News

The Central Bank of the UAE (CBUAE) imposed a financial sanction of AED600,000 on a branch of a foreign bank operating in the UAE, pursuant to Article (137) of the Decretal Federal Law No. (14) of ...
An appellate tribunal has found former ICICI Bank CEO Chanda Kochhar guilty of receiving a Rs 64 crore bribe from Videocon through her husband in exchange for sanctioning a Rs 300 crore loan. The ...
“The accused shared a loan sanction letter supposedly issued by a reputed bank. However, upon verification, the complainant later found that the document was fabricated,” the officer said. According ...
ICICI Bank warns of more margin pressure as repo cuts bite Retail loan growth slowed in the June quarter even as profit surpassed estimates. Analysts have flagged loan moderation as key concern.
ICICI Bank's corporate loan book declines sequentially on competitive pricing, seasonal factors Net interest margins of the bank will compress further in the next quarter from 4.34 percent in the ...
"The accused shared a loan sanction letter supposedly issued by a reputed bank. However, upon verification, the complainant later found that the document was fabricated," the officer said.
“The accused shared a loan sanction letter supposedly issued by a reputed bank. However, upon verification, the complainant later found that the document was fabricated,” the officer said. According ...
PORT BLAIR: In a major development, the CID on Friday arrested former Congress MP Kuldeep Rai Sharma in connection with the Andaman and Nicobar State Cooperative Bank Ltd (ANSCBL) loan ...
NexMetals Mining (TSXV: NEXM) (NASDAQ: NEXM) has received a letter of interest from the Export-Import Bank of the United States (EXIM) for a potential loan of $150 million to support its ...
The sale of a piece of a Cerba Healthcare SACA bank loan signals lenders are seeking to trim their exposure to the French laboratories business before the start of debt talks.
The financial sanction is based on the results of the findings of examinations conducted by the CBUAE, which revealed that the branch of the foreign bank had failed to comply with the Market ...
Mandatory Disclosures and Compliance Requirements All Regulated Entities (REs) must: Clearly disclose prepayment terms (if applicable) in the loan agreement, sanction letter, and Key Fact Statement ...