Oliver Bullough's book offers a whirlwind trip of the dark underbelly of global finance, covering everything from tax law changes to aiding criminals to decamp with money from bank accounts.......
In Chanda's defence, one can always say, why would the Videocon Group take care of her husband as a quid pro quo to get a loan? After all, the group has taken money from the entire banking industry......
The number of frauds in the banking sector increased over four times in the past five years to 36,075. Illustration: Dominic Xavier/Rediff.com The Indian Banking Association (IBA) has......
Partha Pratim Sengupta, who will be taking charge as the MD & CEO of Bandhan Bank in early November, has his task cut out. The Kolkata-based lender, which converted itself from a microfinance......
'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.' Interview with......
'IPOs have performed exceptionally well, with a notable increase in average ticket size from Rs 800 crore in the last financial year to around Rs 1,300 crore in this financial year.' Illustration:......
'A mule operates someone else's account to transfer illegal money.' Illustration: Dominic Xavier/Rediff.com Commercial banks in India have stepped up their control mechanism in taking on......