central bank of india

Central Bank plans JV or subsidiary to enter Mozambique


August 10th, 2012 - 8:14 pm ICT by IANS
Kolkata, Aug 10 (IANS) State-run Central Bank of India is planning to form a joint venture with the Punjab National Bank (PNB) or set up a wholly-owned subsidiary to enter ... Read more...

Posted in World |

Noted radio commentator Suresh Saraiya dies


July 19th, 2012 - 1:24 am ICT by IANS
Mumbai, July 18 (IANS) Suresh Saraiya, well-known cricket commentator on radio, died following a heart attack Wednesday evening. He was 76 and survived by daughter Neeta.Saraiya was popular commentator ... Read more...

Posted in Entertainment |

Four bank employees jailed for Rs.1.7 crore fraud


December 26th, 2011 - 8:07 pm ICT by IANS
Mumbai, Dec 26 (IANS) Four former Central Bank of India officials have been sentenced to imprisonment with terms varying from five to six years by a Mumbai CBI Special Court ... Read more...

Posted in Uncategorized |

M.V. Tanksale is new CMD of Central Bank Of India


June 29th, 2011 - 6:14 pm ICT by IANS
Mumbai, June 29 (IANS) Veteran banker M.V. Tanksale took over as the new chairman-cum-managing director of the state-owned Central Bank of India here Wednesday, an official said.Prior to this, Tanksale ... Read more...

Posted in Business |

Robbers decamp with Rs.8 lakh in daring bank heist


April 11th, 2011 - 2:52 pm ICT by IANS
Jalgaon (Maharashtra), April 11 (IANS) In a daring daylight heist, armed robbers struck at a Central Bank of India branch here, decamping with around Rs.830,000 in cash after shooting at ... Read more...

Posted in Uncategorized |

Three held for black marketing India-Pakistan match tickets (Lead)


March 27th, 2011 - 8:15 pm ICT by IANS
Chandigarh, March 27 (IANS) Chandigarh Police Sunday arrested three men for attempting to black-market tickets of the India-Pakistan cricket World Cup semifinal at Mohali May 30, police said here.Hemant Kumar, ... Read more...

Posted in Sports |

Sound banking system needed for financial stability: Pranab


March 27th, 2011 - 5:48 pm ICT by IANS
Mumbai, March 27 (IANS) A sound and resilient banking sector, well-functioning financial markets, robust liquidity management and payment and settlement infrastructure have become the pre-requisites for financial stability, union ... Read more...

Posted in Business |

Govt., RBI working to lower banking costs, expand reach: Mukherjee


March 27th, 2011 - 4:42 pm ICT by ANI
Mumbai, Mar 27 (ANI): Expressing concern over the fact that bank penetration is limited to only a few customer segments and geographies, Union Finance Minister Pranab Mukherjee on Sunday said that ... Read more...

Posted in National |

One held for black marketing India-Pakistan match tickets


March 27th, 2011 - 11:43 am ICT by IANS
Chandigarh, March 27 (IANS) A department store owner was arrested here for black marketing tickets of the crucial India-Pakistan World Cup semifinal match to be held at Mohali. He was ... Read more...

Posted in Sports |

Wipro-Canara Bank ink rural banking deal


March 10th, 2011 - 10:43 pm ICT by IANS
Bangalore, March 10 (IANS) Global software major Wipro Infotech Thursday signed a five-year deal with state-run Canara Bank to implement its regional rural bank initiative.To begin with, the IT bellwether ... Read more...

Posted in Business |

Help at hand for young entrepreneurs


March 1st, 2011 - 11:40 am ICT by IANS
By Ritika Jha Chandigarh, March 1 (IANS) For those struggling to establish small and medium-scale businesses, there is good news. Hands-on financial and technical aid will be made available to budding entrepreneurs in ... Read more...

Posted in Business |

Who’s coming to Mohali for World Cup? Not fans


February 25th, 2011 - 10:55 am ICT by IANS
By Alkesh Sharma Mohali (Punjab), Feb 25 (IANS) The top class PCA Stadium here always sees a rush of spectators for international matches. But surprisingly, not even 1,000 tickets have been sold in ... Read more...

