Bank Chairman Charged

The CBI on Tuesday searched the premises of one of the largest processors of premium Basmati rice in the country, Best Food Limited, and residences of its chairman and manager director for alleged bank fraud of Rs 1006.46 crore in a State Bank of India-led consortium, officials said on Tuesday.

The CBI has booked HDIL promoters Rakesh Wadhawan and Sarang Wadhawan, along with former PMC Bank chairman Waryam Singh and other directors of the firm, in an alleged Rs 200-crore loan fraud in Yes Bank involving Mack Star company, officials said Friday.

Rahul Gaur, the son of real estate group Gaursons' chairman BL Gaur and his wife Navneet, have been charged by the CBI for allegedly cheating the Bank of Baroda and the Syndicate Bank to the tune of Rs 80 crore in the name of a high-end residential complex planned by their firm Brys International Private Limited, officials said on Friday.

Mr Kumar also said that SBI is not charging higher interest rates for ratings downgrade

The chairman of the J&K Co-operative Bank was charged on Monday by the Anti-Corruption Bureau (ACB) for allegedly sanctioning a loan of Rs 223 crores to a non-existent co-operative society, officials said in Srinagar.

Prosecutors on Thursday aggressively pressed their bank and tax fraud case against Paul Manafort, presenting testimony and documents to try to prove US President Donald Trump's former campaign chairman deceived his lead bookkeeper and a bank about his finances.

The first trial of Special Counsel Robert Mueller's Russia probe begins on Tuesday with Paul Manafort, a former chairman of U.S. President Donald Trump's campaign, facing charges that he hid tens of millions of dollars earned in Ukraine in offshore accounts and defrauded banks for loans.

The CBI has filed a charge sheet against two former chairman cum managing directors of the Canara Bank in connection with alleged loan default of Rs 146 crore by Jatin Mehta of Winsome Diamonds and has also sought a Red Corner Notice against the billionaire jeweller.

Economic Offences Wing also arrested Bank of Maharashtra's executive director, zonal manager and former CMD

The CBI on Friday searched the residences of six former and current officials of IDBI Bank in connection with an alleged Rs 600 crore loan fraud case in which Bombay Stock Exchange Chairman S Ravi and the heads of two public sector banks have also been charged, officials said New Delhi.

CBI said the charges had been filed against five former Canara Bank officials including ex-chairman R.K. Dubey and one current official.

The CBI has charged former Chairman and Managing Director of United Bank of India Archana Bhargava for amassing assets worth over Rs 3.6 crore allegedly disproportionate to her known sources of income.

Billionaire Andre Esteves, arrested on charges related to Brazil's huge Petrobras corruption probe, has resigned as chairman and CEO of Latin America's largest independent investment bank, it said late Sunday.

Mr Kalra, who served the bank as its executive director, was entrusted additional charge of managing director and CEO, after the position fell vacant following superannuation of C V R Rajendran who had served the bank as its chairman and managing director.

T Venkatram Reddy, the chairman of Deccan Chronicle and The Asian Age group of publications, was arrested on Saturday afternoon after being interrogated by the Central Bureau of Investigation or CBI in connection with a bank cheating and fraud case filed in July 2013.

The CBI on Tuesday searched the premises of one of the largest processors of premium Basmati rice in the country, Best Food Limited, and residences of its chairman and manager director for alleged bank fraud of Rs 1006.46 crore in a State Bank of India-led consortium, officials said on Tuesday.

The CBI has booked HDIL promoters Rakesh Wadhawan and Sarang Wadhawan, along with former PMC Bank chairman Waryam Singh and other directors of the firm, in an alleged Rs 200-crore loan fraud in Yes Bank involving Mack Star company, officials said Friday.

Rahul Gaur, the son of real estate group Gaursons' chairman BL Gaur and his wife Navneet, have been charged by the CBI for allegedly cheating the Bank of Baroda and the Syndicate Bank to the tune of Rs 80 crore in the name of a high-end residential complex planned by their firm Brys International Private Limited, officials said on Friday.

Mr Kumar also said that SBI is not charging higher interest rates for ratings downgrade

The chairman of the J&K Co-operative Bank was charged on Monday by the Anti-Corruption Bureau (ACB) for allegedly sanctioning a loan of Rs 223 crores to a non-existent co-operative society, officials said in Srinagar.

Prosecutors on Thursday aggressively pressed their bank and tax fraud case against Paul Manafort, presenting testimony and documents to try to prove US President Donald Trump's former campaign chairman deceived his lead bookkeeper and a bank about his finances.

The first trial of Special Counsel Robert Mueller's Russia probe begins on Tuesday with Paul Manafort, a former chairman of U.S. President Donald Trump's campaign, facing charges that he hid tens of millions of dollars earned in Ukraine in offshore accounts and defrauded banks for loans.

The CBI has filed a charge sheet against two former chairman cum managing directors of the Canara Bank in connection with alleged loan default of Rs 146 crore by Jatin Mehta of Winsome Diamonds and has also sought a Red Corner Notice against the billionaire jeweller.

Economic Offences Wing also arrested Bank of Maharashtra's executive director, zonal manager and former CMD

The CBI on Friday searched the residences of six former and current officials of IDBI Bank in connection with an alleged Rs 600 crore loan fraud case in which Bombay Stock Exchange Chairman S Ravi and the heads of two public sector banks have also been charged, officials said New Delhi.

CBI said the charges had been filed against five former Canara Bank officials including ex-chairman R.K. Dubey and one current official.

The CBI has charged former Chairman and Managing Director of United Bank of India Archana Bhargava for amassing assets worth over Rs 3.6 crore allegedly disproportionate to her known sources of income.

Billionaire Andre Esteves, arrested on charges related to Brazil's huge Petrobras corruption probe, has resigned as chairman and CEO of Latin America's largest independent investment bank, it said late Sunday.

Mr Kalra, who served the bank as its executive director, was entrusted additional charge of managing director and CEO, after the position fell vacant following superannuation of C V R Rajendran who had served the bank as its chairman and managing director.

T Venkatram Reddy, the chairman of Deccan Chronicle and The Asian Age group of publications, was arrested on Saturday afternoon after being interrogated by the Central Bureau of Investigation or CBI in connection with a bank cheating and fraud case filed in July 2013.