Free Press Journal
  • Gave list of NPA fraud cases to PMO but not aware of progress: Former RBI Governor Raghuram Rajan

    New Delhi: A larger number of bad loans or NPAs originated in 2006-2008 when Indian economic growth was strong as the banks made mistakes, former RBI Governor Raghuram Rajan has said. He said that global slowdown, project cost overruns and government decision-making were among the factors that contributed to the process. “A larger number of bad loans originated in 2006-2008 when economic growth was strong, and previous infrastructure projects such as power plants had

  • State Bank of India faces loss of Rs 136 cr; CBI registers 3 cases

    New Delhi: The CBI has registered three separate cases of banking fraud against three Mumbai-based companies for an alleged banking fraud that caused a cumulative loss of over Rs 136 crore to State Bank of India, officials said here on Tuesday.

  • indore, madhya pradesh, crime round up, crime in the city, crime,

    Indore: Crime Round Up: Police collect information from bank in Rs 49 lakh fraud case

    Indore: In a fraud case of Rs 49 Lakh, investigating team of Malharganj police station will collect information from the bank employees and the account operator. According to police, the victim Abbas Ali Badwaniwala is a NRI and currently resides in Saudi Arab and has an NRI bank account in Bank of Baroda Sitlamata Bazaar branch which his friend operates. The fraudster gave an application in bank to change the mobile number

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