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Cong questions delay in FIR against ABG Shipyard in duping 28 banks

 The Congress on Sunday accused those sitting in the highest echelons of power in the Narendra Modi government of complicity, collusion and connivance in what it described as "India's biggest bank......

Nirav Modi has been dethroned!

 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......

RBI caps withdrawals from Yes Bank; supersedes board

 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......

Jet lenders give third extension for EoI to Aug 31

 After the August 10 deadline, South American conglomerate Synergy Group Corp reportedly evinced interest in the airline, forcing the RP to seek lenders' nod to extend the deadline to August 31.The......

As revival hopes fade, Jet creditors' claims zoom

 Naresh Goyal-owned group companies, including the airline's general sales agent in India and abroad, and a car rental firm, are among those who have filed claims. Only Jet Privilege’s claims......

How life will change for the employees of IDBI Bank

 The government has asked the Indian Banks’ Association to make sure that IDBI Bank’s wages are at par with other banks. The government has asked IDBI Bank to align with other......

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