Finance

Unpublished RBI Data Shows Fraud Problems Extend Far Beyond PNB

State-run banks reported 8,670 loan fraud cases worth $9.58 billion over last five fiscal years Read more

CBI Files Fresh FIR Against Gitanjali Gems, Choksi

Says alleged loss to PNB is over Rs 4,880 crore Read more

You May Notice A Bigger Net Paycheck In 2018

If you are like me, you probably wish you had just a little bit more in each paycheck. You tell yourself, if I only had ... Read more

PNB Fraud Case: ED Issues Summons To Nirav Modi, Choksi Under PMLA

Both have been asked to depose within a week’s time Read more

Indias PNB Identifies $1.7bn Worth Fraudulent Transactions

India-based Punjab National Bank (PNB) said it has identified deceitful transactions valued around $1.7bn at a single Mu... Read more

CBI Approaches Interpol To Locate Nirav Modi

The CBI has approached the Interpol to locate billionaire jewellery designer Nirav Modi and his family who had left th... Read more

HSBC, T-Hub To Work With Fintech Start-ups

Multinational bank HSBC, along with the Hyderabad-based incubator T-Hub, plans to work with fintech companies to devel... Read more

Haruhiko Kuroda Reappointed As Bank Of Japan Chief

Veteran central banker Masayoshi Amamiya gets other deputy post Read more

Citi Ventures, PNC Invest In HighRadius To Modernize B2B Payments

Citi Ventures and PNC have invested in HighRadius, a Fintech enterprise Software-as-a-Service (SaaS) company. Read more

Butterfield To Buy Deutsche Bank's Cayman Islands And Channel Islands Banking And Custody Business

The Bank of N.T. Butterfield & Son has agreed to acquire Deutsche Bank’s banking and custody business in the Cayma... Read more

ED Seizes ₹5,100 Crore Of Nirav Modi Assets

Searches on premises across India; PNB seeks ‘concrete repayment plan’ from the accused Read more

PNB Scam: Internal Controls Seem To Have Collapsed, Says Depositors Body

PNB board cannot absolve itself saying it was kept in the dark Read more

RBI May Impose Penalty

The central bank is likely to ask Punjab National Bank (PNB) to make good the ₹11,300 crore that other banks in Hong ... Read more

Axis Bank Says It Sold PNB Exposure In Hong Kong

Axis Bank on Thursday said it ‘sold down all the buyers’ credit transactions’ undertaken by its Hong Kong branch ... Read more

Opposition Targets PM

Asks how Nirav Modi escaped from the country despite whistleblowers approaching the PMO in 2017 Read more