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Cooperative Bank Case Closure Report Accepted, Ajit Pawar, Others Cleared
A court in Mumbai has accepted the closure report given by the police in a case linked to an alleged scam worth Rs 25,000 crore in the Maharashtra State Cooperative Bank (MSCB).
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Fino Payments Bank MD Rishi Gupta Arrested For GST Act Violation
Fino Payments Bank said that tax authorities have arrested its managing director and CEO Rishi Gupta for violating the law related to the Goods and Services Tax.
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Madhya Pradesh Minister's "Fake Farmers" Swipe Draws Kamal Nath Response
Madhya Pradesh minister Vishwas Sarang has blamed the previous Kamal Nath-led Congress government's farm loan waiver scheme for the poor financial condition of cooperative societies and banks in the state.
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"Russian Oil Wasn't An Issue": Raghuram Rajan's Take On US Tariffs On India
The import of Russian oil was not the central reason for the Donald Trump administration's imposition of a hefty 50 per cent tariff on Indian goods in the United States, according to former Reserve Bank Governor Raghuram Rajan.
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'Want To Use Temple Money To Save Bank? It Belongs To Deity': Supreme Court
The Supreme Court on Friday remarked that temple funds "belong to the deity" and cannot be used to aid struggling cooperative banks.
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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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Maharashtra Reserves 70% Jobs In District Cooperative Banks For Locals
In a move aimed at encouraging local employment, the Maharashtra government has directed that 70 per cent of jobs in District Central Cooperative Banks (DCCBs) be reserved for candidates domiciled in the respective districts.
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Xi Jinping Seeks Development Bank For SCO To Counter US-Led System
Chinese President Xi Jinping said China would accelerate the creation of an SCO development bank on Monday at the summit of the Shanghai Cooperation Organization in Tianjin, as he seeks to expand the organization's influence and scope.
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First-Ever Raids In Andaman Islands In Rs 200 Crore Cooperative Bank Fraud
The Enforcement Directorate on Wednesday carried out its first-ever search operation in the Andaman and Nicobar Islands. The operation is linked to an alleged Rs 200 crore loan fraud involving the Andaman Nicobar State Cooperative Bank (ANSCB).
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Probe Agency Restitutes Rs 380-Crore Assets In Bank 'Fraud' Involving Ex-MLA
Attached assets worth Rs 380 crore have been restored to a designated Maharashtra government authority for distribution to the about 5 lakh "duped" depositors of a cooperative bank, controlled by a former MLA.
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Cooperative Bank Case Closure Report Accepted, Ajit Pawar, Others Cleared
A court in Mumbai has accepted the closure report given by the police in a case linked to an alleged scam worth Rs 25,000 crore in the Maharashtra State Cooperative Bank (MSCB).
-
Fino Payments Bank MD Rishi Gupta Arrested For GST Act Violation
Fino Payments Bank said that tax authorities have arrested its managing director and CEO Rishi Gupta for violating the law related to the Goods and Services Tax.
-
Madhya Pradesh Minister's "Fake Farmers" Swipe Draws Kamal Nath Response
Madhya Pradesh minister Vishwas Sarang has blamed the previous Kamal Nath-led Congress government's farm loan waiver scheme for the poor financial condition of cooperative societies and banks in the state.
-
"Russian Oil Wasn't An Issue": Raghuram Rajan's Take On US Tariffs On India
The import of Russian oil was not the central reason for the Donald Trump administration's imposition of a hefty 50 per cent tariff on Indian goods in the United States, according to former Reserve Bank Governor Raghuram Rajan.
-
'Want To Use Temple Money To Save Bank? It Belongs To Deity': Supreme Court
The Supreme Court on Friday remarked that temple funds "belong to the deity" and cannot be used to aid struggling cooperative banks.
-
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.
-
Maharashtra Reserves 70% Jobs In District Cooperative Banks For Locals
In a move aimed at encouraging local employment, the Maharashtra government has directed that 70 per cent of jobs in District Central Cooperative Banks (DCCBs) be reserved for candidates domiciled in the respective districts.
-
Xi Jinping Seeks Development Bank For SCO To Counter US-Led System
Chinese President Xi Jinping said China would accelerate the creation of an SCO development bank on Monday at the summit of the Shanghai Cooperation Organization in Tianjin, as he seeks to expand the organization's influence and scope.
-
First-Ever Raids In Andaman Islands In Rs 200 Crore Cooperative Bank Fraud
The Enforcement Directorate on Wednesday carried out its first-ever search operation in the Andaman and Nicobar Islands. The operation is linked to an alleged Rs 200 crore loan fraud involving the Andaman Nicobar State Cooperative Bank (ANSCB).
-
Probe Agency Restitutes Rs 380-Crore Assets In Bank 'Fraud' Involving Ex-MLA
Attached assets worth Rs 380 crore have been restored to a designated Maharashtra government authority for distribution to the about 5 lakh "duped" depositors of a cooperative bank, controlled by a former MLA.
