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Minister Issued Letter To Stop Salary Increment of Bank Official With Not Enough Mudra Loan

by Askbanking June 7, 2018June 23, 2018 Banking NewsLeave a comment

Recent Media reports stated that Union Minister of State for Home, Hansraj Ahir had issued a letter to Ashutosh Salil, DM of Chandrapur district in Maharashtra asking him to stop annual salary increment of those branch managers who have not completed their target to sanction the MUDRA loans. This letter was issued on June 6 […]

Banking News

Another MUDRA Loan Fraud Reported By PNB To CBI

by Askbanking February 24, 2018April 3, 2018 Banking News1 Comment

Post Nirav Modi fraudlent transactions, Punjab National Bank (PNB) has reported another fraud to CBI and this time it’s related to Prime Minister flagship loan program MUDRA Yojana. The volume of loan fraudlent transaction is limited to only 62 lacs in 26 Mudra loan accounts. One of the PNB branch in Barmer distraic of Rajasthan […]