In the aftermath of the PMC Bank mess which was in the RBI's highest rating of ‘A’ category, trustworthiness of these ratings may be up for a review. IMAGE: PMC Bank depositors......
Few scam-related stocks regain lost glory, Deepak Korgaonkar and Puneet Wadhwa point out. Illustration: Uttam Ghosh/Rediff.com Nearly a dozen companies that have been named in various scams, frauds......
Big bull Ketan Parekh's shadow still looms large over Indian markets. Five-and-a half-years after he was banned from trading, the capital market regulator has discovered that he is still executing......
One of the biggest defaulters of Ahmedabad-based Madhavpura Mercantile Co-operative Bank, stock broker Ketan Vinaychandra Parekh has settled his dues with the bank by paying Rs 26 crore (Rs 260......
Commercial banks, both private and public sector, usually move together. Rates of interest charged on loans of similar tenure differ by barely 25 basis points, if at all, and the story is the same......