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New Delhi: Disqualified Madhya Pradesh Congress MLA Rajendra Bharti on Tuesday moved the Delhi High Court challenging his conviction and three-year jail sentence in a cheating case involving the forging of bank records to obtain illegal interest payments between 1998 and 2011. Justice Swarana Kanta Sharma issued notice to the prosecution on the appeal by Bharti assailing the trial court verdict in the case and listed it for hearing on April 15. On April 2, the trial court sentenced Bharti, for ...Read More >
New Delhi [India], April 7 (ANI): The Delhi High Court on Tuesday issued notice on an appeal filed by former Congress MLA Rajender Bharti challenging his conviction and three-year sentence in the Gramin Vikas Bank cheating case, which led to his disqualification from the Madhya Pradesh Legislative Assembly. Justice Swarana Kanta Sharma sought a response from the State and listed the matter for April 15. Bharti has also sought a stay on his conviction and moved an application requesting the cour ...Read More >
New Delhi [India], April 7 (ANI): The Delhi High Court on Tuesday issued notice on an appeal filed by former Congress MLA Rajender Bharti challenging his conviction and three-year sentence in the Gramin Vikas Bank cheating case, which led to his disqualification from the Madhya Pradesh Legislative Assembly. Justice Swarana Kanta Sharma sought a response from the State and listed the matter for April 15. Bharti has also sought a stay on his conviction and moved an application requesting the cour ...Read More >
New Delhi [India], April 7 (ANI): The Delhi High Court on Tuesday issued notice on an appeal filed by former Congress MLA Rajender Bharti challenging his conviction and three-year sentence in the Gramin Vikas Bank cheating case, which led to his disqualification from the Madhya Pradesh Legislative Assembly. Justice Swarana Kanta Sharma sought a response from the State and listed the matter for April 15. Bharti has also sought a stay on his conviction and moved an application requesting the cour ...Read More >
Special Judge Dig Vinay Singh of the Rouse Avenue Court convicted Bharti and a former cashier, Raghuvir Prajapati, of criminal conspiracy, cheating, and forgery. The case, which was registered in 2015 in Madhya Pradesh's Datiya, was transferred to Delhi by the Supreme Court in October last year after noting claims that efforts were made to intimidate defence witnesses. In a 95-page judgment, the court said that Bharti and Prajapati, along with other unknown persons, entered into a criminal con ...Read More >
Bhopal (Madhya Pradesh) [India], April 3 (ANI): A Congress MLA from Madhya Pradesh's Datia, Rajendra Bharti, has been disqualified from the state legislative assembly after his conviction in a fraud case. According to an official notification issued by the state assembly secretariat dated April 2, Bharti, who was elected from the Datia constituency, has been disqualified from the membership of the House with effect from April 2, 2026. Also Read | Jammu Weather Forecast and Update: Rain, Thunde ...Read More >
Bhopal (PTI): Madhya Pradesh Congress MLA Rajendra Bharti has been disqualified from the state legislative assembly following his conviction in a case involving the tampering of bank records to secure illegal interest payments, officials said on Friday. Following deliberations on the issue on Thursday night, the Vidhan Sabha authorities issued a notification annulling Bharti's membership from the Datia assembly seat, they said. Bharti had defeated former MP home minister Narottam Mishra of the ...Read More >
New Delhi [India], April 3 (ANI): The Rouse Avenue Court in Delhi on Thursday sentenced Congress MLA Rajendra Bharti and co-accused Raghubir Sharan Prajapati to three years' imprisonment in connection with a Gramin Bank fraud case. Bharti, a sitting MLA from the Datia Assembly constituency in Madhya Pradesh, was also slapped with a fine of Rs 1 lakh, while Prajapati was fined Rs 2.5 lakh. Special Judge (MP-MLA) Dig Vinay Singh pronounced the verdict, convicting both for cheating, forgery, usin ...Read More >
New Delhi [India], April 2 (ANI): The Rouse Avenue court sentenced Congress MLA Rajender Bharti to 3 years imprisonment and imposed Rs. One lakh fine. Another Convict is also sentenced to 3 years imprisonment and a fine of Rs. 2.5 lakh has been imposed on him. They were convicted by the court in the Gramin Vikas Bank Fraud case. However, the court has granted bail to both convicts to challenge the judgement before Delhi High Court. Bharti is a Congress MLA from Datia, Madhya Pradesh. This ca ...Read More >
New Delhi, April 2 (SocialNews.XYZ) A day after convicting Congress MLA Rajendra Bharti for criminal conspiracy, the Special MP-MLA Court at Delhi's Rouse Avenue sentenced him to three years' imprisonment on Thursday. Congress MLA from Datia Assembly constituency in Gwalior division of Madhya Pradesh was convicted by Delhi's Rouse Avenue Court on Wednesday and was sent to judicial custody. On Thursday, after pronouncing the quantum of punishment, the Court granted him bail upon furnishing a per ...Read More >
New Delhi, Apr 1 (PTI) A Delhi court on Wednesday convicted Congress MLA Rajendra Bharti from Madhya Pradesh in a cheating case. Special Judge Dig Vinay Singh said that "accused Bharti and accused Raghuvir Sharan Prajapati, along with Savitri Devi and possibly other unknown persons", entered into a criminal conspiracy and the object of this conspiracy was to cheat the complainant bank (Zila Sahkari Krishi Aur Grahmin Vikas Bank) by continuing to draw interest at a much higher rate beyond 2011, ...Read More >
