Bank loan

Promoter of Gurugram-based Ambience group arrested for bank loan fraud: The Tribune India

Tribune press service New Delhi, July 29 The Directorate of Law Enforcement (ED) today arrested the promoter of the Gurugram-based Ambience group, Raj Singh Gehlot, under the provisions of the Prevention of Money Laundering Act (PMLA) in the part of a Rs 800 crore bank loan fraud, agency officials said. Rs800 crore siphoned off The […]

Bank loan

The owner of the Ambience shopping center arrested by ED in a case of fraud on a bank loan worth Rs 200 crore

The Enforcement Department arrested Raj Singh Gehlot, owner of the famous Ambience shopping center in Gurugram, in an alleged case of bank loan fraud amounting to Rs 200 crore. ED arrested Ambience mall owner Raj Singh Gehlot in an alleged bank loan fraud case. The Directorate of Enforcement (ED) on Thursday arrested Raj Singh Gehlot, […]

Bank service

ICICI Bank’s service fees will change from next week: 10 things to know

A private sector lender, ICICI Bank has issued an advisory on its revised limits for cash transactions, ATM interchange fees, and checkbook fees for domestic savings account holders. The bank has mentioned this information on its website. However, these services will be applicable from August 1, 2021. Here’s everything you need to know about the […]

Bank loan

Lough Erne Resort returns to action with crucial bank loan

The luxury venue, Lough Erne Resort, has said its wedding reservations are almost full for next year as it readjusts to business after the lockdown. The five-star site said its booking levels were “exceptionally strong” and that it was facing a record summer this year. It has secured government-backed funding through the Bank of Ireland […]

Bank loan

Waiting, peon among banking software administrators – The New Indian Express

Express news service THIRUVANANTHAPURAM: Major flaws in the banking software used by the Karuvannur Cooperative Services Bank came to the aid of the cartel of employees who had committed fraud on loans worth Rs 300 crore over the years. Investigators suspect that the software flaws and neglect in software security were willful acts by senior […]

Bank loan

Four detainees for having taken out a bank loan of Rs 20 lakh using false papers | Delhi News

NEW DELHI: A gang of four have been arrested for allegedly using a Rs 20 lakh car loan through a bank in the Vikaspuri area of ​​west Delhi using forged and forged documents, announced Thursday the police. Police identified the arrested gang members as Rajeev (32), Azhar Khan (32), Ravi Sharma (27) and Shakti Rawal […]

Bank insurance

Transport operators claim their own bank and insurance company | Stories of lead

Operators in the public transport sector are seeking to form a credit union and also to establish an insurance company that will directly meet the needs of members. These are among several suggestions that came out of a report submitted to the Ministry of Transportation and Mines at a transportation stakeholder conference hosted by the […]

Bank insurance

Mixed reaction to the central bank’s insurance proposal

The Central Bank’s proposal to ban home and auto insurance companies from imposing loyalty penalties on long-time customers met with a mixed response from parties lining up to have their say at the time. that the plan goes through a consultation process in the coming months. Sinn Féin finance spokesman Pearse Doherty TD, who filed […]

Bank loan

Karuvannur Bank Loan Scam | No place in the party if members of the bank committee are found guilty: Varghese du CPI (M)

It is alleged that CPI (M) was aware of the scam and appointed a commission of inquiry Party will not protect CPI (M) members in Karuvannur Services Cooperative Bank committee if found guilty of the loan scam, said CPI (M) district secretary MM Varghese . “There is no place for those who commit fraud in […]

Bank loan

Bandhan Bank loan portfolio, deposits plunge in June quarter

Bandhan Bank Limited, headquartered in Kolkata, said Thursday that its loans and deposits declined quarter-over-quarter (QoQ) in an update from the Securities and Exchange Board (SEBI). Bandhan Bank, in accordance with SEBI regulations, revealed that its total loans and advances decreased by 8% to Rs 80,128 crore in the June quarter, from Rs 87,043 crore […]

Bank security

Bank security guard opens fire on employee, injures him

Bank security guard opens fire on employee, injures him He fired three shots from his licensed gun at the Class IV employee PTI, Hyderabad, 14 Jul 2021, 19:43 is updated: 14 Jul 2021, 19:43 ist A bank security guard reportedly opened fire on an employee and injured him in Abids here on Wednesday after the […]

Bank loan

avantha realty: CBI files: Avantha entities used 500 crore INR Yes Bank loan to repay MNT Edelweiss, ABFL loan

Synopsis Funds were diverted from a term loan made to Oyster Buildwell, an Avantha group company with no real business or assets. Edelweiss and Aditya Birla Finance, who received INR 285 crore and INR 190 crore respectively, deny any knowledge of the source of funds used to repay their contributions, which has occurred in the […]

Bank loan

Trade credit arrears may impact European businesses’ COVID-19 bank loan repayments

The ability of European businesses to repay their COVID-19 loans is at risk as they face late payments on invoices, according to market participants. Businesses across Europe have seen a surge in the number of vendors delaying payments during the pandemic, according to trade credit balance data from S&P Global Market Intelligence and CreditSafe. In […]

Bank insurance

FCA fines Lloyds Bank insurance division £ 90million for misleading customers

thursday 08 july 2021 14:11 The Financial Conduct Authority is fining Lloyds Bank’s insurance division £ 90.7million for sending misleading renewal quotes to nine million customers. Renewal quotes claimed the amounts were “competitive” when new customers could get a better price on the same products elsewhere, the FCA said. FCA said the rule violation caused […]

Bank loan

Parliament approves $ 200 million loan from World Bank to fight pandemic

Ghana Parliament House • Parliament approved a request for a loan of US $ 200 million by the government to help it fight the coronavirus pandemic • Ghana to spend US $ 137.15 million to purchase COVID-19 vaccines to inoculate 7.6 million people • Ghana plans to vaccinate 20 million of its population by the […]