Posted in Sports |

Police told to give Mumbai woman her ‘dowry’ money


February 16th, 2011 - 12:18 am ICT by IANS
Mumbai, Feb 15 (IANS) In a dowry harassment case, a Mumbai sessions court has ordered the city police to give to a woman Rs.6 lakh seized from her estranged husband, the woman's ... Read more...

Posted in Uncategorized |

Banks need to support a vibrant, inclusive economy: President Patil


December 23rd, 2010 - 6:03 pm ICT by ANI
Mumbai, Dec 23 (ANI): President Pratibha Devisingh Patil on Thursday said banks will have to play a pivotal role in India's growth story, and added that the first priority for lenders should ... Read more...

Posted in National |

Make banking available to all: Pratibha Patil


December 23rd, 2010 - 4:01 pm ICT by IANS
Mumbai, Dec 23 (IANS) President Pratibha Patil Thursday said the first priority of the Indian banking system must be to support a vibrant and inclusive economy and pointed out that only ... Read more...

Posted in Politics |

RBI examining housing scam loan accounts


December 9th, 2010 - 8:44 pm ICT by IANS
Kolkata, Dec 9 (IANS) The Reserve Bank of India (RBI) is scrutinising the loan accounts involved in the recent housing finance scam, the bank's chief said here Thursday."We have got information from ... Read more...

Posted in Business |

Pranab Mukherjee says investors’ money safe from insurance scam


November 30th, 2010 - 5:05 pm ICT by ANI
New Delhi, Nov.30 (ANI): Union Finance Minister Pranab Mukherjee said on Tuesday investors' money is safe from the recent insurance scam.Interacting with mediapersons on the sidelines of a conference here, Mukherjee ... Read more...

Posted in National |

Investors’ money in banks is safe: Pranab


November 30th, 2010 - 2:08 pm ICT by IANS
New Delhi, Nov 30 (IANS) Stating that investors' money in banks was safe, Finance Minister Pranab Mukherjee said Tuesday that the government would take appropriate action if it finds any irregularities ... Read more...

Posted in Business |

Sensex continues to bleed on loan scandal (Weekly Market Review)


November 27th, 2010 - 5:39 pm ICT by IANS
Mumbai, Nov 27 (IANS) A benchmark index of Indian equities markets shed 449 points this week, taking the last three weeks' loss to 1,868 points as 2G spectrum allocation scan and ... Read more...

Posted in Business |

Loan scam a case of graft, not fraud: CBI


November 26th, 2010 - 9:48 pm ICT by IANS
Mumbai, Nov 26 (IANS) The alleged loan scam that resulted in the arrest of senior officials in some banks and financial institutions are individual cases of graft and not fraud, the ... Read more...

Posted in Business |

Loan scam continues to cast a shadow, Sensex drops 181 points (Roundup)


November 26th, 2010 - 6:45 pm ICT by IANS
Mumbai, Nov 26 (IANS) A benchmark index of Indian equities markets Friday closed 181 points lower as selling continued, especially in real estate stocks, over the bribery scam involving senior officials ... Read more...

Posted in Business |

Sensex pares intra-day losses, realty stocks hammered (Lead)


November 26th, 2010 - 2:59 pm ICT by IANS
Mumbai, Nov 26 (IANS) A benchmark index of Indian equities markets Friday pared its intra-day losses, though real estate stocks continued to see heavy selling over the bribery scam involving senior ... Read more...

Posted in Business |

Beneficiaries of housing loans under probe agency scanner


November 25th, 2010 - 8:09 pm ICT by IANS
Mumbai, Nov 25 (IANS) A day after nabbing top officials of state-run banks and financial institutions, the Central Bureau of Investigation Thursday turned the heat on several alleged beneficiaries of what it ... Read more...

