central bank of india

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    Central Bank Challenges Income Tax Demand Notice

    New Delhi, March 31 The state-owned Central Bank of India announced on Tuesday that it has received a demand notice of ₹296.08 crore from the Income Tax Department for a shortfall in tax payments for the fiscal year 2025."The bank has received an assessment order under Section 143(3) read with...
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    Fraud Case Results in Prison Sentences for Former Bank Official

    Mumbai, March 24 A special CBI court here on Tuesday convicted a retired bank manager and nine others in a 2004 loan fraud case, and sentenced them to prison terms ranging from one year to five years.The masterminds of the crime, brothers Kashinath Jadhav and Ganesh Pandurang Jadhav, were...
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    Axis Bank Ordered to Compensate Customer After 8-Year ATM Failure

    Mumbai, March 15 A consumer commission in Nagpur, Maharashtra, has criticized Axis Bank for "deficiency in service", directing it to provide a refund and pay Rs 10,000 as compensation to a customer who lost Rs 5,000 in a failed ATM transaction eight years ago.The District Consumer Disputes...
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    Jharkhand's Jal Jeevan Mission: Centre's Funds Delayed

    Ranchi, March 14 Jharkhand Water Resources Department Minister Yogendra Prasad on Saturday alleged that the Centre was delaying the release of its share of funds for the completion of water supply schemes under the Jal Jeevan Mission in the state.He defended the demand for grants for his...
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    Bank Fraud Case: Individuals and Companies Receive Jail Sentences

    Lucknow, March 10 – A Special CBI Court in Lucknow on Tuesday sentenced four individuals to eight years of Rigorous Imprisonment (RI) for a ₹6.75 crore bank fraud in Uttar Pradesh, along with a fine of ₹70 lakh each, according to an official.The Special Court convicted Ramji Mishra, Shyamji...
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