Latest News on Core Banking Solution
Showing of 0 - 10 from 37 results
Core Banking Solution - Total results - 37
Mar 14, 2018
PNB scam: Govt makes startling revelation in Parliament, says RBI had cautioned banks multiple times on SWIFT misuseRBI has mandated commercial banks to put in place adequate audit and compliance mechanisms with bank board-level reporting through the audit committee of the board post PNB scam.
Mar 06, 2018
RBI and other agencies missed warning signs, failed to detect Rs 12,700-cr Punjab National Bank fraudReuters has uncovered new evidence that shows the RBI also failed for years to either detect the fraud or respond adequately to red flags in the banking system.
Feb 24, 2018
PNB scam: ED finds diamond czar Nirav Modi might have imported 10,000 watches for 'business purposes'The imported watches were seized from the 60 plastic containers from several locations connected to diamond czar Nirav Modi
Feb 21, 2018
Nirav Modi-PNB scam: RBI sets up committee to pre-empt and prevent such scam in future; five things to knowthe ‘Expert Committee’ will be headed by Y H Malegam, former member of the central board of directors of RBI
Feb 20, 2018
PNB Rs 11,000-cr fraud: From SBI to Allahabad Bank, the exposure top lenders have in Nirav Modi scamThe IndusInd Bank says it has a small exposure to Gitanjali Gems, a gems and jewellery company started by Mehul Choksi
Feb 19, 2018
SWIFT fiasco in PNB scam raises questions about lax banking software; are RBI and IBA to blame?Not just PNB but a whole slew of Indian banks seem to have either missed a few key steps in policing an important part of the system involving tens of thousands of crores in unsecured loans
Feb 18, 2018
PNB scam: CBI scans balance sheets of 18 Gitanjali group subsidiaries promoted by Mehul ChoksiThe CBI is examining balance sheets of 18 India-based subsidiaries of the Gitanjali group of companies promoted by Mehul Choksi to understand the money trail of funds taken from various banks on the basis of Rs 11,384 crore of guarantees furnished by the Punjab National Banks, officials said on Sunday.
Dec 31, 2014
Modi's gift for 2015: With ATMs and all, 'Post Bank' is readying itself to serve the poorThe entry of post to the scene can change the game in banking. May be, that’s the best gift Modi can offer to India’s poor in 2015
Feb 19, 2014
United Bank blames Infosys software for wrong NPA entriesThe core banking solution system of the bank is based on Finacle used by many other banks, UBI said in a filing to the BSE.
Mar 01, 2013
Union Budget 2013-14: A Story Of Odds And EndsWith a mixed bag of hits and misses and little definitive guidance, IT buyers and provides are still left shooting in the dark. Does this ring worry bells for the sector?