• Home
  • 7th Pay Matrix
  • Pay Calculator
  • DA Table
  • DA News
  • 8th CPC News
  • KV Fees

Central Government Employees Latest News

7th Pay Commission Latest News Today 2023, 7th Pay Matrix Table PDF, Expected DA Calculation, DA Rates Table, 8th Pay Commission Latest News

7th Pay Commission Salary Calculator
You are here: Home / DEMONETIZATION / Involvement of bank officials in money laundering during post monetization

7th Pay Salary Calculator 46% DA 7th CPC Increment Calculator
Expected DA for January 2024 Govt First Salary Calculator 2023
Expected Bank DA 2024 Calculator DA & DR Arrears Calculator 2023
Diwali Bonus Calculator 2024 DA Merger Calculator

7th CPC Pay Fixation Calculator Retirement Date Calculator 2023
Leave Encashment Calculator 2023 DA Calculator in Salary
18 Months DA Arrears Calculator KV Teacher Salary Calculator 2023
Expected IDA Calculator Jan 2024 7th CPC CGEGIS Calculator
FR22 Fixation Calculator 8th CPC Calculator

Involvement of bank officials in money laundering during post monetization

February 7, 2017 admin Leave a Comment

Involvement of bank officials in money laundering during post monetization

Press Information Bureau
Government of India
Ministry of Finance

07-February-2017 16:30 IST

Involvement of bank officials in money laundering during post monetization

Enforcement Directorate has intimated that bank employees have been found indulging in money laundering and other unfair practices during the phase of demonetisation and that the investigations have been initiated under the provisions of Prevention of Money Laundering Act (PMLA), 2002 against certain bank officials of various banks during post demonetization. The act provides for attachment of property as well as prosecution of the accused involved in money laundering.

Stay connected with us on our Whatsapp Channel, to receive the most up-to-date news and updates.

Further, as part of their staff accountability mechanisms, on the basis of prima facie involvement in irregularities relating to demonetisation, Public Sector Banks (PSBs) are so far reported to have placed 156 officials under suspension and to have transferred 41 officials. PSBs are also reported to have filed 26 cases with Police/CBI wherever criminal cases are involved. In respect of Private Sector Banks, Reserve Bank of India (RBI) has informed that 11 employees have been placed under suspension where bank employees have been found involved in ‘irregular exchange of transaction’ of Specified Bank Note (SBN) during the phase of demonetization. RBI has further informed that the banks have initiated internal investigation and complaints have been filed with police/CBI.

Whenever a complaint against a bank official(s) is received and any irregularities are found or observed on the part of Banks’ official (s), the Banks initiate action as per their extant rules and commensurate punishment is awarded to the delinquent employees based on the seriousness of the wrongdoings as per Bank’s disciplinary rules.

This was stated by Shri Santosh Kumar Gangwar, Minister of State in the Ministry of Finance in written reply to a question in Rajya Sabha today.

Related updates:

    Clarification on Admissibility of Ration Money Allowance on Child Care Leave
    New Recreation Club Started for Central Government Officials in Delhi
    Bank Pensioners: Aug 2023-Jan 2024 Dearness Relief
    41.16% DA for Bank Employees from Feb 2023
    40889 Post Office Vacancies 2023- Apply Online and Last Date
    Bank Dearness Allowance 44.24% – 632 Slabs for Employees (2023)
    Status of 12th BPS for Bank Employees
    Axis Bank Holiday List 2024

Filed Under: DEMONETIZATION

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay connected with us on our Whatsapp Channel, Facebook, Instagram, and YouTube Channel to receive the most up-to-date news and updates.

