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Canara Bank withdraws ‘Fraud’ tag on Reliance Communications 2025-07-12 10:20:40
Canara Bank told the Bombay High Court on Thursday that it decided to reverse its prior choice to call Anil Ambani’s struggling phone company, Reliance Communications, ‘fraudulent.’ The bank had called Ambani’s RCom and its branch fraudulent for supposedly misusing...
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Read MoreFinance Minister Nirmala Sitharaman Announces Mega Bank Reforms 2019-08-30 12:35:05
Finance Minister of India Nirmala Sitharaman on Friday has announced the merging of several public sector banks (PSBs) in India.Punjab National Bank (PNB) being the anchor back, Oriental Bank of Commerce, United Bank of India have been merged to create...
Keywords: Finance Minister Nirmala Sitharaman, bank merging in India, bank merging in India, bank merging in India
Read MoreHow Latest Merge of Major State-Run Banks Will Effect Customers? 2019-08-31 09:21:09
Finance Minister of India Nirmala Sitharaman on Friday announced the merge of 10 Public Sector Banks (PSBs) into 4 to create a robust banking system with global reach. Indian Bank will be merged with Allahabad Bank (anchor bank - Indian...
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Read MoreAnil Ambani's 3,000-Crore Fraud Case Updates 2025-08-05 15:25:47
Reliance Group’s Chairman Anil Ambani was questioned by the Enforcement Directorate on Tuesday morning regarding allegations of money laundering associated with supposed bank loan fraud amounting to Rs 17,000 crore. The investigation team approached Mr Ambani after spending three days...
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Read MoreRs 253 Cr Assets of Nirav Modi Seized in Hong Kong 2022-07-23 07:24:01
Indian Diamond jeweler and businessman Nirav Modi fled from the country after he owes massive money for the Indian banks. The Enforcement Directorate yesterday revealed that Rs 253.62 crore worth assets of Nirav Modi are seized in jewelry, bank deposits...
Keywords: Nirav Modi in Hong Kong, Nirav Modi extradition, Nirav Modi assets, Nirav Modi breaking updates
Read MoreHow Vardhman Chairman SP Oswal was Duped? 2024-10-01 10:52:45
A criminal impersonating the Chief Justice of India DY Chandrachud, a fake online courtroom, and documents resembling official ones were part of the elaborate scheme that led SP Oswal, the head of the Vardhman Group, to be scammed out of...
Keywords: SP Oswal arrest, SP Oswal arrest, SP Oswal updates, SP Oswal breaking
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