Central Vigilance Commission News

Industry

'Reduce Centre's stake below 51%': Abhijit Banerjee's remedy to banking crisis

Fear of a CVC probe in case of loan defaults has paralysed bankers and the banking system and this power should be taken away, says the Nobel laureateHe said such crises are happening repeatedly and if there is a problem in bank balance sheets, then it should be stopped way ahead before it explodes

2 min read22 Oct 2019
Politics

Supreme Court to rule on validity of divesting CBI director of powers

A bench headed by Chief Justice Ranjan Gogoi had on December 6 reserved the judgement after hearing arguments on behalf of Verma, the Centre, the Central Vigilance Commission (CVC) and others.

2 min read8 Jan 2019
Politics

SC seeks govt reply to plea on why opposition leader can’t be on key panels

SC issued notice to the centre on a plea seeking directions that appointing committees of which the leader of opposition formed a part may be read to mean the leader of the largest opposition party in that House.

1 min read11 Dec 2018
Politics

CBI vs CBI: SC questions govt action against Verma in CBI row

Verma was sent on leave on 24 October and M. Nageswara Rao, a joint director of the CBI, appointed the interim chief

1 min read6 Dec 2018
Politics

CBI vs CBI: Supreme Court takes CVC report against Alok Verma on record

A list of decisions taken by the CBI’s interim chief, Nageswara Rao, was also submitted to the top court

1 min read12 Nov 2018
Industry

How do bank frauds happen? Central Vigilance Commission has the answers

Banks need to invest more in forensic due diligence infrastructure to monitor accounts where they have large exposures, and it needs to be proactive and not reactive

2 min read23 Oct 2018
Politics

ED likely to take over Rakesh Asthana money trail probe

The usual course of action when a money trail is established, is that the ED takes over the probe.

2 min read22 Oct 2018
Opinion

Opinion | The anatomy of banking frauds

Some of the recent frauds shows that Indian banks need significant improvements in operation and governance standards

3 min read19 Oct 2018
Politics

Rift between CBI chief, special director out in the open

Rakesh Asthana's appointment as special director of the CBI was strongly opposed by Alok Verma, the director of the investigative agency, says an officer

1 min read17 Jul 2018
Politics

Supreme court dismisses plea challenging appointment of CVC

A plea had alleged that the appointments committee had ignored 'serious charges' of impropriety against K.V. Chaudhary and T.M. Bhasin

1 min read2 Jul 2018
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