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The Latest Breaking News from Bank of India

Ahmedabad: Student held with Rs 1.98 lakh in fake notes

AHMEDABAD: The city crime branch on Monday busted a fake currency notes racket with the seizure of 98 counterfeit notes of Rs 2,000 denomination with a face value of Rs 1.96 lakh, and arrested one person.

The Times of India

Faced with judicial orders against opaque Look Out Circulars, govt moves SC to preserve its secrecy

The opaque system under which LOCs are issued is such that a person will not be able to know if such a circular exists against him or her till they have booked ticket and reached airport

The Hindu

Gold loan on fake papers: More FIRs against Panchkula-based jeweller

PANCHKULA: After the name of Deepak Bhola, a Panchkula-based goldsmith came to light in cases of people getting gold loans from Bank of India on the basis of fake documents, three more cases involving the same jeweller have surfaced. Bhola helped three other persons get gold loans worth Rs 32.35…

The Times of India

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How a creditor revolt scuttled Mukesh Ambani’s $3.2 billion retail deal

NEW DELHI: The preferential treatment of bondholders riled banks enough to reject a $3.2 billion rescue deal from one of Asia’s richest men for a debt-laden unprofitable retail chain, according to people familiar with the matter.

The Times of India

Bank of India moves NCLT against Future Retail, files insolvency plea

NEW DELHI: Bank of India has moved the National Company Law Tribunal (NCLT), filing a petition to initiate insolvency proceedings against debt-ridden Future Retail Ltd.

The Times of India

Bank of India opens new zonal office in Thiruvananthapuram

Thiruvananthapuram

The Hindu

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