Sushant Singh Rajput asked to close bank account; cancelled request days later: Report

— TIMES NOW (@TimesNow) 1596805745000 Contrary to various rumours, the money transfers range up to Rs 40,000. According to the report, the bank statements indicated Sushant, Rhea and even Samuel transferred small sums of money into Showik’s account, but the reasons for the same is unknown. Rhea and her brother were summoned to the ED’s […]

Cash pilgrims and bricks of money: HSBC Swiss bank operated like cash machine for rich clients

The bank said he wanted “to have someone who would bring cash to him in the UK. He is not interested in the service that we could possibly provide him at HSBC Premier in Knightsbridge, as he would have to identify himself by passport! He said, ‘I do know banks in your part of the […]

Levi Strauss CEO: Business leaders, give your employees time off to vote

At the same time, we recognize we must do more to address the new challenges we face this election season. Although states have eased lockdown restrictions, many voters may not want — or be able — to risk their health to physically make it to a polling place. Recent primaries have experienced a lack of […]

CBI takes up investigation into ₹45-cr. fraud at Indian Bank

The allegation was that the suspects entered into a criminal conspiracy and committed the offence of forgery, impersonation, fabrication of documents, criminal misappropriation and cheating on term deposits and current account transactions in the name of the Chennai Port Trust – General Insurance Fund and cheated the bank of ₹45 crore.

California’s inaccurate coronavirus count: ‘We will hold people accountable’

Ghaly said some state and county officials became aware of the “inaccurate case numbers and case positivity rates” on July 31. But he said he and Gov. Gavin Newsom weren’t informed of the problem until late Monday, after the governor had held a news conference citing sharp drops in new cases and positive test results […]

USSD: Banks owe telcos N17bn, says Danbatta

Speaking on behalf of the telcos, Chairman of Association of Licensed Telecom operators in Nigeria, ALTON, Engr Gbenga Adebayo, said while the telcos see the reviewed determination on Unstructured Supplementary Service Data, USSD, pricing as a welcome development, it would also be pertinent for all stakeholders to impress it on the banks, the responsibility to […]

Banks sanction around 44% of targeted Rs 3 lakh crore in liquidity support to MSMEs: CARE Ratings

On August 1, the government widened the scope of the Rs 3 lakh crore MSME credit guarantee scheme by doubling the upper ceiling of loans outstanding to Rs 50 crore and including certain individual loans given to professionals like doctors, lawyers and chartered accountants for business purposes under its ambit.

Banks have put student loans on the last bench and yet overall disbursal of such loans is rising. Here’s why

However, there has also been a rise in delinquency or delays in payment of the loan interest. CRIF High Mark data showed that 7.19 percent was the delinquency beyond 360 days at the end of FY20. This meant that 7.19 percent of the education loan book had seen payment delays of one year and above.

California prison workers file grievance alleging unsafe conditions to prevent coronavirus outbreaks

Among the problems alleged in the grievance, union attorneys say that CDCR has failed to provide adequate personal protective equipment, does not always force people inside prisons to wear masks and has failed to adequately test staff and incarcerated people for the virus.

California surpasses 10,000 coronavirus deaths

Despite appearing to hit Northern California first, the virus has now taken hold in Southern California. A majority of cases have been reported in the region, and nearly half of all virus deaths in the state are in Los Angeles County, where over 4,800 people have died, CBS Los Angeles reported.