Non-banking financial companies Archives

Finance

Over 40 cr loans sanctioned under MUDRA scheme in last 8...

PGurus Newsdesk - April 8, 2023 2

The MUDRA scheme helped in the generation of large-scale employment opportunities at grassroots; boosting Indian economy Since the inception of Pradhan Mantri MUDRA Yojana (PMMY)...

Officials said further investigation revealed that other insurance companies and NBFCs also exploited a similar route to avail of ineligible ITC

Law and Order

Massive GST evasion worth Rs.824 cr unearthed, ICICI Prudential among 15...

PGurus Newsdesk - September 30, 2022 0

GST Intelligence uncovers tax evasion by 15 firms insurance companies, NBFCs 15 insurance companies including ICICI Prudential as well as several non-banking financial companies (NBFCs)...

The case revolves around the fraud committed through the illegal diversion of clients' securities by Karvy Ltd

Money Laundering

ED arrests Karvy stock broking CMD Parthasarathy, CFO Hari in swindling...

Team PGurus - January 27, 2022 1

Karvy group's CMD, CFO conspired to transfer borrowed funds, says ED The Enforcement Directorate (ED) on Thursday arrested Karvy Stock Broking Limited (KSBL) CMD C...