Top Stories 2023

Central Govt Salary Calculator
Central DA Amount Calculator
Holiday Home List in India
Latest DoPT Orders Circulars
Split AC Price in CSD AFD Portal
Central Govt First Month Salary Calculator
X Y Z Classification of Cities for HRA PDF
7th CPC MACP Pay Fixation Calculator
Retirement Date Calculator for Govt Employees
Expected DA from Jan 2024 Calculator
Fixation Calculator as per FR 22(I)(a)(1)
7th Railway Pay Matrix Table PDF
Leave Encashment Calculation for CG Employees
7th CPC Level 6 Hand Salary
7th Pay Scale Chart for Level 1 to 5
UGC Pay Scale as per 7th CPC
Central Govt Gazetted Holiday List 2023
AICPIN Table 2023
7th Pay Matrix Level 7
Children Education Allowance Rules 2023
7th Pay Matrix Rajasthan PDF Download
DA Calculator-7th CPC DA Calculation
WB 6th CPC Pay Matrix Table PDF
Child Care Leave Rules and Restrictions
Latest News on Retirement Age 62
OROP-2 Pension Table 2023
AFD CSD Login Registration Page
DA Rate of Odisha Govt Employees
KVS Holiday List 2023-24
Pournami Tamil Calendar List 2023
7th CPC MACP Scheme
Latest Dopt Orders
List of Sainik Schools
Fitment Factor Table PDF
7th CPC Pay Fixation
7th CPC Pension Calculation
7th CPC Pension Fixation Examples
All India RTO Code List 2023
VRS Scheme for Central Govt Employees PDF
7th CPC Transport Allowance
7th CPC Increment
CGEGIS Table Benefits Calculator
NPS to OPS

CGHS Hospital List

All India CGHS Hospital List
CGHS Chennai Approved Hospital List
Bangalore CGHS Hospitals List 2023
Delhi CGHS Hospitals List 2023
Mumbai CGHS Hospitals List 2023
Kolkata CGHS Hospitals List 2023
Hyderabad CGHS Hospitals List 2023
Delhi CGHS Approved Diagnostic Centre List
Revised CGHS Package Rates 2023
CGHS Ward Entitlement and Monthly Subscription in 7th CPC
CGHS Contribution Rates as per 7th CPC
CGHS Covered Cities List PDF

Holiday List in India

State Govt Holiday List 2024
Central Govt Holiday List 2024
Delhi Govt Holiday List 2024
School Holiday List 2024
Bank Holidays in India 2024
Post Office Holidays 2024
Railway Holidays 2024 PDF
All India Holiday List 2024

Pay Level Salary Calculator

Pay Matrix Level 1 Hand Salary
Pay Matrix Level 2 Hand Salary
Pay Matrix Level 3 Hand Salary
Pay Matrix Level 4 Hand Salary
Pay Matrix Level 5 Hand Salary
Pay Matrix Level 6 Hand Salary
Pay Matrix Level 7 Hand Salary
Pay Matrix Level 8 Hand Salary
Pay Matrix Level 9 Hand Salary
Pay Matrix Level 10 Hand Salary
Pay Matrix Level 11 Hand Salary
Pay Matrix Level 12 Hand Salary
Pay Matrix Level 13 Hand Salary
Pay Matrix Level 13A Hand Salary
Pay Matrix Level 14 Hand Salary
Pay Matrix Level 15 Hand Salary
Pay Matrix Level 16 Hand Salary
Pay Matrix Level 17 Hand Salary
Pay Matrix Level 18 Hand Salary

7th Pay Commission Latest News Today 2023

7th CPC HRA
7th CPC Classification of Posts
7th CPC Armed Forces Personnel
7th CPC House Building Advance
7th CPC Leave Rules
7th CPC Travelling Allowance
7th CPC LTC Rules
7th CPC Reservation Policy
7th CPC Risk and Hardship Matrix
7th CPC New Pension Scheme
7th Pay Commission Fitment Table
7th CPC Allowances
7th CPC Advances
7th CPC Briefcase Allowance
7th Pay Commission CGEGIS
7th CPC Dress Allowance

7th Pay Commission News Discussions

  • IA venkatakrishnan on 8th Pay Commission News Date, Salary Slab, Pay Scale Calculator
  • IA venkatakrishnan on AICPIN for October 2023 | Expected DA for Jan 2024
  • LAASYA S on AMA Doctor List for Central Government Employees
  • IA venkatakrishnan on 8th Pay Commission News Date, Salary Slab, Pay Scale Calculator
  • Bhaskaran R on Fixation of Pay on Promotion Calculator as per FR 22(I)(a)(1)
  • E JAYABALAN on Dopt Orders on Notional Increment
  • SKumar on Fixation of Pay on Promotion Calculator as per FR 22(I)(a)(1)
Copyright © 2023 | Central Government Employees News | 7th Pay Commission News | Sitemap | Site maintained by TEUT Digital Concepts