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Karnataka judge declares assets online

 Justice D V Shylendra Kumar, a Karnataka high court judge, who disclosed his assets to the registrar general of the high court on Wednesday, released an online statement on Thursday saying he chose......

Uday Kotak: A journey to meteoric heights cut short by regulator

 Growing up in the Mumbai of 1970s, Uday Kotak aspired to be a cricketer and trained under legendary coach Ramakant Aachrekar. Photograph: Danish Siddiqui/Reuters However, it was an on-field injury......

Axis Bank buys Citi's India retail business for Rs 12,325 cr

 Axis Bank on Wednesday said it will acquire US-based Citi's consumer business in India for Rs 12,325 crore in one of the largest deals in the Indian financial services space which will help it......

Bank mergers: Changes that customers can expect

   In a merger, all assets and liabilities are taken over by the acquiring bank. The country's largest bank, the State Bank of India, is considering merging its five associate banks and Bharat......

Money laundering scam turns out murkier than expected

 The banks used for the fraud include ING Vysya Bank, ICICI Bank, Kotak Mahindra Bank, Axis Bank, IndusInd Bank, Dhanlaxmi Bank, YES Bank and DCB Bank. The trade-related money laundering scam,......

9 more banks under scanner over money laundering

 Finance Minister Arun Jaitley said the magnitude of the alleged black money transfer through state-owned BoB will only be known after completion of the multi-disciplinary probe. Investigations by......

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