Central Vigilance Commission and Ministry of Finance have extended the scope of the existing ABBFF to cover all fraud cases involving an amount of Rs.3 Crore and above in Public Sector Bank and Public Sector Financial institutions.
Reliance Retail, the retail arm of Reliance Industries Limited, has acquired a 25.8% stake in the online delivery platform Dunzo by investing $200 million (around Rs. 1,488 crores).
According to data released by the National Payments Corporation of India (NPCI), Paytm Payments Bank Ltd emerged as the biggest receiver of UPI amount in the October to December 2021 quarter.