CBI Books Chandigarh Pharma Firm Owners In Bank Fraud Case, looted almost 1,627 Crores
The Guptas used forged documents to get loans sanctioned and diverted the funds to other bank accounts, from where they allegedly created assets and personal...
Tag : SBI
Business tit-bits: A Banker’s Arrest
Former State Bank of India (SBI) chairman Pratip Chaudhuri’s arrest in connection with an alleged loan scam case has sent shockwaves across the public sector...
Business Tit-Bits: Informal Sector, Formally Crushed!
Signalling a greater shift towards formalisation of the economy, the share of the large informal sector in overall economic activity dipped sharply in 2020-21 even...
Headlines: Congress MP Rahul Gandhi, Other Leaders Booked For Tractor Ride To Parliament
Congress leader Rahul Gandhi’s ride to parliament on Monday drew sharp reactions from several BJP leaders and led to a brief detention of Randeep Surjewala...
RBI Imposes Monetary Penalties On SBI, Bank of Baroda, 12 Other Banks
The penalty imposed amounts to a total of Rs 14.5 crore with a maximum 2 crore fine on Bank Of Baroda. The Reserve Bank of...
Bank Branches Likely To Be Shut For 4 Days Due To Holidays And Unions’ Strike
In order to oppose the planned bank privatisation of two state-owned lenders by the government, the bank Unions have called for a two-day strike to...
The Scammy Jet Airways Revival
This resolution plan of Jet Airways and so-called repayment of dues, by a bidder with questionable antecedents, is dubious and lacks transparency. The collapse...
Business Tit-Bits: The Jet Airways Story- One Scam Ends Another
The collapse of Jet Airways, once India’s largest airline, was evident by February 2019. By then it was loaded with unserviceable debt of about Rs....
Editorial with Sujit Nair: Baap of Bad Boy Billionaires
If you thought India has seen its biggest bank fraud already, you are in for a shock. Three Indian banks including the biggest lender SBI...
Business Tit-Bits: Fraud, Cronies and Anil Ambani
According to the report by the Business Insider, problems for fallen billionaire Anil Ambani do not seem to be ending soon as in the middle...