Tag Archives: Overseas indian bank

NEW DELHI: The Central Bureau of Investigation (CBI) on Thursday conducted nationwide searches of 100 locations in suspected Bank fraud cases of more than 3.7 billion rupees, authorities said. The coordinated search operation spanned 11 states and belonged to 30 FIRs related to bank fraud, they said. “These searches are …

The government is leaning towards the view that a bank’s exit from the public sector should be total when it is privatized. However, to make the sale attractive, the government wants the Reserve Bank of India (RBI) to relax the rules on ownership in private sector banks. A senior government …