Articles for Rs Bank

Actor Sunny Leone listed as 'Mahtari Vandan' scheme beneficiary in Chhattisgarh
3 days, 9 hours ago

Actor Sunny Leone listed as 'Mahtari Vandan' scheme beneficiary in Chhattisgarh

New Indian Express  

Sunny Leone, a model and former porn actress, is among the eligible beneficiaries of the Chhattisgarh government’s ambitious scheme ‘Mahtari Vandan Yojana’, which is aimed to boost women empowerment. In the name of Sunny Leone, the swindler Virendra Kumar Joshi managed to create an online bank account in Bastar and received Rs 1000 every month since the scheme was launched …

Joshi Fir Sunny Leone Mahtari Mahtari Vandan
Insured Cannot Assume Obligation On Part Of Bank To Renew Policy: NCDRC
5 days ago

Insured Cannot Assume Obligation On Part Of Bank To Renew Policy: NCDRC

Live Law  

The National Consumer Disputes Redressal Commission, presided by AVM J. Rajendra overruled the State Commission's order against SBI and held that the insured cannot assume obligation on the bank's part to renew the policy unless agreed otherwise. The loan terms required the stock, machinery, and furniture to be insured with United India Insurance/insurer, with premiums deducted from the complainant's account. …

Insurance Bank State Commission Complainant Renew Insurer Policy
ED arrests industrialist Sanjay Sureka in Rs 6,000 crore bank fraud case
1 week ago

ED arrests industrialist Sanjay Sureka in Rs 6,000 crore bank fraud case

India Today  

Industrialist Sanjay Sureka, owner of Concast Steel and Power Limited, was arrested by the Enforcement Directorate on Tuesday following extensive raids in Kolkata. The central agency conducted searches at 10 locations linked to Sureka, including his residence in Ballygunge, where jewellery worth Rs 4.5 crore and several foreign-made luxury cars were seized. According to sources, the arrest is part of …

Case Industrialist Sanjay Sureka
Gujarat police bust cyber fraud network, arrest eight as Rs 50 crore routed through 42 bank accounts
1 week, 2 days ago

Gujarat police bust cyber fraud network, arrest eight as Rs 50 crore routed through 42 bank accounts

India TV News  

The Gujarat police have succeeded in exposing an elaborate so-called underground network that had run several accounts for parking cyber fraud money and arrested eight individuals. The inspection of 42 out of approximately 200 suspect bank accounts revealed an astonishing amount, which is around Rs 50 crore deposited from cyber scam victims. The admission of the principal accused in Ahmedabad …

Fraud Money Cyber Fraud Cyber Accounts Junagadh
Bank's Role As Intermediary Does Not Create Privity Of Contract With Insured: NCDRC Holds Insurance Company Liable
1 week, 4 days ago

Bank's Role As Intermediary Does Not Create Privity Of Contract With Insured: NCDRC Holds Insurance Company Liable

Live Law  

The National Consumer Disputes Redressal Commission, presided by Mr. Subhash Chandra and AVM J. Rajendra, in a petition by Sarva Haryana Gramin Bank held that a bank's role as an intermediary does not create a privity of contract with the insurer. Brief Facts of the Case Under the Prime Minister Fasal Bima Yojna, Sarva Haryana Gramin Bank was responsible for …

Insurance National Bank Company Crop Premium Commission
Stocks to watch today: Banking sector shares in focus, Ola Electric, Nykaa
2 weeks, 5 days ago

Stocks to watch today: Banking sector shares in focus, Ola Electric, Nykaa

India Today  

As the Reserve Bank of India's Monetary Policy Committee gears up for key announcements today, market activity is expected to remain high. In today’s session, shares of Mishtann Foods, Canara Bank, Nykaa, Ola Electric, Dr Reddy’s Laboratories, Aditya Birla Fashion and Retail, and others are expected to see movement. BANKING STOCKS Banking and financial sector shares are likely to dominate …

Bank Stock Ola Electric Canara Bank Nykaa Watch Today Mishtann Foods
Delhi police crackdown on cyber fraud racket
3 weeks ago

Delhi police crackdown on cyber fraud racket

New Indian Express  

NEW DELHI: Delhi Police has dismantled a major racket of cybercriminals who defrauded people to the tune of nearly Rs 20 crore by creating fake identity documents of non-existent individuals, established shell companies, opened current bank accounts, and rented out these accounts for fraudulent purposes. This syndicate had been providing access to multiple current bank accounts to unknown cyber fraudsters …

Delhi Pan
State-run banks to raise nearly Rs 55,000 crore in bond sales for core capital boost
3 weeks ago

State-run banks to raise nearly Rs 55,000 crore in bond sales for core capital boost

New Indian Express  

MUMBAI: Public sector banks have chalked out major debt-fund raising plans to the tune of Rs 54,800 crore by selling additional tier-1 and tier-2 bonds in the remainder of the current financial year to shore up their regulatory capital or core capital. So far in FY25, only State Bank of India and Canara Bank have issued AT-1 bonds, raising Rs …

