India has made significant strides in digital banking services, surpassing the global average on most fronts, according to a ...

AO reopened the assessment based on information received from the Investigation Wing, which alleged unexplained high-volume transactions in the assessee’s savings account. Major concern was an ...

India's IDFC FIRST Bank will raise up to 75 billion rupees ($877 million) from affiliate firms of private equity group ...

IDFC First Bank Ltd has approved a plan to raise 75 billion rupees ($877 million) from Warburg Pincus LLC and Abu Dhabi ...

Based on these LoUs by PNB, money was lent by State Bank of India, Mauritius; Allahabad Bank, Hong Kong; Axis Bank, Hong Kong ...

Absconding diamantaire Mehul Choksi has been arrested in Belgium following an extradition request by Indian probe agencies ...

Gitanjali Gems at Hyderabad Gems SEZ is under the CBI scanner for illegal fund transfers tied to fugitive jeweller Mehul ...

Dubbed one of the biggest scams in the history of Indian banking, the scam involved the misuse of financial instruments to ...

Choksi, the second prime accused in the Punjab National Bank (PNB) fraud case after his nephew Nirav Modi, has been detained ...

Diamond merchant Mehul Choksi, wanted in the Rs 13,500 crore PNB scam, was finally arrested in Belgium on Saturday, April 12, ...

The PNB scam first came to light in early 2018, involving Mehul Choksi and his nephew Nirav Modi. The two businessmen ...