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RBI OFFICERS HEIST
SpaceX seeks satellite broadband licence; RBI flags risk from Big Tech's links to Big MoneyLast year, SpaceX was forced to refund Indians from whom it had collected pre-order fees for its satellite broadband service after the Depa...
18 Oct, 2022, 07.21 PM IST
Why the PNB version of one rogue mind behind the $1.8 billion scam is difficult to digestNo collateral was taken from Modi, who has now left the country with PNB still owing the sums to other Indian financial institutions.
22 Feb, 2018, 02.25 PM IST
How the $1.8 billion PNB fraud lasted 7 yearsRBI had sensed a danger to its own banking system the moment it was revealed that hackers had infiltrated Bangladesh central bank's compute...
21 Feb, 2018, 05.04 PM IST
View: RBI needs to make an example out of guilty banksPundits are asking why RBI’s audits didn’t pick up anything. But there’s a larger question: no regulation works if the regulator isn’t fear...
20 Feb, 2018, 08.57 AM IST
ICICI Bank-led consortium appoints auditor for probe in to money laundering by Mehul Choksi companiesThe auditor has been asked to carry out a probe into transactions between Gitanjali Gems and its group companies and overseas suppliers of ...
19 Feb, 2018, 08.19 AM IST
Your credit data is at risk as hackers seek to bully startupsMost companies, particularly small businesses, may be clueless about the enormity of a problem or assess the seriousness of a threat.
16 Aug, 2017, 07.55 AM IST
Rs 5.8cr gone in India’s great train robberyThe RBI had booked the coach to transport soiled currencies worth Rs 342 crore in 226 boxes. Four of them were found to have been prised op...
10 Aug, 2016, 11.09 AM IST
RBI appoints Nandkumar Sarvade as head of its IT subsidiaryRBI had last month announced the setting up of a separate information technology subsidiary to strengthen its cyber security preparedness i...
04 Jun, 2016, 04.55 AM IST
Indian banking on alert after $81 million stolen from Bangladesh's central bankA high-level government official has communicated the security establishment’s concerns to RBI, urging the central bank to be cautious.
31 Mar, 2016, 05.06 AM IST
With rising crime, banks emerge as biggest buyers of civilian firearmsPvt banks are managing with a mix of 'on-the-roll' security and 'on contract' guards, and PSU banks are hiring ex-servicemen or trained arm...
08 Aug, 2015, 01.16 PM IST