If there were an Olympics for bank frauds in India, Rishi Agarwal, founder and former chairman of ABG Shipyard Ltd, a nephew of the Ruia brothers of the Essar group, would bag the gold, pushing......
Booked between 2007 and 2011, out of the total 32,700 residential units under various Jaypee Infratech projects, at least 20,000 homes are yet to be delivered. Illustration: Uttam Ghosh/Rediff.com......
If successful, this will be the first major instance in many years where a private sector lender will be bailed out using public money, with the first instance being Global Trust Bank's......
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......
Unlike in the past, when old private banks compromised upon underwriting standards to take on the bulk, they’ve now realised that scaling up at the cost of quality isn’t worth the......