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

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

Team PGurus - 1
Mule accounts are used by fraudsters to move illegal funds through the banking system
Banking

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

Team PGurus - 1
This marks the fourth such technical disruption within a single month, raising concerns about the resilience of India’s leading digital payment system
Banking

Nationwide UPI outage disrupts digital payments across major platforms

PGurus Newsdesk - 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
Banking

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

Team PGurus - 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
Banking

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

PGurus Newsdesk - 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
Banking

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

Team PGurus - 0
New PF withdrawal card aims to enable ATM-based fund access
Banking

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

PGurus Newsdesk - 0
Following news of the search, shares of ICICI Bank fell 0.23% during early trading on December 5, 2024, closing at Rs.1,312.20 on the BSE
Banking

ICICI Bank shares dip as Maharashtra GST officials search three offices;...

PGurus Newsdesk - 1
The issue came to light when account holders noticed that interest payments on their fixed deposits had not been credited for 2 consecutive months
Banking

Andhra Pradesh: Account holders in three ICICI Bank branches lose Rs.28...

PGurus Newsdesk - 0
AePS-based transactions touch 100 million in August, IMPS sees 12 pc growth
Banking

AePS-based transactions hit 100 million in August: NPCI data reveals

PGurus Newsdesk - 0
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