It has been over four months since the Central Vigilance Commission (CVC) has been awaiting sanction to prosecute nearly 100 central government employees, including Indian Administrative Service......
Dismissing Prime Minister Narendra Modi's statement that strict action would be taken in the Punjab National Bank fraud case, Congress President Rahul Gandhi on Saturday asked him to first explain......
The Enforcement Directorate on Friday froze fixed deposits worth more than Rs 34 crore of a media firm owned by jailed YSR Congress leader Jaganmohan Reddy in connection with the money laundering......
Even as Sakshi media group of Kadapa MP Y S Jaganmohan Reddy was trying to recover from the shock of freezing of five of its bank accounts with deposits of Rs 112 crore, it has suffered another......
Joint Statement: Towards India-Japan Strategic and Global Partnership 1.The Prime Minister of India, H E Dr Manmohan Singh, is currently paying an Official Visit to Japan from December 13 to 16,......
Since March 31, 2022, the PSBs' market cap has risen 43.7 per cent, from Rs. 7.29 trillion to Rs. 10.47 trillion.It's time for the government, the majority owner of public sector banks, to reap the......
The difference between what the banks play in the US and India is not that of soccer and football, but rugby and football.But when risks are mispriced, the fallout could be very similar, points out......
Its obsession for growth, chasing corporate clients and giving up its original mandate of meeting the needs of local trade and businesses. A quarter of its loan book has gone bad.That's an error of......
PNB has rich experience in the integration of commercial banks. The Reserve Bank of India (RBI) is learnt to have told state-owned Punjab National Bank to get ready to take over Lakshmi Vilas Bank......
'The RBI has not allowed any commercial bank to fail in the past three decades.''It has always played the role of a matchmaker, but this is the best deal it has stitched,' notes Tamal......