Kudos was lending money & acting like an NBFC without RBI permission
Banking

ED attaches Rs.72 crore fund of an Indian finance company in...

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T M Bhasin, former Vigilance Commissioner to head the Advisory Board ABBFF
Banking

Central Vigilance Commission (CVC) expands scope of banking frauds panel to...

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Sahara in an unending battle of over nine years with SEBI on how much was paid
Banking

SEBI vs Sahara row over how much was paid. Funds totaling...

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More unanswered questions from the reply by the Government on Demonetisation - did the banks catch the fake currency and if yes, how much?
Banking

99.31% of the money returned to circulation after Demonetization of Rs.500...

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Assets recovery - who else benefited from sanctioning these loans to the Mallyas and Choksis and why are their assets not seized?
Banking

Indian Banks recover Rs.13,100 cr from assets sale of fugitive defaulters...

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Charges have been increased given the rising cost of ATM deployment and expenses pertaining to ATM maintenance
Banking

Cash withdrawals from ATMs will be heavier on pockets from Jan...

PGurus Newsdesk - 0
Moody's Investors Service is hopeful that India's economy will continue to recover in the next 12-18 months with GDP growing 9.3 percent in the fiscal year ending March 2022
Banking

With India picking up economic activity Moody’s hopeful for credit growth:...

PGurus Newsdesk - 0
Crisil paints a grim picture of the growing bad loans of Indian Bankswhich together form close to 40% of banks credit, are expected to see higher accretion of NPAs
Banking

Gross NPAs of banks to rise to 8-9% this fiscal year:...

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Indian crypto players are bombarding people with ads across platforms doubling down on their marketing spend when crypto is yet to be accepted as legal tender
Banking

India still not made up its mind on cryptocurrency, yet internet...

PGurus Newsdesk - 2
Another dubious Chinese owned firm in the NBFC sector unearthed by the ED
Banking

Enforcement Directorate (ED) seizes Rs.131-cr funds of Chinese-controlled PC Financial Services...

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