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JAIPRAKASH NARAYAN NAGARI SAHAKARI BANK
The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
Supreme Court seeks govt, RBI response to plea for audit of banks' realty exposureThe Supreme Court has asked the government and the Reserve Bank of India for their response to a petition that wants banks' dealings with r...
SC seeks Centre, ED responses on plea alleging Rs 14,000 crore diversion in Noida, Yamuna Expressway housing projectsThe Supreme Court has issued notices to the Centre, Enforcement Directorate, RBI, Uttar Pradesh authorities, and several real estate firms....
Fix the ABC of IBC: Why we should re-engineer the bankruptcy code furtherThe recent litigation around Jaypee has once again unleashed a raging debate over arbitrary decision-making by financial creditors, lack of...
Money laundering case: Court sends 'godman' Ashok Kharat in judicial custodySelf-styled godman Ashok Kharat has been sent to 14-day judicial custody. He faces money laundering charges involving over Rs 47 crore. The...
Adani Group pays Rs 6,000 crore to Jaiprakash lenders in first tranche of Rs 14,535 crore planAdani Group has made a significant payment of ₹6,000 crore to lenders of Jaiprakash Associates. This marks the first installment of a ₹14,5...
Dalmia Bharat nears deal for JAL cement assets after Adani insolvency takeover: sourcesDalmia Bharat is set to acquire Jaiprakash Associates' cement assets for over Rs 2,500 crore. This follows Adani Group's acquisition of Jai...
RBI imposes restrictions on Etawah-based Nagar Sahakari Bank for 6 monthsThe Reserve Bank of India has placed restrictions on Etawah-based Nagar Sahakari Bank. Customers can withdraw a maximum of Rs 10,000. The b...
NCLAT dismisses Vedanta's plea against Adani's Jaiprakash bidA company law appeals court has rejected Vedanta Ltd's challenge to Gautam Adani's group winning bid for bankrupt firm Jaiprakash Associate...
Bhatpara Assembly Election 2026: Amit Gupta vs Pawan Kumar Singh, who is winningBhatpara Election Results 2026 News: Bhatpara, a key West Bengal constituency, is set for a sharp electoral battle. The Bharatiya Janata Pa...
Tribal man who carried sister’s skeleton to bank in Odisha was made to walk 3 km to re-bury remains, claims BJD leaderA tribal man in Keonjhar, Odisha, carried his sister's skeleton to a bank to withdraw funds. He was allegedly asked for proof of death. The...
RBI imposes penalty on Ebix Payment Services, 2 others over non-complianceThe Reserve Bank of India has taken action against Ebix Payment Services, Dr Babasaheb Ambedkar Nagari Sahakari Bank, and Hardoi Jilla Sahk...
RBI cancels licence of Jai Prakash Narayan Nagari Sahakari BankOn liquidation, every depositor would be entitled to receive a deposit insurance claim amount of his/her deposits up to a monetary ceiling ...
RBI imposes penalty on 13 cooperative banksThe maximum penalty of Rs 4 lakh has been imposed on Shri Kanyaka Nagari Sahakari Bank, Chandrapur, and Rs 2.50 lakh fine on The Vaidyanath...
DICGC to make payments in October to depositors of 17 co-op banks facing RBI restrictionsThe Reserve Bank of India (RBI) had imposed several restrictions, including on withdrawals, by depositors of 17 cooperative banks in July i...
RBI imposes restrictions on 3 co-op banksIn another statement, it said that depositors of The Karmala Urban Co-operative Bank, Solapur, can only withdraw up to Rs 10,000 from their...
- RBI cancels Nagari Audyogik Sahakari Bank Niyamit's licence
RBI today cancelled the licence of Solapur-based Nagari Audyogik Sahakari Bank Niyamit due to financial insolvency.
- RBI imposes Rs 5 lakh penalty on Maha-based cooperative bank
The Reserve Bank said it has imposed Rs five lakh penalty on Maharashtra-based cooperative lender Dwarakadas Mantri Nagari Sahakari Bank fo...
- RBI cancels license of Sant Janabai Nagari Sahakari Bank
The Reserve Bank of India on Wednesday said it has cancelled the license of Maharashtra-based Sant Janabai Nagari Sahakari Bank, as it had ...
- RBI cancels licence of Maharashtra-based bank
The Reserve Bank of India (RBI) has cancelled the licence of Purna Nagari Sahakari Bank Limited in Parbhani district of Maharashtra.