Tag: Financial institutions

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 other unknown persons have cheated multiple banks and financial institutions, including Aditya Birla Housing Finance Limited  (ABHFL),  Syndicate Bank, Canara Bank, Axis Bank, Indian Bank,

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Committee recommends special resolution regime for financial firms

Newsroom24x7 Staff New Delhi: The Committee set up to draft a Code on Resolution of Financial Firms has drafted a Bill that envisages the setting up of a Resolution Corporation with its head office in Mumbai. A note released today by the Union Finance Ministry on the recommendations of the Committee to draft a Code

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