#indianbanking
RBI Reviews Proposal to Introduce Polymer Currency Notes in India
The Reserve Bank of India is reviewing a proposal to introduce polymer, or plastic, currency notes in the country. However, no final decision has been taken yet. RBI Governor Sanjay Malhotra said the idea is still at a preliminary stage and the central bank is currently studying whether such notes would be suitable for India. According to him, the proposal is under consideration, and the public will be informed whenever a decision is made. RBI Studying B
RBI Reviews Proposal to Introduce Polymer Currency Notes in India
The Reserve Bank of India is reviewing a proposal to introduce polymer, or plastic, currency notes in the country. However, no final decision has been taken yet. RBI Governor Sanjay Malhotra said the idea is still at a preliminary stage and the central bank is currently studying whether such notes would be suitable for India. According to him, the proposal is under consideration, and the public will be informed whenever a decision is made. RBI Studying B
CBI Raids Anil Ambani-Linked Properties In Rs 2,000 Crore SBI Bank Fraud Case
The Central Bureau of Investigation (CBI) on Saturday conducted raids at six premises in Mumbai linked to Reliance Communications (RCom) and its Promoter Director, Anil Ambani, in connection with an alleged bank fraud case worth over Rs 2,000 crore. According to sources, the searches were aimed at collecting key documents and digital records to establish whether bank funds had been misused or loans diverted across group companies.
CBI Raids Anil Ambani-Linked Properties In Rs 2,000 Crore SBI Bank Fraud Case
The Central Bureau of Investigation (CBI) on Saturday conducted raids at six premises in Mumbai linked to Reliance Communications (RCom) and its Promoter Director, Anil Ambani, in connection with an alleged bank fraud case worth over Rs 2,000 crore. According to sources, the searches were aimed at collecting key documents and digital records to establish whether bank funds had been misused or loans diverted across group companies.
PNB Scam Twist: Nehal Modi Held in US, Extradition Hearing Looms
Nehal Modi, the younger brother of fugitive businessman Nirav Modi, has been arrested in the United States in connection with the ₹13,000 crore Punjab National Bank (PNB) scam, one of the largest banking frauds in India’s financial history. His arrest follows an Interpol Red Corner Notice and multiple extradition requests made by Indian authorities, specifically the Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI). He was taken into custody by US authorities
PNB Scam Twist: Nehal Modi Held in US, Extradition Hearing Looms
Nehal Modi, the younger brother of fugitive businessman Nirav Modi, has been arrested in the United States in connection with the ₹13,000 crore Punjab National Bank (PNB) scam, one of the largest banking frauds in India’s financial history. His arrest follows an Interpol Red Corner Notice and multiple extradition requests made by Indian authorities, specifically the Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI). He was taken into custody by US authorities









