Press Esc to close
Tuesday 28 July 2015
News updated at 3:49 PM IST
Weather
Max: 19°C
Min : 32°C
In Bengaluru
Rain lightly

Govt probes suspicious financial transactions

New Delhi,Dec 3, 2012 PTI:

 A multi-agency team will soon begin probe to check suspicious transactions into country’s financial market.

Official sources said sleuths from Intelligence Bureau and Central Economic Intelligence Bureau among others will look into various aspects of suspicious transactions and ways to check it.

The move comes in the wake of reports of instances of routing of terror funds in the country’s stock market tracked by intelligence agencies.

They cited misuse of Participatory Note (PN), a derivative instrument issued in foreign jurisdiction by a FII against underlying Indian securities to some people to route illegal money into the country’s financial system.

They said the quantum of suspected transactions in the stock market is not worrying and many steps were being taken by Sebi to ensure safe and transparent trading.


Go to Top

Photo Gallery
Bullet holes are seen on the windscreen of a car that was damaged in a gunfight...

Bullet holes are seen on the windscreen of a car that was damaged in a gunfight...

Police personnel during an encounter with the militants who attacked a police station...

Police personnel during an encounter with the militants who attacked a police station...

An Indian policeman takes position during a fight in the town of Dinanagar...

An Indian policeman takes position during a fight in the town of Dinanagar...

Police personnel take positions during an encounter with armed militants in Dinanagar town...

Police personnel take positions during an encounter with armed militants in Dinanagar town...

Wrestler Geeta Phogat walks the ramp during the launch of Pro Wrestling League...

Wrestler Geeta Phogat walks the ramp during the launch of Pro Wrestling League...

Virat Kohli along with Rahul Dravid during a practice session at MAC Stadium...

Virat Kohli along with Rahul Dravid during a practice session at MAC Stadium...

Villagers wade through flooded water of Kunye river in Birbhum district of West-Bengal...

Villagers wade through flooded water of Kunye river in Birbhum district of West-Bengal...

Security personnel stand guard at Raisina Hill in New Delhi...

Security personnel stand guard at Raisina Hill in New Delhi...

Dark clouds hover in the sky over North Block in New Delhi...

Dark clouds hover in the sky over North Block in New Delhi...

Sand artist Sudarsan Pattnaik's sand sculpture on the terrorist attack at Punjab...

Sand artist Sudarsan Pattnaik's sand sculpture on the terrorist attack at Punjab...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523