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Total 78 results found. Search for [ Bank of Maharashtra loan fraud ]

Results 1 to 21 of 78
May 5, 2021
While granting the bail to the directors -- Mukti Bavisi, Trupti Suhas Bane and Ranjeet Tara Singh Nandrajog, the court asked them to submit their passports to it.

January 4, 2021
The ED had summoned Varsha Raut in connection with the alleged transfer of funds from the accounts of Pravin Raut, an accused arrested in the Punjab and Maharashtra Cooperative (PMC) Bank fraud case

December 28, 2020
Sanjay Raut's wife Varsha was first summoned on December 11. This is the third summons issued to her after she skipped the earlier two on health grounds. If a person skips three summons in a row then the ED can take legal and judicial action against the person

September 17, 2020
PMC has \"tried to engage with the major banks of the country to request for a merger\", the bank's administrator said in a Sept. 10 filing at the Delhi High Court, without identifying the banks or giving other details

August 8, 2020
In his petition filed before HC, Wadhawan, who is presently lodged at the Arthur Road prison in central Mumbai, sought to be shifted to hospitals like Lilavati, Nanavati or Criticare

August 6, 2020
Since loan has been declared as \"fraud\", PNB will have to set aside 100% loan amount as \"provision\" as per RBI rules; this can either be done in four quarters or one go

Prasanna Mohanty
July 29, 2020
Apart from rise in financial frauds in private companies in India, recent years have also witnessed a rise in the role of shell companies and tax havens in their operations, raising further concerns about illicit operations

Nevin John
New Delhi, June 24, 2020
With the post-lockdown economy still to pick up, highly leveraged companies are looking at ways to reduce debt

June 10, 2020
The fraud at the Punjab and Maharashtra Cooperative (PMC) Bank came to light in September 2019 after the Reserve Bank of India found that the PMC Bank had allegedly created fictitious accounts to hide over Rs 4,355 crore of loans extended to the almost-bankrupt HDIL

New Delhi, March 27, 2020
Coronavirus Crisis Live Updates: Trump said that US has \"purchased many Ventilators from some wonderful companies. Names and numbers will be announced later today!\"

Mumbai, January 16, 2020
Earlier during the day the apex court had agreed to consider the plea of enforcement agencies against the high court order to release them from jail and keeping them in their residence

Mumbai, January 15, 2020
The Wadhawans shall help the committee in valuation of HDIL's encumbered properties, the court said

Mumbai, January 13, 2020
The fraud at PMC Bank came to light in September last year after RBI discovered that the bank had allegedly created fictitious accounts to hide over Rs 6,700 crore in loans extended to HDIL

January 10, 2020
As per book value, total worth of the attached assets is estimated to be above Rs 78 crore, but their market value is expected to be much higher

Divyesh Singh
December 30, 2019
Anu Wadhawan revealed that she was not a director in any HDIL group company, but worked as a retainer in an HDIL group firm named Privilege Industries since 2016

Divyesh Singh
December 30, 2019
Charge sheet filed by the Enforcement Directorate earlier this month has revealed that HDIL group companies need to repay Rs 6,117.93 crore to PMC Bank as on August 31, 2019

New Delhi, December 30, 2019
Manjit Kaur Ishwar Singh, who was Joint General Manager (Credit) in PMC Bank, told ED during the probe that HDIL had around total 44 loan accounts which included personal accounts of HDIL's promoters Rakesh Wadhawan and Sarang Wadhawan

New Delhi, December 27, 2019
UCBs should take utmost care about data accuracy and integrity while submitting the information /data on large credit to RBI, failing which penal action as per the provisions of the Banking Regulation Act, 1949 may be taken

Goutam Das
New Delhi, December 24, 2019
Shinji Fukuyo, Chief Blender at Suntory, has now come up with a whiskey that would cost between Rs 600 and Rs 1,300 depending on the expression and the state where it is sold

Prasanna Mohanty
December 1, 2019
Insolvency and Bankruptcy Rules of 2019 would help but more needs to be done: tighter RBI control and supervision, infusion of long-term funds (including capital) and reduction in mismatch in assets and liabilities

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