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ED arrests ex-Andhra Bank director in Rs 50-bn Sterling Biotech graft

Sterling Biotech had taken loans of over Rs 50 bn from a consortium of banks led by Andhra Bank which had turned NPAs.....»»

Category: topSource: business-standardJan 13th, 2018

Saudi has completed main wave of arrests in anti-graft purge, says minister

Dozens of princes, officials and businessmen were detained last month, about 200 people questioned, and over 2,000 bank accounts frozen in the purge.....»»

Category: topSource: business-standardDec 5th, 2017

ED arrests director of Mumbai company in bank loan fraud case

The ED has arrested the director and promoter of a Mumbai-based firm in connection with its money laundering probe in a bank loan fraud case involving over Rs 2,600 crore. This case is being descr........»»

Category: topSource: thehindubusinesslineMay 3rd, 2017

Will BoE Help or Hurt GBP?

Daily FX Market Roundup 09.14.16  By Kathy Lien, Managing Director of FX Strategy for BK Asset Management With U.K. retail sales and a Bank of England monetary policy announcement scheduled for release, Thursday will be a busy day for sterling.  Whi.....»»

Category: economySource: nasdaqSep 15th, 2016

Capitol Report: Mulvaney tells Fed he doesn’t want any money for the CFPB

Mick Mulvaney, the acting director of the Consumer Financial Protection Bureau, wrote outgoing Federal Reserve chairwoman Janet Yellen to say he has more than enough money in the bank to cover the agency’s expenses for the second quarter......»»

Category: topSource: marketwatch3 hr. 25 min. ago

German Central Banker: Cryptocurrencies Must Be Regulated On a Global Scale

A director of Germany's central bank said at an event that cryptocurrencies must be regulated at a global scale, not just on a national level......»»

Category: forexSource: coindeskJan 16th, 2018

APGVB to set up 76 Aadhaar enrolment centres

Andhra Pradesh Grameena Vikas Bank (APGVB) will be setting up 76 Aadhaar enrolment centres in the two Telugu states. Out of these, 50 will be in Telangana, while 26 will come up in Andhra Pradesh con........»»

Category: topSource: thehindubusinesslineJan 16th, 2018

Morgan Stanley just announced its 2018 managing director promotions (MS)

Reuters Morgan Stanley just announced a 153 new managing director promotions. The position at the investment bank is among the most coveted on Wall Street.  Morgan Stanley announced Thursday .....»»

Category: topSource: businessinsiderJan 11th, 2018

Indian-origin banker Ravi Menon named best governor of Asia Pacific

Ravi Menon is managing director of Singapore's central bank Monetary Authority of Singapore.....»»

Category: topSource: business-standardJan 4th, 2018

UK Central Bank Mulls Cryptocurrency Linked To Pounds Sterling

A research unit at the Bank of England is reportedly investigating the introduction of a cryptocurrency linked to pounds sterling......»»

Category: forexSource: coindeskJan 2nd, 2018

Karnataka Bank business turnover crosses ₹1 lakh cr

Karnataka Bank has surpassed a business turnover of ₹1 lakh crore. Quoting Mahabaleshwara MS, Managing Director and CEO of the bank, a press release said here on Thursday that Karnataka Bank, whi........»»

Category: topSource: thehindubusinesslineDec 28th, 2017

Karnataka Bank crosses Rs 1 lakh cr business

Karnataka Bank has surpassed a business turnover of Rs 1 lakh crore. Quoting Mahabaleshwara MS, Managing Director and Chief Executive Officer of the bank, a press release said here on Thursday tha........»»

Category: topSource: thehindubusinesslineDec 28th, 2017

Customers are moving away from cash to digital: Axis Bank"s Rajiv Anand

Interview with Rajiv Anand, Executive director & head of retail, Axis Bank.....»»

Category: topSource: business-standardDec 24th, 2017

ED files charge sheet against tycoon Gagan Dhawan in Rs 5,000 cr PMLA case

The ED had alleged that Dhawan had facilitated the directors of Sterling Biotech in the purchase of several properties.....»»

Category: topSource: business-standardDec 23rd, 2017

Airtel Payments Bank head Shashi Arora quits

Airtel Payments Bank Managing Director and CEO Shashi Arora has resigned in the wake of the firm’s eKYC licence suspension by Aadhaar-issuing body UIDAI. “Shashi has decided to move on to pursue op........»»

Category: topSource: thehindubusinesslineDec 22nd, 2017

AP CM to open KVB’s 101st Foundation Day celebration on Saturday

Andhra Pradesh Chief Minister N. Chandrababu Naidu is going to inaugurate the 101st foundation day celebration of Karur Vysya Bank in Vizag Conventions hall on Saturday morning, according to P.R Sesh........»»

Category: topSource: thehindubusinesslineDec 15th, 2017

Morgan Stanley fires former lawmaker for misconduct

NEW YORK (Reuters) - Morgan Stanley has fired former U.S. Democratic lawmaker Harold Ford, Jr., a managing director at the Wall Street bank, for inappropriate conduct, a spokeswoman said on Thursday......»»

Category: topSource: reutersDec 7th, 2017

Except graft, India didn"t improve on any WB governance indicator in 10 yrs

India improved its ranking by 13 positions over the decade to 2016, moving to 111 from 124 among 214 regions on the World Bank's corruption indicator.....»»

Category: topSource: business-standardDec 5th, 2017

Venezuela arrests cousin of ex-oil czar in corruption probe

Venezuela's chief prosecutor says a cousin of former Venezuelan oil czar Rafael Ramirez has been arrested in an investigation into a series of accounts in an Andorran bank suspected of being used to launder about $1.6 billion......»»

Category: topSource: foxnewsDec 1st, 2017

Rs 5k-cr loan default case: ED raids 7 Delhi locations of Sterling Biotech

The Enforcement Directorate had registered a case against the firm and the Sandesara family under sections of PMLA.....»»

Category: topSource: business-standardNov 30th, 2017

PNB Housing Finance announces OFS of about 1 bn shares at Rs 1,325 apiece

Earlier this month, PNB Managing Director and Chief Executive Officer Sunil Mehta said the bank has a headroom to sell up to 9 per cent stake in the subsidiary......»»

Category: topSource: business-standardNov 27th, 2017