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High Court Rejects Anil Ambani's Plea Against SBI's Fraud Tag For Accounts
The Bombay High Court on Friday dismissed a petition filed by industrialist Anil Ambani challenging the State Bank of India's (SBI) decision classifying his and Reliance Communications' accounts as fraud.
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Banks To Clear Cheques On Same Day From Tomorrow: RBI
Private banks, including HDFC Bank and ICICI Bank, have informed that they will start same-day cheque clearance from October 4, following the Reserve Bank of India's (RBI) updated settlement framework for quicker and more secure payments.
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Rs 2000 Notes Worth Rs 5,884 Crore Still In Circulation, Says RBI
The high-value Rs 2000 notes worth Rs 5,884 crore are still in circulation, according to official data released on Wednesday.
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RBI Raises IPO Loan Limit To Rs 25 Lakh, Eases Lending Rules For Banks
The Reserve Bank of India (RBI) on Wednesday announced a major set of changes to make bank credit more accessible for companies and individuals.
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Asian Development Bank Forecasts India's Growth At 6.5% For FY26
Despite a strong 7.8 per cent growth in the first quarter, the Indian economy is expected to grow at 6.5 per cent in the current financial year ADB said on Tuesday.
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Delhi Ashram Baba Withdrew Over Rs 50 Lakh After Case Was Filed Against Him
Swami Chaitanyananda Saraswati, accused of sexually harassing 17 girl students of a Delhi institute, allegedly used different names and particulars to operate bank accounts and withdrew over Rs 50 lakh after FIR was registerd against him
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"Hope My Story Serves As Warning": Ex-Banker Loses Rs 23 Crore In Digital Arrest
A 78-year-old former banker who lost his life's savings, a whopping Rs 23 crore, to a fake "digital arrest," hopes his loss will serve as a warning to others.
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In Rs 20 Crore Gold Heist From SBI Bank, Cops Recover Some Jewellery
A bag of money and gold bangles that were looted from a State Bank of India (SBI) branch in Karnataka, in a daring heist by three masked men, were recovered from the roof of a house in Maharashtra on Friday.
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CBI Chargesheets Anil Ambani, Rana Kapoor In Rs 2,796 Crore Corruption Case
The CBI filed a chargesheet on Thursday against Anil Ambani and others over alleged fraudulent transactions causing a loss of Rs 2,796 crore to the bank, officials said.
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Lucknow Police Links 14-Year-Old Boy's Suicide To Gaming Addiction
A 14-year-old boy in Lucknow who committed suicide two days ago was addicted to mobile gaming for the last two months and had lost Rs 14 lakh from his father's bank account, police said on Wednesday.
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'Caste' Among Minorities Shatters Myth Of Muslim Vote Banks In Bihar
There is a certain myth that moves around Indian polls as smoothly as the holy river Ganges through Bihar - that the 'Muslim vote' is a single, easily counted thing you can herd into a booth and, like cattle, brand with the mark of a single party.
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Over 7,000 Prisoners Escape From Nepal Jails Amid Violent Protests
At least five juvenile inmates died during a clash with security personnel at a jail in western Nepal, while more than 7,000 prisoners escaped from different jails across the country during the violent anti-government protests.
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CBI Arrests Indore-Based Firm's Managing Director In Rs 183-Crore Fraud Case
The CBI has arrested the managing director of Indore-based Teerth Gopicon in connection with an alleged Rs 183 crore fraud to secure irrigation projects by submitting fake bank guarantees to Madhya Pradesh Jal Nigam Limited, officials said
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Gurugram Woman Loses Rs 5.85 Crore In Cyber Scam, Blames Banks
A Gurugram woman who lost Rs 5.85 crore in a "digital arrest" scam is now asking questions of her banks that cleared the transfers.
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Anil Ambani, RCom's Loan Accounts Declared 'Fraud' By Bank Of Baroda
In a significant step, Bank of Baroda, one of India's leading public sector banks, has declared the loan accounts of Reliance Communications Ltd. (RCom) and its erstwhile Director, Anil Ambani, as 'fraud', according to an exchange filing.
