The MoU signing ceremony was held at Sabhagriha, Rail Sadan, Bhubaneswar, in the presence of senior officers of East Coast Railway and representatives from Bank of India.
The Supreme Court of England and Wales has approached the Delhi High Court seeking judicial assistance in a loan default dispute case involving Nirav Modi, Bank of India, and Firestar Diamond FZE.
The MoU was signed in the presence of Chief Minister Hemant Soren at the Jharkhand Secretariat.
The decision came after a forensic audit to track the money transaction trail was undertaken by BDO India on behalf of the Bank of India.
As per the statement released by company’s spokesperson, the action by Bank of India to classify the loan account of Reliance Communications Limited (RCom) along with Anil Ambani, pertains to matters dating back more than 10 years, as per disclosures and records available in the public domain.
Under the scheme, a subscriber would receive a minimum guaranteed pension of Rs 1000 to Rs 5000 per month from the age of 60 years, depending upon his contribution.
Searches were conducted today at various premises of the suspects including at Kangra and Paonta Sahib, District Sirmaur (Himachal Pradesh).
Bank of Baroda said Debadatta Chand has been appointed as Executive Director for a period of three years from March 10, 2021 or until further orders, whichever is earlier.
In value terms, gross NPAs or bad loans stood at Rs 56,231.76 crore as against Rs 61,475.60 crore earlier.
The shareholders gave the approval in its Extraordinary General Meeting on Saturday, the bank said in a regulatory filing.
