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![]() â–¶ India closes bank branch at heart of fraud, shares slide 01:47Indian investigators have closed down a branch of a state-run bank that is at the heart of a $1.77 billion fraud and questioned more of its employees as they probed the biggest scam in the country's banking history. As Kate King reports it's left investors shaken, and wiped more than a quarter off... |
PNB Fraud: Officials of other banks under scannerAs investigations into the Rs 11,400 crore scam at PNB gathers momentum, officials at overseas branches of other banks, where the fraudulently issued Letter of...Deccan Herald - Front PageAlso reported by •IndiaTimes •Sify | |
State Bank of India to issue first electoral bonds from March 1The State Bank of India (SBI) has been authorised to issue and encash first electoral bonds from March 1 this year.Zee News - Business | |
Punjab National Bank fraud: Bank stocks continue to fall; many hit 52-week lowsAmong others, State Bank of India lost 5.57%, Corporation Bank 3.32% and AXIS Bank 1.71%Firstpost - Business | SBI has no direct exposure to jeweller Nirav Modi: ChairmanThe State Bank of India does not have any direct exposure to high profile fraud-accused jeweller Nirav Modi, but the public sector bank does have an "exposure"...Sify - Business |
Bank of India reveals full provision made for Rotomac NPA in FY16State-owned Bank of India today said it had sanctioned some loan to Rotomac group companies as a consortium lender and that had turned into a non-performing...DNA - Money | Rotomac owner next? 'Defaulted repayment of over Rs 800 crore'​​Vikram Kothari, who is the chairman & MD at Rotomac Global Private Limited, had taken loans of Rs 800 crore from Allahabad Bank, Bank of India, Bank of...IndiaTimes - India |
After Nirav Modi, Rotomac Pen's Rs 800-crore defaulter 'flees country'After billionaire diamantaire Nirav Modi, another defaulter Vikram Kothari, the promoter of Rotomac Pen, has also allegedly gone abroad after swindling Rs 800...IndiaTimes - Sports | RBI introduces Ombudsman Scheme for NBFCs[India], Feb 23 (ANI): As announced in its Monetary Policy Statement on February 7, India's central bank, Reserve Bank of India (RBI), on Friday launched the...Sify - Business |
![]() The New Indian Express SBI's UK operations will transform into a subsidiary named State Bank of India UK Limited from April 1, in complian… https://t.co/1b2SRvOvR9 6 minutes ago ![]() Londonwalla A thumping endorsement for London from @TheOfficialSBI "London is the best place for us to base our international b… https://t.co/HhDAbHtx2x 10 minutes ago ![]() CHERAKULA YUGESH RT @EconomicTimes: .@TheOfficialSBI set for #UK restructuring https://t.co/2aGavrocCq 37 minutes ago ![]() Zero-One Design SBI's UK Unit Set For Major Restructuring https://t.co/KxfpSVqN0I #Business #London #UK #GreaterProtection 37 minutes ago ![]() Pankaj Das @TheOfficialSBI set for #UK restructuring https://t.co/aLjH6SvRGe 47 minutes ago ![]() yashika RT @EconomicTimes: .@TheOfficialSBI set for #UK restructuring https://t.co/2aGavrocCq 1 hour ago |