In the matter of Standard Chartered Bank Appellant Vs. Satish Kumar Gupta, R.P. of Essar Steel Ltd. & Ors. Respondents Date of the Judgment : 4th July, 2019.
Takeaway From the Judgment
(i) Whether...
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Finally, the day after Finance Minister Arun Jately led the idea to merge public sector Banks, the government on late night Monday announced the amalgamation of three Public Sector Banks - Bank...
On 30th June 2018, Banks Board Bureau (BBB) has released a recommendation list of 14 personages for the post of Managing Directors (MDs) and Chief Executive Officers (CEOs) in Public Sector Banks....
The Pune Economic Offence Wing (EoW) has arrested Ravindra Marathe, the MD and CEO of Bank of Maharashtra (BoM) for colluding with the DS Kulkarni Group by sanctioning and later siphoning off...
The finance ministry of India has started the process to consolidate Regional Rural Banks. The committee has decided to reduce the units of regional banks to 38 from 56 at present. This process...
We are always advised by our respective Banks not to share our ATM Card or ATM PIN to anyone. In fact every alternate day we receive an alert message regarding this.
We too...
As an objective to reform Public Sector Banks, the finance ministry of India has appointed non-executive chairpersons at three PSU Banks namely Dena Bank, Central Bank of India and Punjab & Sind...
On 19 February 2018, Robbers broke into one of the branches of Union Bank of India in Kanpur by using a gas cutter and drilling a hole in the wall. They further...
India's second biggest Public Sector Unit, Punjab National Bank detected fraud transactions worth Rs.11,400 crore ($1.77 billion) at one of its Mumbai Branches. This is one of the biggest transaction frauds ever.
How...
