2 RBI staff in Bengaluru arrested for Rs 1.99 crore note exchange

The Central Bureau of Investigation has arrested two employees of cash department of Reserve Bank of India in Bengaluru in connection with alleged conversion of Rs 1.99 crore of demonetised......

Loan default case: CBI registers fresh case against Mallya

The Central Bureau of Investigation has registered a fresh case against beleaguered liquor baron Vijay Mallya for allegedly cheating a consortium of nationalised banks to the tune of Rs 6,027 crore......

'All we need is cash!'

Day Two after the banks reopened remained just as chaotic as Day One, reports Rediff.com's A Ganesh Nadar. Marie Antoinette and Paytm in Modi's India 'A chaiwalla did what an economist couldn't'......

Currency seizure: RBI official in CBI net, 10 cases so far

The Central Bureau of Investigation has arrested a Reserve Bank of India official and a JDS leader K C Veerendra, who is also a casino owner, in connection with separate cases relating to alleged......

SBI associate banks' staff to go on strike tomorrow

A section of employees of five associate banks of State Bank of India will go on strike on Thursday to protest against the proposal for merger of associate banks with the parent bank. Bank......

Govt to amend two laws to ease privatisation of banks

To facilitate privatisation of public sector banks, the government is likely to bring amendments to two legislations later this year. IMAGE: Kindly note that this image has been posted for......

Share swaps kick off SBI merger

5 associate banks, BMB will merge with SBI by March 2017 The State Bank of India on Thursday approved the share swap ratios for the merger of five associate banks and Bharatiya Mahila Bank with......

Indian banks pursue UK bankruptcy order against Vijay Mallya

A consortium of Indian banks led by the State Bank of India (SBI) returned to the High Court in London for a bankruptcy application hearing against liquor tycoon Vijay Mallya, as they pursue the......