financial irregularities News

Union Bank Investigates Irregularities in $1 Million Book Procurement Scandal

Union Bank of India investigates irregularities in the Rs 7.25 crore procurement of books by former IMF executive KV Subramanian, leading to the suspension of a general manager.

Sumant Kathpalia Steps Down as CEO of IndusInd Bank Following Financial Irregularities

Sumant Kathpalia resigns as CEO of IndusInd Bank following derivative losses, with a forensic review estimating nearly Rs 2,000 crore in losses. The bank seeks RBI approval for a t...

Mumbai EOW Nabs Civil Contractor in Massive Rs 122 Crore New India Cooperative Bank Fraud Case

The Mumbai EOW has arrested a civil contractor in the Rs 122 crore New India Cooperative Bank scam, marking the fifth arrest in the case. Investigations reveal a complex web of fin...

Vijay Mallya and Lalit Modi Exchange Birthday Wishes Amid Controversies

Vijay Mallya and Lalit Modi exchange birthday wishes on social media, reflecting on their shared experiences of ups and downs in life and controversies in India.