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High Court Rejects Anil Ambani's Plea Against SBI's Fraud Tag For Accounts
The Bombay High Court on Friday dismissed a petition filed by industrialist Anil Ambani challenging the State Bank of India's (SBI) decision classifying his and Reliance Communications' accounts as fraud.
-
Banks To Clear Cheques On Same Day From Tomorrow: RBI
Private banks, including HDFC Bank and ICICI Bank, have informed that they will start same-day cheque clearance from October 4, following the Reserve Bank of India's (RBI) updated settlement framework for quicker and more secure payments.
-
Rs 2000 Notes Worth Rs 5,884 Crore Still In Circulation, Says RBI
The high-value Rs 2000 notes worth Rs 5,884 crore are still in circulation, according to official data released on Wednesday.
-
RBI Raises IPO Loan Limit To Rs 25 Lakh, Eases Lending Rules For Banks
The Reserve Bank of India (RBI) on Wednesday announced a major set of changes to make bank credit more accessible for companies and individuals.
-
Asian Development Bank Forecasts India's Growth At 6.5% For FY26
Despite a strong 7.8 per cent growth in the first quarter, the Indian economy is expected to grow at 6.5 per cent in the current financial year ADB said on Tuesday.
-
Delhi Ashram Baba Withdrew Over Rs 50 Lakh After Case Was Filed Against Him
Swami Chaitanyananda Saraswati, accused of sexually harassing 17 girl students of a Delhi institute, allegedly used different names and particulars to operate bank accounts and withdrew over Rs 50 lakh after FIR was registerd against him
-
"Hope My Story Serves As Warning": Ex-Banker Loses Rs 23 Crore In Digital Arrest
A 78-year-old former banker who lost his life's savings, a whopping Rs 23 crore, to a fake "digital arrest," hopes his loss will serve as a warning to others.
-
In Rs 20 Crore Gold Heist From SBI Bank, Cops Recover Some Jewellery
A bag of money and gold bangles that were looted from a State Bank of India (SBI) branch in Karnataka, in a daring heist by three masked men, were recovered from the roof of a house in Maharashtra on Friday.
-
CBI Chargesheets Anil Ambani, Rana Kapoor In Rs 2,796 Crore Corruption Case
The CBI filed a chargesheet on Thursday against Anil Ambani and others over alleged fraudulent transactions causing a loss of Rs 2,796 crore to the bank, officials said.
-
Lucknow Police Links 14-Year-Old Boy's Suicide To Gaming Addiction
A 14-year-old boy in Lucknow who committed suicide two days ago was addicted to mobile gaming for the last two months and had lost Rs 14 lakh from his father's bank account, police said on Wednesday.
-
'Caste' Among Minorities Shatters Myth Of Muslim Vote Banks In Bihar
There is a certain myth that moves around Indian polls as smoothly as the holy river Ganges through Bihar - that the 'Muslim vote' is a single, easily counted thing you can herd into a booth and, like cattle, brand with the mark of a single party.
-
Over 7,000 Prisoners Escape From Nepal Jails Amid Violent Protests
At least five juvenile inmates died during a clash with security personnel at a jail in western Nepal, while more than 7,000 prisoners escaped from different jails across the country during the violent anti-government protests.
-
CBI Arrests Indore-Based Firm's Managing Director In Rs 183-Crore Fraud Case
The CBI has arrested the managing director of Indore-based Teerth Gopicon in connection with an alleged Rs 183 crore fraud to secure irrigation projects by submitting fake bank guarantees to Madhya Pradesh Jal Nigam Limited, officials said
-
Gurugram Woman Loses Rs 5.85 Crore In Cyber Scam, Blames Banks
A Gurugram woman who lost Rs 5.85 crore in a "digital arrest" scam is now asking questions of her banks that cleared the transfers.
-
Anil Ambani, RCom's Loan Accounts Declared 'Fraud' By Bank Of Baroda
In a significant step, Bank of Baroda, one of India's leading public sector banks, has declared the loan accounts of Reliance Communications Ltd. (RCom) and its erstwhile Director, Anil Ambani, as 'fraud', according to an exchange filing.
