The London High Court rejected Nirav Modi's defence and upheld a personal guarantee tied to a Firestar Group loan
Banking

UK court orders Nirav Modi to pay Bank of India over...

PGurus Newsdesk - 0
The arrests come amid ongoing investigations by the CBI and ED following judicial scrutiny of alleged large-scale banking irregularities involving Reliance Group companies
Banking

CBI arrests Anil Ambani’s former CEOs of RCFL, RHFL in Rs.7,623-Cr...

Team PGurus - 0
The SC sought responses from the Centre and RBI after raising concerns over alleged collusion between banks, asset reconstruction companies and borrowers
Banking

Supreme Court flags ‘deep-rooted nexus’ between banks, asset reconstruction companies, borrowers...

Team PGurus - 1
With Rs.2,485 crore in outstanding dues and fresh regulatory scrutiny, attention is turning to the roles of Canara Bank, LIC, and investigative agencies
Banking

Tainted Rajesh Exports is large defaulter of Canara Bank with more...

J Gopikrishnan - 0
ADB and Standard Chartered Bank have signed risk-sharing agreements covering both dollar and rupee transactions to expand trade and supply chain finance access for Indian businesses, particularly SMEs
Banking

ADB, StanChart ink partnership to support Indian firms across supply chains

Team PGurus - 0
Banks shift focus from routine IT spend to survival-driven cybersecurity investment
Banking

Banks look to scale up IT spending amid cyber threat from...

Team PGurus - 1
Exchange and deposit facilities continue at RBI offices and via India Post
Banking

RBI says 98.47% of Rs.2000 banknotes returned; Rs.5,451 crore still unreturned

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Move ends the bank’s operations under the payments bank model after prolonged regulatory scrutiny
Banking

RBI cancels banking licence of Paytm Payments Bank

Team PGurus - 1
Kotak Mahindra Bank relationship manager arrested
Banking

Kotak Mahindra Bank employee arrested in Rs 160 crore Panchkula municipal...

PGurus Newsdesk - 0
Haryana orders investigation after Panchkula Municipal Corporation detects discrepancies in Rs 160 crore worth of fixed deposits at Kotak Mahindra Bank
Banking

Rs 160-crore FD fraud detected at Kotak Mahindra Bank in Haryana,...

PGurus Newsdesk - 0
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