Lalithaa Jewellery heist: Film actress under scanner

A special team of police is conducting investigations into claims that the accused men in the Lalithaa Jewellery heist gave a part of robbed valuables to a film actress. Continue Reading

NT compiles a list of major financial crimes that shocked India

Ever since Punjab and Maharashtra Cooperative Bank (PMC Bank) crisis unfolded, citizens across India are worried by the mounting financial stumbles that have plagued our nation as our economy continues to stumble downward. In this article, News Today compiles a list of major white-collar crimes that rocked our country. Continue Reading

‘PNB, UBI & OBC merger to benefit stakeholders’: Official

Allaying apprehensions of stakeholders, United Bank of India MD and CEO Ashok Kumar Pradhan said there will be ‘no retrenchment’ of human resource of the three banks or no voluntary retirement scheme (VRS) will come in the process of merger of these state-run lenders. Continue Reading

Bank employees protest against government’s merger move

Members of the All India Bank Employees’ Association on Saturday staged a protest here against the Centre’s decision to merge 10 public sector banks into four entities. Employees of all public and private sector banks wore black badges to work as a mark of protest to the government’s decision. Continue Reading

RBI imposes Rs 1.75 crore fine on 4 banks for KYC non-compliance

The action, however, is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the banks with their customers, the RBI said. Continue Reading

Bring them back

In a welcome development, fugitive Indian diamantaire Nirav Modi has been arrested at last. He was detained in central London Tuesday evening and was produced in the Westminster magistrate’s court Wednesday, where the court refused him bail. Continue Reading