Rs. 62.67 million fraudulent bank transaction: Delhi EOW registers FIR on complaint by Amity University
Newsroom24x7 Network The Economic Offences Wing of Delhi Police this past Friday (10 January 2019) registered an FIR on a complaint originally lodged with the Connaught Place Police station by […]
FM announces amalgamation of banks to achieve higher economic growth
Newsroom24x7 Network New Delhi: Finance & Corporate Affairs Minister Nirmala Sitharaman on Friday, 30 August 2019, announced the Union Government’s decision to consolidate Public Sector Banks (PSBs) for strong national […]
Withdrawal of Minimum Balance Penalty by Banks: Government stand and RBI guidelines
Newsroom24x7 Network New Delhi: According to Reserve Bank of India (RBI) guidelines, banks do not have any Minimum Balance requirement for Basic Savings Bank Deposit accounts (BSBD), including accounts […]
Why speculate when Whispersinthecorridors is always first to tell you who goes where
Newsroom24x7 Network New Delhi: Its not only in the case of the Bureaucracy, Corporate world, Banking sector and the Defence forces that whispersinthecorridors.com always hits the bulls eye everytime it makes […]
ACC clears reappointment of RBI Deputy Governor NS Vishwanathan
Newsroom24x7 Network New Delhi: The Appointments Committee of the Cabinet (ACC) on Monday 1 July 2019, approved the reappointment of NS Vishwanathan, Deputy Governor Reserve Bank of India (RBI) for […]
Compulsory retirement and sword of prosecution haunts the wayward civil servants and bankers
Newsroom24x7 Network New Delhi: After a thumping victory in the general Elections to Parliament, the Narendra Modi led NDA Government has started its second consecutive term in power at the […]
Bhavesh leads, Services’ boxers on top, Haryana Girls dominate
Harpal Singh Bedi New Delhi: World Youth Bronze medalist, Bhavesh Khittimani outpunched his Manipuri opponent Bhimjit Singh Heikrujam to win the 52kg bout at the end of day 4 at […]
Fitch downgrades long-term default and viability rating of ICICI and Axis banks
Newsroom24x7 Network Mumbai: Fitch Ratings has downgraded ICICI Bank Limited’s Long-Term Issuer Default Rating (IDR) to ‘BB+’ from ‘BBB-‘ and its Viability Rating to ‘bb+’ from ‘bbb-‘. The Outlook on […]
No gold shifted from India to other countries in 2014 and thereafter
Newsroom24x7 Network Mumbai: Reserve Bank india today, 3 May 2019, stated categorically that no gold was shifted by the RBI from India to other countries in 2014 or thereafter. The […]
Investigations have led to detection of more than Rs. 11000 crore of credits in undisclosed foreign accounts: CBDT
Newsroom24x7 Network New Delhi: In the offshore accounts linked to around 700 Indian persons, as revealed by International Consortium of Investigative Journalists (ICIJ) from April 2013 onwards, sustained investigations conducted […]
Fictitious transaction of sale of property in Delhi: Banks and financial institutions cheated
Newsroom24x7 Network New Delhi: Delhi Police have registered a case of serious economic offences against few persons accused of have dishonestly and fraudulently, in conspiracy with each other and some […]
Jet Airways is grounded as consortium of lenders refuse to fund critical services
Newsroom24x7 Network Mumbai: Late night this past Tuesday 16 April 2019, Jet Airways was informed by the State Bank of India (SBI), on behalf of the consortium of Indian Lenders, […]
Fitch Ratings: RBI Governor resignation highlights risks to policy priorities
Newsroom24x7 Network Hong Kong/Singapore: The resignation of the Reserve Bank of India (RBI) governor on 11 December follows a period of government pressure on the central bank to spur economic […]
Indian banks reflect weak core capitalisation and poor profitability
Newsroom24x7 Network Mumbai: Fitch maintains a negative sector outlook on Indian banks, to reflect the ongoing struggle of state banks with weak core capitalisation amid rising macro headwinds and poor […]
RBI discusses restructuring scheme for stressed MSMEs
Newsroom24x7 Network Mumbai: The Reserve Bank of India’s (RBI) Central Board met today in Mumbai and discussed the Basel regulatory capital framework, a restructuring scheme for stressed MSMEs, bank health […]
Inflation clouds force RBI to increase repo rate
Newsroom24x7 Network Mumbai: Four years down the line, after Narendra Modi assumed office as Prime Minister, with inflation clouds looming over Indian economy, the Reserve Bank of India has increased the […]
