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After RBI Crackdown, EPFO To Halt Claims Made Via Paytm Payments Bank
India's state-run social security fund, EPFO, will halt claims made via Paytm Payments Bank accounts from Feb. 23, as the central bank imposed restrictions on the payments bank due to persistent irregularities, a government order said.
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Finance Minister Asks Indian Banks To Assess Risks Amid Global Financial Crisis
Finance Minister Nirmala Sitharaman has asked state-run banks to assess various financial health parameters amid turbulence across the global banking sector.
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PNB Chief Says Bank Has Exposure To Adani Group, But Not A Matter Of Worry
Punjab National Bank has a total exposure of 70 billion rupees to Adani Group, but there is currently no worry pertaining to those accounts, the state-run lender's managing director and chief executive said on Monday.
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3 Girls Climb Water Tank At Jaipur College, Demand ATM And Gym
A high drama prevailed in the state-run Maharani College in Jaipur where three girl students climbed an overhead water tank on Monday demanding an ATM machine, a bank and open air gym in the institute.
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Court's Query To Maharashtra Over PMC Scam Accused's "Pacemaker" Plea
The Bombay High Court has asked the Maharashtra government to inform the court if any state-run hospital in Mumbai has "pacemaker implantation facility" that can be provided to businessman Rakesh Wadhawan accused of money laundering in the PMC Scam.
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How Banks Recouped 40% Losses From Vijay Mallya, Nirav Modi, Mehul Choksi
Assets worth Rs 9,371 crore belonging to fugitive businessmen Vijay Mallya, Nirav Modi, Mehul Choksi have been transferred by the Enforcement Directorate to state-run banks that will help them recover losses on account of the fraud.
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SBI Union, Others Urge Central Bank to Scrap Digital Payments Plan, Letter Shows
A union representing the largest state-run bank and a global alliance have asked the central bank to bar large companies from setting up payment networks, saying in a letter seen by Reuters that privatisation could compromise data safety.
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Rs 1.18 Lakh Crore Given To Farmers, Poor During Covid Outbreak: Shivraj Chouhan
Shivraj Singh Chouhan on Friday said Rs 1,18,455 crore had been deposited in the bank accounts of farmers and the poor under various state-run welfare schemes during the coronavirus outbreak.
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Cord Blood Bank To Be Used For Treating COVID-19 Patients: Mamata Banerjee
West Bengal Chief Minister Mamata Banerjee Thursday said the cord blood bank in the city will be used for treating COVID-19 patients in addition to the plasma bank at the state-run Calcutta Medical College Hospital.
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CBI Files Rs 67 Crore Bank Fraud Case Against BJP Leader, Four Others
The Central Bureau of Investigation (CBI) has registered a case of bank fraud against Bharatiya Janata Party leader Mohit Kamboj alias Mohit Bharatiya and four others for allegedly defrauding the state-run Bank of India to the tune of Rs. 67 crore.
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53-Year-Old Bank Manager Allegedly Raped In Her Bhopal Home Amid Lockdown
A 53-year-old manager of a state-run bank was allegedly raped inside her flat by an unidentified man in the posh Shahpura area of Bhopal in the early hours on Friday.
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Banks' "Worst" Time Under Manmohan Singh-Raghuram Rajan: Finance Minister
Finance Minister Nirmala Sitharaman has turned the tables on her macroeconomics opponents by pointing at a massive amount of bad loans in state-run banks when the United Progressive Alliance (UPA) was in power. She held "the combination" of former Prime Minister Manmohan Singh and former Reserve Bank of India Governor Raghuram Rajan responsible for...
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Bank Mergers Won't Lead To Job Losses, Nirmala Sitharaman Assures
Union Finance Minister Nirmala Sitharaman today calmed apprehensions of job loss following the merging of public sector banks, saying it would not lead to any. "I have very clearly underlined the fact that there shall not be one employee removed, not at all," she told reporters in Chennai two days after announcing that 27 state-run banks will be me...
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"No Connection" With Arrested Nephew's Business, Says Kamal Nath
Madhya Pradesh Chief Minister Kamal Nath today said he had no connection with the business of his nephew Ratul Puri, who was arrested this morning over allegations of swindling a state-run bank.
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BJP Youth Wing Chief Declared Wilful Defaulter By Bank Of Baroda
BJP leader Mohit Kamboj has been declared a "wilful defaulter" by the state-run Bank of Baroda. Kamboj, chief of Mumbai unit of Bhartiya Janata Yuva Morcha who was in news earlier this year when he replaced his last name with "Bhartiya", disputed the bank's action, saying he had paid his dues as a personal guarantor for a loan.
