Bank of Maharashtra is a major public sector bank in India. The Government of India holds 87.74% of the shares. The bank had 15 million customers across the country with 1,897 branches as of 5 April 2016. Read More
State-run Punjab National Bank (PNB) is yet again in the news in connection with "fraud" after the former Maruti Suzuki Managing Director (MD) Jagdish Khattar was booked by the CBI in a Rs 110 crore alleged bank loan fraud case involving his new comp ...
The Sensex advanced nearly 200 points on Wednesday but further gains were capped as investors held their bets ahead of the release of GDP numbers later in the day. The Sensex closed at 41,021 while the Nifty settled at 12,101. ...
Selling intensified towards the closing bell on Friday after markets digested Moody's downgrade of India's sovereign outlook from 'stable' to 'negative' citing increasing risks to the country's economic growth. ...
IDBI Bank has declared Vijay Mallya a wilful defaulter and issued a public notice on Wednesday with his old passport size photograph for default on payments worth Rs 1,566 crore in respect to Kingfisher Airlines. ...
The family of Santosh Kumar Bagla has sought the cancellation of the banking licence of Kotak Mahindra Bank Ltd for its role in a scam of forgery of documents. ...
