Indian

Govt to restructure SFIO; increase manpower to 350 at probe agency

Mar 8, 2020

“The pendency with SFIO today is close to 90 and 20 to 30 cases get added each year,” he said.

Rana Kapoor arrested,remanded to ED custody till Mar 11

Mar 8, 2020

The ED contended before the Mumbai court that Yes Bank bought debentures worth Rs.3700 crores of DHFL. In lieu of the same DHFL sanctioned a Rs.600 crore loan to Doit Urban Ventures Pvt Ltd, a company in which Kapoor’s daughters are directors. The said loan was given without adequate collateral.

Depositors’ money safe in banks, concerns based on ‘flawed’ analysis: RBI

Mar 8, 2020

“RBI closely monitors all the banks and hereby assures all depositors that there is no such concern of safety of their deposits in any bank,” its second tweet said.

Coronavirus: PM asks officials to ensure adequate quarantine, critical care

Mar 7, 2020

“All departments should work in convergence and action should be initiated for creating awareness in community about the disease and the precautions to be taken,” the prime minister was quoted as saying in an official statement.

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