The Fed confirmed in a statement that it was holding its benchmark lending rate steady at its 23-year high, between 5.25 and 5.50 percent
Banking

US Federal Reserve Bank keeps interest rate unchanged for fourth time...

PGurus Newsdesk - 0
Rohit Pawar was issued fresh summons by the ED in the alleged multi-crore Maharashtra State Cooperative scam
Banking

ED summons NCP leader Rohit Pawar in MSCB scam case

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ED has said that the promoters, directors, and officials of Bhushan Steel were engaged in fraudulent activities
Banking

Delhi Court sends 5 accused to ED custody in Rs.56,000 cr...

PGurus Newsdesk - 1
Total value of the Rs.2000 banknotes in circulation was Rs.3.56 lakh cr at the close of business on May 19, 2023
Banking

RBI says 97.38% Rs.2000 banknotes have been returned

PGurus Newsdesk - 0
The case recently came to limelight after Patiala House Court ordered Delhi Police to initiate an investigation
Banking

Chanda Kochhar, 10 others booked for ‘cheating’ tomato paste company leading...

PGurus Newsdesk - 0
Congress leader, others are accused of flouting norms by diverting the cooperative bank's funds to private entities
Banking

Maharashtra Congress leader found guilty in Nagpur co-op bank’s Rs.150 cr...

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Massive surge in Digital payments in Ayodhya as city gears up for Shri Ram Mandir consecration ceremony
Banking

Ayodhya sees a massive surge in digital payments as city gears...

PGurus Newsdesk - 0
The RBI's move is aimed at stopping banks and NBFCs from using the AIF channel as a way to artificially sustain or extend the life of their loans
Banking

RBI tightens rules for banks, NBFCs’ investments in Alternate Investment Funds

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RBI’s action is based on deficiencies in regulatory compliance
Banking

RBI imposes fine on 1 bank in Mumbai and 3 in...

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CBI conducted searches at around 13 locations including at Kolkata and in Karnataka's Mangaluru at the premises of accused and others
Banking

CBI searches 13 locations in 2 states over Rs.820 cr IMPS...

PGurus Newsdesk - 0
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