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Maharashtra cabinet nod for OPS to state employees

The Maharashtra cabinet on Thursday cleared a proposal that offers an option of availing the Old Pension Scheme (OPS) to the state government employees who joined the service after November 2005.......

ED raids 26 locations in ABG Shipyard bank fraud case

The Enforcement Directorate on Tuesday raided multiple premises in Mumbai, Pune and Surat in connection with a money laundering probe against ABG Shipyard Ltd in an alleged Rs 22,842 crore bank......

Cong questions delay in FIR against ABG Shipyard in duping 28 banks

The Congress on Sunday accused those sitting in the highest echelons of power in the Narendra Modi government of complicity, collusion and connivance in what it described as "India's biggest bank......

Mahatma Gandhi's great-grandaughter jailed for 7 years in a fraud case

Ashish Lata Ramgobin, the 56-year-old great-granddaughter of Mahatma Gandhi in South Africa, has been sentenced to seven years in jail by a Durban court in a six-million rand ($442,000) fraud and......

PSBs clocked 11% growth in H1FY25

The Union Finance Ministry on Tuesday said that aggregate business of public sector banks (PSBs) has shown strong growth of 11 per cent in the first half of the financial year 2024-25 (H1FY25) to......

Asset quality risk, a worry for IndusInd

A Rs 525-crore contingency provision during the July-September period led to a 19 per cent fall in IndusInd Bank’s share price on Friday (October 25). Photograph: Anushree Fadnavis/Reuters......

Centre doubles Mudra loan ceiling to Rs 20 lakh under new category

The government on Friday doubled the limit of Mudra loan amount under the Pradhan Mantri Mudra Yojana (PMMY) to Rs 20 lakh from Rs 10 lakh under a new ‘Tarun Plus’ category to promote......

RBI directs gold loan providers to review policies and practices

The Reserve Bank of India (RBI) on Monday directed banks and non-banking financial companies (NBFCs) offering gold loans to thoroughly review their policies, processes, and practices to identify......

SBI's Q1 net profit almost flat at Rs 17,035 crore

State Bank of India (SBI) on Saturday reported an almost flat standalone net profit at Rs 17,035 crore for the first quarter of the current financial year. Photograph: Sudipta Banerjee/ANI Photo......

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The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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