India Bank Capital Bond Crore Bonds Sbi
PSU Bank Index Sees Big Drop
1 month ago

PSU Bank Index Sees Big Drop

Deccan Chronicle  

MUMBAI: Several bank stocks came under pressure amid a broad market sell-off on Thursday pressured by bribery charges against industrialist Gautam Adani and other group executives by the United States Securities and Exchange Commission. Public sector bank stocks saw significant declines with some falling up to 7 per cent. The Nifty PSU index dropped nearly 5 per cent, weighed down …

Bank Cent
Rs 100-crore online trading scam on WhatsApp busted, Chinese man arrested
1 month ago

Rs 100-crore online trading scam on WhatsApp busted, Chinese man arrested

India Today  

A Chinese national, identified as Fang Chenjin, has been arrested by Shahdara Cyber Police in connection with a Rs 43.5 lakh cyber fraud case. According to the police, Chenjin was involved in online stock trading scams operated through WhatsApp groups. A complaint filed by Suresh Kolichiyil Achuthan in July alleged that he was tricked into investing Rs 43.5 lakh in …

Whatsapp Chenjin
Bengal 'tab scam': 1,900 students defrauded, 93 complaints filed as probe widens
1 month, 1 week ago

Bengal 'tab scam': 1,900 students defrauded, 93 complaints filed as probe widens

India Today  

A cyber scam targeting West Bengal's 'Taruner Swapno' scheme, which provides Rs 10,000 to Class 10 and 12 students for purchasing tablets, has affected 1,911 students out of 16 lakh beneficiaries. South Bengal Additional Director General Supratim Sarkar said the investigation has revealed the involvement of cybercriminal gangs operating across multiple states, including Maharashtra, Rajasthan, and Jharkhand. The money directly …

Students
Maharashtra polls: ED conducts raids at 23 locations after illegal transactions worth Rs 125 crores unearthed from Malegaon bank
1 month, 1 week ago

Maharashtra polls: ED conducts raids at 23 locations after illegal transactions worth Rs 125 crores unearthed from Malegaon bank

Op India  

On Thursday, 14th November, the Enforcement Directorate conducted raids at 23 locations throughout poll-bound Maharashtra and adjacent Gujarat as part of a probe into a money laundering case involving a Malegaon-based businessman. This comes a week after the Malegaon police charged a ‘businessman’ identified as Siraj Ahmed Harun Meman with misusing 12 people’s bank accounts and conducting transactions worth Rs …

Elections Maharashtra Bank Muslims Vote Bjp Muslim
World Bank to fund Rs 4 crore project for rescue of turtles in Karwar
2 months, 2 weeks ago

World Bank to fund Rs 4 crore project for rescue of turtles in Karwar

New Indian Express  

KARWAR : The Karwar division, which is the first in the state to start coastal and marine ecosystem cells to ensure protection of marine species, has now proposed to start a rescue and rehabilitation centre for olive ridley sea turtles and also tap tourism potential through this. So far, the Forest Department would rescue the olive ridley sea turtles caught …

Near Karwar Centre Near Marine Turtles Centre Near Karwar
RBI imposes monetary penalty on Axis Bank and HDFC Bank—here’s why
3 months, 2 weeks ago

RBI imposes monetary penalty on Axis Bank and HDFC Bank—here’s why

New Indian Express  

The Reserve Bank of India has imposed a Rs 2.91 crore penalty on Axis Bank and HDFC Bank for failing to comply with regulatory standards. Meanwhile, HDFC Bank has been fined Rs 1 crore for non-compliance with directions related to interest rates, customer service practices, and the use of recovery agents. The RBI’s supervisory evaluation of Axis Bank, assessing its …

Bank Rbi Hdfc Bank Hdfc Axis Monetary Penalty Imposes Monetary
Cheaper World Bank Loan for Musi Plan
4 months, 2 weeks ago

Cheaper World Bank Loan for Musi Plan

Deccan Chronicle  

Hyderabad: The Telangana government is intensifying its efforts to secure a Rs 4,000-crore loan from the World Bank for the Musi riverfront development project. Official sources in the finance department noted that the interest rates charged by the World Bank are comparatively lower than those of commercial banks. As part of his itinerary, he will meet World Bank president Ajay …

World Bank Loan World Bank Telangana Crore Commercial Banks
Fresh blow to Vijay Mallya: SEBI bars fugitive liquor baron from securities trading for 3 years
4 months, 4 weeks ago

Fresh blow to Vijay Mallya: SEBI bars fugitive liquor baron from securities trading for 3 years

India TV News  

The Securities Exchange Board of India on Friday barred Vijay Mallya from trading in India's securities market for three years. Mallya, who owns an 8.1% stake in United Breweries and a 0.01% stake in United Spirits, faces a Rs 9,000 crore bank loan default case involving Kingfisher Airlines. Non-bailable warrant issued On July 1, a special CBI court in Mumbai …

