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Bank fraud touches unprecedented Rs 71,500 crore in 2018-19: RBI

Jun 3, 2019

As many as 6,801 cases of fraud were reported by scheduled commercial banks and select financial institutions involving an amount of Rs 71,542.93 crore in the last fiscal (increase of over 73 per cent in the fraud amount), the Reserve Bank of India (RBI) said

84 airports to install body scanners by March 2020

Jun 2, 2019

“Walk-through metal detectors and hand-held metal detectors cannot detect non-metallic weapons and explosives. Body scanners detect both metallic and non-metallic items concealed on the body,” states the circular sent by Bureau of Civil Aviation Security (BCAS) to all airports in April this year. 

MN Sarma selected as new Secy General of GI Council

Jun 2, 2019

Along with Sarma, CR Vijayan,a former director of GIC Re,has been chosen as the deputy secretary general of the GI council.This is for the first time that GI Council will have a post of deputy secretary general since it was formed in early 2000.

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