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Bengaluru Bank Staff Uses Customer's Gold Worth 3.5 Crores To Fund Gambling
A deputy manager of a bank was arrested for allegedly misappropriating and unauthorisedly mortgaging 2,780 grams of customers' gold ornaments worth over Rs 3.5 crore, police said.
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Elderly Couple Homeless After House Seized By CPM-Backed Cooperative Bank In Kerala
The eviction of an elderly couple from their house in Kerala over loan dues has led to a huge public outcry, especially after the state's Left government recently brought a law to protect families from losing their only home due to mortgage issues.
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SC/ST Act Can't Be Used To Curtail Bank's Mortgage Rights: Delhi Court
The Delhi High Court has said that the provisions of the SC/ST Act relating to wrongful occupation or dispossession of land belonging to people from SC and ST cannot be used to prevent a bank from exercising its lawful mortgage rights.
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What It Could Mean For The US Fed To Lose Its Independence
President Donald Trump's attempt to fire a member of the Federal Reserve's governing board has raised alarms among economists and legal experts who see it as the biggest threat to the central bank's independence in decades.
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Fired Federal Reserve Governor Lisa Cook To Sue Trump To Save Her Job
Federal Reserve Gov. Lisa Cook will sue President Donald Trump's administration to try to prevent him from firing her, her lawyer said Tuesday.
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ICICI Bank Made Offer To Acquire HDFC Ltd Before Reverse Merger: Ex-Chairman Deepak Parekh
Veteran banker and former chairman of HDFC Ltd, Deepak Parekh, has said that ICICI Bank had made an offer to take over mortgage lender HDFC Ltd but it was declined.
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Mehul Choksi To Not Object Bank's Petition Seeking Release Of Properties: Court
A special court in Mumbai on Wednesday rejected absconding diamond merchant Mehul Choksi's application seeking to intervene in an application filed by the ICICI Bank for the release of certain mortgaged properties worth Rs 636 crore.
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"Supposed To Open 15 Accounts": HDFC Bank Staff Abused, Video Viral
India's top mortgage lender Housing Development Finance Corporation, popularly known as HDFC bank, has suspended a senior member after a video featuring him was leaked online where the man is seen shouting profanities at co-workers.
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Father, Daughter, 2 Others Defraud Banks Of Rs 2.8 Crore In UP, Arrested
Four people including a man and his daughter have been arrested in Mathura for allegedly borrowing Rs 2.8 crore from two banks mortgaging fake gold jewellery, police on Friday said.
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3 Arrested In Delhi For Cheating Mortgage Firms For Rs 10 Crore: Police
Rishi Arora, Umesh Azad and Manoj Dwivedi cheated the complainant companies by selling the properties already mortgaged with a bank and duping them of over Rs 10 crore, police said, adding further investigation is on.
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Bengaluru Bank Staff Uses Customer's Gold Worth 3.5 Crores To Fund Gambling
A deputy manager of a bank was arrested for allegedly misappropriating and unauthorisedly mortgaging 2,780 grams of customers' gold ornaments worth over Rs 3.5 crore, police said.
-
Elderly Couple Homeless After House Seized By CPM-Backed Cooperative Bank In Kerala
The eviction of an elderly couple from their house in Kerala over loan dues has led to a huge public outcry, especially after the state's Left government recently brought a law to protect families from losing their only home due to mortgage issues.
-
SC/ST Act Can't Be Used To Curtail Bank's Mortgage Rights: Delhi Court
The Delhi High Court has said that the provisions of the SC/ST Act relating to wrongful occupation or dispossession of land belonging to people from SC and ST cannot be used to prevent a bank from exercising its lawful mortgage rights.
-
What It Could Mean For The US Fed To Lose Its Independence
President Donald Trump's attempt to fire a member of the Federal Reserve's governing board has raised alarms among economists and legal experts who see it as the biggest threat to the central bank's independence in decades.
-
Fired Federal Reserve Governor Lisa Cook To Sue Trump To Save Her Job
Federal Reserve Gov. Lisa Cook will sue President Donald Trump's administration to try to prevent him from firing her, her lawyer said Tuesday.
-
ICICI Bank Made Offer To Acquire HDFC Ltd Before Reverse Merger: Ex-Chairman Deepak Parekh
Veteran banker and former chairman of HDFC Ltd, Deepak Parekh, has said that ICICI Bank had made an offer to take over mortgage lender HDFC Ltd but it was declined.
-
Mehul Choksi To Not Object Bank's Petition Seeking Release Of Properties: Court
A special court in Mumbai on Wednesday rejected absconding diamond merchant Mehul Choksi's application seeking to intervene in an application filed by the ICICI Bank for the release of certain mortgaged properties worth Rs 636 crore.
-
"Supposed To Open 15 Accounts": HDFC Bank Staff Abused, Video Viral
India's top mortgage lender Housing Development Finance Corporation, popularly known as HDFC bank, has suspended a senior member after a video featuring him was leaked online where the man is seen shouting profanities at co-workers.
-
Father, Daughter, 2 Others Defraud Banks Of Rs 2.8 Crore In UP, Arrested
Four people including a man and his daughter have been arrested in Mathura for allegedly borrowing Rs 2.8 crore from two banks mortgaging fake gold jewellery, police on Friday said.
-
3 Arrested In Delhi For Cheating Mortgage Firms For Rs 10 Crore: Police
Rishi Arora, Umesh Azad and Manoj Dwivedi cheated the complainant companies by selling the properties already mortgaged with a bank and duping them of over Rs 10 crore, police said, adding further investigation is on.
