Bank Of Muscat

In second successful deportation in a bank defraud case since Rs 13,500 crore Punjab National Bank Scam surfaced in 2018, the Central Bureau of Investigation today brought back Sunny Kalra - an accused in a Rs 10 crore loan fraud - to Delhi from Muscat in Oman.

JSPL today signed financial closure of $725 million syndicated term loan facility. It was oversubscribed with commitments in excess of $855 million. Bank Muscat with a consortium of 11 banks arranged the facility for Shadeed Iron and Steel. Naveen Jindal was also present in the occasion.

Six people were arrested and charged on Monday for participating in a worldwide ATM heist that stole $45 million from two Middle East banks.

A breach of security at two payment card processing companies in India that led to heists at cash machines around the world has reopened questions on the risks of outsourcing sensitive financial services to the Asian nation.

A breach of security at two payment card processing companies in India that led to heists at cash machines around the world has reopened questions on the risks of outsourcing sensitive financial services to the Asian nation.

The government's cyber watchdog is investigating how the computer systems of two companies that are part of the India's vast IT services industry were breached in a global ATM heist that saw $45 million stolen from two banks in the Middle East.

Because the sums were large and such attacks are relatively new, the two Middle East banks hit in a $45 million ATM heist face an uncertain path in trying to recover their losses, financial, insurance and legal experts say.

Because the sums were large and such attacks are relatively new, the two Middle East banks hit in a $45 million ATM heist face an uncertain path in trying to recover their losses, financial, insurance and legal experts say.

EnStage Inc, which operates from Bangalore, and ElectraCard Services, which is based in Pune, processed card payments for the two Middle Eastern banks that were hit in the theft, according to several people familiar with the situation.

Two companies with major operations in India were the weak links that opened the door to a 45 million dollars (around 247 crore rupees) global cyber heist brought to light by US authorities this week.

A worldwide gang of criminals stole $45 million in a matter of hours by hacking their way into a database of prepaid debit cards and then draining cash machines around the globe, federal prosecutors said on Thursday - and outmoded U.S. card technology may be partly to blame.

The facility has a maturity of one year and will be used for general corporate purposes and trade finance.

In second successful deportation in a bank defraud case since Rs 13,500 crore Punjab National Bank Scam surfaced in 2018, the Central Bureau of Investigation today brought back Sunny Kalra - an accused in a Rs 10 crore loan fraud - to Delhi from Muscat in Oman.

JSPL today signed financial closure of $725 million syndicated term loan facility. It was oversubscribed with commitments in excess of $855 million. Bank Muscat with a consortium of 11 banks arranged the facility for Shadeed Iron and Steel. Naveen Jindal was also present in the occasion.

Six people were arrested and charged on Monday for participating in a worldwide ATM heist that stole $45 million from two Middle East banks.

A breach of security at two payment card processing companies in India that led to heists at cash machines around the world has reopened questions on the risks of outsourcing sensitive financial services to the Asian nation.

A breach of security at two payment card processing companies in India that led to heists at cash machines around the world has reopened questions on the risks of outsourcing sensitive financial services to the Asian nation.

The government's cyber watchdog is investigating how the computer systems of two companies that are part of the India's vast IT services industry were breached in a global ATM heist that saw $45 million stolen from two banks in the Middle East.

Because the sums were large and such attacks are relatively new, the two Middle East banks hit in a $45 million ATM heist face an uncertain path in trying to recover their losses, financial, insurance and legal experts say.

Because the sums were large and such attacks are relatively new, the two Middle East banks hit in a $45 million ATM heist face an uncertain path in trying to recover their losses, financial, insurance and legal experts say.

EnStage Inc, which operates from Bangalore, and ElectraCard Services, which is based in Pune, processed card payments for the two Middle Eastern banks that were hit in the theft, according to several people familiar with the situation.

Two companies with major operations in India were the weak links that opened the door to a 45 million dollars (around 247 crore rupees) global cyber heist brought to light by US authorities this week.

A worldwide gang of criminals stole $45 million in a matter of hours by hacking their way into a database of prepaid debit cards and then draining cash machines around the globe, federal prosecutors said on Thursday - and outmoded U.S. card technology may be partly to blame.

The facility has a maturity of one year and will be used for general corporate purposes and trade finance.