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Finance Minister Nirmala Sitharaman to meet heads of PSBs on Monday; may urge them for credit growth

Finance Minister Nirmala Sitharaman is scheduled to meet the heads of public sector banks (PSBs) on Monday to review the performance of the lenders and the progress made by them on various schemes launched by the government for the revival of the economy. Banks would be urged to sanction

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Sovereign Gold Bonds saw maximum traction in COVID-hit years; next SGBs tranche opens Monday

Investment in Sovereign Gold Bonds (SGBs) went up sharply during COVID-impacted years as investors looked for safer options amid volatility in equity markets with 2020-21 and 2021-22 accounting for nearly 75 per cent of total sales of the bonds since the inception of the scheme in November 2015. The

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CVC-constituted panel ABBFF gives advice on 84 bank fraud cases

The Central Vigilance Commission (CVC) constituted panel -- Advisory Board for Banking and Financial Frauds (ABBFF) -- has given its advice after thorough examination of role of all levels of officials on 84 bank fraud cases involving amount of over Rs 3 crore in the last three years. Headed

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