The combined market capitalisation of the 21 listed PSU banks declined by about Rs 76,000 crore to Rs 425,800 crore during the month.
Don't share information over phone with anyone. Use only official apps. Keep Aadhaar locked unless needed.
Tackling cyber frauds effectively will be the greatest challenge facing us all in the present century.
By contrast, the fraud enabled Raju's kin and aides to make hundreds of crores, charges CBI.
Disgraced cyclist Lance Armstrong has reached a settlement with an insurance company over $3 million in performance bonuses paid to him from 1999 to 2001, his spokesman said on Wednesday.
Fraud-hit Punjab and Maharashtra Cooperative (PMC) Bank on Tuesday invited expression of interest (EoI) from potential investors for investment or equity participation in the bank for its reconstruction. Subsequent to commencement of the normal day-to-day operations, it will be open for the investors to convert the bank into a small finance bank by making an application to the RBI, the lender said.
Fraudulent emails exhorting people to deposit cash for reward are on the rise.
Of the approximately 11,000 employees of Satyam USA, 7,000 are on H1B visas, says Mathew Daniel, a vice president of US operations with the company.
'We have already sanctioned loans worth over Rs 3,000 crore to around 120,000 customers.'
'More than 114 cases have been registered for spreading fake messages, rumours and fake news on WhatsApp.' 'People on various groups are reporting such crimes.' 'The most heartening development is people are now not tolerating such things.'
Auditors have to be compulsorily changed by a company at the end of two five-year terms, say the new rules.
If the Indian government insults them, then they will will ensure its removal, Gandhi said.
Bankers have decided to fight back against 'arbitrary arrests' and 'harassment' by probe agencies.
The coming years could be exciting for Bandhan Bank, IDBI Bank, IDFC First Bank, Federal Bank, and CSB Bank.
The Parliamentary Standing Committee on Finance's meeting comes against the backdrop of CBI probing the Saradha scam in which thousands of crores or rupees of gullible investors were allegedly swindled.
The regulatory actions, undertaken by the RBI and the government, came hours after finance ministry sources confirmed that SBI was directed to bail out the troubled lender. For the next month, Yes Bank will led by the RBI-appointed administrator Prashant Kumar, an ex-chief financial officer of SBI.
Artificial Intelligence will create 2.3 million machine learning jobs by 2020.
Investing in special situations can help you tap opportunities that arise during adverse conditions, advises Joydeep Sen.
Friday's hearing is expected to be presided over by Chief Magistrate Emma Arbuthnot, the same judge who had ordered the extradition of former Kingfisher Airlines boss Vijay Mallya last December.
Booked between 2007 and 2011, out of the total 32,700 residential units under various Jaypee Infratech (JIL) projects, at least 20,000 homes are yet to be delivered. Supreme Court documents show that, till last March, Jaypee had issued 7,997 offers of possession to homebuyers while executing only 6,530 sub-lease deeds. These deeds offer homebuyers possession rights but, unlike registration, does not guarantee absolute ownership.
Besides the passports, Modi also possesses multiple residency cards, some of them expired, but covering countries/regions such as the UAE, Singapore and Hong Kong.
It is a tribute to India's democracy, however flawed, that the very same MPs who had harangued her intermittently from Opposition benches now surged towards her, anxiety writ large on their faces. One offered her some homoeopathic tablets, another advised her to stay seated, another grasped her hand wishing her good health... the crowd parted as Prime Minister Narendra Modi strode up to congratulate her. But it was mostly well-wishers from the Opposition and the NDA that kept the finance minister cocooned with good wishes until it was time to leave, reports Aditi Phadnis.
Tamal Bandyopadhyay, columnist and author of several books like From Lehman to Demonetisation: A Decade of Disruptions and Sahara: The Untold Story, tells Rediff.com why Yes Bank depositors should not panic and the current crisis at India's fifth largest private lender does not pose any systemic risk.
Disgraced US cyclist Lance Armstrong has reportedly been ordered to answer questions about who knew what and when about his doping, including possibly his former wife and his attorneys.
'We have great demographics, and are the fastest growing large economy. And we save.' 'All of which is great for financial services,' Aditya Birla Capital CEO Ajay Srinivasan tells Niraj Bhatt.
Broader market underperformed the headline indices with BSE Midcap and BSE Smallcap finishing in red
Congress Vice President Rahul Gandhi on Thursday accused the Modi government of "abandoning" farmers at a time when the country is faced with an agrarian crisis.
Ask your HR department for details about the fund, trustees and returns
'We feel there is definitely something murky in the system.' 'Will anyone believe that Nirav Modi will go to a branch and bribe a low-level officer?' 'Just look at the people with whom he had moved around.'
The banks also received a warning from the rating agency Care, in February 2016, after Firestar's financials deteriorated.
'No commercial bank will be allowed to fail. There is nothing to worry about.'
'If she contests it, then these people will have to fight it in court.'
You should rather use nicknames, incorrect date of birth and if possible make a separate e-mail address for such apps and services. You should also not share your phone number
India needs to follow countries such as Singapore who have and are further bolstering their cyber security apparatus.
Slamming the Union budget as 'insipid' and lacking in stimulus for growth, the Congress on Saturday said it does not address the main issue of unemployment and describes the mindset of the government.
It won't be an easy ride for the markets, reckon experts, considering the multiple state elections in 2018 and general elections next year.
On the 10th anniversary of the global financial crisis, a multi-part series analyses the lessons learnt and those not learnt.
'When an institution believes its knowledge and capability is superior to everyone, it behaves like a frog in the well.' 'And this is precisely the cause for the mess,' says J N Gupta.
Lance Armstrong has pleaded guilty to careless driving for side-swiping two parked cars in the Colorado ski resort of Aspen late last year in an incident for which his girlfriend initially took the blame, authorities said on Wednesday.
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