BANKING

  • Pay Rs 20 for using ATM over 5 times a month 1 hour 53 minutes ago

    New Delhi: Using ATMs to withdraw money or for other purposes like balance enquiry beyond five times in a month will attract a levy of Rs 20 per transaction from Saturday. As per the Reserve Bank's new guidelines that comes into force from Saturday, bank customers in six metros-- Delhi, Mumbai,...
  • ATM cut open, Rs 14.50 lakh looted in Agra Yesterday

    Agra: Unidentified robbers looted an ATM of the Punjab National Bank, near Rohta crossing on Gwalior road on Thursday morning. The ATM was cut open with a gas cutter. Sadar thana police said the CCTV camera had been damaged by the robbers. Branch manager A.K. Agarwal said the ATM had Rs 14.50 lakhs,...
  • Switzerland remains largest offshore financial centre Yesterday

    Geneva: A huge global pressure to break secrecy veils of Swiss banks notwithstanding, Switzerland remains the world's largest offshore financial centre with client assets totalling over USD two trillion, a new study said. Besides the country is expected to remain "the biggest offshore centre for private banking in 2018," with...
  • News 360: Air India violates DGCA flying duty hours norms for crew 3 days ago

    In the news yet again for wrong reasons, India's state air carrier Air India has been accused of flouting civil aviation guidelines and putting lives of hundreds of passengers at risk everyday. ...
  • Black money: Supreme Court raps Centre, demands all names by tomorrow 3 days ago

    New Delhi: Taking a tough stand on the black money case, the Supreme Court on Tuesday directed the Central Government to disclose the names of all the account holders by Wednesday. The Supreme Court pulled up the Centre for seeking modification of its order on black money on disclosing names of...
  • Sonipat: Burglars dig 80 feet tunnel to break into a bank, steal crores 3 days ago

    Sonipat: A shocking heist in Haryana has left police officers stumped as the burglars dug a 80 feet tunnel to break into a Punjan National Bank in Sonipat. Burglars have stolen crores of rupees and valuables from 90 lockers. The incident came to light on Monday morning when the bank was opened...
  • Analysis: Government's decision to sack chiefs of six PSU banks 4 days ago

    The Narendra Modi government has sacked the heads of six Public Sector Unit banks. The move comes after the Chairman of Syndicate Bank was arrested on bribery charges in August. CNBC-TV 18 Editor Latha Venkatesh analyses government's decision to sack chiefs of six PSU banks. ...
  • Hearing of black money case in Supreme Court today 4 days ago

    New Delhi: The Supreme Court will continue hearing the black money case on Tuesday, a day after the Centre provided names of three people who allegedly have black money accounts in foreign banks. It will be interesting to see if the Supreme Court buys Centre's argument of not providing...
  • Modi government sacks CMDs of 6 PSU banks after finding irregularities, scraps selection process 4 days ago

    New Delhi: The Narendra Modi government has sacked the heads of six Public Sector Unit banks. The move comes after the Chairman of Syndicate Bank was arrested on bribery charges in August. A high-level panel report submitted to the government stated that there were irregularities in the selection process of the...
  • Will we ever find out names of political beneficiaries? In the black money debate? 4 days ago

    The central government on Monday revealed the names of three people who have black money stashed abroad in its affidavit to the Supreme Court. ...
  • Government to name those having prosecutable case: FM on black money 4 days ago

    New Delhi: Government will make public names of only those people against whom there is a prosecutable case in connection with tax evasion through offshore accounts, Finance Minister Arun Jaitley said on Monday, amid the Congress asking for disclosure of all names of black money holders. "We will disclose only those...
  • Black money: Modi government faces criticism over 'selective revelation' of account holders' names 4 days ago

    New Delhi: Even as the Narendra Modi government took another U-turn and disclosed the names of three black money account holders to the Supreme Court on Monday, questions are being raised about its intent to bring back black money stashed in foreign banks. As the Centre revealed the names of...
  • Palestinians barred from Israeli West Bank buses: Report 5 days ago

    Jerusalem: Palestinians will be effectively banned from riding the same buses as Israeli settlers in the West Bank, local media said, with a rights group slamming the plan as "racial segregation". Hundreds of Palestinians travel each day to work in Israel from the occupied West Bank, mainly in the construction...
  • Black money case: Jaitley hiding the truth to show PM Modi in poor light, claims Jethmalani in letter 1 week ago

    New Delhi: Former BJP member and Supreme Court advocate Ram Jethmalani has written a letter to Finance Minister Arun Jaitley accusing him of not taking effective steps to bring back black money. Jethmalani in his letter to the Finance Minister slammed his argument that the names of black money account holders...
  • Guinea offers USD 10,000 to families killed by Ebola October 23, 2014

    Conakry: The families of every Guinean health worker who has died in the Ebola outbreak will be compensated for their loss with USD 10,000 (7,800 euros), the government has said. A total of 42 families are currently eligible for the payout, said Sakoba Keita, the minister in charge of the...
  • Widows of Vrindavan begin Diwali celebrations on Yamuna banks October 21, 2014

