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Was Nirav Modi tipped off?

 'It can't be a coincidence that he and his family, uncles and all, vanished from India only days before the scam was discovered.''Surely someone senior in the government alerted him that the......

What does the nation get out of the CBI?

 'What does the nation get out of the CBI's fabulous infrastructure? Very little that is useful,' says Aakar Patel. Photograph: Mansi Thapliyal/Reuters The Central Bureau of Investigation is our......

How Satyam and Global Trust Bank are linked

 Satyam's Ramalinga Raju and erstwhile Global Trust Bank's Ramesh Gelli shared more than a common mother tongue. They climbed quickly to the pinnacle of their careers and fell from grace with equal......

Lessons For Banks To Learn From SVB Collapse

 The difference between what the banks play in the US and India is not that of soccer and football, but rugby and football.But when risks are mispriced, the fallout could be very similar, points out......

PSBs lost Rs 2.85 lakh cr due to loan default of 13 firms

 Public sector banks have lost nearly Rs 2.85 lakh crore on account of loan dues of 13 corporates even as the banks are used to bail out ailing financial institutions such as Yes Bank and IL&FS,......

FM defends move on GTB merger

Defending the government's decision to merge the Global Trust Bank with the Oriental Bank of Commerce, Finance Minister P Chidambaram on Wednesday said that GTB had been sliding since March......

GTB scam: CBI probing 10 cos

 Central Bureau of Investigation is probing 10 companies, which have defrauded the erstwhile Global Trust Bank, which became sick due to mounting bad debts of over Rs 1,400 crore (Rs 14 billion) and......

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