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Laid-Off Employees Deep In Debt As Slowdown Hits Tamil Nadu Auto Hub
In Chennai's Ambattur, a hub for tiny auto component manufacturers, machine operator Sahaya Mary was pushed out of her job of 10 years. With no means of income, she had to take a loan from a private money lender at a very high interest rate. Unable to pay off her debt, she has now pledged the little gold that she owned. "I don't know whether to eat...
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Probe Agency Summons Chanda Kochhar On June 10 Over Money Laundering Case
Former ICICI Bank CEO Chanda Kochhar has been asked to depose before the Enforcement Directorate or ED next week as the agency has decided to expand its probe into the money laundering case involving the bank and Videocon group by questioning some more officials of the private lender, officials said Saturday.
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Now, Send Money to Your Facebook Friends Real Time For Free
Private sector lender Kotak Mahindra Bank (KMB) today launched a Facebook-based instant fund transfer service wherein one can send money to friends on the social media network real time, for free.
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Kerala Government to Continue With 'Operation Kubera'
The Kerala government today made it clear that it would go ahead with 'Operation Kubera' - the drive against private money lenders, till it roots out the menace.
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Top private sector banks to probe money-laundering accusations
Top private sector lenders ICICI Bank, HDFC Bank and Axis Bank say they are investigating allegations of widespread money laundering practices at their branches. In statements, the banks emphasized that they conduct business in strict compliance with the law.
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Laid-Off Employees Deep In Debt As Slowdown Hits Tamil Nadu Auto Hub
In Chennai's Ambattur, a hub for tiny auto component manufacturers, machine operator Sahaya Mary was pushed out of her job of 10 years. With no means of income, she had to take a loan from a private money lender at a very high interest rate. Unable to pay off her debt, she has now pledged the little gold that she owned. "I don't know whether to eat...
-
Probe Agency Summons Chanda Kochhar On June 10 Over Money Laundering Case
Former ICICI Bank CEO Chanda Kochhar has been asked to depose before the Enforcement Directorate or ED next week as the agency has decided to expand its probe into the money laundering case involving the bank and Videocon group by questioning some more officials of the private lender, officials said Saturday.
-
Now, Send Money to Your Facebook Friends Real Time For Free
Private sector lender Kotak Mahindra Bank (KMB) today launched a Facebook-based instant fund transfer service wherein one can send money to friends on the social media network real time, for free.
-
Kerala Government to Continue With 'Operation Kubera'
The Kerala government today made it clear that it would go ahead with 'Operation Kubera' - the drive against private money lenders, till it roots out the menace.
-
Top private sector banks to probe money-laundering accusations
Top private sector lenders ICICI Bank, HDFC Bank and Axis Bank say they are investigating allegations of widespread money laundering practices at their branches. In statements, the banks emphasized that they conduct business in strict compliance with the law.