    Vrindavan: The widows of Vrindavan lit hundreds of earthen lamps at the banks of Yamuna as they began their three-day Diwali celebrations through which they intend to spread awareness about the need for the river's cleanliness. They marched towards the river bank in a procession carrying lighted colourful 'diyas' (earthen lamps)...
  • RBI redistributes work among Deputy Governors October 21, 2014

    Mumbai: The Reserve Bank, which is in the process of restructuring some of its departments, redistributed work among its four Deputy Governors. It said that consequent on reorganisation of the departments/work areas in the Reserve Bank effective on November 3, 2014, the portfolios of the Deputy Governors has been redistributed....
  • Andy Murray beats Ferrer in Vienna to win 30th title October 20, 2014

    Vienna: Andy Murray continued his recent resurgence by winning his second title in three weeks at the Erste Bank Open on Sunday and boosting his chances of making the cut for the ATP finals. The 11th-ranked Murray rallied to defeat David Ferrer 5-7, 6-2, 7-5 in a dramatic finish. The Scot...
  • Prakash Javadekar leads bank employees' delegation to meet Finance Minister October 18, 2014

    New Delhi: Representatives of bank employees headed by Union Minister Prakash Javadekar on Saturday met Finance Minister Arun Jaitley for early settlement of wage revision negotiations. Javadekar said the Finance Minister assured the delegation that he would look into the matter and the settlement process would be expedited. The delegation's meeting with...
  • SBI says most of Hudhud-hit branches in Andhra now operational October 18, 2014

    Mumbai: State Bank of India said it has restored normal operations at almost all the 225 branches affected by the cyclone 'Hudhud' in Andhra Pradesh. "Of the 225 branches in the affected districts of Visakhapatnam, Vijaynagaram and Srikakulam, as many as 195 branches have been brought to normal as of...
  • Black money: Refusal to declare names of account holders disillusions BJP supporters October 18, 2014

    New Delhi: The Narendra Modi government's promise to bring back black money stashed abroad, is now veering uncomfortably close to the UPA government's line. The Centre told the Supreme Court on Friday that it cannot disclose details given by countries with which India has a double taxation avoidance agreement. Finance...
  • Opening account in foreign bank is not crime: Attorney General Mukul Rohatgi October 17, 2014

    New Delhi: With the Modi government facing the arduous task of fulfilling its promise of getting back black money stashed abroad, Attorney General Mukul Rohatgi today said all amounts deposited in foreign banks by Indian citizens can't be termed as black money and that it is not a crime to...
  • UN's $1 billion Ebola fund gets deposit of just $100,000 so far October 16, 2014

    United Nations: A United Nations trust fund, seeking $1 billion to fight Ebola in West Africa, has received a deposit of just $100,000 nearly a month after it was set up to allow for rapid, flexible funding of the most urgent needs on the ground. As of Thursday, $365 million had...
  • Swiss will examine India's request for banking information on priority basis October 16, 2014

    In a major breakthrough in India's fight to bring back black money stashed abroad, Switzerland said it will examine India's requests for banking information on a priority basis. ...
  • SBI growing with India-Singapore trade partnership, says chief executive Anil Kishora October 13, 2014

    Singapore: State Bank of India (SBI) said it is playing an important role in the celebrations to mark the 50th year of India-Singapore diplomatic relations. "We are an integral part of the Singapore ecosystem and will continue to be involved in the run-up to the celebrations in 2015," SBI country...
  • World Bank keen on funding Andhra Pradesh Buddhist circuit: CM Naidu October 11, 2014

    Hyderabad: Making tourism one of its key focus areas in its services sector mission, Andhra Pradesh government said on Saturday that the World Bank is keen on funding the state's 'Buddhist circuit'. Andhra Pradesh Chief Minister N Chandrababu Naidu said that proposals to develop tourist circuits would be invited and...
  • Would love to work with Kapil Sharma one day, I'm a huge fan: Riteish Deshmukh October 9, 2014

    Mumbai: Riteish Deshmukh has started shooting for 'Bank Chor' which sees him as a common man who turns into a bank robber, a role which was initially to be played by stand-up comedian Kapil Sharma. He says he is a huge fan of the latter and would love to work...
  • Vivek Oberoi, Riteish Deshmukh begin 'Bank Chor' shoot at Mehboob Studio October 9, 2014

    Mumbai: After the "Masti" franchise, Riteish Deshmukh has teamed up with Vivek Oberoi for "Bank Chor" and currently they are busy shooting for the film in a studio here. He says they share "a great chemistry". A huge bank set has been put up in Mehboob Studio here for the film,...
  • World Bank sees financial impact of Ebola at as much as $32.6 billion in Africa October 8, 2014

    Geneva: The regional impact of West Africa's Ebola epidemic could reach $32.6 billion by the end of 2015 if it spreads significantly beyond the worst-hit countries of Guinea, Liberia and Sierra Leone, the World Bank said on Wednesday. "The enormous economic cost of the current outbreak to the affected countries and...