bank of maharashtra

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    Reliance Communications Fraud Case - CBI Questions Former Managing Directors

    New Delhi, March 21 The CBI on Saturday questioned two former group managing directors of Reliance ADA Group in connection with an alleged bank fraud of Rs 2,929.05 crore involving Reliance Communications Ltd and Anil Ambani, officials said.In a separate case, the agency questioned Sanjay...
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    Reliance Group Under CBI Investigation Amid Fraud Allegations

    New Delhi, March 21 – The Central Bureau of Investigation (CBI) has intensified its investigation into major alleged bank fraud cases linked to the Reliance Anil Dhirubhai Ambani Group (ADA Group), summoning top executives for detailed questioning at its headquarters in New Delhi, a CBI...
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    Fraud Investigation: EOW Seizes Funds from Odisha Mineral Trust

    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...
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    Reliance Commercial Finance Fraud: CBI Examines Key Figure

    New Delhi, March 19 – The CBI questioned Amit Dangi, a top executive of Authum Investment & Infrastructure Ltd., on Thursday in connection with the Rs 57.47 crore bank fraud case involving Reliance Commercial Finance Ltd.Dangi is a full-time director at Authum Investment & Infrastructure Ltd...
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    Fake Scholarships, Money Mule Scam: Five Arrested

    Gadag (Karnataka), March 16 Five men were arrested for allegedly luring students with false promises of scholarship money and other incentives to open mule bank accounts in their names for illegal transactions, police said on Monday.The accused were identified as Vakdoth Vakeel (24), Raju...
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    Bank Fraud Case: ED Targets Properties Linked to BNR Infra

    Hyderabad, March 13 – The Enforcement Directorate (ED), Hyderabad Zonal Office, has provisionally attached two immovable properties worth approximately Rs 35.05 crore in a bank fraud case against BNR Infra and Leasing, Elite Infra Projects Pvt Ltd, and others.The properties, attached under the...
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    Reliance Finance Firms Linked to ₹16 Billion Fraud Case

    New Delhi, March 12 – The Enforcement Directorate said on Thursday that it has attached another group of properties, worth more than ₹581 crore, belonging to Reliance Home Finance Limited (RHFL) and Reliance Commercial Finance Limited (RCFL), both part of the Anil Ambani group.An order was...
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    Reliance Group Assets Linked to Financial Investigation

    New Delhi, March 12 The Enforcement Directorate said on Thursday that it has attached fresh assets worth more than ₹581 crore as part of its investigation against RHFL and RCFL, companies of Reliance Group Chairman Anil Ambani.A provisional order was issued under the Prevention of Money...
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    Bank Employees Among 208 Arrested in Cyber Crime Crackdown

    In Hyderabad, on March 10, two bank employees, software engineers, seven students, and 15 women were among the 208 accused arrested by the Telangana State Cyber Security Bureau (TGCSB) as part of a statewide operation against mule accounts that facilitate cyber fraud across India, a senior...
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    RBI Slaps Monetary Penalties on Maharashtra, CSB, and Other Banks

    Mumbai, February 13 The Reserve Bank of India (RBI) imposed monetary penalties on Bank of Maharashtra, DCB Bank, and CSB Bank on Friday for non-compliance with directions.The central bank imposed a fine of Rs 32.50 lakh on Bank of Maharashtra, Rs 29.60 lakh on DCB Bank, and Rs 63.60 lakh on...
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    DGP Sharma Directs Officers to Enhance Policing Effectiveness

    Jaipur, February 9 The Director General of Police of Rajasthan, Rajeev Kumar Sharma, on Monday directed officers to act with commitment on policing priorities and take strict action against organized crime.Sharma chaired a crime review meeting of the Ajmer police range in Bhilwara, where crime...
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    Man Shoots Himself Amid House Seizure for Loan Default

    Indore, February 9 A bank employee allegedly committed suicide in Indore, Madhya Pradesh on Monday, while his house was being seized by a bank as per court orders due to loan default, a police official said. Hemant Brahmavanshi (51), who worked at a cooperative bank in the city, committed...
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