Business Today: Latest Business News, India economy News, Stock Markets, Sensex, Mutual Funds and Indian Tax
Search

Total 221 results found. Search for [ banking frauds ]

Results 1 to 21 of 221
BusinessToday.In
September 5, 2018
Banks are yet to pay heed, and hence the regulator has reportedly issued show-cause letters to several banks.


Mudit Kapoor
New Delhi, September 5, 2018
Money is laundered through a web of companies located in different geographies, making it difficult to check such transactions. To fight this, the Reserve Bank of India (RBI) has introduced Legal Entity Identifier or LEI. Its key aim is to check and prevent banking frauds.


PTI
New Delhi, September 3, 2018
RBI Governor Urjit Patel decided to follow \"wisdom of an owl\" as he went on to conduct the \"deep surgery\" initiated by his predecessor Raghuram Rajan to clamp down on loan defaulters.


PTI
New Delhi, August 22, 2018
This missive comes in the light of arrest of Bhushan Steels erstwhile promoter Neeraj Singal by the Serious Fraud Investigation Office (SFIO) for allegedly siphoning off funds.


BusinessToday.In
New Delhi, August 20, 2018
There are chances that the UK might accept India's extradition request as the UK's Crown Prosecution Service had informed India in June that it could initiate extradition proceedings against Nirav Modi even though his exact whereabouts at that time were uncertain.


Naveen Kumar and Renu Yadav
New Delhi, August 20, 2018
Digitisation has reached a level where you can manage your entire financial world with clicks and taps. Here is what all you can do and how you can manage personal finance digitally.


Rajeev Dubey & Joe C Mathew
New Delhi, August 20, 2018
How Malvinder and Shivinder Singh blew Rs 22,500 crore in less than a decade and lost control over Fortis Healthcare and Religare Enterprises.


PTI
August 7, 2018
Indian banks reported a total loss of about Rs 70,000 crore due to frauds during the last three fiscals up to March 2018.


BusinessToday.In
August 5, 2018
The top five banks in terms of their earnings from non-maintenance of minimum balance fee are SBI, HDFC Bank, Axis Bank, ICICI Bank and PNB.


BusinessToday.In
July 31, 2018
The outgoing chairman of Bank of Baroda, Ravi Venkatesan, said that the government needs to ease its grip over the lenders or risk slowly killing off the sector.


BusinessToday.In
July 24, 2018
\"After the NDA came to power in 2014, deposits in Swiss banks have been reduced by 80 per cent till the end of 2017,\" Finance Minister Piyush Goyal said.


PTI
New Delhi, July 22, 2018
Punjab National Bank and Allahabad Bank may take a call on further action to be taken against two executive directors and the MD chargesheeted in the Rs 14,000 crore Nirav Modi fraud case, sources said.


BusinessToday.In
July 22, 2018
Last year In April, the RBI through a confidential circular to banks had highlighted concerns about the ATMs running on Windows XP and/or other unsupported operating systems.


BusinessToday.In
New Delhi, July 18, 2018
The second largest public bank charged Rs 31.99 crore as a penalty in the first quarter of FY18, Rs 29.43 crore in the second, Rs 37.27 crore in the third and Rs 52.97 crore in the fourth quarter.


BusinessToday.In
July 16, 2018
While a specific figure for these India-linked accounts is not known, the total holding in all such dormant accounts is estimated at about Swiss Francs (CHF) 44 million (about Rs 300 crore).


PTI
New Delhi, July 15, 2018
The list of over 3,500 dormant accounts continues to have at least six withIndian links since December 2015, as no successful claimant has come forward for them. Recent data shows that Indians have about Rs 7,000 crore in Swiss banks.


BusinessToday.In
New Delhi, July 12, 2018
The decision has been taken to address the concerns arising out of the anonymity provided by payments through demand drafts and its possible misuse for money laundering. The new rule will be applicable from September 15.


Anand Adhikari
New Delhi, July 9, 2018
New RBI regulations have created a flutter in the P2P market.


PTI
New Delhi, July 8, 2018
Dues from big wilful defaulters of Punjab National Bank fell by 0.87 per cent to Rs 15,354.52 crore on June 30 compared to previous month, the bank data has showed. Such borrowers had an outstanding of Rs 15,490 crore at the end of May 2018.


PTI
New Delhi, June 29, 2018
Puri termed the ongoing troubles in the system as a period of transition, and that there is nothing to worry at the systemic level as most of the lenders are either well-capitalised or have the assurance of government support.


PAGES 1 OF 12  12345