RBI slaps Rs 27-cr penalty on 13 banks for FEMA

In a major crackdown for FEMA violations and KYC lapses, the RBI has imposed Rs 27-crore penalty on 13 public and private sector banks, in...

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Easier money transfer through smartphones, tax benefits to merchants on digital deals: Raghuram Rajan

RBI today said it will become easier in coming weeks for people to transfer funds between bank accounts through their smartphones. S...

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India's bid to bring home tycoon Mallya rebuffed; to keep trying

Kingfisher Airlines Chairman Vijay Mallya speaks to the media during a news conferenc...

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India fails to get Mallya deported

The Ministry of External Affairs said on Tuesday that the United Kingdom has informed that it cannot deport Vijay Mallya to India fo...

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Vijay Mallya's passport suspended for four weeks

Passport of the billionaire Vijay Mallya, who is in the UK has been suspended for 4 weeks by the Indian government, on the Enfor...

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Vijay Mallya seeks more time to appear before ED

Vijay Mallya seeks more time to appear before ED The ED had earlier summoned Mallya for appearance at its Mumbai office on March 18. ...

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Banks to auction Kingfisher House

Banks to auction Kingfisher House       Lenders to the grounded Kingfisher Airlines will auction one of promoter Vijay Mallya’s fl...

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SBI seeks Mallya's arrest in Kingfisher loan default case

Top state-run lender SBI today sought arrest of Vijay Mallya, and also impounding of his passport, as the bank approached Debt Recovery ...

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