Police move to close Rs 25K-cr MSC Bank scam case involving Ajit Pawar

The Economic Offences Wing of the Mumbai police on Friday sought to close a case related to an alleged Rs 25,000 crore scam at the Maharashtra State Cooperative Bank in which Maharashtra deputy......

SBI eyes Rs 10K cr via infra bond

State Bank of India (SBI), India’s largest lender, is looking to raise Rs 10,000 crore through 15-year infrastructure bonds as early as next week, said multiple sources aware of the......

Banks urge RBI for boards' workload mgmt

Private sector bank board members have urged the Reserve Bank of India (RBI) top brass to consider workload management of the boards as they feel there are too many issues that go to the boards for......

FPI flows stumble on trail, edge closer to precipice

After a brutal selloff since October, foreign portfolio investor (FPI) flows for the year-to-date (YTD) in 2024 have turned negative. Illustration: Uttam Ghosh/Rediff.com In early September, YTD......

India Inc sends mixed signals on H2FY25 capex path

After subdued earnings in the first half amid global headwinds, India Inc is taking a cautious approach on their capital expenditure (capex) for the second half of the financial year ending March......