bank frauds
ICICI Bank Q4 profit plunges 45 per cent to Rs 1,142 cr
It had a net profit of Rs 2,083 crore in the January-March quarter of the preceding fiscal, 2016-17.
Big wilful defaulters owe Punjab National Bank Rs 15,172 crore
The public sector lender has been putting out the names of wilful defaulters and firms since June 2017.
Govt notifies rules to operationalise fugitive economic offenders law
The Fugitive Economic Offenders Ordinance, 2018, is aimed at deterring economic offenders from evading the process of law.
Parliamentary panel calls Urjit Patel to answer queries on bank scams
Patel had recently said that the RBI doesn't have adequate powers to deal with pubic sector banks.
Govt preparing action plan to recover revenues from likes of Mallya
CBDT has formed a committee to study these cases and prepare an action plan.
Aadhaar not a solution for all frauds, says Supreme Court
SC said Aadhaar is not a catch for all frauds and may not be a solution to all the ills, and, in particular, Bank frauds.
Honest citizens bear burden of bank defaults: President Kovind
The amount involved in such defaults for PSBs is reported to be Rs 1,10,050 crore.
PNB detects another fraud of Rs 9 Cr at branch involved in Nirav case
The new alleged fraud of around Rs 9.1 crore involves officials of a little known company called Chandri Paper and Allied Products Pvt Ltd.