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V D Satheesan hits out at CPM in Karuvannur scam

While intensifying his stand against the CPM, Satheesan said the CPM had received a share of the loot from the scam and it also protected the culprits.

published on : 25th September 2023
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RBI likely to keep interest rate unchanged as inflation still high: Experts

It may be mentioned that the government has mandated the RBI to keep inflation at 4 per cent with 2 per cent margin on either side.

published on : 24th September 2023
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CPI(M) trains its guns at ED over Karuvannur bank scam probe

Speaking at a party function in Kasaragod District on Saturday, he said attempts were being made to destroy the cooperative sector in the state.

published on : 24th September 2023
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CPM will not accept corruption: Govindan

CPM state secretary M V Govindan declared that the party would not accept corruption, especially in cases like the Karuvannur bank scam. 

published on : 24th September 2023
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BJP leader shoots himself dead in South Delhi

Banka was associated with the Bharatiya Janata Party Yuva Morcha (BJYM) and was holding the position of Mahamantri in the Delhi state unit of the party.

published on : 23rd September 2023
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SBI raises Rs 10,000 crore at 7.49 per cent coupon rate 

The bank expressed satisfaction with the response and decided to accept Rs 10,000 crore at a coupon rate of 7.49% payable annually.

published on : 23rd September 2023
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No financial loss to bank, says TMB in communication to NSE, BSE over wrongly credited Rs 9k crore

TMB had suspended its Chennai-Service Branch manager P Govinda Rajan in connection with the issue.

published on : 23rd September 2023
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Telangana ‘Bartan Banks’ to combat single-use plastic menace

The Bartan Bank will offer stainless steel utensils such as plates, glasses, bowls and spoons as alternatives to disposable plastics during functions, social gatherings and religious events.

published on : 22nd September 2023
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Karuvannur scam: Cops undecided on booking ED sleuths for assault

The Ernakulam Central Police, which received a complaint from P R Aravindakshan, a councillor in Wadakkanchery municipality, has sought legal advice on whether to register an FIR on the allegation.

published on : 22nd September 2023
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IBBI notifies changes to CIRP regulations, effective from September 18

The amendments allow committee members to conduct audits of the corporate debtor or CD, with the audit costs included as part of the CIRP cost.

published on : 21st September 2023
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Rs 9,000 crore 'mistakenly' deposited in Chennai cab driver's account, bank debits money within 30 mins

He managed to transfer Rs 21,000 to a friend before the rest of the amount was taken back by the bank in under 30 minutes.

published on : 21st September 2023
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HDFC, RIL shares drag down market over 1 per cent

Investors ramain cautious on rising US bond yields and dollar, elevated oil prices, and concern over Fed policy meeting 

published on : 21st September 2023
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Karuvannur: ED recovers land documents worth over Rs 20 crore

The ED issued a press release on the recoveries made during the raids conducted on Wednesday.

published on : 21st September 2023
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HDFC Bank drags Sensex and NSE Nifty down on Wednesday after ratings downgrade by Nomura

HDFC shares fell after foreign broking firm Nomura downgraded its rating to Neutral. Nomura took this call after the country's largest private-sector bank held an analyst call

published on : 20th September 2023
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At least six Palestinians killed in latest fighting with Israel, Palestinian health officials say

The deadly violence between Israel and the Palestinians over the last year and a half has surged to levels unseen in the West Bank in some two decades.

published on : 20th September 2023
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18 held in loan fraud, 1.8K forged documents seized

An ongoing investigation revealed that the fraudulent loans were obtained from a range of prominent banks, including SBI, Canara Bank, and Punjab National Bank.

published on : 20th September 2023
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AIIB team lauds Andhra Pradesh rural road project

The delegation called on Chief Secretary KS Jawahar Reddy at his camp office here on Tuesday and expressed its satisfaction over the progress of rural road works.

published on : 20th September 2023
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Trai asks DoT to cut entry fee, merge bank guarantees

The regulatory body believes the reductions in entry fee will lead to the entry of new service providers in the market, increase investment and enhance competition in the sector.

published on : 20th September 2023
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Odisha| Over 350 EML staff forced to avail loans from Gramya Bank: EOW

The evidence and investigation carried out so far suggests it is a meticulously planned scam to avail loans to the tune of crores of rupees by adopting fraudulent means and coercing employees.

published on : 20th September 2023
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Dhanlaxmi director resigns; flags governance issues

The independent director has in his resignation letter pointed out many instances where other members of the bank board sided with the MD and CEO, overruling concerns raised by him.

published on : 19th September 2023
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