This is one of the many such cases that helped to create an acute fear psychosis among public sector bankers, reveals Tamal Bandyopadhyay in his fascinating new book Pandemonium: The Great Indian Banking Tragedy.
'The amount involved could as high as Rs 3,500 crore as there are a lot of depositors.' 'Yesterday, I met an investor who put in Rs 4 crore. That man doesn't have Rs 2,000 to spend on medicines.'
Following Hyderabad-based GMR Infrastructure's successful bid for the new Istanbul airport and DS Construction's acquisition of energy company Globeleq's US assets, many mid-size infrastructure companies are planning to venture overseas.
Five-time champions Mumbai Indians will look to continue their winning streak in IPL 2021.
Sena said many banking frauds have come to fore during the Modi regime.
Royals' new Director of Cricket Kumar Sangakkara is confident that the team's young Indian fast bowlers will rise to the challenge in this year's Indian Premier League.
Bankers have decided to fight back against 'arbitrary arrests' and 'harassment' by probe agencies.
Top gainers from the Sensex pack are Infosys, Cipla, NTPC, ITC and Lupin