'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......
'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......
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......
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,......
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......
SBI's ownership should give confidence to depositors and lenders about the bank's solvency. S&P Global Ratings on Monday said quick resolution of Yes Bank's insolvency will keep India's banking......
The banking regulator is seeking an early exit mechanism for private banks under Prompt Corrective Action. In a first, the Reserve Bank of India (RBI) is planning to auction private sector banks......