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The move comes as RCom is currently under the corporate insolvency resolution process as per the Insolvency and Bankruptcy Code

SBI to declare Anil Ambani’s RCom loan as ‘fraud’; to report case to RBI

Team PGurus - July 2, 2025

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 used by cyber criminals

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 market by ex-manager

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

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 cr. Bank MD Manimekhalai‘s role under scanner

RBI said it has finalized a strategic action plan for 2024-25 and envisaged liberalization of external commercial borrowing framework

RBI to allow opening of rupee account outside India

PGurus Newsdesk - May 31, 2024 0

Purchasing trend via UPI/QR code is due to the fact that digital transactions take a jiffy to complete the purchase journey via smartphones

UPI payments surge in India, leading to a change in spending...

PGurus Newsdesk - May 12, 2024 0

RBI has lifted the restriction with immediate effect

RBI lifts ban on Bank of Baroda’s BoB World

PGurus Newsdesk - May 9, 2024 0

The move to settle bilateral trade payments between the two countries in local currencies will reduce dependence on the US dollar and help to strengthen the rupee

India, Ghana agree to operationalize UPI link within 6 months

PGurus Newsdesk - May 6, 2024 0

Who are all holding this high-value currency worth Rs.7961 crores?

Rs.7961 crores worth Rs.2000 notes not yet returned, says RBI. 97.76%...

Team PGurus - May 2, 2024 0

The bank intending to transit must have their shares listed on a recognized stock exchange

RBI sets criteria for Small Finance Banks seeking Universal Banks license

PGurus Newsdesk - April 27, 2024 0

Kotak Mahindra Bank has been directed

Kotak Mahindra Bank shares tank 13%. Market Cap erodes by Rs.37,721...

Team PGurus - April 25, 2024 0

The regulator said the bank, however, will continue to provide services to its existing customers, including its credit card customers

RBI bans Kotak Mahindra Bank from onboarding new customers via online,...

PGurus Newsdesk - April 24, 2024 0

The directive includes fintech companies like Razorpay, Cashfree, CCAvenue and Mswipe which are all regulated payment aggregators

RBI directs payment companies to track high-value, suspicious transactions during elections

PGurus Newsdesk - April 22, 2024 0

SRO is expected to adhere to a set of overarching objectives for betterment of the sector they represent

RBI lays framework for recognizing self-regulatory organizations

PGurus Newsdesk - March 22, 2024 0

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BOOKS

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

The sudden and mind-boggling change in the political attitude of the Buddhist leadership in Ladakh in 2020 forms an important part of the book

Prof Hari Om’s new book “Buddhists Playing With Fire” hits the...

The book unveils an Eastern mystery of ancient Hindu wisdom and Yogic science especially for their benefit

Review of “The Manthan Code” (author Shambhu Sundriyal)

Ashwin acknowledges the need for standout performances to gain recognition, admitting that his bowling may not always be visually appealing

‘I Have the Streets’ – R Ashwin & Sidharth Monga

The book brings out the virtues and qualities the Governor (Ruler) should possess, what qualities the Mantris or council of Ministers have, etc

K Parasaran Miscellany: A book that needs to be read by...

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