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www.businesstoday.in
New Delhi, February 17, 2018
State-owned UCO Bank today said it has exposure of USD 411.82 million (about Rs 2,636 crore) in the Rs 11,400-crore PNB fraud committed by billionaire jeweller Nirav Modi and his associates.


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February 17, 2018



www.businesstoday.in
February 17, 2018



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February 17, 2018



www.businesstoday.in
New Delhi, February 16, 2018
We are still concerned that this statement is silent on the critical issue of safety/security of a financial transaction through UPI, where consumers need to mandatorily sign-in with username and password, Paytm said on the approval.


www.businesstoday.in
February 16, 2018



www.businesstoday.in
February 16, 2018



www.businesstoday.in
February 16, 2018



www.businesstoday.in
New Delhi, February 16, 2018
The Reserve Bank of India's Deputy Governor SS Mundra, who retired last year, was the first to speak publically about the possible cracks in the banks payment infrastructure.


www.businesstoday.in
February 16, 2018



www.businesstoday.in
New Delhi, February 16, 2018
Zee Entertainment MD Punit Goenka has always been sceptical about offering content free. The home-grown media conglomerate earlier this week let out its digital strategy with the launch of Zee 5.


www.businesstoday.in
February 16, 2018



www.businesstoday.in
New Delhi, February 16, 2018
It was quite out of character for Nitin Gadkari when last Thursday he said there was no need for a policy on electric vehicles now after being one of its most active advocates over the last one year.


www.businesstoday.in
February 16, 2018
The world's largest retailer, Walmart Inc, is eyeing a stake of over 40% in India's e-tailing poster child, Flipkart, and is reportedly willing to shell out as much as $10 billion for it.


www.businesstoday.in
New Delhi, February 16, 2018
The investment is part of Zoomcar's $40 million (Rs 255 crore) 'Series C' fund-raising round. The online company is expanding into online car trading and into \"car subscriptions\" under its ZAP mobile app brand.


www.businesstoday.in
New Delhi, February 16, 2018
Former Allahabad Bank Director Dinesh Dubey told India Today, \"I had asked the management to first recover the previous loan from Gitanjali Gem before releasing fresh loan, but I was told this needed to be done order to stop NPAs and to run banks.\"


www.businesstoday.in
February 16, 2018



www.businesstoday.in
New Delhi, February 16, 2018
On Wednesday the country's fourth largest bank lost nearly 10% of its market cap, around Rs 3,800 crore, following news of a 7-year-old, $1.77 billion (over Rs 11,354 crore) fraud at one of its branches in Mumbai.


www.businesstoday.in
New Delhi, February 16, 2018
The banking sector took a hit after Punjab National Bank informed the exchanges on 14th February 2018 that it detected some unauthorised and fraudulent transactions worth $1.77 billion or Rs 11400 crores. 34 of the 39 listed banks' share prices fell between February 12 and February 15.


www.businesstoday.in
February 16, 2018



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