Bank Scam
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New India Co-operative Bank fraud: Wanted accused Kapil Dedhia arrested, in custody till March 19
Business | Mar 15, 2025, 08:08 PM ISTKapil Dedhia also received money from Unnathan Arunachalam, another wanted accused in the case, and prime accused Hitesh Mehta, the bank’s former general manager and head of accounts.
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New India Cooperative Bank scam: Ex-directors claim unaware of Rs 122 cr fund embezzlement
Business | Mar 03, 2025, 10:03 PM ISTThese directors have claimed they had no role in the alleged fraud which came to light last month, they said. The Mumbai Police's Economic Offences Wing (EOW), probing the alleged illegal withdrawal of Rs 122 crore from the bank's treasury.
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New India Co-Operative bank scam: Lie detector test to be conducted on main accused Hitesh Mehta
Maharashtra | Mar 02, 2025, 12:55 PM ISTThe EOW will conduct a lie detector test on Hitesh Mehta, the primary accused in the Rs 122 crore New India Cooperative Bank scam, following court approval, while investigations continue into the involvement of fugitive bank chairperson Gauri Bhanu and others.
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Mumbai bank scam: Maharashtra EOW makes second arrest in New India Cooperative Bank scam case
Maharashtra | Feb 16, 2025, 02:42 PM ISTThe case pertains to the syphoning off Rs 122 crore by the prime accused former General Manager Hitesh Mehta. After complaints, the RBI imposed transaction restrictions and EOW started a probe.
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Mumbai bank scam: New India Cooperative Bank scam accused Hitesh Mehta brought to Mumbai court
Maharashtra | Feb 16, 2025, 11:33 AM ISTHitesh Pravinchand Mehta, the former General Manager of the New India Cooperative Bank Limited, allegedly carried out a scam of Rs 122 crore from the two branches of the bank.
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Sensex surges 676 points, Nifty climbs 203 points
Business | May 16, 2024, 11:56 PM ISTBharti Airtel also made significant gains, climbing by 2.38% to Rs 1,342.95, amid expectations of tariff hikes post-general elections. Additionally, Tech Mahindra Ltd (TecM), Titan Company Ltd, and Infosys Ltd each recorded gains of over 2%.
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Maharashtra: Congress’ Sunil Kedar disqualified from Assembly after conviction in bank scam
Maharashtra | Dec 24, 2023, 04:12 PM ISTSenior Congress leader Sunil Kedar has been disqualified from Maharashtra legislative assembly after a court convicted him of misappropiration of funds at a bank in 2002.
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Indian Army onboards 11 banks for Agniveer salary package | Details
India | Oct 15, 2022, 11:42 PM ISTIn a bid to enhance entrepreneurial skills among Agniveers the banks have also offered loans to the exiting Agniveers.
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Congress demands CBI probe into Cooperative bank scam in Kerala
India | Jul 30, 2022, 06:12 PM ISTNoting that people who deposited their money in the bank were deeply anxious, the veteran leader said it was the responsibility of the government to protect and retain the credibility of the cooperative sector.
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Mehul Choksi has to be deported to India, Dominica Government tells court
News | Jun 03, 2021, 03:58 PM ISTThe Dominican government argued in court on Wednesday that Mehul Choksi -- the fugitive diamond trader wanted over the Rs 14,000 crore loan fraud at the Punjab National Bank -- be deported to India. The Dominican Public Prosecution Service has told the High Court that the petition filed by the 62-year-old is not maintainable and should not be heard. India will push for his early deportation, contending that he continues to be an Indian citizen.
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'Never met Mehul Choksi and his family': Dominica's LoP on bribery allegations
News | Jun 02, 2021, 06:17 PM ISTDominica's Leader of the Opposition Lennox Linton on June 2 clarified the allegations against taking bribery from Mehul Choksi's brother Chetan Choksi.
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'Please banks, take your money': Vijay Mallya offers to repay
Business | Feb 14, 2020, 12:21 PM ISTVijay Mallya, who is accused of owing over Rs 9,000 crore to Indian banks and has challenged his extradition once again asked the Indian banks to take back 100 per cent of the principal amount owed to them.
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PMC Bank scam: Two HDIL directors arrested, property attached
India | Oct 03, 2019, 06:31 PM ISTMumbai police on Thursday arrested two directors of the Housing Development Infrastructure Limited (HDIL) in the PMC Bank scam
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Cooperative bank scam: SC refuses to interfere with HC order for FIR against NCP's Ajit Pawar, others
India | Sep 02, 2019, 01:24 PM ISTThe Supreme Court on Monday refused to interfere with the Bombay High Court's direction for the police to register an FIR against NCP leader Ajit Pawar and over 70 others in the Maharashtra State Cooperative Bank scam, saying the investigation cannot be stopped.
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Got complaints about banks not sanctioning, delaying disbursement under PMAY(U)'s CLSS scheme: Govt
India | Jul 11, 2019, 10:23 AM ISTA grievance redressal mechanism has been put in place in the Ministry and at Central Nodal Agencies (CNAs) such as National Housing Bank (NHB) and Housing and Urban Development Corporation Ltd. (HUDCO), he said.
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UK confirms Nirav Modi's presence in Britain
India | Jun 11, 2018, 07:24 PM ISTNirav Modi and his uncle Mehul Choksi are being investigated by the Enforcement Directorate for allegedly cheating PNB, the country's second largest lender, to the tune of more than Rs 13,000 crore.
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Under the economist PM Manmohan Singh the entire banking system went haywire: RS Prasad
Politics | Mar 05, 2018, 06:18 PM IST -
Bank scams: Three fresh cases of financial fraud reported
Business | Feb 24, 2018, 02:12 PM ISTOn Thursday, the Central Bureau of Investigation registered a case against diamond jewellery exporter Dwarka Das Seth International for an alleged bank loan fraud to the tune of Rs 389.85 crore towards the Oriental Bank of Commerce.
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Chhattisgarh bank scam: Congress demands CBI probe
India | Sep 05, 2013, 04:03 PM ISTRaipur: Congress in Chhattisgarh today demanded a CBI inquiry into an alleged multi-crore cooperative bank scam of 2006 and today met Governor Shekhar Dutt in this regard.They also demanded to make Chief Minister Raman Singh