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Cobrapost's Shocking Mega Expose: Major Indian Private Sector Banks, HDFC Bank, ICICI Bank and Axis Bank, Are Blatantly Running A Huge Nation-wide Money Laundering Racket

-CobraPost.com Cobrapost's Shocking  Mega Expose: Major Indian Private Sector Banks, HDFC Bank, ICICI Bank and Axis Bank, Are Blatantly Running A Huge Nation-wide Money Laundering Racket New Delhi: A Cobrapost pan-India undercover investigation spanning several months, unearths a vast, nation-wide money laundering racket being run by HDFC Bank, ICICI Bank and Axis Bank.  The brazen criminal activity by these banks is channelizing vast amounts of black money into the regular banking...

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HDFC Bank, ICICI Bank, Axis Bank involved in money laundering: Report

-Cobra Post A sting operation conducted by online magazine Cobrapost across various branches of private financial institutions has revealed how bank employees are accepting black money from customers to convert them into white money. Cobrapost claims that the nationwide operation shows how private banking and Insurance affiliates launder money as part of standard procedures. The sting also shows that money laundering services are openly being offered even to walk in customers who...

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Kendriya Vidyalaya students to get life, accident cover -Christin Mathew Philip

-The Times of India CHENNAI: Kendriya Vidyalaya schools, long known for quality education at affordable cost, will be offering accident and life Insurance cover for all its students from the coming academic year. Sources said the Kendriya Vidyalaya Sangathan (KVS) will set apart Rs 4 crore as annual premium for its 11 lakh-odd students in the 1,086 schools across the country. Each student will have a cover of Rs 2 lakh in...

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UPA’s addition to health budget falls short of requirements-Kirthi Rao and Vidya Krishnan

-Live Mint Critics say inadequate funding is also a reflection of the govt abdicating its responsibility in providing healthcare facilities The United Progressive Alliance (UPA) government’s ‘health for all’ slogan could remain just that as the addition in the budget for health in the next financial year is Rs.7,000 crore, which experts said falls far short of the amount needed to start making universal health coverage (UHC) a reality. Some critics say...

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Farmers spending a fortune on borewells in parched Marathwada-Shoumojit Banerjee

-The Hindu As Marathwada’s groundwater table plummets to 500 ft, farmers here, as in other districts, are freely violating the law in a frantic bid to strike water. Mahadeo Mule has invested Rs. 1 lakh during the past five months to save his crops and livestock, drilling at five different points on his land, despite already having a borewell. He has also spent close to Rs. 35,000 on water from private...

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