India Mallya Vijay Mallya
HDFC Bank logs 35% increase in net profit
5 months ago

HDFC Bank logs 35% increase in net profit

New Indian Express  

NEW DELHI: Returning to its once famed over 30% net income for as many as 34 quarters on the trot which ended with the pandemic era, the second-largest lender logged in a robust 35.33% jump in net profit at Rs 16,174.75 crore for the June quarter even though the numbers are not comparable since the merger with its parent took …

Crore Quarter Net Npas
Rs 80 Lakh Saved, Fraudsters Foiled; How Lawyer's Suspicion Busted Big Financial Scam In Mumbai
8 months, 3 weeks ago

Rs 80 Lakh Saved, Fraudsters Foiled; How Lawyer's Suspicion Busted Big Financial Scam In Mumbai

News 18  

Fraudsters, pretending to be from a renowned logistics company and law enforcement, attempted to swindle a Mumbai-based female lawyer out of Rs 80 lakh. According to the police, the fraudsters contacted the 30-year-old lawyer on Monday, informing her that the package she attempted to send to Iran contained synthetic drug LSD, news agency PTI reported. “In order to get out …

Customs Pti Pan Saved Fraudsters Saved Fraudsters Foiled Fraudsters Foiled Rs 80
Transactions worth Rs 46 crore occur from youth's bank account in MP's Gwalior
8 months, 3 weeks ago

Transactions worth Rs 46 crore occur from youth's bank account in MP's Gwalior

India TV News  

A youth, who is a college student, has filed a complaint with the police in Madhya Pradesh's Gwalior district after transactions of Rs 46 crores occurred from his bank account, a police official said on Friday. The youth, identified as Pramod Kumar Dandotiya, a resident of Gwalior, came to know about the matter when he received a notice from the …

Income Tax Gwalior Pan Transactions Rs 46 Crore
Bank to auction Ganta’s properties on April 16
9 months ago

Bank to auction Ganta’s properties on April 16

Deccan Chronicle  

Visakhapatnam: The Indian Bank has issued auction notice to former minister and senior TD leader Ganta Srinivasa Rao and his relatives after seizure of properties for defaulting a loan of Rs 390.7 crore obtained in the name of Pratyusha Resources and Infra Pvt Ltd in Visakhapatnam. The bank issued an auction notice for the sale of immovable assets under the …

Bank Auction Srinivasa Rao Pratyusha Resources
Cuttack District Commission Holds Myntra Liable For Failure To Refund Excess Amount Deducted Due To Technical Glitch
10 months ago

Cuttack District Commission Holds Myntra Liable For Failure To Refund Excess Amount Deducted Due To Technical Glitch

Live Law  

The District Consumer Disputes Redressal Commission, Cuttack bench comprising Debasish Nayak and Sibananda Mohanty held Myntra liable for deficiency in services for failure to refund excess amount deducted during a single online transaction. The Complainant promptly communicated the same with Myntra and Axis Bank via email, seeking a refund for the excess amount deducted during a single online transaction. Feeling …

Bank Commission Complainant District Myntra District Commission Excess Amount
Failure To Pay Minimum Surrender Value, Delhi District Consumer Commission Directs Star Union Dai-ichi Life Insurance Co. Liable
11 months, 1 week ago

Failure To Pay Minimum Surrender Value, Delhi District Consumer Commission Directs Star Union Dai-ichi Life Insurance Co. Liable

Live Law  

The District Consumer Disputes Redressal Commission-I, Chandigarh bench comprising Pawanjit Singh and Surjeet Singh held Star Union Dai-ichi Life Insurance Company Limited liable for deficiency in services for failure to pay minimum surrender value of the Insurance Company. Based on this representation, the Complainant purchased the policy of Star Union Dai-ichi Life Insurance Company Limited by paying Rs. Based on …

Policy Insurance Life Bank Pay Union Company
Paytm Payments Bank ‘at farms length’ from One97, don’t need incremental customers for credit business growth: Vijay Shekhar Sharma
1 year, 2 months ago

Paytm Payments Bank ‘at farms length’ from One97, don’t need incremental customers for credit business growth: Vijay Shekhar Sharma

The Hindu  

Paytm Payments Bank Ltd and One97 Communications Ltd are two different companies which operate not just at arm's length but "at farms" length, a top official of Paytm said on Saturday. In response to a question on the impact of the RBI banning Paytm Payment Bank Ltd from onboarding new customers, Paytm founder and CEO Vijay Shekhar Sharma during the …

Bank Crore Sharma New Customers Paytm Payments Bank Paytm Payments Ppbl Rbi
Oppo Find N3 Flip available for purchase starting October 22: Price, offers, and where to buy
1 year, 2 months ago

Oppo Find N3 Flip available for purchase starting October 22: Price, offers, and where to buy

India TV News  

Oppo recently unveiled its latest smartphone, the Find N3 Flip, in India with a starting price of Rs 94,999. Sale Date The Oppo Find N3 Flip will be available for purchase from October 22, starting at 6 PM. Specifications The Oppo Find N3 Flip boasts a 3.26-inch vertical cover screen that supports over 40 third-party apps, including popular ones like …

Sony Oppo N3 Flip Flip Available