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Bank GK Updates Mar 16 - Mar 23 2018
 

Bank GK Updates Mar 16 - Mar 23 2018

TestFunda ,  23-Mar-18
PNB fraud: Interpol seeks additional information from Enforcement Directorate 
Bank > PNB fraud > March 22

The Interpol has sought additional information from the ED about diamond traders Nirav Modi and Mehul Choksi in connection with the over Rs 12,000 crore PNB scam, as part of the process to issue a Red Corner Notice (RCN) against them 


PNB issued over 41k LoUs since 2011: FinMin 
Bank > PNB fraud > March 22

Scam-hit Punjab National Bank had issued as many as 41,178 Letters of Undertaking (LoUs) since 2011, of which 1,590 were given to Nirav Modi, Mehul Choksi and their associates, the finance ministry has said. 

Mamata, KCR move to form federal front
India > federal front > March 19

Telangana Chief Minister K. Chandrashekar Rao met West Bengal Chief Minister Mamata Banerjee at the State Secretariat here on Monday. Both leaders later said the meeting had initiated the process of forming a ‘federal front’ for the 2019 Lok Sabha polls.


UIDAI CEO to make presentation on Aadhaar before Supreme Court
India > UIDAI > March 22

The Supreme Court on Thursday allowed the Unique Identification Authority of India (UIDAI) CEO Ajay Bhushan Pandey to make a PowerPoint presentation on the Aadhaar scheme at 2.30 p.m.


Indians killed in Mosul: Parliament misled for four years, says Congress
India > Mosul > March 22

Hours after External Affairs Minister Sushma Swaraj informed the Rajya Sabha of the death of all the 39 missing Indians in Iraq, the Congress alleged that the Modi government was “forced” to make it public because Iraqi authorities were scheduled to hold a press conference on Tuesday to declare that they had been killed by IS terrorists in Mosul.


Government used small savings funds to procure Boeing 777 aircraft for VIPs
India > Boeing 777 aircraft for VIPs > March 20

Funds for procuring and modifying two Boeing 777 aircraft by Air India for use by VVIPs, including the President, the Vice-President and the Prime Minister, had been released from the National Small Savings Funds (NSSF), the government told Parliament on Tuesday.

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