Aug 20, 2014 at 17:50 | Source: PTI
"A forensic audit has already been ordered," Financial Services secretary GS Sandhu told reporters here today, when asked about the alleged scam, adding some suspensions have been initiated by the authorities in this regard.
Aug 20, 2014 at 16:47 | Source: Moneycontrol.com
State-run ONGC was the top loser among largecaps, down 2.8 percent followed by ITC, Reliance Industries, Tata Motors, Larsen and Toubro, HDFC, State Bank of India, Axis Bank and Mahindra and Mahindra with 1-1.5 percent.
Aug 20, 2014 at 15:31 | Source: CNBC-TV18
Mayuresh Joshi, VP- Institution at Angel Broking is of the view that one may exit Oriental Bank of Commerce.
Aug 20, 2014 at 15:30 | Source: CNBC-TV18
Kunal Saraogi, CEO at Equityrush advises exiting Oriental Bank of Commerce at these levels and re-enter at lower levels.
Aug 20, 2014 at 15:02 | Source: Moneycontrol.com
Dena Bank has clarified the news item appearing in the newspaper dated August 20, 2014, titled OBC, Dena in Rs. 436 cr FD scam.
Aug 20, 2014 at 14:51 | Source: CNBC-TV18
According to media reports, the Finance Ministry has unearthed a scam involving public sector banks -- Oriental bank of Commerce and Dena Bank -- of having misappropriated funds to the tune of Rs 436 crore.
Aug 20, 2014 at 13:18 | Source: CNBC-TV18
Here are few top buzzing stocks picked by CNBC-TV18's analysts in trade today - Dena Bank, Oriental Bank of Commerce (OBC), Eros International Media, Orchid Chemicals, Ipca Laboratories, Glenmark, International Paper, Arvind Mills and Atul.
Aug 20, 2014 at 13:07 | Source: Moneycontrol.com
Midcaps and smallcaps are outperforming. Cipla, Sun Pharma, Dr Reddy's Labs, Wipro and NTPC are top gainers in the Sensex. Among the top losers in the Sensex are ONGC, GAIL, HUL, M&M and SBI.
Aug 20, 2014 at 12:16 | Source: Moneycontrol.com
According to the report, a branch manager of Dena Bank mobilised (using middlemen) fixed deposits (FDs) to the tune of Rs 256.49 crore from seven corporates while in case of OBC, misappropriation of funds to the tune of Rs 180 crore was reported (which was deposited by an organisation as fixed deposit).
Aug 20, 2014 at 09:51 | Source: CNBC-TV18
According to media reports, the Finance Ministry has unearthed a scam involving public sector banks. According to it, OBC and Dena Bank's Mumbai branches misappropriated Rs 436 crore worth funds.