Central Bank of India (CBI): News

19 Jan 2024

Stock Market

Central Bank trades 3% higher as Q3 profit increases 57% 

Central Bank of India has reported a significant 56.7% increase in net profit for the October-December quarter of FY2023-24, reaching Rs. 717.9 crore compared to Rs. 458.22 crore during the same period last year.

14 Aug 2023

Go First

Go First seeks Rs. 100 crore emergency funding from lenders

Go First's resolution professional has requested Rs. 100 crore in emergency funding from its creditor banks to cover essential operational expenses.

22 Mar 2023

Manish Sisodia

Delhi liquorgate: Sisodia sent to judicial custody till April 5

The Rouse Avenue Court in Delhi sent Aam Aadmi Party (AAP) leader and former Delhi Deputy Chief Minister Manish Sisodia to judicial custody until April 5 in connection with the alleged money laundering case relating to the Excise Policy 2021-22.

IRCTC scam: ED conducts raids on several locations

The Enforcement Directorate (ED) reportedly raided several locations on Friday concerning the alleged Indian Railway Catering and Tourism Corporation (IRCTC) scam. Raids are also underway at Lalu Prasad Yadav's aide and Rashtriya Janata Dal (RJD) leader Syed Abu Dojana's Patna residence.

06 Mar 2023

Manish Sisodia

AAP leader Manish Sisodia to be produced in court today

Aam Aadmi Party (AAP) leader and former Delhi Deputy Chief Minister Manish Sisodia, who is in the Central Bureau of Investigation's (CBI) custody, will reportedly be produced in a local court on Monday.

22 Feb 2023

Aam Aadmi Party (AAP)

Manish Sisodia accused of 'spying'; Home Ministry gives prosecution sanction 

More trouble seems to be brewing for the Aam Aadmi Party (AAP) as the Union Ministry of Home Affairs (MHA) has approved prosecution sanction against the party leader and Delhi Deputy CM Manish Sisodia under the Prevention of Corruption Act in the 2015 Feedback Unit (FBU) snooping case.

20 Feb 2023

Manish Sisodia

Delhi liquor scam case: Sisodia summoned by CBI on Sunday

Delhi Deputy Chief Minister and Aam Aadmi Party (AAP) leader Manish Sisodia has been summoned to appear for questioning before the Central Bureau of Investigation (CBI) on Sunday in the alleged Delhi liquor policy scam case.

Delhi liquor policy scam: YSRCP MP's son arrested by ED

The Enforcement Directorate (ED) arrested Yuvajana Sramika Rythu Congress Party (YSRCP) MP Magunta Srinivasalu Reddy's son, Magunta Raghava, on Friday in connection to the Delhi liquor policy scam case.

20 Jan 2023

Venugopal Dhoot

ICICI bank fraud case: Videocon's Venugopal Dhoot gets interim bail

Videocon Group chairperson Venugopal Dhoot was granted interim bail on Friday by the Bombay High Court, almost a month after the Central Bureau of Investigation (CBI) arrested him in the ICICI Bank-Videocon loan fraud case.

26 Dec 2022

Venugopal Dhoot

ICICI bank fraud case: CBI arrests Videocon Chairman Venugopal Dhoot

The Central Bureau of Investigation (CBI) on Monday arrested the chairperson of Videocon Group, Venugopal Dhoot, in the multicrore money laundering case involving the conglomerate and ICICI Bank, ANI reported.

17 Dec 2022

Bilkis Bano

Supreme Court dismisses Bilkis Bano's review plea against convicts' release

Supreme Court on Saturday dismissed Bilkis Bano's one of the petitions seeking review of the Supreme Court judgment that allowed the early release of 11 men, convicted for her gang rape and murder of her seven family members.

CJI gets 'irritated' with Bilkis Bano's lawyer repeatedly mentioning plea

The Supreme Court on Wednesday expressed displeasure to Bilkis Bano's counsel for requesting an urgent listing of her petition contesting the release of 11 men convicted of her gang rape and the murder of her family members.

CBI to take over Sonali Phogat murder case: Details here

The Central Bureau of Investigation (CBI) is likely to soon launch an investigation into the mysterious death of Sonali Phogat in Goa.

CBI files Rs. 1,400cr fraud case against dairy firm Kwality

The Central Bureau of Investigation (CBI) on Monday has filed a case of fraud against Kwality Ltd., one of the country's most popular dairy product makers.

Exporters flee country after cheating 6 banks; SBI files complaint

Three promoters of a Delhi-based basmati rice export firm have fled the country with over Rs. 400 crore in unpaid bank loans, officials said on Saturday.

29 Aug 2019


Soon, RBI to introduce varnished Rs. 100 currency notes

In its annual report for FY 2018-19 released today, the Reserve Bank of India (RBI) announced that it is planning to introduce varnished currency notes of Rs. 100 denomination, on a field-trial basis.

19 Aug 2019

Madhya Pradesh

MP CM's nephew, Ratul Puri, booked in Rs. 354cr fraud

The Central Bureau of Investigation (CBI) has booked Madhya Pradesh Chief Minister Kamal Nath's nephew Ratul Puri for committing a Rs. 354 crore bank fraud, officials said yesterday.

16 Mar 2019


#FinancialBytes: 5 popular car loan options available in India

Having a car has become a necessity for many people nowadays. While many dream of owning a car, not everyone can afford to buy a car right away.

25 Feb 2019


#FinancialBytes: How to open a PPF account

Public Provident Fund, popularly known as the PPF scheme, is a long-term savings scheme, launched by the National Savings Institute, Government of India, in 1968.

15 Feb 2019


#FinancialBytes: 5 popular car loan options available in India

Having a car has become a necessity for many people nowadays. While many dream of owning a car, not everyone can afford to buy a car right away.

16 Oct 2018

Delhi Police

Delhi: This gang commits walk-in frauds using OTP; beware

The Delhi police have busted a member of a gang that walks in to banks and steals money from customers by impersonating account holders and committing OTP fraud.

14 Oct 2018


Delhi: Man arrested for Rs. 11.5L bank fraud in Dwarka

Koshi Kumar, a 30-year-old native of Chandole village in Jharkhand's Giridih district, has been arrested for allegedly impersonating an account holder of a Central Bank of India branch in Delhi's Dwarka and committing a fraud of Rs. 11.5L.

23 Jun 2018


Bank manager asks sexual favors from farm loan applicant; booked

A branch manager of Central Bank of India in Maharashtra's Buldhana district has been booked for allegedly demanding sexual favors from a farmer's wife seeking crop loan.

UCO Bank fraud: Ex-CEO booked for defrauding Rs. 621cr

The CBI has booked the former Chairman-cum-Managing Director of UCO Bank, Arun Kaul, along with others, in connection with a Rs. 621cr loan fraud.

Finance ministry to RBI, extend deadline for Basel III norms

Although RBI had extended the deadline for implementation of Basel III banking norms from March 2018 to March 2019, the finance ministry has now asked for another extension citing, banks at present have a higher capital requirement to handle NPAs.

23 Sep 2016


PSU Banks: Bad times over yet?

Moody's, one of the top ratings agencies, said that the outlook for Indian banks project that it is set to improve and stabilize over the coming years.