leave.
A bench headed by Chief Justice Ranjan Gogoi ordered that the confidential CVC report be given to Verma in a sealed cover and asked him to respond to it by Monday, also in a sealed cover. It will take up the matter on Tuesday.
'With the Election Commission wisening up to the practice, which strikes at the very root of electoral democracy, the practitioners of cash for votes have been getting more and more ingenious,' points out Saisuresh Sivaswamy.
Based on this screening, the committee may weed out applications that do not meet the eligibility yardstick or the 'fit and proper' criteria for securing a licence.
Bankers said fear of loan losses impairing their careers could make officers wary of sanctioning new loan proposals on their own.
Rapid rise in disposal of corruption cases against govt employees has helped
The Congress' protests in the national capital were replicated in other parts of the country.
The apex court agreed to hear on October 26 the petition by Verma challenging the government's decision. He has said in the petition that the CBI should be kept independent of the Department of Personnel and Training, which has jurisdiction over the probe agency, since it seriously hinders the CBI's independent functioning.
After taking over on Tuesday night, Rao overhauled the team probing allegations of corruption against Asthana, bringing in completely new faces, officials said.
Air India's former executive director Jitender Bhargava feels the airline should oppose the Tata-Singapore Airline plan to set up a hub in Delhi.
While Lok Sabha Speaker is yet to decide on Leader of Opposition, the Centre on Monday went ahead with the process of appointment of Central Vigilance Commissioner and sought nominations of eligible candidates from all secretaries.
Anil Kumar Sinha, a 1979-batch Indian Police Service officer, on Wednesday took over the reins of the Central Bureau of Investigation at a time when the agency is facing criticism from courts over its handling of probe in coal allocation and 2G scams.
Over 40,000 complaints and appeals are pending in the Central Information Commission which is working without its chief for more than nine months.
A CBI official has clarified that the agency did not find any criminal offence again DLF regarding land rights.
Pointing out some "anomalies and legal inconsistencies" in the Lokpal Act, the Central Bureau of Investigation has raised a question as to whether the entire probe agency will be divested of all powers if any of its officer was found guilty of corruption or tampering with evidence.
The Supreme Court on Friday refused to go into a plea seeking probe by an special investigation team into alleged recovery of documents by the IT department in connection with raids on two business houses in New Delhi.
India's premier investigating agency, the Central Bureau of Investigation, is witnessing an unprecedented crisis since the last few weeks. At the heart of the crisis is the struggle between its two top bosses -- Alok Verma and Rakesh Asthana. As the case continues to play out in the public with allegations being countered with more allegations, here's all you need to know about the feud and its various twists and turns.
The Central Vigilance Committee has sought loan data from United Bank
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