Bank fraud: ED registers money laundering case against ABG Shipyard

The Enforcement Directorate has registered a criminal case of money laundering against ABG Shipyard Ltd, its former promoters along with others for allegedly cheating a consortium of 28 banks of......

RBI imposes penalty on PNB, ICICI Bank

The Reserve Bank of India (RBI) on Wednesday said it has imposed a penalty of Rs 1.8 crore on Punjab National Bank and Rs 30 lakh on ICICI Bank for deficiencies in regulatory compliance. In a......

Ex-ICICI Bank CEO Chanda Kochhar, husband Deepak arrested

The CBI on Friday arrested former ICICI Bank CEO and MD Chanda Kochhar and her husband Deepak Kochhar in connection with alleged cheating and irregularities in loans sanctioned by the bank to......

ICICI Bank, 3 PSBs revise lending rates

Private sector lender ICICI Bank has revised its external benchmark lending rate (EBLR) to 8.10 per cent, and state-owned Bank of Baroda has raised the rate to 6.90 per cent with immediate effect......

Videocon founder Dhoot arrested in ICICI Bank loan fraud case

The CBI on Monday arrested Videocon Group founder Venugopal Dhoot in connection with the ICICI Bank loan fraud case, officials said.   Photograph: Danish Sidiqui/Reuters The 71-year-old......