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Bombay Mercantile Bank

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SC adopts new roster system, CJI to hear all PILs

Chief Justice of India Dipak Misra on Thursday put in place a roster system for allocation of cases in the Supreme Court in what could be a move to address the grievances by four-senior most judges......

Bad news for Gitanjali, PNB, OBC investors

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......

A bank without the buck, a bill without teeth

India borrows ideas that we don’t need, like the FRDI Bill, and ignores the ones we need, like rewarding whistle-blowers such as the ones who want to save Bombay Mercantile Bank, says......

5,275 wilful defaulters (+ Mallya) owe banks Rs 56,621 crore

India’s five leading wilful defaulters are Winsome Diamonds & Jewellery Ltd and associate Forever Precious Jewellery & Diamonds, Zoom Developers, Kingfisher Airlines, Beta Naphthol and Raza......

HC irked over govt inaction on PAN card issued to foreigner

  Taking serious note of a foreign national obtaining a Permanent Account Number card by claiming to be an Indian citizen and using it to open two bank accounts, the Bombay High Court has......

World's biggest rogue traders

There is a common factor that binds these men who tried to make a quick buck and ended up in a mess – greed. Image: Rogue traders have toyed with the financial system, wreaking havoc.......

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