Shaktikanta Das said that many lenders were depending too much on the algorithms to make their decisions and there was a need to analyze data more carefully before making investment decisions
Banking

RBI Governor expresses concern over high dependence of NBFCs on bank...

PGurus Newsdesk - 0
The court issued notices to the branch manager and general manager to explain why the bank pursued legal action against a deceased individual
Banking

Delhi Court dismisses SBI’s suit against deceased loan defaulter

PGurus Newsdesk - 0
The supervisory restrictions will be reviewed upon the rectification of the said deficiencies to the satisfaction of RBI
Banking

RBI directs Bajaj Finance to stop sanction, disbursal of loans under...

PGurus Newsdesk - 1
The proceeds of crime in the form of overvalued loans were deposited in the bank account maintained with the Pulpally Service Cooperative Bank
Banking

ED attaches assets worth Rs.4.34 cr in Pulpally Service Cooperative Bank...

PGurus Newsdesk - 0
Penalty imposed on Shree Lodra Nagarik Sahakari Bank Ltd, Malpur Nagarik Sahakari Bank Ltd and Limbasi Urban Co-operative Bank Ltd
Banking

RBI imposes fine on 3 Gujarat banks for violating norms

PGurus Newsdesk - 0
The electoral bond deposited by an eligible political party in its account shall be credited on the same day
Banking

Centre authorizes SBI to issue, encash electoral bonds between Nov 6...

PGurus Newsdesk - 0
People can avail the facility of sending the Rs.2000 banknotes through post offices of India Post
Banking

Total value of Rs.2000 notes in circulation drop to Rs.0.1 lakh...

PGurus Newsdesk - 0
The properties include 17 residential flats, bungalows, and commercial buildings registered under the names of companies and people, including Jet Airways' founder Naresh Goyal
Banking

ED attaches assets worth Rs.538 crore of Jet Airways founder Naresh...

Team PGurus - 2
The investigation revealed that the accused has created various Trusts abroad and through those trusts he purchased various immovable properties
Banking

Canara Bank fraud case: ED files charge sheet against Jet Airways...

PGurus Newsdesk - 1
ED made arrests after searching over 15 locations in Delhi, Ambala, Panchkula, Chandigarh and Mumbai in the offices and residential premises linked to the accused
Banking

ED arrests promoters, CA of Parabolic Drugs PVT Ltd in Rs.1,626...

PGurus Newsdesk - 0
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