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Allahabad Bank And Indian Overseas Bank

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CBI books billionaire Nirav Modi in Rs 280 cr cheating case

The Central Bureau of Investigation has booked diamond merchant Nirav Modi, his brother, wife and a business partner for allegedly cheating the Punjab National Bank of over Rs 280.70 crore in......

Who is this 'Yashpal Kapoor' on the Swiss bank accounts list?

Is this 'Yashpal Kapoor' the late Congress leader, one of Indira Gandhi's closest aides in the 1970s? Sheela Bhatt/ Rediff.com reports. Rediff.com had reported on Sunday, October 26, 2014, that the......

IBPS CWE PO III: Want to work for India's public sector banks?

With almost 25,000 seats up for the taking the Common Written Exam for Probationary Officers is a golden opportunity for candidates aspiring for jobs in India’s public sector banks. The......

SBI, 25 other major Indian banks figure in suspicious transactions list

Banks say they themselves red-flagged the transactions to RBI. It must be noted that these transactions are not outright evidence of fraud or proof of nefarious activities. Illustration: Uttam......

Govt seeks to infuse Rs 20,000 cr in public sector banks

This is part of the first batch of Supplementary Demands for Grants for 2020-21 moved by Finance Minister Nirmala Sitharaman in the Lok Sabha. Illustration: Dominic Xavier/Rediff.com The......

Public sector banks are not out of the woods yet

'The snakes and ladders game will continue till the consolidation process is complete simply because we don't know how bad the scene is with some of the banks being merged,' says Tamal......

Will 2020 bring cheer to Indian banking sector?

Amid slowdown blues, the government has unveiled a raft of measures over the past few months aimed at improving liquidity in the system, moderating interest rates as well as credit growth apart......

CBI raids 169 sites nationwide in Rs 7k cr bank frauds

The Central Bureau of Investigation is conducting searches in 169 locations across the country in connection with 35 bank fraud cases registered by the agency involving funds of over Rs 7,000......

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