Posted in Business |

Loan scam dubbed one-off graft case but full review ordered (Roundup)


November 25th, 2010 - 7:11 pm ICT by IANS
New Delhi, Nov 25 (IANS) Even as policymakers Thursday sought to downplay the arrest of some top officers of banks and institutions in an alleged loan scam, Finance Minister Pranab Mukherjee ... Read more...

Posted in Business |

Mukherjee calls for review of graft-hit financial system


November 25th, 2010 - 6:40 pm ICT by IANS
New Delhi, Nov 25 (IANS) A day after India's premier investigative agency arrested eight officials of banks and financial institutions for allegedly taking bribes to give loans, Finance Minister Pranab ... Read more...

Posted in Business |

Sensex closes 141 points lower as bribery scam jitters persist (Roundup)


November 25th, 2010 - 6:36 pm ICT by IANS
Mumbai, Nov 25 (IANS) A benchmark index of Indian equities markets Thursday closed 141 points lower as traders continued to be jittery over a bribery scam in leading realty financing companies ... Read more...

Posted in Business |

‘Housing finance racket a graft case, not banking scam’


November 25th, 2010 - 6:24 pm ICT by IANS
New Delhi, Nov 25 (IANS) Top policy makers and bankers Thursday sought to underplay the arrest of senior officials of some financial institutions and banks, saying they were but isolated cases ... Read more...

Posted in Business |

Sensex pares early gains; realty, banking stocks under stress (Lead)


November 25th, 2010 - 3:05 pm ICT by IANS
Mumbai, Nov 25 (IANS) A benchmark index of Indian equities Thursday gave up its morning gains as selling intensified in realty and banking stocks, a day after the Central Bureau of ... Read more...

Posted in Business |

CEO’s arrest may hit future plans of LIC Housing Finance


November 25th, 2010 - 12:07 am ICT by IANS
Chennai, Nov 24 (IANS) The arrest of LIC Housing Finance Limited's CEO Ramachandran Nair by India's federal probe agency Wednesday would be a setback for the company's ambitious plans of floating a ... Read more...

Posted in Business |

Top bank officers nabbed for housing finance scam (Lead)


November 24th, 2010 - 7:58 pm ICT by IANS
Mumbai/New Delhi, Nov 24 (IANS) Top officers of some state-run banks and financial institutions were arrested by India's federal probe agency Wednesday for allegedly accepting bribes to extend loans to corporate ... Read more...

Posted in Business |

CBI arrests top bank officers for loan scam


November 24th, 2010 - 7:42 pm ICT by ANI
New Delhi, Nov 24 (ANI): The Central Bureau of Investigation (CBI) on Wednesday took into its custody eight people including senior executives of different banks, whose executives gave loans to private builders ... Read more...

Posted in National |

Top bank officials arrested on alleged graft charges


November 24th, 2010 - 7:04 pm ICT by IANS
Mumbai, Nov 24 (IANS) At least eight top officers of some state-run banks and financial institutions were arrested by India's federal probe agency Wednesday for allegedly accepting bribes to extend loans ... Read more...

Posted in Business |

Housing scam pulls down Sensex (Roundup)


November 24th, 2010 - 7:04 pm ICT by IANS
Mumbai, Nov 24 (IANS) A benchmark index of Indian equities closed a volatile trading day Wednesday 231 points lower as reports of a housing scam involving major housing finance institutions and ... Read more...

Posted in Business |

India’s central bank to review monetary policy Tuesday


October 29th, 2010 - 5:22 pm ICT by IANS
Mumbai, Oct 29 (IANS) The Reserve Bank of India (RBI) will conduct its quarterly review of the monetary policy for this fiscal Tuesday amid hopes that policy rates, already hiked five ... Read more...

Posted in Business |

Indian currency please! (Games Sidelights)


October 3rd, 2010 - 7:42 pm ICT by IANS
New Delhi, Oct 3 (IANS) From flowers to souvenirs, visitors are spoilt for choice when it comes to shopping at the Commonwealth Games Village, but there's a catch. They can do so ... Read more...

Posted in Uncategorized |

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