Posted by Equitymaster Mutual funds are not immune to corporate frauds and have seen their share. Corporate frauds can often go unnoticed for... ...http://feeds.equitymaster.com/~r/TheOutsideView/~3/MHKIz__RU6U/detail.asp
Bank stocks are down once again, hurt by the massive Rs 11,400 crore fraudulent transactions involving diamond merchant Nirav Modi and a few... ...http://www.sify.com/finance/bank-stocks-continue-to-feel-the-heat-of-massive-fraud-at-pnb-news-sensex-sctmBuccgifef.html
Over 25,600 cases of banking fraud reported up to December 21, 2017, says Minister RS Prasad. Illustration: Dominic Xavier/Rediff.com. Public... ...http://www.rediff.com/money/report/psu-banks-lost-rs-227-bn-to-frauds-in-5-years/20180215.htm
In the case of IOB, Moody's has also affirmed the bank's senior unsecured debt rating at Ba3 and changed the outlook to positive. It issues its... ...http://www.business-standard.com/article/news-cm/moody-s-changes-outlook-of-central-bank-of-india-and-indian-overseas-bank-to-positive-from-stable-118021200531_1.html
Though most experts remain bullish on the banking space, they suggest investors buy only those banks whose NPAs are at a manageable level of 3% to... ...http://www.rediff.com/money/report/dont-rush-to-buy-public-sector-bank-stocks/20180205.htm
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