Crackdown on black money? Finance Ministry releases list of 9,491 'high risk' NBFCs, details inside
Many of these NBFCs were found converting banned currency notes after demonetisation by receiving cash as deposits and issuing back-dated FDs and cheques.
Feb 26, 2018, 17:51 PM IST
Come up with workable plan to repay dues: Punjab National Bank responds to Nirav Modi's letter
In his letter to PNB, Nirav Modi said that the over-zealousness on the part of the bank to deal with the issue destroyed his jewellery brand and also jeopardised his ability to clear the dues.
Feb 22, 2018, 17:58 PM IST
Fake currency detection in banks swell to maximum in 8 years: Report
Counterfeit currency detection instances in the country's banking channels have seen an all time increase in the last eight years at over 3.53 lakh instances, according to a latest government report.
Jun 14, 2017, 13:21 PM IST
ED gathers pace on money laundering probe against Vijay Mallya; seeks details on overseas assets
As the money laundering probe against embattled liquor baron Vijay Mallya gathers pace, the Enforcement Directorate (ED) is preparing to issue Letters Rogatories (LRs) to a certain countries, including South Africa and the UK, for obtaining information on his overseas assets.
Apr 03, 2016, 16:22 PM IST
