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Asset linked to former S Kumars CMD Nitin Kasliwal attached under PMLA in a Rs.1,400 cr bank loan fraud and money-laundering probe

Bank fraud case: ED attaches S Kumar’s Rs.150 cr worth property near Buckingham Palace in London

Team PGurus - December 31, 2025

Rate relief for borrowers as SBI passes on RBI rate cut

SBI loans to get cheaper as bank passes on RBI rate cut to borrowers

A comprehensive breakdown of the Finance Ministry’s disclosures in Parliament: massive loan write-offs by Public Sector Banks, improving capital positions without government infusion, rising digital fraud cases, and the scale of export credit disbursement over the past five years

PSU banks write off loans worth Rs.6.15 lakh crore in the last 5.5 years

Indian firms dominate the World Bank’s “Ineligible Firms & Individuals” list for fraudulent and corrupt practices, as Gujarat‑based Transformers & Rectifiers (India) Limited becomes the latest in a long line of bans linked to international projects

World Bank’s debarred list shows over 50 Indian firms for fraudulent and corrupt practices

ED has arrested Reliance Power CFO Ashok Pal in a Rs.68 cr money laundering case tied to a fake bank guarantee submitted to the Solar Energy Corporation of India

ED arrests Anil Ambani’s Reliance Power CFO for fake bank guarantee of Rs.68 crores

The CBI has filed an FIR for criminal conspiracy, cheating, forgery, and misconduct by bank officials under IPC/BNS and the Prevention of Corruption Act

CBI unearths over 8.5 lakh mule accounts in 700 bank branches...

Team PGurus - June 26, 2025 0

According to police, Gupta redirected funds from these accounts into stock market investments, which eventually led to substantial financial losses

ICICI Bank fraud: 41 victims, Rs.4.58 crore stolen, lost in stock...

PGurus Newsdesk - June 6, 2025 1

Surge driven by reclassification of 122 past cases per SC ruling; digital and loan frauds dominate

Banking frauds triple in FY25, public sector banks face highest losses

Team PGurus - May 29, 2025 3

Former Chief Economic Advisor Subramanian used his official position to pressure the Union Bank to purchase his book in large quantities

Union Bank probes lapses in procurement of Subramanian’s book costing Rs.7.25...

Team PGurus - May 6, 2025 1

Mule accounts are used by fraudsters to move illegal funds through the banking system

Indian Banks Association seeks power to freeze accounts in illicit transaction...

Team PGurus - April 13, 2025 1

This marks the fourth such technical disruption within a single month, raising concerns about the resilience of India’s leading digital payment system

Nationwide UPI outage disrupts digital payments across major platforms

PGurus Newsdesk - April 12, 2025 2

Mallya cited the Finance Ministry's 2024–25 report to claim banks recovered Rs.14,131.8 crore—over twice the Rs.6,203 crore awarded by the Debt Recovery Tribunal

Indian banks recovered over Rs.14,000 crore, twice what he owed, claims...

Team PGurus - April 7, 2025 2

The complaint was filed by Indian Overseas Bank against Truedom EPC Limited. Notably, Minister Nehru’s brother, N Ravichandran, is a director in the firm

ED raids Tamil Nadu Minister K N Nehru’s premises in bank...

PGurus Newsdesk - April 7, 2025 1

Chartered accountants' apex body ICAI may review the financial statements of IndusInd Bank, which is grappling with discrepancies in accounting estimated to be Rs.2,100 crore

RBI directs IndusInd to complete remedial action this month; assures customers...

Team PGurus - March 15, 2025 0

New PF withdrawal card aims to enable ATM-based fund access

EPFO to introduce ATM withdrawals for Provident Fund savings starting January...

PGurus Newsdesk - December 12, 2024 0

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BOOKS

From command-economy socialism and policy paralysis to neglected infrastructure and education, India’s long journey through poverty reflects decades of flawed economic choices

Book review – A Sixth of Humanity

A review of how religion and political narratives shape public discourse

Book review: Hindutva and Hind Swaraj

From Field Marshal Manekshaw’s leadership lessons to today’s talent playbook

Book review: The evolution of talent as science and technology progress

When the winner writes history, the loser is often erased. Indian academia’s left‑leaning historians, critics argue, have recast ancient and medieval narratives—excluding the river Saraswati River, down‑playing texts like the Ramayana, and labelling dissenting scholars as “Sanghis”

Book Review: I, Witness by Shahid Siddiqui

What Sastry reveals in his book is a horrifying narrative of how Ramoji and Challa Kondiah went about this methodical destruction of the system

M.V.R. Sastry’s Devudunnadu Jagratha – A detailed examination – Part 1

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