Surguja (Chhattisgarh), May 25 (IANS) A video showing a woman carrying her 90-year-old mother-in-law on her back in Chhattisgarh’s Surguja district has gone viral on social media, drawing widespread attention and criticism over the difficulties faced by elderly pensioners in accessing welfare benefits. The woman, identified as Sukhmaniya, said on Monday that she was forced to carry her elderly mother-in-law for nearly three kilometres in extreme heat after bank officials allegedly insisted tha…
Latest Central Bank of India News & Updates
New Delhi, May 25 (IANS) The government has shortlisted Coal India Ltd (CIL), Life Insurance Corporation (LIC), the Indian Overseas Bank (IOB), and the Indian Railway Finance Corporation (IRFC) among the public sector enterprises for the sale of shares in the stock market through a phased offer in the first two quarters of FY27, according to a report.The offers for sale will be calibrated with stable market conditions as the government wants to avoid any volatility before it proceeds to offload …
Mumbai, May 22 (IANS) As offer for sale (OFS) for Central Bank of India shares opened for non-retail investors on Friday as the bank scrips surged 0.29 per cent in early trade.Retail investors and employees can bid on May 25, 2026 and the floor price for the issue has been fixed at Rs 31 per equity share at over 8.5 per cent discount to the PSU lender’s Thursday closing price.The government may additionally exercise an oversubscription option to sell more shares depending on investor demand, the…
New Delhi, March 31 (IANS) State-owned Central Bank of India has received a tax demand notice of Rs 296.08 crore from the Income Tax Department for an alleged shortfall in tax payment for the financial year 2024-25, according to its regulatory filing on Tuesday.The public sector lender said that the notice relates to the assessment year 2024-25 and is linked to an alleged shortfall in tax payment.In the exchange filing, the bank said it received the assessment order dated March 28, 2026, under r…
New Delhi, March 20 (IANS) Reliance Group chairman Anil Ambani was interrogated by the CBI here for seven hours on Friday for the second day in a row in connection with the alleged Rs 2,929.05 crore SBI fraud case. The CBI had registered an FIR on August 21, 2025, following a complaint filed by SBI over allegations of fraud to the tune of Rs 2,929.05 crore on the public sector bank, in which Reliance Communications Limited, Anil D. Ambani and others, including unknown public servants, are accuse…
Lucknow, March 10 (IANS) A Special CBI Court in Lucknow on Tuesday sentenced four persons to Rigorous Imprisonment (RI) for 8 years in a Rs 6.75 crore bank fraud in Uttar Pradesh and slapped a fine of Rs 70 lakh each on them, an official said.The Special Court punished Ramji Mishra, Shyamji Mishra, Akhilesh Kumar Mishra and Manishi Pandey, all private persons, said a CBI statement.The court also held two private companies guilty in the case. The two private firms are: Manishi Enterprises, Varana…
Lucknow, Feb 12 (IANS) The Enforcement Directorate (ED) searched two premises in Uttar Pradesh and seized records of 17 immovable properties valued Rs 20 crore and linked to a former primary teacher in a Madrasa, who acquired UK citizenship in 2013, an official said on Thursday. The ED’s Lucknow Zonal Office, conducted search operations on Wednesday under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, in connection with a fraud case against Maulana Shamsul Huda Khan and o…
New Delhi, Jan 27 (IANS) In an extraordinary exercise of its powers under Article 142 of the Constitution, aimed at doing “complete justice”, the Supreme Court has granted relief to a widow who lost her husband during the second wave of Covid-19 by permitting her to settle a bank loan on relaxed terms and directed the Central Bank of India to release the title deeds of her residential property upon payment of a reduced amount. A bench of Chief Justice of India (CJI) Surya Kant and Justice Joymal…
Rudraprayag, Jan 8 (IANS) Along with agriculture, horticulture, and animal husbandry, there are huge opportunities for self-employment in the hills through small and cottage industries. An inspiring example of this can be seen in Jawari village of Jakholi development block in Uttarakhand’s Rudraprayag district.In this village, Saraswati Devi, after receiving training from the Rural Self Employment Training Institute (RSETI) run by the Central Bank of India, took a loan with the support of a wome…
Pune, Jan 4 (IANS) In a home loan fraud case, a Special Central Bureau of Investigation (CBI) Court in Pune sentenced two former officials of the Central Bank of India and a co-borrower to imprisonments varying from three to two years each, an official said on Sunday. Delivering its order on sentence, the Special Court on Saturday sent Nandkishore Khairnar, the then Central Bank of India Manager from the Pimpri Branch in Pune, and Ravi Bhushan Prasad, the then Assistant Manager of the bank, to r…