A Fixed Deposit (FD) account is a financial product where an investor deposits a lump sum of money for a predetermined period, and the interest rate remains fixed throughout the duration of the deposit.
Noida news: FIR in the matter was lodged at the Sector 24 Police Station at the complaint of a representative from the bank, who alleged fraud of around Rs 28.07 crore by Rahul Sharma, assistant manager at the bank's Sector 22 branch.
So far, 170 police complaints have been filed and the police are in the process of ascertaining the extent of loss to the depositors.
The Reserve Bank on Monday came out with modified guidelines that allow sound private sector banks to undertake government business, whether at the Centre or in states.
Amid bank strike over the proposed privatisation of the public sector banks, Union Minister Nirmala Sitharaman on Tuesday said not all banks are going to be privatised adding the interests of the employees will be taken care of.
The Reserve Bank of India (RBI) has asked state governments not to transfer their deposits out of private sector banks saying apprehensions about the safety of deposits in private lenders are highly misplaced.
The regulator said if the variable pay is up to 200 percent of the fixed pay, at least 50 percent of it should be in non-cash, and if the variable pay is above 200 percent, 67 percent of it should be paid via non-cash instruments.
banks are not taking any chances in reporting “suspicious” transactions with some of the private banks reporting an increase of up to 10 times.
Three armed motorcycle-borne robbers looted about Rs 24 lakh from two branches of a private bank here, police said today.
New Delhi: In a landmark judgement, the Supreme Court has expanded the scope of Prevention of Corruption Act, bringing all private bank employees under the ambit of the anti-graft law, which had so far been
Kolkata: City-headquartered Bandhan Bank on Sunday became the first universal private bank in eastern India to begin its journey post independence with 1.43 crore accounts in place and a loan book of Rs.10,500 crore backed
New Delhi, Mar 14 : The country's three largest private banks were today accused of indulging in money laundering both within and outside with an online portal claiming that a. sting operation conducted by it
New Delhi, Mar 10: Concerned over large complaints against private sector and foreign banks, Finance Minister Pranab Mukherjee today asked them to focus on improving customer service.“It is heartening to know that as per the
Top News
Latest News