NEW DELHI: Holding that "documents do not lie," a Delhi court has convicted Datia's Congress MLA Rajendra Bharti and co-accused Raghuvir Sharan Prajapati in a cheating and forgery case involving a cooperative bank, finding clear evidence of manipulation of fixed deposit (FD) records using correction fluid to alter the tenure of the deposit. Bharti, 67, was sent to jail though the hearing of the quantum of the sentence has been scheduled for Thursday. The Datia MLA has been found guilty under sec ...Read More >
Mumbai: India's largest public sector bank, State Bank of India (SBI), has announced a change to its Auto-Sweep (MOD) facility. The bank has increased the minimum threshold from Rs 35,000 to Rs 50,000. SBI shared this update through emails to its customers. The message said, 'The minimum threshold limit for the auto sweep facility in Savings Bank accounts has been increased from Rs 35,000 to Rs 50,000. So, the next MOD (Multi Option Deposit) will be triggered at Rs 50,000.' What Is SBI's MOD o ...Read More >
New Delhi: Senior citizens looking to grow their savings have good news! Some banks are offering attractive fixed deposit (FD) rates of up to 8.25 per cent for a three-year term. This special rate is available for those aged 60 and above, with a maximum investment limit of Rs 3 crore. Senior citizens can now enjoy some of the highest FD rates in the market. Here's a look at the banks offering attractive fixed deposit options for those aged 60 and above: Slice Small Finance Bank - Offers an imp ...Read More >
The Bank of India (BoI) has revised its green deposit fixed deposit interest rates, effective July 7, 2025. The public sector bank offers a maximum of 7.20 per cent to senior citizens (60 years and above) and 7.35 per cent to super senior citizens (80 years and above) on this FD. After the Reserve Bank of India's (RBI) repo rate cut by 50 basis points (bps) in June 2025, several banks revised their FD rates. BoI also revised its FD rates on June 16, 2025, offering the highest rate of 6.70 per ce ...Read More >
Indore, July 9 (PTI) Banking services in Madhya Pradesh were affected on Wednesday as around 40,000 employees of public sector and regional rural banks across 8,700 branches participated in a strike called by trade unions, an association leader said. Normal life in Indore, the commercial capital of the state, remained unimpacted. Public transport and essential services were also not affected. A forum of 10 central trade unions has called for a strike for various demands including doing away wi ...Read More >
New Delhi: HDFC Bank has once again slashed its fixed deposit (FD) interest rates. This marks the second cut this month. The bank starting June 25, 2025 has reduced rates by 25 basis points on select FD tenures for deposits below Rs 3 crore. This latest move comes just two weeks after a similar rate cut on June 10, following the Reserve Bank of India's (RBI) decision to lower the repo rate from 6 per cent to 5.5 per cent. As India's largest private bank, HDFC's back-to-back cuts are likely to i ...Read More >
Sakshi Gupta was arrested last night. Kota: One would think their money is safest in a bank. But, in a shocking case, this bond of trust was leveraged by a woman officer of a bank in Rajasthan's Kota to dupe customers of more than Rs 4 crore. Reason: The lure of generating high returns in a short period by investing in stocks. And, she used the money in the accounts of more than 41 customers to achieve that. The fraud continued for two years, but no one in the bank had any idea about it. Saks ...Read More >
JAIPUR: In a massive financial fraud case, a female officer at a private bank in Kota has been arrested for misappropriating over Rs 4.58 crore from customer accounts over a span of three years. The accused, Sakshi Gupta, was serving as a relationship manager at ICICI Bank and is alleged to have diverted funds from fixed deposits to invest in the stock market and faced heavy losses. Police officials revealed that between 2020 and 2023, Gupta illegally withdrew money from 110 fixed deposit acco ...Read More >
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New Delhi: A woman bank officer of ICICI Bank in Rajasthan has reportedly duped customers of above Rs 4 crore. As per a report in NDTV the woman has now been arrested and sent to judicial custody. Invests money in stock market, fails to deposit money back As per NDTV reports the woman officer named Sakshi Gupta was the relationship manager of the ICICI Bank in Rajasthan. By luring customers to generate high returns in a short period by investing in stocks, she duped customers of more than Rs 4 ...Read More >
Kota, Rajasthan: A relationship manager at ICICI Bank's Kota branch has been arrested for siphoning off more than Rs 4.58 crore from customers' fixed deposits over three years and gambling it away in the stock market. According to reports, the accused, Sakshi Gupta, used her position to discreetly manipulate account details and hide the fraud. Gupta manipulated customer accounts, diverted OTPs According to the investigation, Gupta exploited the 'User FD' feature to withdraw funds from 110 FDs ...Read More >
New Delhi: A couple of days ahead of the announcement of Reserve Bank of India (RBI) Monetary Policy 2024, public sector lender Canara Bank has announced revision in its Fixed Deposit (FD) rates. Canara Bank has hiked FD interest rates under Rs 3 crore. Canara Bank's new FD rates are effective from 1 December 2024, according to the bank's official website. Following the modification in FD interest rates, Canara Bank will offer interest rates on callable deposits with maturities ranging from se ...Read More >
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