-The Indian Express Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad loans. Mumbai: Data over the last five years shows that private banks have been steadily accumulating bad loans, with a 450 per cent rise in gross Non-Performing Assets (NPAs) of these banks — from...
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SC says record all Govt job interviews -Abraham Thomas
-The Pioneer Concerned over serious irregularities in selection to public posts, the Supreme Court has suggested the Centre to Videograph all selection proceedings by the Public Service Commission and State Selection Boards. In an order passed recently, the apex court even asked the Department of Personnel and Training (DoPT) to explore the possibility of installing CCTVs at the venues where examination and interview takes place to ensure that in the event any...
More »Central Vigilance Commission wants to keep an eye on private banks -Vikas Dhoot
-The Hindu Asks PMO to frame law for it The Central Vigilance Commission (CVC) has urged the Prime Minister’s Office to bring private sector banks under its watch, citing the fact that they have been involved in many recent instances of malfeasance. Vigilance officers in all State-owned public sector banks are required to report irregularities and possible wrongdoing to the CVC, India’s apex body for checking corruption in the government. Private sector banks...
More »Sting: '17 media firms ready to push communal reports for cash'
-The Indian Express The Video of the sting operations purportedly showed that representatives of many of these media companies were willing to accept cash, and not raise a bill for that amount. Cobrapost has released a series of sting operations and claimed that senior employees of 17 media outlets in the country had agreed to push polarising stories for money when they were approached by an undercover journalist. The Video of the...
More »Government okays Rs 2,919cr Nirbhaya fund for creating 'safe cities'
-The Times of India NEW DELHI: The Centre on Thursday approved projects worth Rs 2,919 crore under the Nirbhaya Fund for creating “safe cities” with special focus on women safety in public spaces and quick response systems to create deterrence against crime. Eight cities where these initiatives will take shape include Delhi, Mumbai, Chennai, Ahmedabad, Kolkata, Bengaluru, Hyderabad and Lucknow. Between 2013 and 2017, the corpus of Nirbhaya Fund has grown to...
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