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South Indian Bank raises FCNR deposit rate to 6.5 pc after RBI swap windowSouth Indian Bank has boosted interest rates on US dollar deposits for Non-Resident Indians to 6.5% per annum for 3-5 year tenures. This mo...- CBI conducts searches in Kolkata in PNB fraud casesThe Central Bureau of Investigation (CBI) has conducted searches on Wednesday, at 8 locations in Kolkata, West Bengal, in connection with t...
- CBI raids 8 locations in Bengal in bank fraud casesThe Central Bureau of Investigation (CBI) has launched extensive operations throughout West Bengal, targeting bank fraud involving a stagge...
- SBI revises FCNR(B) interest rates up to 5.75%: NRIs, OCIs & POIs can earn more on these depositsFCNR(B) interest rates: The Reserve Bank of India's announcement to bear hedging costs for FCNR(B) deposits has prompted SBI to revise its ...
- CBI finds no evidence of corruption in case involving Nirav Modi; transferred to magistrateA special CBI court in Mumbai transferred a fraud case against Nirav Modi to a magistrate's court. The CBI stated that corruption charges a...
- The safe keepers: Inside India's booming locker economyIndia’s locker economy is booming amid rising gold prices and household wealth. While banks remain the preferred repository, private vault ...
- Insurer denies Rs 20 lakh life insurance claim over diabetes non-disclosure; woman fights back and wins; here’s whyA Delhi woman's Rs 20 lakh life insurance claim, denied due to alleged non-disclosure of diabetes and kidney diseases, was upheld by the St...
- Indian banks activate BCPs, shift West Asia staff to India amid Iran-US conflictIndian banks are taking steps to ensure the safety of their staff in West Asia. Some banks have already moved operations to India to manage...
- Mayuresh Joshi's top picks: Chemicals the dark horse, underweight on ITIndian markets delivered strong earnings, but opportunities vary. Autos show stable demand with input cost risks. Chemicals are a potential...
- Valor Estate shares rocket 30% in just 3 days. What’s behind the stellar surge?Valor Estate shares soared 10% after a Bombay High Court ruling settled a 40-year land title dispute in favour of its subsidiary. This posi...
- FCNR FD interest rates: SBI vs PNB vs HDFC Bank vs ICICI Bank - which gives you best rates; eligibility and taxation on interest explainedFCNR interest remains exempt from tax as long as the depositor qualifies as an NRI or resident but RNOR under Section 10(15)(iv)(fa) of the...
- Stock selection key as mid & smallcaps offer alpha opportunities: Pankaj MurarkaIndian stock markets are set for new peaks by the end of this year. Experts see a broad economic recovery, with financials leading the char...
- "Government fully committed": India in active pursuit of Nirav Modi's extradition from UKIndia is determined to bring fugitive diamantaire Nirav Modi back from the United Kingdom. New Delhi is in constant communication with Brit...
- Why ‘unlimited’ or ‘100% restoration’ benefit in health insurance may not save you from a big hospital bill; here’s what policyholders should knowHealth insurance restoration benefits, often misunderstood as unlimited coverage, restore your sum insured only after it's fully exhausted ...
- PNB officers' union flags large-scale transfers of Scale IV officers, seeks reviewThe All India Punjab National Bank Officers' Association has written to the bank's managing director. They are requesting reconsideration o...
- Nirav Modi's plea to reopen extradition case rejected by UK courtNirav Modi's bid to halt his extradition to India has been denied. The London High Court ruled against reopening his case. This decision ma...
- CBI likely to argue against Delhi HC hearing PNB CaseRao and Sharan approached Delhi High Court contesting sanctions, arguing that there was “no application of mind" while making decisions.
- Nirav Modi travelled from London to Brussels on Indian passport last weekThough Indian government has revoked Modi’s passport on February 24, he is still using Indian documents to travel as no red corner notice h...
- Agencies see LoU scam at Rs 13,500 croreSources in the Enforcement Directorate (ED) investigating the scam told ET that the overall exposure of the Punjab National Bank (PNB) case...
- Nirav Modi case: 6 Samudra flats worth Rs 900 croreAll the six sea-facing flats at Samudra Mahal are registered jointly in the names of Nirav and wife Ami Modi, with each estimated to be wor...
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