by AIP Online Bureau | Mar 8, 2020 | Banking & Bancassurance, Eco/Invest/Demography, Indian News
Mumbai: Allaying concerns raised by many after Yes Bank fiasco, the Reserve Bank on Sunday reiterated that depositors' money is safe and it is closely monitoring all banks. The RBI further said that concerns about the safety of deposits in banks are...
by AIP Online Bureau | Mar 8, 2020 | Banking & Bancassurance, Eco/Invest/Demography, Indian News
Mumbai: The Enforcement Directorate (ED) arrested Rana Kapoor, 62, former promoter and CMD of Yes Bank, early Sunday morning in connection with a money-laundering probe against him and others.Kapoor has been arrsted and remanded to ED custody till Mar 11...
by AIP Online Bureau | Mar 8, 2020 | Eco/Invest/Demography, Indian News, Risk Management
New Delhi: The government is set to more than double the manpower at the Serious Fraud Investigation Office (SFIO) to nearly 350 as it continues efforts to curb corporate wrongdoings. Corporate Affairs Secretary Injeti Srinivas said the process was on to...
by AIP Online Bureau | Mar 8, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
New York: Gov. Andrew Cuomo declared a state of emergency on Saturday as the number of coronavirus cases in New York rose to 89, which include a Queens driver who worked for Uber and two unexplained positive tests of patients 200 miles to the north. ...
by AIP Online Bureau | Mar 8, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News
Five more people from Kerala have tested positive for coronavirus, Health minister, K K Shailaja said on Sunday. All the five hail from Pathnamthitta district. While three of them had returned from Italy on February 29, two others were their relatives, the minister...