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After RBI Crackdown, EPFO To Halt Claims Made Via Paytm Payments Bank
India's state-run social security fund, EPFO, will halt claims made via Paytm Payments Bank accounts from Feb. 23, as the central bank imposed restrictions on the payments bank due to persistent irregularities, a government order said.
-
Finance Minister Asks Indian Banks To Assess Risks Amid Global Financial Crisis
Finance Minister Nirmala Sitharaman has asked state-run banks to assess various financial health parameters amid turbulence across the global banking sector.
-
PNB Chief Says Bank Has Exposure To Adani Group, But Not A Matter Of Worry
Punjab National Bank has a total exposure of 70 billion rupees to Adani Group, but there is currently no worry pertaining to those accounts, the state-run lender's managing director and chief executive said on Monday.
-
3 Girls Climb Water Tank At Jaipur College, Demand ATM And Gym
A high drama prevailed in the state-run Maharani College in Jaipur where three girl students climbed an overhead water tank on Monday demanding an ATM machine, a bank and open air gym in the institute.
-
Court's Query To Maharashtra Over PMC Scam Accused's "Pacemaker" Plea
The Bombay High Court has asked the Maharashtra government to inform the court if any state-run hospital in Mumbai has "pacemaker implantation facility" that can be provided to businessman Rakesh Wadhawan accused of money laundering in the PMC Scam.
-
How Banks Recouped 40% Losses From Vijay Mallya, Nirav Modi, Mehul Choksi
Assets worth Rs 9,371 crore belonging to fugitive businessmen Vijay Mallya, Nirav Modi, Mehul Choksi have been transferred by the Enforcement Directorate to state-run banks that will help them recover losses on account of the fraud.
-
SBI Union, Others Urge Central Bank to Scrap Digital Payments Plan, Letter Shows
A union representing the largest state-run bank and a global alliance have asked the central bank to bar large companies from setting up payment networks, saying in a letter seen by Reuters that privatisation could compromise data safety.
-
Rs 1.18 Lakh Crore Given To Farmers, Poor During Covid Outbreak: Shivraj Chouhan
Shivraj Singh Chouhan on Friday said Rs 1,18,455 crore had been deposited in the bank accounts of farmers and the poor under various state-run welfare schemes during the coronavirus outbreak.
-
Cord Blood Bank To Be Used For Treating COVID-19 Patients: Mamata Banerjee
West Bengal Chief Minister Mamata Banerjee Thursday said the cord blood bank in the city will be used for treating COVID-19 patients in addition to the plasma bank at the state-run Calcutta Medical College Hospital.
-
CBI Files Rs 67 Crore Bank Fraud Case Against BJP Leader, Four Others
The Central Bureau of Investigation (CBI) has registered a case of bank fraud against Bharatiya Janata Party leader Mohit Kamboj alias Mohit Bharatiya and four others for allegedly defrauding the state-run Bank of India to the tune of Rs. 67 crore.
-
53-Year-Old Bank Manager Allegedly Raped In Her Bhopal Home Amid Lockdown
A 53-year-old manager of a state-run bank was allegedly raped inside her flat by an unidentified man in the posh Shahpura area of Bhopal in the early hours on Friday.
-
Banks' "Worst" Time Under Manmohan Singh-Raghuram Rajan: Finance Minister
Finance Minister Nirmala Sitharaman has turned the tables on her macroeconomics opponents by pointing at a massive amount of bad loans in state-run banks when the United Progressive Alliance (UPA) was in power. She held "the combination" of former Prime Minister Manmohan Singh and former Reserve Bank of India Governor Raghuram Rajan responsible for...
-
Bank Mergers Won't Lead To Job Losses, Nirmala Sitharaman Assures
Union Finance Minister Nirmala Sitharaman today calmed apprehensions of job loss following the merging of public sector banks, saying it would not lead to any. "I have very clearly underlined the fact that there shall not be one employee removed, not at all," she told reporters in Chennai two days after announcing that 27 state-run banks will be me...
-
"No Connection" With Arrested Nephew's Business, Says Kamal Nath
Madhya Pradesh Chief Minister Kamal Nath today said he had no connection with the business of his nephew Ratul Puri, who was arrested this morning over allegations of swindling a state-run bank.
-
BJP Youth Wing Chief Declared Wilful Defaulter By Bank Of Baroda
BJP leader Mohit Kamboj has been declared a "wilful defaulter" by the state-run Bank of Baroda. Kamboj, chief of Mumbai unit of Bhartiya Janata Yuva Morcha who was in news earlier this year when he replaced his last name with "Bhartiya", disputed the bank's action, saying he had paid his dues as a personal guarantor for a loan.
