Hazaribag (Jharkhand), April 10 Two more people were arrested in the Hazaribag Superintendent of Police (SP) Office treasury scam, bringing the total number of arrests to five, and the amount embezzled has also increased to Rs 28 crore, an official said.Hazaribag Deputy Commissioner Shashi...
Giridih (Jharkhand), April 8 – The Pradhan Mantri Mudra Yojana (PMMY) is emerging as a strong support pillar for small entrepreneurs in the Giridih district of Jharkhand, enabling hundreds of people to start their own ventures and move towards financial independence.Under the scheme...
bankofindia
entrepreneurship
financial independence
giridih district
income generation
jharkhand
loan disbursement
micro enterprises
non-corporate businesses
non-farm enterprises
pmmy
pradhan mantri mudra yojana
prime minister employment generation programme (pmegp)
rural business
self-employment
small business loans
New Delhi, April 6 The National Company Law Appellate Tribunal has ordered the completion of the insolvency proceedings for Future Lifestyle Fashion within three months.While rejecting an appeal filed by an operational creditor, a two-member bench has asked the Resolution Professional and the...
bankofindiabankruptcy
central store
cirp
corporate debtor
flfl
future lifestyle fashion ltd
insolvency and bankruptcy code
insolvency proceedings
national company law appellate tribunal
nclat
nclt
property possession
resolution professional
retail operations
Mumbai, April 6 The Maharashtra State Consumer Disputes Redressal Commission has criticized Standard Chartered Bank for attempting to profit from its own "procedural negligence" while charging a customer interest on money that was never actually received.The SCDRC recently dismissed the bank's...
Bhopal, April 2 – A special CBI court in Bhopal has convicted two individuals, including a former bank official, and sentenced them to seven years of rigorous imprisonment each in connection with a bank fraud case involving 27 lakh rupees, officials said on Wednesday.The convicted individuals...
bank fraud
bankofindia
bhopal
central bureau of investigation (cbi)
court conviction
fine
imprisonment
krishna bai solanki
m/s ajab kumar industries
m/s vision computer
misrod branch
mohan singh solanki
piyush chaturvedi
sentence
term loan
Lucknow, April 1 – A special court of the Central Bureau of Investigation (CBI) in Lucknow has sentenced five accused, including a senior bank official, to three years in prison along with a total fine of Rs 3.4 lakh in a bank fraud case linked to Kanpur, officials said on Wednesday.The...
New Delhi, April 1 – The Central Bureau of Investigation registered a case against Reliance Communications Ltd (RCom), Anil Ambani, unknown public servants, and others on Wednesday, alleging that they caused wrongful loss of ₹3,750 crore to the Life Insurance Corporation (LIC) of India.The...
anil ambani
bankofindiabanking fraud
central bureau of investigation
conspiracy
corporate investigation
financial misconduct
forensic audit
fraud
india
life insurance corporation ofindia
non-convertible debentures
rcom
reliance communications
state bankofindia
Bhopal, March 27 – The Enforcement Directorate (ED), Bhopal Zonal Office, has provisionally attached immovable properties valued at approximately ₹12.62 crore under the Prevention of Money Laundering Act (PMLA), 2002.The action is linked to a bank fraud case involving M/s Excel Vehicles Pvt...
Bhubaneswar, March 19 – The Economic Offences Wing (EOW) of the Odisha Police has arrested a businessman for his alleged involvement in a multi-crore fraud case related to the embezzlement of funds from the District Mineral Foundation Trust (DMFT) in the Mayurbhanj district, a senior EOW...
Mumbai, March 18 A special CBI court here on Wednesday sentenced two individuals to five years in prison, and two others to three years, in a 2012 case where the Bank of India suffered a loss of over Rs 3 crore due to a forged Letter of Credit.Harit Mehta, the owner of Infinity Transmission, a...
abhay mehta
bankofindia
cbi (central bureau of investigation)
cheating
criminal conspiracy
financial fraud
forgery
harit mehta
ilesh shah
indian penal code
infinity transmission
jayant agro organic limited
letter of credit
manojkumar mathur
nariman point
New Delhi, March 13 State-owned MTNL has failed to deposit interest on sovereign guarantee bonds in the escrow account due on March 24 this year, the company said in a regulatory filing on Friday.According to the structured payment mechanism of the Tri-Partite Agreement (TPA) signed among...
Mumbai, March 9 The state consumer commission here has directed Bank of India to pay Rs 5 lakh as compensation to a senior citizen for "deficiency in service" related to unauthorized ATM transactions.In its recent order, the State Consumer Disputes Redressal Commission emphasized that for...
Pilibhit (UP), March 6 An attempt was made to obtain a bank loan worth crores of rupees using forged signatures of the Divisional Forest Officer of the Pilibhit Tiger Reserve and fake documents, officials said on Friday.DFO Manish Singh said a complaint has been sent to the Superintendent of...
Ahmedabad, March 6 The Enforcement Directorate (ED) has filed a prosecution complaint against city-based Anil Nutrients Ltd, its director Amol Shripal Sheth, and six others in connection with a money laundering case linked to an alleged fraud of Rs 47.88 crore involving Bank of India, officials...
Ahmedabad, March 6 – The Enforcement Directorate (ED) has filed a prosecution complaint against M/s Anil Nutrients Ltd, its director Amol Sheth, and six other accused persons in connection with an alleged money laundering case arising from a Rs 47.88 crore bank fraud involving Bank of India...
Godda (Jharkhand), March 2 – In a daring daylight bank robbery attempt, armed men stormed a branch of the Bank of India in the Mahagama area of Jharkhand's Godda district on Monday, but their plans were thwarted by timely action, officials said.The swift response of the bank staff and the...