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Bank employee arrested while accepting bribe

Sangrur, Dec 27 (UNI) The Punjab Vigilance Bureau today nabbed a bank employee while accepting a bribe from a resident of Chajwali village for sanctioning a loan.

According to Vigilance sources, Surinder Singh, an employee of the State Bank of Patiala in Chajwali village had demanded a bribe of Rs 5000 from a resident of the village for sanctioning an unemployment loan of Rs 50,000.

The bank employee has been booked under the Prevention of Corruption Act.

UNI

Bank of India to raise Tier I capital through QIP

New Delhi, Dec 27 (UNI) Bank of India today said that it plans to raise Tier I capital by way of Issue of upto 3,77,72,600 equity shares through Qualified Institutional Placement (QIP) route. The same will be decided in the board meeting to be held on January 23, a release stated. The Bank has also received the approval from the Ministry of Finance for this purpose which stipulates that the placement will be made only with public sector enterprises and mutual.....

Rs 66.50 crore being spent on road projects in Ganderbal

Srinagar, Dec 27 (UNI) An amount of Rs 66.50 crores is being spent on different road projects under various Centrally and state -sponsored schemes in Ganderbal district where work on Tulabagh Sheer Pathri Receiving Station would be taken up in January. This was stated at a high level meeting of officers held under the chairmanship of Jammu and Kashmir Minister for Forests and Environment Qazi Mohammad Afzal at Ganderbal today. The meeting inofrmed that three road projects at a cost of.....

Kerala for load shedding from New year Day

Thiruvananthapuram, Dec 27 (UNI) The Kerala government has decided to go for load shedding for 15 days from January 1 due to repair work at the Neriamangalam-extension generating station. Briefing newspersons after a Cabinet meeting, Chief Minister V S Achuthanandan said load shedding would be for half-an-hour during evening peak hours. Lashing out at the Centre for cutting Kerala's power quota, the state had to get 323 MW power but had got only 183 MW, he said adding the State.....
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