Forex scam: CBI conducts fresh searches in Delhi, NCR
The CBI on Sunday carried out searches at 10 locations in Delhi and the National Capital Region (NCR) as part of its investigation into the alleged Rs.6,000 crore Bank of Baroda forex scam.
Mar 06, 2016, 19:53 PM IST
Bank of Baroda forex scam: RBI finds irregularities in banks' transactions
Various irregularities by banks such as non-submission and inordinate delays in filing of Suspicious Transaction Reports (STRs), besides opening of accounts by several entities without fulfilling KYC norms, have been noticed by Reserve Bank of India.
Feb 15, 2016, 16:56 PM IST
Major financial frauds of 2015
Here are the major financial frauds that rattled the corporate world.
Dec 16, 2015, 17:42 PM IST
Bank of Baroda scam: SFIO probes 10 companies
The Serious Fraud Investigation Office (SFIO) has started probing 10 companies in connection with the Rs 6,100-crore illicit money remittance case involving public lender Bank of Baroda.
Oct 29, 2015, 22:15 PM IST
BoB forex scam effect: IBA mulls exempting experts from general banking work
In light of the Rs 6,100-crore Bank of Baroda (BoB) money remittance case, Indian Banks' Association (IBA) is considering a proposal to engage specialist officers only in their areas of core competencies rather than general banking business.
Oct 25, 2015, 19:16 PM IST
CVC seeks report from CBI, BoB in Rs 6,100 crore forex scam
The CBI and ED are probing transactions of Rs 6,100 crore to Hong Kong from a Bank of Baroda's Ashok Vihar branch in Delhi which is believed to be trade-based money laundering as the amount was transferred in garb of payments for imports, that never took place.
Oct 22, 2015, 16:22 PM IST
BoB forex scam incident not reflection of systemic problem: Sinha
The government Wednesday said the alleged Rs 6,100-crore Bank of Baroda black money remittance case is one off incidence and not a reflection of any systemic problem in the banking sector.
Oct 21, 2015, 22:57 PM IST
Bank of Baroda scam: HDFC says fully cooperating with probe agency
HDFC Bank, whose one employee has been arrested in the alleged Bank of Baroda Rs 6,000-crore illegal remittances case, Wednesday said it is examining the matter internally and cooperating with investigation authorities.
Oct 14, 2015, 21:53 PM IST
New Bank of Baroda Chairman Ravi Venkatesan meets Arun Jaitley
Amid allegations of irregularities against Bank of Baroda officials in the Rs 6,000 crore illegal remittances case, its newly appointed Chairman Ravi Venkatesan Wednesday called on Finance Minister Arun Jaitley.
Oct 14, 2015, 18:14 PM IST
BoB case: ED gets four-day custody to quiz arrested persons
Enforcement Directorate (ED) was Tuesday allowed by a Delhi court to quiz in its custody four persons, including an HDFC bank employee, arrested on alleged money laundering charges in Rs 6,000 crore remittances case at a Bank of Baroda (BoB) branch here.
Oct 13, 2015, 22:59 PM IST
Bank of Baroda shares slide over 3% at close
Shares of Bank of Baroda ended the day over 3 percent lower after the CBI carried out searches at three locations in New Delhi in connection with alleged Rs 6,100 crore remittances sent from BoB to Hong Kong camouflaged as payments for non-existent imports.
Oct 12, 2015, 19:18 PM IST
Bank of Baroda Forex scam: CBI raids 50 more locations
Regarding black money, CBI's raid on Bank of Baroda continues today as well. CBI raided fifty different places today.
Oct 11, 2015, 15:29 PM IST
Bank of Baroda Forex scam: CBI conducts raids, questions suspects
CBI raided Bank of Baroda branches, offices, and started questioning some of the suspects in its probe into alleged black money transfer of Rs 6000 crore to Hong Kong.
Oct 11, 2015, 14:18 PM IST
Hawala transactions are being done in many nationalised, foreign banks across country, alleges Congress
The Congress Party on Sunday alleged that many nationalised and foreign banks were also involved in the forex scam.
Oct 11, 2015, 09:46 AM IST
Bank of Baroda's Ashok Vihar branch raided by CBI in forex scam
Bank of Baroda's Delhi branch in Ashok vihar was raided by CBI, ED and SFIO upon illegal transfers of Rs 6,172 crores in foreign exchange made to Hong Kong.
Oct 10, 2015, 16:42 PM IST
