Mumbai: A special Prevention of Money Laundering Act (PMLA) court on Thursday rejected the bail applications of Cox & Kings group companies promoter Peter Kerkar and group CFO Anil Khandelwal in a money-laundering case connected to the Yes Bank fraud.
The Enforcement Directorate (ED), in its first chargesheet, had also named firms associated with the accused and claimed that they were involved in the fraud.
Kerkar was allegedly involved in siphoning proceeds of crime in conspiracy with Khandelwal and internal auditor Naresh Jain to defraud banks, from which Cox & Kings group had taken loans. The group had allegedly taken Rs 3,642 crore loans from banks, including Yes Bank, and siphoned the money.
9 Ways to keep your skin healthy and supple in summer season
Summer season is a tough time to maintain your skin quality. Due to the excess heat and sweat, it may encounter several issues and get damaged severely. So, here are some skincare tips from expert to keep it protected in summer season. Written By 9 Ways to keep your skin healthy and supple in summer season
It s too tough to handle your skin in summers. In summers, we experience so many skin issues like dryness, tanning, sunburn, itchy skin, acne, breakouts, freckles etc. Also due to pollution and humidity, our natural skin glow is compromised a lot. So, Anil Khandelwal, Founder, Yogic Secrets shares some skincare tips for the summer season.
PMLA court rejects bail to Cox and Kings promoter, CFO in Yes Bank-related case freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
Remembering Dr KC Chakrabarty, Former Deputy Governor of RBI and Trustee of Moneylife Foundation
Moneylife Digital Team
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“Do you know that a bank ‘branch’ is not defined anywhere?” the late Dr KC Chakrabarty, one day quizzed us, accompanied by his customary loud laughter. “And we are issuing guidelines that branches should do this and that. But what is a branch?” This conversation was recalled by Debashis Basu, founder trustee of Moneylife Foundation, to illustrate how independent-minded and thought-provoking Dr Chakrabarty was at an online memorial meet for honoring and remembering the life of Dr KC Chakrabarty (1952-2021), former Deputy Governor of the RBI and trustee of Moneylife Foundation.
‘Banks need to drastically re-skill, reform for new normal’ (Book Review)
By IANS| Published: 4th March 2021 12:21 pm IST
By Vishnu Makhijani
New Delhi, March 4 : To hire the skilled or to re-skill? This is one of the crucial questions the banking industry prepares for in the ‘new normal in a post-pandemic world.
However, as the need for skills evolves, hiring cannot alone close the gap fast enough. Not only is re-skilling critical from an organizational standpoint, if done right, it also has a life-changing effect on employees, says a new book, “Transformational Leadership in Banking: Challenges of Governance, Leadership and HR in a Digital and Disruptive World” (SAGE), edited by Anil K. Khandelwal, a former CMD of Bank of Baroda and Dena Bank.