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India’s public sector banks posted robust Q3 results, with cumulative profits crossing ₹52,600 crore
Banking

Public sector banks post record Q3 net profit of Rs 52,603...

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Strong credit growth lifts PSU banks’ Q3 earnings by 18% Public sector banks (PSBs), led by State Bank of India (SBI), posted a record cumulative...
Subodh Kumar Goel, ex-CMD of UCO bank was arrested in this case on May 16th for playing a substantial role in sanction of loans of more than Rs.1460 cr to CSPL which later turned into NPA
Banking

ED chargesheets ex-UCO Bank CMD Goel. Attaches Rs.106-cr assets

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ED advances probe against former UCO Bank Chairman A chargesheet has been filed against the arrested former UCO Bank CMD Subodh Kumar Goel and his...
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...

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CBI conducts search ops in West Bengal, Karnataka following Rs.820 cr IMPS glitch at UCO Bank Central Bureau of Investigation (CBI) on Tuesday said that...
The meet chaired by the Financial Services Secretary deliberated on how to ensure better coordination among various agencies to check cyber fraud
Justice System

To prevent cyber frauds, Govt suspends 70 lakh mobile numbers due...

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Centre discontinues 70 lakh mobile numbers due to suspicious activity: DFS Secretary In order to check digital frauds, the Government of India has suspended 70...
Indian danks are discussing the currency pair for the payment mechanism and the options include the Indian rupee paired with the Russian ruble or Saudi Arabia's riyal
Banking

UCO Bank, YES Bank working with Russian banks on rupee trade...

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International trade in rupee: Two Indian banks drag feet on the mechanism As per a senior government official, Indian lenders UCO Bank and Yes Bank...

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