Embattled liquor baron Vijay Mallya was produced before London's Westminster Magistrates Court for hearing in connection with extradition case against him, on Friday.
Amid the multiple scams unearthed recently in the banking sector, the Reserve Bank of India (RBI) has issued a Prompt Corrective Action (PCA) framework to maintain the sound financial health of banks.
The Reserve Bank of India today fixed the reference rate of the rupee at 64.9366 against the US dollar and 80.3201 for the euro.
The new development unfolds after the PNB had detected a 1.77 billion US dollar fraud, wherein noted jewellery designer Nirav Modi had acquired multiple letters of undertaking to avail overseas credit from a number of banks on February 14.
The charges for non-maintenance of AMB for customers in metro and urban centres have been reduced from a maximum of Rs 50 per month plus goods and services tax (GST), to Rs 15 per month plus GST. The above revision will benefit 25 crore bank customer
The broader NSE Nifty managed to end higher for the second day at 10,426.85, up by 5.45 points or 0.05 per cent after shuttling between 10,478.60 and 10,377.85, intra-day.
A 93 million dollars superyacht of liquor baron Vijay Mallya was seized in Malta after he failed to pay more than one million dollars in wages to the crew members.
Canadian multinational company BlackBerry Limited on Wednesday filed a lawsuit against social media giant Facebook, alleging that the platform and its subsidiaries WhatsApp and Instagram infringed on BlackBerry messaging app patents.
The rupee firmed up by 8 paise to trade at over one-week high of 64.88 against the American currency in opening trade today on dollar selling by exporters and banks amid foreign capital inflows.