Union Bank of India: News
09 May 2020Central Bureau Of Investigation (CBI)
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.
30 Aug 2019Punjab National Bank
In a major move, the Indian government has announced the plan to merge public sector banks.
19 Jun 2018ICICI Bank
Apple often hosts its iPhone fest sales on online channels like Amazon and Flipkart. But, the tech giant hasn't been so regular with its offline channel sales.
02 May 2018Central Bureau Of Investigation (CBI)
Over 23,000 cases of fraud involving a whopping Rs. 1-lakh-crore have been reported in the past five years in various banks, according to the Reserve Bank of India (RBI).
19 Apr 2018India
Public sector banks, which are reeling under a huge burden of growing non-performing assets and being probed by central agencies, have emerged as the leading public authorities in terms of rejecting RTI pleas, an analysis by a voluntary group shows.
23 Mar 2018Central Bureau Of Investigation (CBI)
Yet another bank fraud has emerged, the third case to be reported in five days. The CBI has now registered a case against Hyderabad-based Totem Infrastructure Ltd for duping lenders of Rs. 1,394.43cr.
23 Feb 2018Central Bureau Of Investigation (CBI)
The CBI has arrested Rotomac Chairman Vikram Kothari and his son Rahul for siphoning off bank loans worth Rs. 3,695 cr.
19 Feb 2018India
Amid rumors that Vikram Kothari had fled the country after defaulting on loans worth Rs. 800cr, the Rotomac chairman has been arrested, reports say.
18 Feb 2018India
The Income Tax Department stated Indian banks could lose Rs. 17,632cr from loans and corporate guarantees provided to Punjab National Bank in the Rs. 11,400cr fraud.
17 Feb 2018India
The CBI has arrested Punjab National Bank's former Deputy Manager Gokulnath Shetty, Single Window Operator Manoj Kharat, and the authorized signatory of Nirav Modi Group of Firms Hemant Bhat in connection to the alleged Rs. 11,400cr banking fraud by Nirav Modi and Mehul Choksi.
30 Nov 2017India
Supreme Court has asked the BCCI and its treasurer Anirudh Chaudhry to respond to allegations of threat from the latter to board's CFO Santosh Rangnekar.
08 May 2017Narendra Modi
SBI has announced a 0.25% cut in interest rates for affordable home loans under Rs. 30 lakh.
09 Mar 2017Narendra Modi
There's been an increase in the digital transactions since Prime Minister Narendra Modi announced the demonetization of Rs. 500 and Rs. 1,000 notes last November.
21 Feb 2017iOS
Giving another thrust to the drive towards a digital-economy, the government has launched a QR code-based payment system called BharatQR code.
02 Feb 2017India
According to mobile e-wallet Paytm's founder Vijay Shekhar, budget measures will build a more inclusive economy and increase access to digital services.
01 Feb 2017India
Public Sector Undertaking (PSU) bank stocks shot up as Finance Minister Arun Jaitley announced allocation of Rs. 10,000 crore towards recapitalization of public sector banks in Budget 2017-18.
02 Jan 2017Narendra Modi
Following PM Narendra Modi's affordable housing announcement, home loan rates fell to their lowest in six years.