Tag: PNB Scam

Interpol Issues Red Corner Notice Against Mehul Choksi
News, LimeLight

Interpol Issues Red Corner Notice Against Mehul Choksi

SMEStreet Desk- December 14, 2018

“The Interpol has issued a Red Corner Notice against Mehul Choksi on the request of CBI,” CBI spokesperson Abhishek Dayal said. Choksi, who escaped in ... Read More

Privatization of Public Banks Would Not Add Value to Indian Banking: Bank Employee Association
InFocus, Analysis

Privatization of Public Banks Would Not Add Value to Indian Banking: Bank Employee Association

SME STREET- March 5, 2018

The Indian National Bank Employees Federation (INBEF), the banking wing of Congress- affiliated Indian National Trade Union Congress (INTUC), has said in the letter that ... Read More

PNB Scam Might Result in Even More Tight Lending Norms: PHDCCI
InFocus, Finance

PNB Scam Might Result in Even More Tight Lending Norms: PHDCCI

SMEStreet Desk- March 3, 2018

Anil Khaitan also said he is surprised how the banks' internal audit system failed to detect anomalies in transactions leading to the alleged fraudulent loans ... Read More

Govt’s Stakes in Banks Should be Restricted: Assocham
Finance, InFocus

Govt’s Stakes in Banks Should be Restricted: Assocham

SME STREET- February 20, 2018

"The PSU banks, ironically, are slipping from one crisis to the other and there is a limit the government can keep bailing them out at ... Read More

Finance Ministry Urged To Stay Away from Rumors Regarding the Impact of PNB Scam
InFocus, Finance

Finance Ministry Urged To Stay Away from Rumors Regarding the Impact of PNB Scam

SME STREET- February 20, 2018

"News appearing in a certain section of media that Tax Department has estimated that Indian banks could take a hit of more than $3 billion ... Read More

Crying Entrepreneur and PNB-Scam, Two Extremes of Country’s Banking Struggle
Editorial, Analysis

Crying Entrepreneur and PNB-Scam, Two Extremes of Country’s Banking Struggle

Faiz Askari- February 17, 2018

We can also leverage the social fabric of the country in understanding borrowers. Big data offers such level of screening which can allow someone to ... Read More