Articles about Central Bank of India (CBI)

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.

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.

On Thursday, the Enforcement Directorate filed a charge-sheet against Ratul Puri, the nephew of Madhya Pradesh Chief Minister Kamal Nath, in a money laundering case.

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.

Ratul Puri, the nephew of Madhya Pradesh Chief Minister Kamal Nath, has been arrested by the Enforcement Directorate in connection with a Rs. 354 crore bank fraud case, despite multiple attempts to evade arrest.

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.

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.

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.

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.

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.

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.

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.

Nowadays, having a car has become a necessity rather than a luxury. However, someone who has just started his professional career may not be able to afford a car.

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.

An analysis of data compiled by the Reserve Bank of India (RBI) has revealed that on an average, at least one in India is caught and punished for fraud every four hours.

In a bid to maintain transparency, the Ministry of Home Affairs has directed NGOs, businesses etc that receive foreign funding to open bank accounts within a month.

Despite cyclone Ockhi closing in, PM Narendra Modi continued with his punishing schedule of addressing rallies, ahead of the Gujarat polls.

Hours after reports emerged that IRCTC had barred certain banks' debit cards on its platform, the organization has refuted all such reports.

It was reported yesterday that IRCTC has disallowed many banks from using its payment gateway for debit cards.

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.

According to the latest reports, Bahubali 2, which was made on a budget of Rs. 250 crore, has managed to garner Rs. 1,565 crore till date and is still going strong.

Shraddha Mohan Mengshette (Maharashtra) won Rs. 1cr in the Lucky Grahak Yojana scheme; an EMI of Rs. 1,590 paid through RuPay card was the winning transaction.

Six winners were selected by lottery under the government's digital payments promotion scheme.

Government of India is set to wrap up its 100-day long Digi-Dhan Mela, launched after demonetization to encourage digital payments.

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.