New Delhi, July 4 (IANS) The Central Bureau of Investigation (CBI) on Saturday conducted coordinated searches in connection with two bank fraud cases involving an alleged fraud of over Rs 231 crore, registered by its Bank Securities and Fraud Branch (BSFB) in Bengaluru, officials said.The first case was registered against M/s R L Jewels Ltd, its directors and unknown public servants on the basis of a complaint filed by the State Bank of India (SBI), Mumbai. The FIR alleges criminal conspiracy, c…
Latest Canara Bank News & Updates
New Delhi, June 30 (IANS) Former Uttar Pradesh Chief Minister and Bahujan Samaj Party (BSP) chief, Mayawati, on Tuesday reacted to reports of alleged irregularities involving offerings at the Shri Ram Temple in Ayodhya, calling the matter “extremely serious and concerning” while urging a transparent and accountable system for managing temple donations.In a post on X, Mayawati said, “The theft of offerings from the Shri Ram Temple in Ayodhya, along with embezzlement and tampering, and the var…
New Delhi, June 30 (IANS) The investigation into the embezzlement of Ram Temple donations has entered a critical financial audit phase, with Ayodhya Police seeking five years of banking records from the seven banks where the eight arrested accused and the Shri Ram Janmbhoomi Teerth Kshetra Trust maintain accounts.Police sources said investigators have sought detailed account statements, transaction histories, KYC documents, deposit records and other banking details to reconstruct the financial t…
New Delhi, June 29 (IANS) Public sector banks on Monday presented dividend cheques worth more than Rs 9,400 crore to Union Finance Minister Nirmala Sitharaman for the financial year 2025-26.Among the lenders, Bank of Baroda handed over a dividend cheque of Rs 2,811 crore to the Finance Minister for the financial year ended March 31, 2026. The cheque was presented by the bank’s Managing Director and Chief Executive Officer, Dr. Debadatta Chand, in the presence of Department of Financial Service…
Ayodhya, June 29 (IANS) The eight accused arrested in connection with the Ram Temple donation embezzlement probe will be produced before an Ayodhya court via video conferencing on Monday, while police said that it will not seek their custody for now, but in the coming days, after investigators prepare a detailed list of questions for interrogation. Police have also issued notices to around six banks, including State Bank of India (SBI), Bank of Baroda, and Canara Bank, seeking details of the ban…
Mumbai, June 23 (IANS) The Reserve Bank of India (RBI) on Tuesday issued clarifications on the operational aspects of Foreign Currency Non-Resident Bank (FCNR-B) deposits, addressing queries raised by banks regarding the mobilisation of such deposits and related lending activities. The clarification is expected to encourage greater inflows through the FCNR-B route, which could provide support to the rupee in the near term.According to a document released by the central bank, all Indian banks, in…
New Delhi, June 21 (IAN) It was a virtual redemption day for the National Testing Agency on Sunday as the NEET (UG) 2026 retest was conducted without major glitches, with the Agency crediting the whole-of-government effort involving 7 lakh officials for making the exam for 20 lakh aspirants error-free.“Team NTA. Team Bharat. One exam, delivered together,” said the NTA in a post on X, reaffirming its commitment to uphold the sanctity of the medical admission test whose previous round on May 3…
New Delhi, June 21 (IANS) The National Testing Agency (NTA) on Sunday shared a detailed note on X, describing the nationwide coordination that went into conducting the NEET (UG) 2026 re-examination on Sunday (June 21) and thanking the thousands of individuals and institutions involved in the process. In its post titled “Team NTA, Team Bharat: How India Came Together for NEET (UG) 2026,” the agency said that more than 20 lakh candidates appeared for the examination across 5,440 centres in India a…
Bengaluru, June 12 (IANS) The National Company Law Tribunal (NCLT), Bengaluru Bench, has declared Congress MLC Naseer Ahmed bankrupt in connection with the default of loans amounting to Rs 1,454.71 crore owed by Bengaluru-based M/s Scotts Garments Limited, for which he had stood as a personal guarantor.The order has cast uncertainty over Ahmed’s continuation as a member of the Karnataka Legislative Council, with legal experts indicating that the bankruptcy declaration could attract disqualificat…
Jalandhar, June 12 (IANS) In fresh action in a Rs 350 crore bank fraud, the ED searched six premises of Punjab Basmati Rice Limited and its officials and recovered Rs 8.50 lakh in cash and $8,600 in connection with suspected money laundering, an official said on Friday. The Directorate of Enforcement (ED), Jalandhar Zonal Office, carried out search operations on June 5 at six different business and residential premises relating to Punjab Basmati Rice Limited (PBRL) and its Directors/Promoters, i…