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CBI books Maharashtra MLA Ratnakar Gutte, family for Rs 409-cr bank fraud

 The Central Bureau of Investigation has filed an FIR against Maharashtra MLA and sugar baron Ratnakar Gutte and Gangakhed Sugar and Energy Limited for an alleged bank fraud of Rs 409.26 crore,......

What Yogendra Yadav said about depositing old notes in banks goes viral

 Swaraj India chief Yogendra Yadav on Tuesday told a bank that he “believed” in the assurance made by Prime Minister Narendra Modi and the Reserve Bank of India that demonetised currency......

Bank of Baroda to UCO Bank: Loan growth of banks picks up pace in Q3

 Bank of Baroda, a state-owned bank, in its quarterly update on Friday said its domestic deposits grew 9.23 per cent year-on-year (Y-o-Y) in October-December (Q3FY25) at Rs 11.65 trillion, while......

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......

Public sector banks may take QIP route to meet shareholding norm

 Public-sector lenders Indian Overseas Bank (IOB) and Uco Bank are likely to raise funds through qualified institutional placement (QIP) next month. Illustration: Dominic Xavier/Rediff.com Punjab......

UCO Bank declares Yash Birla wilful defaulter

 State-owned lender UCO Bank has declared Yashovardhan Birla as wilful defaulter for non-payment of Rs 67.55 crore given to Birla Surya Ltd. The loan was given by UCO Bank as part of consortium......

'Focus Is To Maintain The Casa Ratio'

 'It has remained around 38 per cent over the past four to five quarters.' Photograph: Kind courtesy Facebook UCO Bank is planning to raise up to Rs 2,000 crore through qualified institutional......

CBI books 7 in connection with alleged fixing, betting in IPL 2019

 IMAGE: The CBI received information that "a network of individuals involved in cricket betting are influencing the outcome of Indian Premer League (IPL) matches based on inputs received from......

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