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INLAND LETTERS OF CREDIT
Rs 48.06 cr alleged fraud in Union Bank: CBI searches premises of Swastic Coppers Pvt LtdThe CBI conducted searches at five locations in Jaipur related to Swastic Coppers Pvt Ltd and its directors, in connection with an alleged ...
SBI approves Rs 110 crore loan to AMSL for new project in TelanganaInfrastructure solutions provider AMSL has received a Rs 110 crore loan from the State Bank of India (SBI) for its Hyderabad project. The f...
Associate High-Pressure Technologies' chairman arrested in money laundering case by EDThe Directorate of Enforcement (ED) arrested Manoharlal Satramdas Agicha Chairman of Associate High-Pressure Technologies Private Limited (...
ED arrests AHPTPL chairman in bank fraud caseThe Enforcement Directorate (ED) on Sunday said that it has arrested Manoharlal Satramdas Agicha Chairman of Associate High Pressure Techno...
PSUs have their own strengths. 4 large cap PSU stocks with an upside potential of up to 33%At a time when interest rates are at elevated levels, PSU stocks have an advantage. Of all the PSU stocks, which our algorithms come up wit...
PSU’s have their own strengths, 4 large cap PSU stocks with an upside potential up to 34%At a time when interest rates are rising PSU stocks have an advantage. Of all the PSU stocks, which our algorithms come up with, we took PS...
How to issue bill of lading and why it is important in exportsA BOL contains information such as details of the shipping line, the pick-up date, name of the vessel used for transport, details of the go...
SGX Nifty down 20 points; here's what changed for market while you were sleepingAsian stock markets were trading mixed in early trade, as investors stayed on the sidelines ahead of the US Federal Reserve's meeting. MSCI...
15 banks to start new trade finance system using blockchain techBankers said that the new system will verify data using invoices on goods and services tax (GST) and e-way bills which will quicken transac...
CESL to procure 300 electric vehicles from Tata MotorsThe tender will be implemented in two schedules - under the first schedule, 300 cars with 3 year-warranty (4 wheelers with less than 4M len...
‘Not a post office’: What does law minister want to convey to SC collegium?Prasad was signalling to the CJI-headed collegium comprising senior SC judges that the law minister and the ministry would no longer just r...
Corporate banks in a world of painBeing able to identify the intentions of a promoter to run the business, or to bleed it dry, makes the case for a successful corporate bank.
PNB went to CBI 4 days after stumbling upon Rs 11,394.02 crore fraudAfter stock exchanges sought clarifications on the fraud, PNB in a late night filing detailed the sequence of events behind the massive fra...
Liquidity crunch: SBI stops discounting LCs issued by other banksSBI has directed its offices to stop discounting letters of credit (LC) other than those opened by SBI and its associate banks.
Iran to include Indian tea in top import listTea Board of India has now decided to promote Indian tea in tier-II cities of Iran.
- Nath steps in to hasten relief for exporters
The delay in notification of service tax exemption for exporters has prompted Kamal Nath.
- NE states seek measures to combat spread of insurgency
All North Eastern states, including Sikkim, on Saturday sought immediate measures to check the spread of insurgency and infrastructure deve...