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Mehul Choksi's bail plea rejected in Dominica 12 June 2021

Mehul Choksi's bail plea rejected in Dominica:- Fugitive businessman Mehul Choksi received a shock in the Dominica High Court after the top court rejected bail. The Dominica High Court said that Mehul Choksi has no ties with Dominica and the...

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Go First Files A Insolvency: TATA and Indigo In Race 10 May 2023

Go First Files A Insolvency: TATA  and Indigo In Race:- Go First was established by Nusli Wadia in 2005. After Pratt & Whitney engines were installed on A320 aircraft, there was a faster rate of premature failures, which resulted in...

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Services hit after two-day nationwide bank strike 15 March 2021

Services hit after two-day nationwide bank strike:- United Forum of Bank Unions (UFBU), the body of nine unions is on a two-day nationwide strike that starts from today against the privatization of the lenders. Finance Minister Nirmala Sitharaman announced the...

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Go First To Resume Its Operations 11 May 2023

Go First To Resume Its Operations:- Low-budget Airways Go First planning to resume its operations on May 24th with 23 aircrafts. Go First have access to 51 departure slots in Delhi and 37 at Mumbai’s main airport and now the...

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Jet Airways Founder Arrested 02 September 2023

Jet Airways Founder Arrested:- On Friday Enforcement Directorate (ED) arrested Jet Airways founder Naresh Goyal in connection with a money laundering scam of Rs 539 Cr to Canara Bank. Goyal was interrogated by ED officials in Mumbai, as he was...

Keywords: Canara Bank, Naresh Goyal arrest, Canara Bank, Canara Bank

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RBI hikes the Repo rate by 50 bps: Loan EMIs to go up 08 June 2022

RBI hikes the Repo rate by 50 bps: Loan EMIs to go up:- The Reserve Bank of India (RBI) hiked the repo rate by 50 basic points and this is the second increase in the last five weeks. The decision...

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17 percent annual hike and five days work for Bank Employees 09 March 2024

17 percent annual hike and five days work for Bank Employees:- The Indian Banks' Association and bank worker associations have settled on a yearly pay climb of 17%, prompting an extra yearly outgo of around Rs 8,284 crore for public...

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Western Alliance Bank Denies Reports 05 May 2023

Three US regional banks failed in the last two months, which created concerns in Western Alliance Bank on the lenders after an article was published in Financial Times. One of the Western Alliance lenders Beverly Hills-based PacWest admitted that they...

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UK Court rejects Nirav Modi's application against Extradition 23 June 2021

UK Court rejects Nirav Modi's application against Extradition:- Indian billionaire businessman Nirav Modi is absconding from the country after he owes Rs 13500 crores to Punjab National Bank and its allies. Nirav Modi was caught in London and he is...

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ED conducts raids on TRS MP Nama Nageswara Rao 11 June 2021

ED conducts raids on TRS MP Nama Nageswara Rao:- The officials of the Enforcement Directorate conducted surprise raids on the premises of TRS MP and Telangana leader Nama Nageswara Rao. All the properties related to Madhucon Group are raided today....

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Chandrababu slams YS Jagan for mortgaging AP Secretariat 04 March 2024

Chandrababu slams YS Jagan for mortgaging AP Secretariat:- TDP leader N Chandrababu Naidu strongly condemned Chief Minister YS Jagan Mohan Reddy for using the State Secretariat building as collateral. In a social media post, Naidu expressed his disappointment in the...

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87 percent of Rs 2000 notes returned to banks 04 July 2023

87 percent of Rs 2000 notes returned to banks:- Reserve Bank of India (RBI) has received Rs 2.72 Lakhs of Rs 2000 banknotes in circulation till the 30th of June as per a statement released by the bank on Monday....

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RBI issues a clarification on withdrawing Rs 100 and Rs 10 notes 25 January 2021

RBI issues a clarification on withdrawing Rs 100 and Rs 10 notes:- There are several speculations across the country about the ban of Rs 100, Rs 10 and Rs 5 notes in the country. To keep an end to all...

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RBI may cancel licence of Paytm Payments Bank 07 February 2024

RBI may cancel licence of Paytm Payments Bank:- The Paytm Payments Bank is facing the possibility of having its licence cancelled by the Reserve Bank of India (RBI), according to anonymous sources. The RBI has set a deadline of March...

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Supreme Court Slams SBI For Not Sharing Complete Data 15 March 2024

Supreme Court Slams SBI For Not Sharing Complete Data:- The Supreme Court has taken a firm stance against the State Bank of India for withholding complete data on electoral bonds, a scheme that allowed anonymous donations to political parties. The...

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2000 note exchange: Deadline ends in 3 days 27 September 2023

2000 note exchange: Deadline ends in 3 days:- The deadline to exchange Rs 2000 currency notes is just three days away. On May 19th the Reserve Bank of India ordered the withdrawal of Rs 2000 rupee notes and asked the...

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RBI issues instructions to Paytm Payments Banks 11 March 2022

RBI issues instructions to Paytm Payments Banks:- The Reserve Bank of India (RBI) directed the Paytm Payments Banks to stop onboarding new customers with immediate effect. This is a huge setback for the digital finance services of Paytm. RBI took...

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Banks refuse to take coins from Sai Baba Temple 24 April 2023

Banks refuse to take coins from Sai Baba Temple:- Shocker: As Shiridi Saibaba temple getting Lakhs of rupees in coins as donations, Shri Saibaba Sansthan Trust (SSST) facing a unique problem. Banks interlinked with the trust unable to accommodate the...

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Chiranjeevi and Ram Charan to launch Oxygen Banks 20 May 2021

Chiranjeevi and Ram Charan to launch Oxygen Banks:- Megastar Chiranjeevi has been an undisputed king of Telugu cinema from the past four decades. The top actor also turned a helping hand and is donating a part of his earnings to...

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Banking Services partially hit due to Bharat Bandh 28 March 2022

Banking Services partially hit due to Bharat Bandh:- Several trade unions of the country called for Bharat Bandh for two days as they are unhappy with the government policies. Bharat Bandh started today and it had very little impact. Banking...

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