Rs 9 Crore Penalty on Bank of Baroda Under Anti Money Laundering
The Financial Intelligence Unit (FIU) has slapped Rs 9 crore penalty on Bank of Baroda for not adhering the anti-money laundering norms in the old
RBI Holds Rs 2.2 Crore Bonus of ICICI Bank’s Chief Chanda Kochhar
Reserve Bank of India (RBI) has held the bonuses to the heads of top private banks i.e. Axis Bank, HDFC Bank & ICICI Bank on the
Private Bankers Can be Charged Under Anti-Corruption Law
The Supreme court held that top officers of private banks could be treated on par with public servants under the Prevention of Corruption Act, 1988.
Reliance Jio Payment Bank Started Operations
Jio Payment Banks begin operations in India – The Reserve Bank of India (RBI) has informed that the Jio Payments Bank has commenced its banking
CBI Charges Former Canara Bank MD & CEO
The Central Bureau of Investigation (CBI) filed charges against former chairman and managing director R K Dubey over allegations of providing about Rs 68 crore
CGTMSE To Cover Retail Trades & Collateral Loans also
CGTMSE Coverage extended to Retail Trade & Collateral Loans also – Now Retail Trades & partial collateral loans may be covered under Credit Guarantee Scheme of
Rs 20 Lakh Gratuity Payment Bill Passed in Lok Sabha
The Payment of Gratuity Amendment Bill and The Specific Relief Amendment Bill passes in Lok Sabha under chaos. The Gratuity bill be now placed in
RBI Governor Pitches for Public Sector Bank’s Privatization
Post PNB Fraud, a lot of fuss for privatizing PSB’s by many industrialists, CEO’s of various companies, bureaucrats; it times for RBI governor to veil
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