The Central Bureau of Investigation (CBI) has filed a case against five officials from a construction firm, accusing them of orchestrating a ₹12-crore fraud involving a nationalized bank. The investigation is ongoing.
In a bid to strengthen financial monitoring, state-run banks in India are tightening their scrutiny on loans above ₹250 crore. This new approach seeks to ensure greater transparency and mitigate risks in large-scale lending.
An 800-page chargesheet has been submitted against the ‘insurance mafia’ in a major crackdown on fraudulent insurance activities. The document uncovers deep-rooted scams and corruption within the industry.
Dr. Parshant Kumar Goyal has been appointed by the government as a nominee director on the board of LIC. This move adds administrative strength to the LIC board as it continues to navigate the dynamic insurance landscape.
PNB NEO Salary Account Scheme: Punjab National Bank has launched a new salary account scheme – NEO Salary Account. This account scheme is very beneficial for bank customers. You can check all details related to this scheme such as minimum balance requirement, debit card charges, insurance facility, etc..
The Central Bureau of Investigation (CBI) has approached the court seeking a non-bailable warrant against Mehul Choksi in connection with another bank fraud case. This move comes amid ongoing investigations into multiple financial scams involving the fugitive businessman.
In a major banking fraud case, five people from Assam have been arrested for allegedly duping HSBC Bank of ₹1.27 crore. Authorities are probing how the scam was carried out and whether more people were involved.
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For the third day, bank account holders in Junia village continued their protest against the transfer of their Bank of Baroda branch. The protestors, including local villagers, demanded that the bank remain open or that they be allowed to close their accounts. Police managed to intervene and open the bank, while the Circle Officer assured the protestors that their concerns would be addressed.
A major accident was averted in Pratapgarh when a Sheesham tree collapsed on a moving car during a storm. Bank manager Pooja Pandey, who was driving alone, survived the incident with no serious injuries. A red alert had been issued for storms and strong winds in the region.
A female teacher from Pansaay village in Munger, Bihar, has filed a complaint alleging misbehavior, harassment, and caste-based abuse by bank officials during a loan recovery attempt. The incident has sparked concern over the conduct of rural banking staff.
Actors Deepika Padukone and MS Dhoni recently invested in Gensol Engineering. While the news grabbed attention, social media users questioned the decision, calling it an example of weak due diligence.
A shocking case has emerged from Gurgaon’s Medanta Hospital where an air hostess, admitted and on a ventilator, was allegedly sexually assaulted. The victim was in no condition to speak or resist, raising concerns about patient protection and medical facility oversight.
Aegis Vopak Terminals Limited has secured regulatory approval from SEBI to proceed with its ₹3,500 crore initial public offering (IPO). The IPO is set to boost the company’s growth and market reach.