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Total 88 results found. Search for [ UBI ]

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October 30, 2018

October 29, 2018

Anand Adhikari
New Delhi, October 24, 2018
The lending environment is still challenging. The corporate are still to get into the expansion mode to borrow from banks.

Anand Adhikari
New Delhi, May 28, 2018
The RBI's move to clean up bank balance sheets has made close to half a dozen banks nearly dysfunctional. There is little hope of their recovery in the near term.

April 25, 2018

New Delhi, April 24, 2018
The UBI head office will take action against the agency that fed the cash in the ATM.

Meetu Jain
April 14, 2018
Five Indian banks are now under the scanner of the Enforcement Directorate for helping Nirav Modi round trip over Rs 6,000 crore of loans extended to his companies by the Punjab National Bank.

April 9, 2018
The report referred to a data from Clearing Corp of India which showed that on March 28, dollar purchases reached as high as USD 122 billion as opposed to USD 20-30 billion a day.

Sahil Joshi
Mumbai, March 30, 2018
Before the end of the current fiscal, the Punjab National Bank (PNB) has paid back Rs 6,600 crore to eight banks defrauded in the Rs 13,700 crore LoU fraud involving fugitive diamantaires Nirav Modi and Mehul Choksi.

New Delhi, March 23, 2018
Shares of state-run Union Bank of India plunged to 11-year low a day after the Central Bureau of Investigation (CBI) registered a case against the Hyderabad-based Totem Infrastructure.
March 13, 2018
Among the banks which have exposure to mega PNB fraud are: SBI, UCO Bank, Allahabad Bank, Union Bank of India and Bank of Baroda. UCO Bank has the highest exposure of about Rs 2,635 crore followed by Allahabad Bank which has an exposure of Rs 2,400 crore.

New Delhi, March 4, 2018
In what can impact the exim trade, the Rs 12,700-crore Nirav Modi scam at Punjab National Bank has affected trade finance activities as lenders have become extra cautious, while the premium on Indian paper has shot up by 10-50 bps, say bankers.

New Delhi, March 1, 2018
The agency has alleged that during her tenure at various banks in senior positions between 2004 and 2014, Bhargava amassed assets worth Rs 4.89 crore and incurred an additional expenditure of Rs 1.47 crore against the income of Rs 2.73 crore.

March 1, 2018

Virendrasingh D Ghunawat
New Delhi, February 26, 2018
Agency sources say it'll be \"very difficult\" for these 31 banks to recover the additional Rs 5,280-crore loan offered to Gitanjali. The Mehul Choksi-owned company, along with Nirav Modi's Firestar Diamond, is already being investigated for the biggest banking fraud in India.

February 12, 2018

December 30, 2017

December 20, 2017
December 19, 2017
Auto stocks lead gains; Maruti (5.82%), Hero MotoCorp (4.51%), Tata Motors (3.56%), Bajaj Auto (2.8%) top Sensex gainers.

Frank-Jurgen Richter
July 19, 2017
Populism is uncritical and unthinking and may cause governments to make poor decisions. We must educate our children better - but can we survive populism?

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