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CBI Charges Former Canara Bank MD & CEO

by Askbanking March 20, 2018April 3, 2018 Banking News, Canara BankLeave a comment

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 loan to Delhi-based jewellery company, Occasion Silver Pvt Ltd, which fell under Quick Mortality Assets and turn bad within a year of the bank giving it the loan. Charges were […]

Banking News

PNB Scam – How it Happened through Letters of Undertaking (LOU) ?

by Askbanking February 16, 2018March 11, 2018 Banking News4 Comments

11,500 Crore PNB Scams has hit the nation.Read – PNB Detected Rs 1.13 Lakh Crore Fraudulent Transactions ,How did this huge scam happened by single entity and regulator were not able to trace it for so long ? This scam is not just limited to Punjab National Bank rather other banks like Allahabad Bank, Axis Bank, […]